Upcoming Ontario Tax Sales

Serving Tax Sales Investors Since 2005

Tax Sales Property Listings in

Grey Highlands

TAX SALE CANCELLED BY THE MUNICIPALITY - 21-23 Argyle St, Markdale

Minimum Tender Amount:
$39,326.50

File Number:
Grey Highlands 2024-08-14 22-41

44.318019, -80.649768

There are 3 aerial photos of this property. The aerial photos were taken in the Spring of 2015. The boundary may not line up exactly with the photo and it may not be a current representation of the structures (if any) as shown in the image. Photographs are for convenience only. Neither the municipality nor Ontario Tax Sales Inc. can guarantee their accuracy.

Gygh22 41p wpcf 400x300 stretched | property photo | ontario tax sales

Municipal Act, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF GREY HIGHLANDS

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 August 14, 2024, at the Grey Highlands Municipal Office, 206 Toronto St. S. Markdale Ontario.

The tenders will then be opened in public and virtually on the same day as soon as possible after 3:00 p.m. at the Grey Highlands Municipal Office, 206 Toronto St. S., Markdale.
Submitted tenders will be opened via Zoom. Join Zoom Meeting by clicking the link below:
www.greyhighlands.ca/taxes for meeting link and additional information.

Description of Land:
TAX SALE CANCELLED BY THE MUNICIPALITY Roll No. 42 08 240 001 12900 0000; 21-23 ARGYLE ST., MARKDALE; PIN 37235-0111 (LT); PT LT 11 BLK F PL 582 MARKDALE AS IN GS76044; GREY HIGHLANDS; File No. 22-41
According to the last returned assessment roll, the assessed value of the land is $180,000
Minimum tender amount: $39,326.50


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, crown interests or any other matters relating to the land 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.

Pursuant to the Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the “Act”), effective January 1, 2023, it is prohibited for a non-Canadian to purchase, directly or indirectly, any residential property, as those terms are defined in the legislation. Contraventions of the Act
are punishable by a fine, and offending purchasers may be ordered to sell the residential property.

The municipality assumes no responsibility whatsoever for ensuring bidders/tenderers comply with the Act, and makes no representations regarding same. Prospective bidders/tenderers are solely responsible for ensuring compliance with the Act and are advised to seek legal advice before participating in this sale.

Transfers of properties that contain at least one and not more than six single family residences and are transferred to non-residents of Canada or foreign entities, are subject to the Province’s Non-Resident Speculation Tax (NRST).

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

Ontario tax sales icon

Tax Sales Results

About new listings, results, cancellations, and more.

Ontario tax sales icon

Twitter

Be the First To Know

Load More

Surplus property

CLICK HERE

To view surplus property.ca for Ontario Municipal Properties