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Sale of Land Public Tender 62 Ottawa Ave.

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 VILLAGE OF SOUTH RIVER
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 June 17, 2021, at the Municipal Office, 63 Marie St., South
River Ontario.
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, 63 Marie St., South River adhering to the current COVID restrictions the province
has in place on that date. The opening of the submitted tenders will also be available virtually using
Google Meet. Join the meeting on your computer or mobile app by visiting Video call link:
https://meet.google.com/sum-bgym-hzj to access the meeting by phone dial 1-866-305-1460 and
Conference ID: 2828803.
Description of Land:
Roll No. 49 56 000 001 21800 0000; 62 Ottawa Ave., South River; PIN 52058-0465(LT); LT 16 N/S
OTTAWA AV PL 48; SOUTH RIVER; File No.19-01
According to the last returned assessment roll, the assessed value of the land is $70,000.
Minimum tender amount: $16,804.94
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 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.
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.
Tender packages can be purchased for $10 directly from the Municipality. For further information
regarding this sale and a copy of the prescribed form of tender contact:
Sherri Hawthorne, Treasurer
The Corporation of the Village of South River
63 Marie St., P.O. Box 310 South River ON P0A 1X0
705-386-2573 www.southriver.ca

 

Location of 62 Ottawa Ave


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