All tax sales on:
10 September 2022All tax sales from:
City of WellandSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF WELLAND more info
TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on
September 29, 2022, at the City of Welland Civic Square, 60 East Main
Street, Welland 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 Welland Civic Square, 60 East
Main Street, Welland.
Description of Land(s):
1. Roll No. 27 19 050 015 15400 0000; 397 Gatfield Ave., Welland;
PIN 64120-0426 (LT); LT 399 PL 973; WELLAND; File No.
21-03
According to the last returned assessment roll, the assessed value
of the land is $104,000
Minimum Tender Amount: $40,259.33
2. Roll No. 27 19 030 009 01000 0000; 296 King St., Welland;
PIN 64108-0077 (LT); PT LT 29 PL 555 AS IN RO662795; S/T
RO662795; CITY OF WELLAND; File No. 21-05
According to the last returned assessment roll, the assessed value
of the land is $46,500
Minimum Tender Amount: $202,672.55
3. Roll No. 27 19 040 011 11000 0000; 111 Victoria St., Welland;
PIN 64110-0038 (LT); LTS 150, 151, 152 & 153, PL 573;
WELLAND; File No. 21-06
According to the last returned assessment roll, the assessed value
of the land is $33,000
Minimum Tender Amount: $150,013.72
4. Roll No. 27 19 040 012 11900 0000; 201 Major St., Welland;
PIN 64115-0002 (LT); LT 22, PL 579; LTS 32-37, PL 579; PT
LANEWAY, PL 579, (AS CLOSED BY BB80171, RO281476
& BL37), AS IN RO681645; S/T B44078, BB80172, RO702424
WELLAND; File No. 21-07
According to the last returned assessment roll, the assessed value
of the land is $595,000
Minimum Tender Amount: $835,465.40
Please Note: A "Certificate of Requirement" has been registered
on title to the land in File 21-07 PIN 64115-0002 (LT) Copies of
the Director's Order are available in the Tender Package and at the
Municipal Office.
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.
The municipality makes no representation regarding the title to, crown interests
or any other matters, including any environmental concerns, relating
to the lands to be sold. Responsibility for ascertaining these matters
rests with the potential purchasers. Any interests of the 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 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 a copy of the
prescribed form of tender, contact:
Steven Fairweat her
Director of Finance/CFO/Treasurer
The Corporation of the City of Welland
60 East Main Street
Welland ON L3B 3X4
905-735-1700 Ext. 2170
[email protected]
www.welland.ca