The Corporation of the City of Cambridge
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 November 29, 2017, at the City of Cambridge Municipal Office, 50 Dickson Street, Cambridge Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m.. at the City of Cambridge Municipal Office, 50 Dickson Street, Young Room, 2nd Floor, Cambridge.
Ontario tax sale properties Cambridge
Nov 29,2017 Ontario tax sale properties Cambridge Description of Land(s):
Roll No. 30 06 090 004 09100 0000; PIN 03787-0366(LT); Part Lot 26 Plan 271 Cambridge Part 2 Plan 67R3729 Except Part 54 Plan 67R3883; S/T WS755605; Cambridge. File No. 15-01 Minimum Tender Amount:
$278,659.33
Roll No. 30 06 080 017 05700 0000; 50-60 Kerr St, Cambridge; PIN 03818-0050(LT); Lot 3 and Part Lots 1, 2 &A; 4 North Side Kerr St &A; West Side Shade St Plan 615 Cambridge; Part Lots 1 &A; 2 West Side Shade St &A; North Side Kerr St Plan 615 Cambridge; Being Part 1 on Plan 67R2560; Cambridge.
File No. 15-02
Minimum Tender Amount:
$698,545.71
Roll No. 30 06 090 012 06800 0000; 930 King St E, Cambridge;
PIN 03785-0046(LT);
Part Lot 4 South Side King St &A; West Side Potter St Plan 521 Cambridge as in 1117942; S/T &A; T/W 1117942; Cambridge. File No. 15-14
Minimum Tender Amount:
$225,317.60
Roll No. 30 06 150 006 09700 0000; 174 Strathcona St., Cambridge; PIN 03761-0091(LT); Lot 25 Plan 123 Cambridge; Cambridge. File No. 15-71 Minimum Tender Amount:
$55,254.28
Roll No. 30 06 140 021 23190 0000; PIN 03756-0169(LT); Part Lots 7 &A; 8 Concession 1 Beasley’s Lower Block Township of Waterloo as in WS535436 Lying North of Part 1, Plan 58R10923; S/T Debts in WS535436; S/T Beneficiaries interest in WS520228; Cambridge. File No. 15-129 Minimum Tender Amount:
$13,367.87
Roll No. 30 06 100 020 08200 0000; 480 Queenston Rd., Cambridge; PIN 03776-0065(LT); Part Lot 110 S/S Queen St Plan 521 Cambridge as in WS613015; Cambridge. File No. 16-65 Minimum Tender Amount:
$35,455.61
Roll No. 30 06 030 014 61771 0000; 22 Ardoch Mews, Cambridge;
PIN 22655-0109(LT); Part Lot 191 Plan 1371 Cambridge Part 1 Plan 67R2322 S/T right in WS642182; S/T WS554787, WS562786; Cambridge.
File No. 16-86
Minimum Tender Amount:
$23,086.55
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% of the tender amount.
Except as follows, the municipality makes no representation regarding the title to, crown interests, or any other matters relating to the lands to be sold.
Responsibility for ascertaining these matters rests with the potential purchasers.
Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed.
Transfers of properties in this jurisdiction that contain at least one and not more than six single family residences and are transferred to non-residents of Canada or foreign entities, are subject to the Province’s Non-Resident Speculation Tax (Nrst).
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:
Fern Nunes-Farias
Supervisor of Tax and Water
The Corporation of the City of Cambridge P.O. Box 669
50 Dickson Street
Cambridge ON N1R 5W8
519-623-1340ext. 4245
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