Sale of Land by Public Tender

Form 6
SALE OF LAND BY PUBLIC TENDER
Municipal Act, 2001
Ontario Regulation 181/03, Municipal Tax Sale Rules
 SALE OF LAND BY PUBLIC TENDER
The Corporation of the Municipality of Wawa

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 October 19, 2022, at the Town Hall, 40 Broadway Avenue, Wawa Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town Hall, 40 Broadway Avenue, Wawa.

Description of Lands:

1. Roll No. 57 76 000 002 22500 0000; 31 Mackey St., Wawa; PIN's 31169-1270 (LT), 31169-0991 (LT) and 31169-0996 (LT); FIRSTLY: PCL 529 SEC MICH; PT LT 1034 PL M131 MCMURRAY AS IN LT42278; MICHIPICOTEN; SECONDLY:  PCL 68 SEC MICH SRO; LT 1035 PL M131 MCMURRAY; LT 1034 PL M131 MCMURRAY EXCEPT LT42278; MICHIPICOTEN; THIRDLY:  PCL 91 SEC MICH SRO; LT 1036 PL M131 MCMURRAY EXCEPT LT44546; MICHIPICOTEN; File 18-10

According to the last returned assessment roll, the assessed value of the land is $18,500

Minimum tender amount: $63,055.74

2. Roll No. 57 76 000 001 06300 0000; 16 BROADWAY AVE., WAWA; PIN 31169-0227 (LT); PCL 24 SEC AWS; LT 94 PL M27 MCMURRAY; MICHIPICOTEN; File 21-01

According to the last returned assessment roll, the assessed value of the land is $72,000

Minimum tender amount: $55,573.97

3. Roll No. 57 76 000 002 22600 0000; 33 MACKEY ST., WAWA; PIN 31169-1321 (LT); PCL 586 SEC MICH SRO; PT LT 1036 PL M131 MCMURRAY AS IN LT44546; MICHIPICOTEN; File 21-03

According to the last returned assessment roll, the assessed value of the land is $68,000

Minimum tender amount: $15,478.11

4. Roll No. 57 76 000 003 11400 0000; 4 HILLCREST AVE, WAWA; PIN 31169-1810 (LT); PCL 1118 SEC MICH SRO; LT 1227 PL M132 MCMURRAY; MICHIPICOTEN; File 21-05

According to the last returned assessment roll, the assessed value of the land is $80,000

Minimum tender amount: $15,104.96

5. Roll No. 57 76 000 007 18700 0000; HIGHWAY 17 N; PIN 31170-0121 (LT); PCL 11600 SEC AWS; LOCATION EQ168 LENDRUM; MICHIPICOTEN; File 21-09

According to the last returned assessment roll, the assessed value of the land is $13,200

Minimum tender amount: $23,280.70

6. Roll No. 57 76 000 002 22300 0000; 25 MACKEY ST., WAWA; PIN 31169-1155 (LT); PCL 324 SEC MICH SRO; PT LT 1015 PL M131 MCMURRAY PT 2 AR70; S/T DEBTS IF ANY IN LT79972; MICHIPICOTEN; File 21-14

According to the last returned assessment roll, the assessed value of the land is $58,000

Minimum tender amount: $45,553.27

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 to the lands to be sold, including any interests of the Federal or Provincial Crown that continue to encumber the land after the registration of the tax deed, or any other matters relating to the lands 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.

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

or if no internet access available, contact: