sale of land by public tender
ontario regulation 181/03
municipal tax sales rules
Ontario tax liens sale The Corporation of the Village of Burk’s Falls take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on February 25, 2021, at the Village of Burk’s Falls Municipal Office, 172 Ontario Street, Burk’s Falls Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 172 Ontario Street, Burk’s Falls.
Description of Land(s):
Roll No. 49 22 000 001 19000 0000; 199 Ontario St., Burk’s Falls; PIN 52139-0181 (LT); PT LT 9 W/S ontario ST PL 26 as in RO146331; burk’s falls; File No. 19-01
According to the last returned assessment roll, the assessed value of the land is $176,000.00
Minimum Tender Amount: $28,433.18
Roll No. 49 22 000 001 19300 0000; 197 Ontario St., Burk’s Falls; PIN 52139-0179 (LT); LT 8 W/S ontario ST PL 26; PT LT 7 W/S ontario ST PL 26 as in RO156683; burk’s falls; File No.19-02
According to the last returned assessment roll, the assessed value of the land is $282,000.00
Minimum Tender Amount:$42,558.25
Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.
Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.
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 and any taxes that may be applicable, such as a land transfer tax and HST.
The municipality has no obligation to provide vacant possession to the successful purchaser.
A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms
Repository under the listing for the Ministry of Municipal Affairs.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Tammy Wylie,
Treasurer/Deputy Clerk
The Corporation of the Village of Burk’s Falls
172 Ontario Street, P.O. Box 160
Burk’s Falls ON P0A 1C0
705-382-3138 ext. 227
