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Author Topic: Question on bidding.  (Read 112347 times)

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sonic

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Re: Question on bidding.
« Reply #15 on: July 14, 2008, 03:39:53 AM »
Quote from: Pmc on July 12, 2008, 04:35:26 AM
There are no municipal water and sewer services on Maple Dr.  I also read the by-law, properties are zoned R2 and will require 114 feet frontage.

Have you seen the property then?-  Is it forest tract land or has there been some development it?  why would the current owner give up on it and not pay the taxes
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Pmc

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Re: Question on bidding.
« Reply #16 on: July 15, 2008, 03:23:12 AM »
Hey,  went up to the two lots on Friday.  (North Bruce)

The larger lot has a realtors sign on it.  I couldn't find it on MLS, however, if I tried harder I'm sure I could find out how much it is/was going for.  That lot has a mix of trees and open areas.  It does not have a driveway into the property.  There is also a dirt lane beside it (west side) and a trailer park behind it.  This lot is close to HWY #6.

The smaller lot was harder to find/define because of the density of trees and no distinct fences or property boundaries.  I think the lot has a small open area surrounded by trees.  The lot appears to be a bit below street level and it also does not have a driveway into it.  This lot would be a little farther from HWY #6. 

I did not walk any of the properties, so this is what I saw from the road.  It appears that none of the 2 lots have ever had a structure on them.  About a mile east is Miller Lake, there are some nice cottages there and a couple of camping/cottage resorts.

Hope that helps all who are interested.
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Larry

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Re: Question on bidding.
« Reply #17 on: July 15, 2008, 01:05:19 PM »
That was great. Thank you.
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sonic

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Re: Question on bidding.
« Reply #18 on: July 15, 2008, 01:55:53 PM »
Quote from: Pmc on July 15, 2008, 03:23:12 AM
Hey,  went up to the two lots on Friday.  (North Bruce)

The larger lot has a realtors sign on it.  I couldn't find it on MLS, however, if I tried harder I'm sure I could find out how much it is/was going for.  That lot has a mix of trees and open areas.  It does not have a driveway into the property.  There is also a dirt lane beside it (west side) and a trailer park behind it.  This lot is close to HWY #6.

The smaller lot was harder to find/define because of the density of trees and no distinct fences or property boundaries.  I think the lot has a small open area surrounded by trees.  The lot appears to be a bit below street level and it also does not have a driveway into it.  This lot would be a little farther from HWY #6. 

I did not walk any of the properties, so this is what I saw from the road.  It appears that none of the 2 lots have ever had a structure on them.  About a mile east is Miller Lake, there are some nice cottages there and a couple of camping/cottage resorts.

Hope that helps all who are interested.

Good info - thanks - worth a blind bid on this??? i doubt the land is contaminated or anything like that, maybe the last owner wanted to get rid of the land because he didn't have funds to build on it, or maybe he doesn't have access to the lake, dunno - Timbr mart nearby - great info though - thanks
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Ian

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Re: Question on bidding.
« Reply #19 on: July 15, 2008, 03:55:59 PM »
Hi all, For anyone interested in properties in Bruce County, the county website maintains a pretty good GIS map.  It's worth a look and gives fairly detailed description of the ground cover etc.  You can zoom in on these two properties by search the tax roll numbers or Maple Drive.

http://brucecounty.on.ca:615/website/start.asp
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sonic

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Re: Question on bidding.
« Reply #20 on: July 15, 2008, 04:32:24 PM »
Quote from: Ian on July 15, 2008, 03:55:59 PM
Hi all, For anyone interested in properties in Bruce County, the county website maintains a pretty good GIS map.  It's worth a look and gives fairly detailed description of the ground cover etc.  You can zoom in on these two properties by search the tax roll numbers or Maple Drive.

http://brucecounty.on.ca:615/website/start.asp
what do you think these lots will go for?
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Ian

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Re: Question on bidding.
« Reply #21 on: July 16, 2008, 06:44:39 PM »
I can't say with any certainty; however, the two properties were assessed at 12,000 and 9,400 respectively for taxes.  That info is available from the county website.
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farrouk

