December 28, 2013 Ontario Tax Sale Property Listings

Serving Tax Sales Investors Since 2005

MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF HURON–KINLOSS
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 February 5, 2014, at the Municipal Office, P.O. Box 130, 21 Queen Street, Ripley, ON N0G 2R0.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 21 Queen Street, Ripley.

Description of Land(s):
ROLL NO. 41 07 160 005 13700 0000, 172 SENECA ST, PIN 33329−0525(LT), PT LT 2−3, 12 PL 706 AS IN R109175, R51024; HURON−KINLOSS, FILE BEHK12-002-TT
Minimum Tender Amount: $26,003.36

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 (or board) and representing at least 20 per cent of the tender amount.

Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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.

The municipality has no obligation to provide vacant possession to the successful purchaser.

Note: H.S.T. may be payable by successful purchaser.

Tender packages will be available at the Municipal Office for $10.00 plus HST.

For further information regarding this sale and a copy of the prescribed form of tender contact:
Phyllis Hunter,
Taxation/Revenue Clerk
The Corporation of the Township of Huron–Kinloss
P.O. Box 130
21 Queen Street
Ripley, ON N0G 2R0
(519) 395-3735
www.huronkinloss.com

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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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A tax sale purchase in August 2019 with a tender of $22,432 turned into something remarkable. The property later sold on the open market for $892,000 in August 2020 and is now valued between $2 million and $3 million. It is an example of how the right tax sale opportunity can create long term potential for buyers who recognize hidden value early on.✅ To explore active listings, visit ontariotaxsales.ca. #ontariotaxsales #propertytaxsale #ontario ... See MoreSee Less
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