All tax sales on:
30 September 2017All tax sales from:
City of ThoroldSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF THOROLD more info
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 October 26, 2017, at the Thorold City Hall, 3540 Schmon Pkwy,
Thorold Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Thorold City Hall, 3540 Schmon Pkwy,
Thorold.
Description of Land(s):
Roll No. 27 31 000 030 00302 0000; PIN 64060-0301(LT); Part
Township Lot 188 Thorold, Parts 9 & 11, Plan 59R1884, S/T AA68038;
Thorold. File No.16-33
Minimum Tender Amount: $5,823.12
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.
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.
Transfers of properties in this jurisdiction that contain at least one and
not more than six single family residences and are transferred to nonresidents
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, 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, visit: www.OntarioTaxSales.ca or if no
internet access available, contact:
Mike Lostracco, CMA
Manager of Revenues & Accounting
The Corporation of the City of Thorold
P.O. Box 1044
3540 Schmon Pkwy
Thorold ON L2V 4A7
905-227-6613 X 235