May 7, 2011 Ontario Tax Sale Property Listings

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Leeds And The Thousand IslandsOrillia

MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
The Corporation of the Township of Leeds And The Thousand Islands
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 2 June 2011, at the Municipal Office, 1233 Prince Street, P.O. Box 280, Lansdowne, Ontario K0E 1L0.

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, 1233 Prince Street, Lansdowne.

Description of Lands:
Roll No. 08 12 812 025 27200 0000; PIN 44216-0271(LT) Part of Lot 24, Concession 1 Lansdowne designated Part 1 on 28R-13386 Leeds/Thousand Islands. File 09-02
Minimum Tender Amount: $ 13,217.17

Description of Lands:
Roll No. 08 12 809 010 16707 0000; Island Club, Rockport; PIN 44217-0145(LT) Club or Comberemere Island Lot 1 Plan 120 in the St. Lawrence River in front of the Township of Escott except Part 1 28R2701, Part 1 & 2 28R3789, Part 1 & 2 28R4823, Part 1 28R10249, LR157153, LR177820, LR193490, LR350122; Leeds/Thousand Islands. File 09-03
Minimum Tender Amount: $ 7,617.12

Description of Lands:
Roll No. 08 12 812 025 08019 0000; PIN 44299-0153(LT); Lot 14 Plan 409; Leeds/Thousand Islands. File 09-12
Minimum Tender Amount: $ 7,701.60

Description of Lands:
Roll No. 08 12 812 025 24419 0000; PIN 44219-0222(LT); Block 19 Plan 362; Leeds/Thousand Islands. File 09-13
Minimum Tender Amount: $ 7,644.11

Description of Lands:
Roll No. 08 12 812 025 25300 0000; 74 Selton School Rd. Lansdowne; PIN 44219-0234(LT) Part Lot 22 Concession 1 Lansdowne as in LR100411; S/T interest of LR367728; Leeds/Thousand Islands. File 09-14
Minimum Tender Amount: $ 8,335.08

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 lands 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.

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

Note: HST may be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender visit www.OntarioTaxSales.ca

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MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
The Corporation of the City of Orillia
Take Notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on 2 June 2011, at the Municipal Office, Orillia City Centre, 50 Andrew St. South, Suite 300, Orillia, Ontario L3V 7T5.

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, Orillia City Centre, 50 Andrew St. South, Suite 300.

Description of Lands:
Roll No. 43 52 030 313 04900 0000; 16 Alexander Dr. Orillia; PIN 58575-0065(LT) Part Lot 5 Concession 4 South Orillia as in SC179126; Orillia. File 09-17
Minimum Tender Amount: $ 22,311.00

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.

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

Note: HST may be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:
Mr. Bob Ripley, Treasurer
The Corporation of the City of Orillia
Orillia City Centre
50 Andrew St. South, Suite 300,
Orillia, Ontario L3V 7T5
(705) 329-7242
www.orillia.ca

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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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