Sale of Land for Tax Arrears by Public Tender
municipal act, 2001
sale of land by public tender
ontario regulation 181/03
municipal tax sales rules
The Corporation of the Township of Edwardsburgh/Cardinal
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 September 4, 2019, at the Edwardsburgh/Cardinal Township Hall, 18 Centre Street, Spencerville Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Edwardsburgh/Cardinal Township Hall, 18 Centre Street, Spencerville.
Description of Land(s):
Roll No. 07 01 702 005 41101 0000; 614 King’s Highway 2, Cardinal; PIN 68151-0290 (LT); Lots 635, 637 PL 25 Cardinal and Part Lots 638 N/S Public Rd, 636, 634 Plan 25 Cardinal as in PR202651; S/T PR62689; Edwardsburgh/Cardinal; File No. 18-01
According to the last returned assessment roll, the assessed value of the land is $163,000.00
Minimum Tender Amount:
$69,148.90
Roll No. 07 01 701 040 00702 0000; PIN 68142-0352 (LT); Part Lot 24 Concession 6 Edwardsburgh as in PR193105; Edwardsburgh/Cardinal; File No. 18-02
According to the last returned assessment roll, the assessed value of the land is $58,000.00
Minimum Tender Amount:
$7,330.80
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
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:
Melanie Stubbs
Treasurer
The Corporation of the Township of Edwardsburgh/Cardinal
P.O. Box 129
18 Centre Street
Spencerville ON K0E 1X0
www.twpec.ca
(152-P223)