Vaughan - anyone attending??

[ChrisCentral]

Is anyone attending the Vaughan tax sale tomorrow?

[shah]

Links Road just cancelled 

[Tri-Target]

Two more cancellations....

Property @ 90 Willis Rd. Has been Cancelled by the City

Property @ 7460 Bathurst St. - Has been Cancelled by the City

[shah]

Hi,

Anyone get Vaughan results?

Thanks.

[ChrisCentral]

There is nothing worth anything left - I'd be surprised to see bids on anything.

[shah]

There is nothing worth anything left - I'd be surprised to see bids on anything.

None of the vacants are buildable. Who would buy them? Only good for immediate neighbors.

[drago408]

Petermar Dr, Vacant land (tender #T12-425) - Sold for $256,000 (2 bids)
Petermar Dr, Vacant land (tender #T12-426) - Sold for $256,000 (3 bids)
Petermar Dr, Vacant land (Tender#T12-427) - Sold for $256,000 (3 bids)
Highway 27, E/S, vacant land  - Sold for $18,501  (1 bid)
Highway 7, N/S, vacant land - Sold for $52,000  (4 bids)
Humber Bridge Trail, vacant land, - Sold for $120,000 (2 bids)

The rest were cancelled or had no bids.

What I want to know is who bids the exact same amount of money ($256,000) on 3 totally different pieces of vacant land?  He/she obviously did not do any research. 

[pjdd]

Petermar Dr, Vacant land (tender #T12-425) - Sold for $256,000 (2 bids)
Petermar Dr, Vacant land (tender #T12-426) - Sold for $256,000 (3 bids)
Petermar Dr, Vacant land (Tender#T12-427) - Sold for $256,000 (3 bids)
Highway 27, E/S, vacant land  - Sold for $18,501  (1 bid)
Highway 7, N/S, vacant land - Sold for $52,000  (4 bids)
Humber Bridge Trail, vacant land, - Sold for $120,000 (2 bids)

The rest were cancelled or had no bids.

What I want to know is who bids the exact same amount of money ($256,000) on 3 totally different pieces of vacant land?  He/she obviously did not do any research. 

I think we are all puzzled.... 3 bids same amount of money, sounds like a builder with lots of cash; maybe they did do their research. Its Woodbridge I guess anything can happen.
P.S. what's with the negative karma

[David1010]

There is a lot of new money wondering around complements of the stock market and family trusts (yes hard to believe).  Many willingly buy multi-million dollar new homes out of the gate.  A developer wouldn't have any issue at all with these kind of purchases.  Don't know these properties, but suppose only one was of any value, the other two could be used as buffering land to the neighbours.

Years ago my wife and I investigated a charming brick farm house, that appeared to be abandoned, not.  Was owned by a group of doctors.  They sat on that property (and surrounding land, assuming they didn't sell to another group) for nearly twenty years.  Its now all those malls on the south side and possible north side of hwy88 at Bradford.

[shah]

Petermar Dr, Vacant land (tender #T12-425) - Sold for $256,000 (2 bids)
Petermar Dr, Vacant land (tender #T12-426) - Sold for $256,000 (3 bids)
Petermar Dr, Vacant land (Tender#T12-427) - Sold for $256,000 (3 bids)
Highway 27, E/S, vacant land  - Sold for $18,501  (1 bid)
Humber Bridge Trail, vacant land, - Sold for $120,000 (2 bids)

All of above are EP lands. How is the value determined on these restricted non-buildable lands?

[ChrisCentral]

shah is correct - these lands are EP and there is a creek running through them - no way will they ever be built on - I suspect foolish bidding by someone - very foolish... unless each neighbour wanted to pay $256K to expand their own lot which I very highly doubt. Very silly; I wish the winner would voice their thoughts.

pjdd - here's a positive for you... happy Friday.

[pjdd]

Thanks ChrisCentral Thanks drago408 for the info... just wondering if you know what the other bids were? I love to know if any other bids were even close to 256,000...

[baller50]

Not sure what people are gonna do with any of those lots ...i only assume they think they can get the zoning changed

[drago408]

Petermar Dr, Vacant land (tender #T12-425) - Sold for $256,000 (2 bids)  2nd highest bid - $120,000
Petermar Dr, Vacant land (tender #T12-426) - Sold for $256,000 (3 bids)  2nd highest bid - $151,000
Petermar Dr, Vacant land (Tender#T12-427) - Sold for $256,000 (3 bids)   2nd hightst bid - $120,000

Not even close to 256k

[pjdd]

Thank's drago408 for the info...here is your first positive karma; again I am still puzzled over the results, this thread seems to be coming to a end... I guess we will all keep guessing what was the deal??