Sale of Land by Public Auction
Municipal Act, 2001
Sale Of Land By Public Auction
The Corporation Of The City Of Markham
Take Notice that the land described below will be offered for sale by public auction at 10 a.m. local time on the 3rd day of December, 2015 at the City of Markham Municipal Office, 101 Town Centre Blvd., Markham.
Description of Land(s):
Roll No. 19 36 010 021 11200 0000; 116 Clark Ave N/S, Markham; PIN 03022-0149(Lt); Lot 53 Registrar's Compiled Plan 9767 Markham; S/T Ma48808; City of Markham; File No. 13-78
Minimum Bid: $44,961.69
All amounts payable by the successful purchaser shall be payable in full at the time of the sale by cash or money order or by a bank draft or cheque certified by a bank or trust corporation.
Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules. The successful purchaser will be required to pay the amount bid plus accumulated taxes, HST if applicable and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
For further information regarding this sale, contact: www.markham.ca or if no internet access available, contact:
Miranda Miluzzi
Manager of Tax and Cash Management
The Corporation of the City of Markham
101 Town Centre Blvd.
Markham ON L3R 9W3
(905) 477-7000 ext. 4726
mmiluzzi@markham.ca
Please Note:
Tax Sales are not typical real estate transactions. If you are considering participating in a tax sale, it is highly recommended that you seek independent legal advice from a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada.
In addition, it is not permitted to enter upon a property that is advertised for tax sale. These are not typical real estate transactions. Entering upon a property advertised for tax sale proceedings is considered to be trespassing.
(148-P345)