All tax sales on:
2 November 2019All tax sales from:
Town of CaledonSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF CALEDON 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
November 21, 2019, at the Town of Caledon Municipal Office, 6311
Old Church Road, Caledon Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Town of Caledon Municipal Office, 6311
Old Church Road, Caledon.
Description of Land(s):
1. Roll No. 21 24 010 002 03120 0000; 16587 Mount Hope Rd.; PIN
14339-0193 (LT); Part Lots 23 & 24 Concession 8 Albion as in
RO861442 T/W RO861442 S/T if any RO523841; Caledon; File
No. TR18-01
According to the last returned assessment roll, the assessed value of
the land is $1,814,250
Minimum Tender Amount: $87,125.13
2. Roll No. 21 24 010 002 03000 0000; Mount Hope Rd; PIN 14339-
0015(LT); Part Lot 23 Concession 8 Albion Part 1 Plan 43R14946
S/T life interest in AL21545; Caledon; File No.TR18-02
According to the last returned assessment roll, the assessed value of
the land is $966,250
Minimum Tender Amount: $35,000.08
3. Roll No. 21 24 030 008 25405 0000; Mississauga Rd; PIN 14279-
0097(LT); Part Lot 27 Concession 4 WHS Caledon Part 1, Plan
43R4517; Caledon; File No. TR18-09
According to the last returned assessment roll, the assessed value of
the land is $27,375
Minimum Tender Amount: $8,353.76
4. Roll No. 21 24 030 007 41600 0000; 7 Flaherty Lane, Caledon;
PIN 14280-0033(LT); Parcel 7-1 Section 43M858; Lot 7 Plan
43M858; Town of Caledon; File No. TR18-13
According to the last returned assessment roll, the assessed value of
the land is $393,500
Minimum Tender Amount: $27,536.49
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, crown interests, or any other matters relating to the lands
to be sold. 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. 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 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 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 a copy of the
prescribed form of tender, visit:
Manager of Revenue
The Corporation of the Town of Caledon
6311 Old Church Road
Caledon ON L7C 1J6
(905) 584-2272 Ext. 7750
[email protected]
PLEASE NOTE:
Tax Sales are not typical real estate transactions. If you are considering
participating in a tax sale, it is highly recommended that you seek
independent legal advice from a lawyer licensed to practice in Ontario
and in good standing with the Law Society of Upper Canada.
In addition, it is not permitted to enter upon a property that is
advertised for tax sale. These are not typical real estate transactions.
Entering upon a property advertised for tax sale proceedings is
considered to be trespassing.
Please visit www.caledon.ca/taxsale for more information on property
tax sales