August 22, 2020 Ontario Tax Sale Property Listings

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MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF TYENDINAGA
TAKE NOTICE that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on September 17, 2020 at 859 Melrose Road, R.R.#1 Shannonville, ON K0K 3A0

Description of Land(s):
PT LT 10 CON 1 TYENDINAGA PT 3, 21R17794; TYENDINAGA; COUNTY OF HASTINGS
PIN 40554-0219(LT)
Municipally known as 832 Lazier Road, Shannonville, ON
Roll #1201 000 020 01105 0000
Minimum Tender Amount: $28,289.33

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.

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 made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax. And H.S.T., if applicable.

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:
Brad Roach, CAO
The Corporation of the Township of Tyendinaga,
859 Melrose Road, R.R.#1
Shannonville, ON K0K 3A0

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Every year Ontario municipalities offer hundreds of tax sale properties for sale for prices that are a fraction of market value. By law, municipalities do not have to get market value for the property

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