municipal act, 2001
May 31,2018 Ontario Tax Sale properties South River
sale of land by public tender
The Corporation of the Village of South River
take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on May 31st 2018, at the South River Municipal Office, 63 Marie St., South River Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the South River Municipal Office, 63 Marie St., South River Ontario.
May 31,2018 Ontario Tax Sale properties South River
Description of Land(s):
Roll No. 49 56 000 001 33900 0000; 19 Isabella St., South River; PIN 52058-0205 (LT); Parcel 8856 Section NS; N 1/2 Lot 10 N/S Ottawa Av Plan M2; South River; File No. 17-02 Minimum Tender Amount:$10,000.00
Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, HST if applicable and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact: Sherri Hawthorne
Treasurer
The Corporation of the Village of South River
63 Marie St.
P.O. Box 310
South River ON P0A 1X0
705-386-2573
