Sale of Land for Tax Arrears by Public Tender
municipal act, 2001
sale of land by public tender
The Corporation of the City of London
take notice that tenders are invited for the purchase of the lands described below and will be accepted if sealed in an envelope and clearly marked with the PIN (Property Identification Number) and the Roll Number of the property for which the tender is submitted. A separate tender must be submitted for each property.
Tenders will be received only at City Hall Tax Kiosk, City of London Lobby until 3:00 p.m. local time on Thursday, February 2, 2023. The tenders will be opened in public at Committee Room # 5, 2nd floor, City Hall on the same day immediately following the 3:00 p.m. deadline.
Description of Land: 1
Pt Lot 74, Plan 19 as described in Instrument No. 646314, City of London, County of Middlesex
PIN: 08108-0004 (LT)
Municipal Address: 1661 Oxford St. E., London, ON N5V 2Z5
Roll No.: 39 36 030-280-015-00-0000
Minimum Tender Amount:
$300,182.98
The sale of these properties is subject to cancellation up to the time of the tender opening without any further notice.
The Minimum Tender amount represents the cancellation price as of the first day of advertising.
Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least 20 per cent of the tender amount.
The municipality makes no representation regarding the title or any other matters relating to the land to be sold, including but not limited to the potential existence of environmental contamination, estates and interests of the federal or provincial governments or their agencies, easements and restrictive covenants, and interests acquired by adverse possession. 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 made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, penalties and interest, GST/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 and a copy of the prescribed form of tender contact the following staff:
Supervisor - Tax Collections
Email: klacours@london.ca
The Corporation of the City of London
Tax Sale Section
City Tax Office, Room 407
300 Dufferin Ave
London ON N6B 1Z2
(156-P008)