Sale of Land by Public Tender
SALE OF LAND BY PUBLIC TENDER
Municipal Act, 2001
Ontario Regulation 181/03, Municipal Tax Sale Rules
The Corporation of the Township of Muskoka Lakes
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 November 21, 2024, at the Township of Muskoka Lakes Municipal Office, 1 Bailey Street, Port Carling Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of Muskoka Lakes Municipal Office, 1 Bailey Street, Port Carling.
Description of Lands:
1. Roll No. 44 53 010 006 10900 0000; MUSKOKA LAKES; PIN 48130-0139 (LT); LT 32 CON 12 CARDWELL EXCEPT PT 1 RD1060 & PT 1 35R19250; MUSKOKA LAKES; File No. 22-01
According to the last returned assessment roll, the assessed value of the land is $90,000
Minimum tender amount: $9,915.65
2. Roll No. 44 53 020 020 06001 0000; 1024 LAKEVIEW RD., UTTERSON; PIN 48133-0128 (LT); PCL 26415 SEC MUSKOKA; PT LT 8 PL M170 WATT PT 1 35R3760; MUSKOKA LAKES; THE DISTRICT MUNICIPALITY OF MUSKOKA; File No. 22-04
According to the last returned assessment roll, the assessed value of the land is $99,000
Minimum tender amount: $11,300.00
3. Roll No. 44 53 040 024 02300 0000; 1 IS SUGARLOAF J29, MACTIER; PIN 48144-0232 (LT); PT ROSEISLE ISLAND OR ROSE ISLAND IN LAKE JOSEPH (ALSO KNOWN AS SUGARLOAF ISLAND) MEDORA PT 1 35R17376; MUSKOKA LAKES; File No. 22-05
According to the last returned assessment roll, the assessed value of the land is $1,867,000
Minimum tender amount: $93,104.66
4. Roll No. 44 53 060 010 04100 0000; KANIENKEHAKA IOHATATIE; PIN 48028-0031 (LT); PCL 19165 SEC MUSKOKA; PT LT 46 CON 8 WOOD EXCEPT LT11000 & PT 1 & 2 EXPROP PL LT44502; S/T LT10558; MUSKOKA LAKES; SUBJECT TO AN EASEMENT OVER PART LOT 46 CONCESSION 8 WOOD, PART 1, 35R24856 AS IN MT204421; TOWNSHIP OF MUSKOKA LAKES; File No. 22-07
According to the last returned assessment roll, the assessed value of the land is $91,000
Minimum tender amount: $10,261.20
5. Roll No. 44 53 060 013 01600 0000; MUSKOKA LAKES; PIN 48152-0035 (LT); PCL 6187 SEC MUSKOKA; PT LT 2 CON 3 MEDORA AS IN LT12183; MUSKOKA LAKES; THE DISTRICT MUNICIPALITY OF MUSKOKA; File No. 22-09
According to the last returned assessment roll, the assessed value of the land is $143,000
Minimum tender amount: $12,471.92
6.TAX SALE CANCELLED: Roll No. 44 53 060 011 05403 0000; 1334 MOON RIVER RD., BALA; PIN'S 48153-0238 (LT) & 48153-0239 (LT); FIRSTLY: PT LT 8 CON E MEDORA AS IN LT16889 LYING N OF THE MOON RIVER ROAD AND S & W OF THE CANADIAN PACIFIC RAILWAY; MUSKOKA LAKES; THE DISTRICT MUNICIPALITY OF MUSKOKA; SECONDLY: PT LT 8 CON E MEDORA AS IN LT16889 LYING N & E OF THE CANADIAN PACIFIC RAILWAY; MUSKOKA LAKES; THE DISTRICT MUNICIPALITY OF MUSKOKA; File No. 22-26
According to the last returned assessment roll, the assessed value of the land is $162,000
Minimum tender amount: $15,038.87
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, crown interests, availability of road access, or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed. 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
or if no internet access available, contact:
Tina Forsyth |
Manager of Taxation |
The Corporation of the Township of Muskoka Lakes |
1 Bailey Street P.O. Box 129 Port Carling ON P0B 1J0 |
705-765-3156 Ext. 220 |
|
Contact Us