Sale of Lands for Tax Arrears by Public Tender Markham-Ontario SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF MARKHAM
Feb 15,2018 Ontario Tax Sale properties Markham 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 15, 2018, in the Ontario Room, City of Markham Municipal Office, Main Level, 101 Town Centre Blvd., Markham Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. in the Ontario Room, City of Markham Municipal Office, Main Level, 101 Town Centre Blvd., Markham.
Feb 15,2018 Ontario Tax Sale properties Markham Description of Land(s):
Roll No. 19 36 010 087 58800 0000; 35 Thorny Brae Dr., Thornhill; PIN 03026-0115(LT); Lot 189 Plan 7695 Markham; S/T MA58778 assigned by R692069; Markham; File No.15-03
Minimum Tender Amount: $61,148.67
Roll No. 19 36 020 125 00668 0000; 8 Simsbury Crt., Markham; PIN 02991-0221(LT); Parcel 269-1, Section M1798; Lot 269, Plan M1798, S/T LA761310; S/T LA784051; Markham; File No. 15-06 Minimum Tender Amount: $37,317.58
Roll No. 19 36 020 144 62634 0000; 34 Walnut Glen Pl., Markham; PIN 03058-0125(LT); Parcel 21-1 Section 65M2466; Lot 21 Plan 65M2466; S/T LT410271, LT416923 Markham; File No.15-11 Minimum Tender Amount: $125,991.19
Roll No. 19 36 020 126 68538 0000; 130 Maple Park Way, Markham; PIN 29479-0038(LT); Unit 38 Level 1 York Region Condominium Plan No. 948 and its appurtenant interest. The description of the condominium property is: Part Lot 6 Concession 5 (Markham), Parts 1, 2 & 3 Plan 65R21942; Markham, as more particularly set out in Schedule ‘A’ of Declaration LT1572856; File No.15-63 Minimum Tender Amount: $26,401.41
Roll No. 19 36 030 233 44810 0000; 91 Anderson Ave., Unit 10, Markham; PIN 29281-0010(LT); Unit 10 Level 1, York Region Condominium Plan No. 750; Block K Plan M1793, more fully described in Schedule ‘A’ of Declaration LT699661; S/T right as in LT869159; Markham; File No.15-76
Minimum Tender Amount: $21,627.42
Roll No. 19 36 030 252 89500 0000; 6752 14th Ave., Markham; PIN 03065-0026(LT); Part Lot 1 Block E Plan 19 Markham designated Part 1 Plan 64R8540; Town of Markham; File No. 15-80 Minimum Tender Amount: $14,512.88
Roll No. 19 36 020 132 50601 0000; PIN 03046-0198(LT); Part Lot 15 Concession 3 (Markham) & Part Lots 3 to 8 Plan 3717 designated Parts 8, 9, 10, 22, 24, 31, 32 & 33 Plan 65R23183; Markham; S/T & T/W easements and rights of way as described in PIN; File No. 15-81 Minimum Tender Amount: $5,370.14
Roll No. 19 36 030 211 62503 0000; PIN 03069-0359(LT); Part Block 26 Plan 65M3864 & Part Block 31, Reserve, Plan 65M3864 designated Part 1 Plan 65R30449, Markham; S/T easement for entry over Part Block 26 Plan 65M3864, lying within the limits of Part 1 Plan 65R30449, as in YR814161; File No. 15-82
Minimum Tender Amount: $8,962.30
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, 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 nonresidents 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 how to obtain a prescribed form of tender contact:
Miranda Miluzzi
Manager of Tax and Cash Management
The Corporation of the City of Markham
101 Town Centre Blvd.
Markham ON L3R 9W3
(905) 477-7000 Ext. 4726
mmiluzzi@markham.ca
PLEASE NOTE:
Tax Sales are not typical real estate transactions. If you are considering participating in a tax sale, it is highly recommended that you seek independent legal advice from a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada.
In addition, it is not permitted to enter upon a property that is advertised for tax sale. These are not typical real estate transactions.
Entering upon a property advertised for tax sale proceedings is considered to be trespassing.
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.