June 30, 2016 Tax sale properties Espanola – Ontario

Tax sale properties Espanola – Ontario

Municipal Act, 2001
Sale of Land by Public Tender
The Corporation of the Town of Espanola

Take Notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on Thursday, June 30th, 2016 at the municipal office, Town of Espanola, 100 Tudhope Street, Suite 2, Espanola, ON P5E 1S6.

The tenders will then be opened in public on the same day at the Town of Espanola, 100 Tudhope Street, Suite 2, Espanola, ON P5E 1S6.at 3:15 p.m.

Description of Lands:

1stly–PIN 73411-0363 (LT)

PCL 53M1214-28-Blocks Sec SWS, Res BLK 28, PL 53M1214

2ndly–PIN 73411-0364 (LT)

PCL 53M1214-28-Blocks Sec SWS, Res BLK 29, PL 53M1214 3rdly–PIN 73411-0375 (LT)

PCL 53M1214-28-Blocks Sec SWS, Res BLK 30, PL 53M1214

4thly–PIN 73411-0376 (LT)

PCL 53M1214-28-Blocks Sec SWS, Res BLK 31, PL 53M1214

5thly–PIN 73411-0377 (LT)

PCL 53M1214-28-Blocks Sec SWS, Res BLK 32, PL 53M1214

6thly–PIN 73411-0378 (LT)

PCL 53M1214-28-Blocks Sec SWS, Res BLK 33, PL 53M1214 Township of Merritt, Town of Espanola, District of Sudbury

Municipal Address: unassigned

<Roll No. 5226 000 006 16600 0000

File No. 15-05

Minimum Tender Amount: $15,778.26

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. Tenders must be submitted in sealed envelopes addressed to the Town of Espanola Re: Public Tender and must contain either the Roll or File Number on the envelope.

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 the relevant land transfer tax. If these sales require that a survey plan be required such cost shall be in addition to and not included in the tender amount (purchase price) and shall be paid by the potential purchasers.

If these sales are subject to H.S.T. then such H.S.T. shall be in addition to and not included in the tender amount (purchase price), and H.S.T. shall be collected and remitted in accordance with applicable legislation.

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:

Cynthia Townsend
Clerk Treasurer/Administrator
Town of Espanola
100 Tudhope Street, Suite 2
Espanola, ON P5E 1S6.
(705) 869-1540

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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