All tax sales on:
10 September 2022All tax sales from:
City of Elliot LakeSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF ELLIOT LAKE 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 September 29, 2022, at the Elliot Lake City Hall, 45 Hillside Drive
North, Elliot Lake Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Elliot Lake City Hall, 45 Hillside Drive
North, Elliot Lake.
Description of Land(s):
1. Roll No. 57 41 000 011 12200 0000; 130 Mississauga Ave., Elliot
Lake; PIN 31624-0369 (LT); PCL 4124 SEC AES; LT 497 PL
M158 GUNTERMAN; S/T LT39037E; ELLIOT LAKE; File
No. 20-02
According to the last returned assessment roll, the assessed value
of the land is $80,000
Minimum Tender Amount: $14,861.03
2. Roll No. 57 41 000 015 08000 0000; 2 Kilborn Way, Elliot Lake;
PIN 31623-0264 (LT); PCL 8948 SEC AES; PT TWP OF
GUNTERMAN PT 1 1R3545 & PT 1 1R3778; ELLIOT LAKE;
File No. AAEL20-10
According to the last returned assessment roll, the assessed value
of the land is $268,000
Minimum Tender Amount: $78,163.27
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit of at least 20 per cent 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 the land(s) to be sold, including any interests of the Federal
or Provincial Crown that continue to encumber the land after the
registration of the tax deed, or any other matters relating to the lands
to be sold. Responsibility for ascertaining these matters rests with the
potential purchasers. The assessed value according to the last returned
assessment roll may or may not be representative of the current market
value of the property.
Transfers of properties that contain at least one and not more than
six single family residences and are transferred to non-residents 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 and
any taxes that may be applicable, such as a land transfer tax and HST.
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 copy of the prescribed
form of tender, visit: www.OntarioTaxSales.ca or if no internet access
available, contact:
Melanie McInnes
Temporary Tax Clerk
The Corporation of the City of Elliot Lake
45 Hillside Drive North
Elliot Lake ON P5A 1X5
705-848-2287 Ext 2109
mmcinnes@city.elliotlake.on.ca
www.elliotlake.ca