Sale of Land by Public Tender - Nov. 7, 2024

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 Town of Caledon

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 November 7, 2024, at the Town of Caledon Municipal Office, 6311 Old Church Road, Caledon 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 of Caledon Municipal Office, 6311 Old Church Road, Caledon.

This meeting will be held virtually and in-person. Visit caledon.ca/taxsale to click on the meeting link or call into the meeting to listen to the proceedings at: Phone Number: 1-416-216-5643, Meeting Access Code: 2634 174 6952 # or attend in-person at the Town of Caledon Municipal Office, 6311 Old Church Road, Caledon Ontario. Please advise us if you require an accessibility accommodation to participate.

Description of Lands:

1. Roll No. 21 24 010 006 25214 0000; 3 ATCHISON DR., CALEDON; PIN 14336-1031 (LT); LOT 2, PLAN 43M1921; SUBJECT TO AN EASEMENT FOR ENTRY AS IN PR2465268; TOWN OF CALEDON; File No. 22-10

According to the last returned assessment roll, the assessed value of the land is $746,000

Minimum tender amount: $64,302.25        CANCELLED

2. Roll No. 21 24 010 007 05806 0000; MAYFIELD RD.; PIN 14348-0556 (LT); PART LOT 1 CONCESSION 2 ALBION AS IN AL13689 SAVE AND EXCEPT VS47016 PART 1, 2 & 3, PLAN 43R12449, AL19471, PART 2 & 3, PLAN 43R1688, VS296414, AL20749, AL21503, AL20126, AL21572, RO1011500, AL21787 & PART 1 & 2, PLAN 43R2384, PARTS 1, 2, EXPROPRIATION PLAN PR3546564; SUBJECT TO EXECUTION 94-05539, IF ENFORCEABLE.; CITY OF BRAMPTON; File No. 22-11

According to the last returned assessment roll, the assessed value of the land is $31,000

Minimum tender amount: $9,576.36

3. Roll No. 21 24 030 005 18801 0000; MCKENZIE ST.; PIN 14265-0151 (LT); PT LT 116 PL A95 CALEDON; PT LT 117 PL A95 CALEDON; PT LT 118 PL A95 CALEDON AS IN VS184145, FIRSTLY; CALEDON; File No. 22-18

According to the last returned assessment roll, the assessed value of the land is $323,000

Minimum tender amount: $36,764.80

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, 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 and/or caledon.ca/taxsale

or if no internet access available, contact:

Tanya Baird
Senior Clerk, Revenue Finance Department
The Corporation of the Town of Caledon
6311 Old Church Road
Caledon ON L7C 1J6
905-584-2272 extension 4110
finance@caledon.ca