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May 12, 2016

Municipal Act, 2001
Sale Of Land By Public Tender
The Corporation Of The City Of Oshawa

Take Notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00:00 p.m. local time on the 12th day of May, 2016 addressed to Deputy Treasurer, c/o David Lyon Cppb, Manager of Purchasing Services, 6th Floor, 50 Centre St S., Oshawa, Ontario L1H 3Z7.

A public tender opening will be on the same day at 3:15 p.m. (local time) at the Arts Resource Centre, 45 Queen Street, Oshawa, Ontario following the closing of tenders.

Tax sale properties Oshawa – Ontario

Tax sale properties Oshawa - OntarioDescription of Land(s):

1. PIN No. 16348-0133(LT)
Part Lot 14, Plan 212 Oshawa Part 2 on 40R14348
City of Oshawa Regional Municipality of Durham
Roll No. 040 008 103 50 0000
Civic Address: 122 Olive Avenue (vacant land)
Assessed Value: $9,800
Tax Sale File No. 1-2015

Minimum Tender Amount $8,716.60

2. PIN No. 16409-0247(LT)
Parcel 27-2, Section M919 Part Lot 27 Plan M919 Part 54, 40R582
City of Oshawa, Regional Municipality of Durham
Roll No. 050 007 017 01 0000
Civic Address: 1289 Oxford Street
Assessed Value: $172,000
Tax Sale File No. 8-2015

Minimum Tender Amount $25,562.22

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or 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 City of Oshawa 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.

The municipality has no obligation to provide vacant possession to the successful purchaser.

For further information regarding this sale, please refer to the City of Oshawa Website (https://bids.oshawa.ca). For a copy of the prescribed form of tender, contact Timothy F. Dwyre, Deputy Treasurer/Manager of Revenue and Taxation. Sealed Tenders in the prescribed form must be addressed to:

Deputy Treasurer

c/o David Lyon, Cppb
Manager, Purchasing Services
The Corporation of the City of Oshawa
6th Floor, 50 Centre St S
Oshawa ON L1H 3Z7
For Information Or A Tender, contact

Timothy F. Dwyre, A.M.T.C., C.M.T.C.
Deputy Treasurer/Manager of Revenue and Taxation
Phone number (905) 436-5656
1 800 667-4292 FREE ext. 5656
Fax number: (905) 436-5618
Email Address: tdwyre@oshawa.ca

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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