THE CORPORATION OF THE CITY OF LONDON
TAKE NOTICE that tenders are invited for the purchase of the lands described below and will be accepted if sealed in an envelope and clearly marked with the PIN (Property Identification Number) and the Roll Number of the property for which the tender is submitted. A separate tender must be submitted for each property.
Ontario tax sale properties City of London
Tenders will be received ONLY at the City Tax Office, Room 407, City Hall, City of London until 3:00 p.m. local time on Wednesday, November 22, 2017. The tenders will then be opened in public at Committee Room #2, 2nd floor, City Hall on the same day, immediately following the 3:00 p.m. deadline.
Description of Land(s):
1. Pt Lots 9 & 10, Blk ‘I’, Plan 296 (3rd) as described in Instrument No. LT289986, City of London, County of Middlesex PIN: 08281-0208 (LT)
Municipal Address: 491 English St., London, ON N5W 3T6 Roll No.: 39 36 030-100-066-00-0000
Minimum Tender Amount: $18,392.21
2. Pt Lot 153, Plan 451 (C), as described in Instrument No. 639579, City of London, County of Middlesex
PIN: 08338-0045 (LT)
Municipal Address: 794 Hamilton Rd., London, ON N5Z 1V3 Roll No.: 39 36 040-370-137-00-0000
Minimum Tender Amount: $25,213.23
3. Pt Blk ‘D’, Plan 440 (C), as described in Instrument No. 454448, City of London, County of Middlesex
PIN: 08337-0134 (LT)
Municipal Address: 764 Hamilton Rd., London, ON N5Z 1T9 Roll No.: 39 36 040-370-060-00-0000
Minimum Tender Amount: $16,920.20
4. Lot 35, Plan 434 (3rd), City of London, County of Middlesex PIN: 08309-0043 (LT)
Municipal Address: 254 Hamilton Rd., London, ON N5Z 1R3 Roll No.: 39 36 050-170-038-00-0000
Minimum Tender Amount: $98,633.94
5. Pt Lot 24, Conc. 5, as described in Instrument No. LT326843, together with Nos. 301078 & 349332, City of London, County of Middlesex
PIN: 08207-0073 (LT)
Municipal Address: 5308 Wonderland Rd. S., London, ON Roll No.: 39 36 080-020-182-05-0000
Minimum Tender Amount: $13,947.25
6. Lot 22, Block ‘O’, Plan 437 (C), City of London, County of Middlesex
PIN: 08355-0057 (LT)
Municipal Address: 93 Adelaide St. S., London, ON N5Z 3K6 Roll No.: 39 36 050-330-101-00-0000
Minimum Tender Amount: $38,316.39
7. Pt Block ‘D’, R.P. 494 (C) and Pt of Gleeson Street, R.P. 494 (C) as closed by ByLaw EL 25618 designated as Parts 2, 3, 14, 15, 16 & 17, Ref Plan 33R12757, City of London, County of Middlesex PIN: 08289-0051 (LT)
Municipal Address: 475 McCormick Blvd., London, ON N5W 5N1
Roll No.: 39 36 030-060-115-50-0000
Minimum Tender Amount: $1,796,052.86
8. Part of Lot 5, Concession 1, (formerly London Township) designated as Parts 1, 2, 3, 4, 5 & 6, Plan 33R5073, City of London, County of Middlesex
PIN: 08109-0015 (LT)
Municipal Address: 1781 Oxford St. E., London, ON N5V 2Z6 Roll No.: 39 36 030-290-026-00-0000
Minimum Tender Amount: $708,941.47
9. Lot 47, Plan M56 Subject to Instrument No. LT31216, City of London, County of Middlesex
PIN: 08472-0200 (LT)
Municipal Address: 118 Millridge Crt., London, ON N5Z 4P4 Roll No.: 39 36 050-510-157-00-0000
Minimum Tender Amount: $91,905.49
10. Lot 37, Plan 33M272, City of London, County of Middlesex PIN: 08204-0260 (LT)
Municipal Address: 595 Exeter Rd., London, ON N6E 2Z2 Roll No.: 39 36 060-580-632-00-0000
Minimum Tender Amount: $2,452,426.64
The sale of these properties is subject to cancellation up to the time of the tender opening without any further notice.
The Minimum Tender Amount represents the cancellation price as of the first day of advertising.
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.
The municipality makes no representation regarding the title or any other matters relating to the land to be sold, including but not limited to the potential existence of environmental contamination, estates and interests of the federal or provincial governments or their agencies, easements and restrictive covenants, and interests acquired by adverse possession. 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, penalties and interest, GST/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 the following staff: Supervisor -Tax Collections
(519) 661-2489 ext 4543
The Corporation of the City of London
Tax Sale Section
City Tax Office, Room 407
300 Dufferin Ave
London ON N6B 1Z2
DISCLAIMER
We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.
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