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Re: Question on bidding.
« Reply #22 on: July 17, 2008, 03:43:14 AM »
I know the area and unless you are close to Miller Lake (walking distance) they won't fetch much. Plus too close to HWY #6. Lots in this area take years to sell. As someone stated there are many more interesting lots on MLS for reasonable prices. I love the area but I don't see much value here even at assessment price.
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sonic

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Re: Question on bidding.
« Reply #23 on: July 17, 2008, 04:17:34 AM »
Quote from: farrouk on July 17, 2008, 03:43:14 AM
I know the area and unless you are close to Miller Lake (walking distance) they won't fetch much. Plus too close to HWY #6. Lots in this area take years to sell. As someone stated there are many more interesting lots on MLS for reasonable prices. I love the area but I don't see much value here even at assessment price.

From the Bruce county website map that Ian provided and from PMC's description it loses it's appeal.  Like you said it is close to Hwy 6 for the larger lot (and not waterfront) but from that map  there's a campground behind it (or trailer park like PMC said) so might not be that private.  As for the smaller lot, it seems the county website map says the frontage is 100 ft, so it looks like it doesn't have the necessary frontage to get sewer/hydro services; that is unless the municpality brings it to Maple Drive in the future.
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Jayz

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Re: Question on bidding.
« Reply #24 on: July 17, 2008, 03:36:43 PM »
Quote from: sonic on July 17, 2008, 04:17:34 AM
As for the smaller lot, it seems the county website map says the frontage is 100 ft, so it looks like it doesn't have the necessary frontage to get sewer/hydro services; that is unless the municpality brings it to Maple Drive in the future.

If you notice 9 Maple Dr., the 2nd lot to the west, with the same lot size, has a single family dwelling on it, you know you should be able to get same services for this lot.
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Pmc

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Re: Question on bidding.
« Reply #25 on: July 17, 2008, 09:56:43 PM »
Here's some more info for all interested in the Maple Dr. properties.  I have heard that the 114' road frontage needed for a septic and building permit only pertains to new building lots and lots being severed.  Not lots that are already severed/established.  These lots have been around for quite a few years.  Apparently the 2 lots should have no problem getting permits.  There are currently 3 lots on that street that have buildings under construction. 


Remember:  do your homework, do appropriate searches and ask questions.  A great place for info is ontariotaxsales.ca

Also, this site is great for information, but we could all be bidding on the same properties.  We are competing against each other.  I will not be bidding on those 2 lots, otherwise I probably would not have given this much info.  Good luck to all that do bid.
« Last Edit: July 17, 2008, 10:04:46 PM by Pmc »
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Larry

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Re: Question on bidding.
« Reply #26 on: July 17, 2008, 10:47:37 PM »
Lucky, half the homework has been done: one lot close to highway, behind it there is a trailer park (by the way, how far behind?), the other lot is small; lots are not waterfront, so on, so forth. There is a lot for sale right on Maple Dr. on MLS. I think it is $14,000.
We shall see. There is the other half of the homework to be done, though.
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Pmc

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Re: Question on bidding.
« Reply #27 on: July 17, 2008, 11:34:07 PM »
That's what's so interesting about this site.  It helps with our investigating, or at least sometimes points out potential problems.  $14,000.00 eh?  It is a nice part of the province, with less the traffic than the Muskoka bound cottagers.
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Pmc

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Re: Question on bidding.
« Reply #28 on: July 26, 2008, 01:03:29 PM »
Well, how did it go? Anyone here bid on the North Bruce properties?  I haven't heard the results yet, any info?
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Larry

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Re: Question on bidding.
« Reply #29 on: July 27, 2008, 02:05:01 AM »
Lost this one. The bigger lot was really nice, I did not understand the "For sale'' sign on it. The campground was not quite at the back of the lot. Before that was another parcel and a dirt road. I called the real estate and they said the lot was for sale for $24,000. I did not ask any other questions, but it is questionable. I should have told the treasurer about this issue, as I put in my tender in person. The first bid was for mid 13,000 if I remember correctly, and the second around 11,000.
The smaller lot sold for around mid 8,000. Cannot remember the exact figures.
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