All tax sales on:
20 May 2017All tax sales from:
City of CambridgeSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF CAMBRIDGE more info
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 June
14, 2017, at the City Of Cambridge Municipal Office, 50 Dickson
Street, Cambridge Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the City of Cambridge Municipal Office, 50
Dickson Street, Young Room, 2nd Floor, Cambridge.
Description of Land(s):
Roll No. 30 06 090 004 09100 0
000; PIN 03787-0366(LT); Part Lot
26 Plan 271 Cambridge Part 2 Plan 67R3729 Except Part 54 Plan
67R3883; S/T WS755605; Cambridge. File No. 15-01
Minimum Tender Amount: $363,009.47
Roll No. 30 06 080 017 05700 0000; 50-60 Kerr St, Cambridge; PIN
03818-0050(LT); Lot 3 and Part Lots 1, 2 & 4 North Side Kerr St &
West Side Shade St Plan 615 Cambridge; Part Lots 1 & 2 West Side
Shade St & North Side Kerr St Plan 615 Cambridge; Being Part 1, on
Plan 67R2560; Cambridge. File No. 15-02
Minimum Tender Amount: $1,270,878.56
Roll No. 30 06 140 003 12700 0000; 90 Beech Ave, Cambridge; PIN
22632-0033(LT); Lot 45 Plan 160 Cambridge; S/T Execution 01-01367,
If Enforceable; Cambridge. File No. 15-11
Minimum Tender Amount: $71,265.52
Roll No. 30 06 100 016 04200 0000; 120 Westminster Dr S; PIN 03782-
0111(LT); Part Lot 19 and 20 South Side of King Street & West Side
of Potter Street Plan 521 Cambridge; Being Part 2, Plan 58R11440;
T/W 1442863; Cambridge. File No. 15-12
Minimum Tender Amount: $46,491.77
Roll No. 30 06 090 012 06800 0000; 930 King St E, Cambridge; PIN
03785-0046(LT); Part Lot 4 South Side King St & West Side Potter St
Plan 521 Cambridge as in 1117942; S/T & T/W 1117942; Cambridge.
File No. 15-14
Minimum Tender Amount: $326,859.62
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
City of Cambridge and representing at least 20 per cent of the tender
amount.
Except as follows, the municipality makes no representation regarding the
title to any other matters relating to the land(s) to be sold. This includes
but not limited to existing interests in favour of the Crown, environmental
concerns or any other matters relating to the lands. 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.
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 a copy of the
prescribed form of tender, contact:
John Avery
Manager of Purchasing & Inventory
The Corporation of the City of Cambridge
P.O. Box 669
50 Dickson Street
Cambridge ON N1R 5W8
519-740-4685 X 4293
www.cambridge.ca/TaxSale