Electronic transfers

Call for tenders: Sale of land 452 Charleston Sdrd

Please note that tenders for the purchase of the land described below will be received until 3:00 p.m. local time on November 25, 2021 at the Town of Caledon Municipal Office, 6311 Old Church Road, Caledon Ontario .

Submissions will then be opened in public the same day as soon as possible after 3:00 p.m. at the Town of Caledon Municipal Office, 6311 Old Church Road, Caledon.

Public meeting
In light of the current COVID-19 public health orders, prohibiting large public gatherings and physical distancing requirements between people, this meeting will be held as an electronic meeting.

You are invited to attend a public meeting for the sale of land by public tender.

November 25, 2021 | 3 p.m.

Listen by phone

Phone number: 1-416-216-5643
Meeting access code: 2630 206 5441 #

View the meeting online

View online

Accessibility

If you require accessibility accommodations or to access information in another format, please contact Legislative Services staff at 905.584.2272 x.2366 or by email at [email protected]California. Requests must be submitted at least 10 days before the scheduled meeting.

Description of the land
Roll number 21 24 030 010 20900 0000; 452 Charleston Sideroad, Caledon; PIN 14273-0041 (LT); PT LT 16 CON 6 WHS CALEDON AS RO666923; CALEDON; File no 19-06 According to the last valuation roll returned, the assessed value of the land is $ 580,000 Minimum bid amount: $ 41,386.98.

Bids must be submitted in prescribed form and must be accompanied by a deposit of at least 20 percent of the amount of the bid, which deposit must be made by certified check / bank draft / money order. order of the municipality.

Except as follows, the municipality does not make any representation concerning the title or any other matter relating to the land for sale. The responsibility for verifying these questions rests with the potential buyers. The assessed value, according to the last valuation roll returned, may or may not be representative of the current market value of the property.

Transfers of properties in that jurisdiction that contain at least one and no more than six single-family residences and that are transferred to non-residents of Canada or to foreign entities are subject to the Non-Resident Speculation Tax (ISNR ) of the province.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules adopted under that act. The successful purchaser will be required to pay the amount tendered plus any accrued taxes and any taxes that may be applicable, such as land transfer tax and HST.

The municipality has no obligation to provide the vacant possession to the purchaser.

A copy of the prescribed tender form is available on the Government of Ontario’s Central Forms Repository website under the Ministry of Municipal Affairs listing.

Contact

For more information regarding this sale and a copy of the prescribed submission form, visit:

Revenue manager
The Corporation of the Town of Caledon
6311 Old Church Road
Caledon, ON
L7C 1J6
905-584-2272 x. 7750 | [email protected]

PLEASE NOTE: Taxed sales are not typical real estate transactions. If you are considering participating in a tax sale, it is strongly recommended that you seek independent legal advice from a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada. In addition, it is not permitted to enter a property that is advertised for tax sale. These are not typical real estate transactions. Entering property advertised for tax sale proceedings is considered trespassing.

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