All tax sales on:
29 April 2023All tax sales from:
Township of The North ShoreSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
TOWNSHIP OF THE NORTH SHORE 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 May
25, 2023, at the Township of The North Shore Municipal Office, 1385
Hwy. 17 West, Algoma Mills Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Township of The North Shore Municipal
Office, 1385 Hwy. 17 West, Algoma Mills.
Description of Land(s):
1. Roll No. 57 40 040 000 06103 0000; 1026 Whalen Lane, Serpent
River; PIN 31420-0103 (LT); PCL 7245 SEC AES; PT LT 10
CON 2 LEWIS PT 4 1R2006; THE NORTH SHORE; File 21-04
According to the last returned assessment roll, the assessed value
of the land is $46,000
Minimum Tender Amount: $30,088.30
2. Roll No. 57 40 040 000 07300 0000; Highway 17, Serpent River;
PIN 31420-0044 (LT); PCL 5521 SEC AES; PT LT 10 CON 2
LEWIS AS IN LT47656 EXCEPT ALL MINERAL RIGHTS;
THE NORTH SHORE; File 21-08
According to the last returned assessment roll, the assessed value
of the land is $53,000
Minimum Tender Amount: $24,665.64
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 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.
Pursuant to the Prohibition on the Purchase of Residential Property
by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the "Act"), effective
January 1, 2023, it is prohibited for a non-Canadian to purchase,
directly or indirectly, any residential property, as those terms are
defined in the legislation. Contraventions of the Act are punishable by
a fine, and offending purchasers may be ordered to sell the residential
property.
The municipality assumes no responsibility whatsoever for ensuring
bidders/tenderers comply with the Act, and makes no representations
regarding same. Prospective bidders/tenderers are solely responsible
for ensuring compliance with the Act and are advised to seek legal
advice before participating in this sale.
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, visit: www.OntarioTaxSales.ca or if no
internet access available, contact:
France Gagnon
Treasurer/Bookkeeper
The Corporation of the
Township of The North Shore
1385 Hwy. 17 West
P.O. Box 108
Algoma Mills ON P0R 1A0
(705) 849-2213 Ext. 202
[email protected]
www.townshipofthenorthshore.ca