municipal act, 2001
May 30,2018 Ontario Tax Sale properties Parry Sound
sale of land by public tender
The Corporation of the Town of Parry Sound
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 30, 2018 at The Corporation of the Town of Parry Sound, Town Office, 52 Seguin Street, Parry Sound, Ontario, P2A 1B4.
The tenders will then be opened in public on the same day at 3:15 p.m. on May 30, 2018 at the Town of Parry Sound, 52 Seguin Street, Parry Sound, Ontario, P2A 1B4.
May 30,2018 Ontario Tax Sale properties Parry Sound
Description of Land(s):
9 Wood Street, Parry Sound, Ontario, P2A 2C5 being PIN 52107-0050 (LT); LT 2 E/S wood ST PL 123; PT LT 3 E/S wood ST PL 123 PT 2 42R3113; S/T RO134154; S/T interest in RO134154; parry sound; Roll Number 4932 010 004 05300 0000.
Minimum Tender Amount:$24,184.14
According to the last returned assessment roll, the assessed value of the land is $231,000.00 Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 percent 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 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 and any taxes that may be applicable, such as a land transfer tax.
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 you may contact: Rob Beaumont
Manager of Revenue and Taxation / Tax Collector
52 Seguin Street
Parry Sound, Ontario P2A 1B4
Tel: 705-746-2101
