Ontario Tax Sale Property Forum

Tax Sale Forum => General => Topic started by: Frank on April 29, 2009, 05:51:48 PM

Title: Central Manitoulin
Post by: Frank on April 29, 2009, 05:51:48 PM

This might be of interest to the person who won the Gooseberry Island bid. 

Cute little restaraunt/gas-bar with living accomodations.   Best check with MOE as to any outstanding pollution issues regarding the gas tanks.

Title: Re: Central Manitoulin
Post by: netpred on April 29, 2009, 08:56:18 PM

I'm pretty sure that no one would buy a property with gas pumps without first conducting the necessary environmental assessments, would they?

Title: Re: Central Manitoulin
Post by: Frank on April 30, 2009, 01:20:27 AM

Quote from: netpred on April 29, 2009, 08:56:18 PM

I'm pretty sure that no one would buy a property with gas pumps without first conducting the necessary environmental assessments, would they?

I had some investigative involvement in removing tanks and cleaning up surrounding soil about 12 years ago. Back then it was $100,000 and up for removal of old tanks and surrounding soil. We're not talking about leaking tanks either.

I've had some experience with contaminated sites as well.  In a tax sale you don't have the opportunity to do that type of investigation in advance.  You'd be surprised at what people will bid on in a sale of this nature...looking for the Bart Simpson steal of a lifetime.