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FORM 6
MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF OWEN SOUND
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 Thursday, March 8, 2018, at the City Hall, 945 3rd Ave. E., Suite 220, Rm #3, Owen Sound, Ontario N4K 2K8.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the City Hall, 945 3rd Ave. E., Suite 220, Rm #3, Owen Sound.

Description of Lands:

Showcased Property

260 8th Street E.

Tax Sale Date: March 08, 2018
Minimum Tender Amount: $139,925.78

ROLL NO. 42 59 040 030 06200 0000, 260 8TH ST E, PIN 37073-0069 LT, PT LT 12 W/S SCROPE ST PL OWEN SOUND AS IN R439945; T/W R439945; DESCRIPTION MAY NOT BE ACCEPTABLE IN FUTURE AS IN R439945; OWEN SOUND, FILE GYOS15-030-TT
Minimum Tender Amount: $139,925.78

Picture
Tri-Target Inc. and the Municipality make NO warranties regarding the accuracy of this photo.
Photographs are provided as a courtesy ONLY and may not be an accurate representation of the property at this time. The property boundary lines may not be displayed correctly & may not be exact.

*Photos and maps are for information purposes only and are not to be considered legal representations of the property. Legal survey of the property is the sole responsibility of the potential purchaser.

*




Please Note: The above Google Maps and Google Street View location is approximated ONLY, and may not be exact.


Basic Property Details

Municipality
City of Owen Sound
Region
County of Grey
Municipal Address
260 8th St., E., Owen Sound
Assessment Roll No.
42 59 040 030 06200 0000
Property Identification No.
37073-0069 (LT)
Municipal File No.
GYOS15-030-TT
Minimum Tender Amount
$139,925.78
Closing Date
March 8, 2018
Legal Description
PT LT 12 W/S SCROPE ST PL OWEN SOUND AS IN R439945; T/W R439945; DESCRIPTION MAY NOT BE ACCEPTABLE IN FUTURE AS IN R439945; OWEN SOUND

Advanced Property Details

Approximate Property Size
Frontage – 42 Ft. Depth – 107 Ft.
Municipal Assessment Value
$240,000
Annual Property Taxes
$9,034.98
Is there a House on the Property?
2 Apartments
Are there any Other Structures on the Property?
No
Is this a Waterfront or Riverfront Property?
No
Is this Property Abutting any Crown Land?
No
What is the Closest Major Intersection?
3rd Ave. E. & 8th St. E.
Are there any Nearby Amenities?
Yes

Building & Planning Details

Municipal Zoning Code
C1, 14.84
Zoning Code Description
Core Commercial with Special Provision
Can the Property be Re-Zoned?
Contact Building & Planning
Are there any Municipal Services Available at the Property?
Yes
Is the Property Land Locked?
No

Building & Planning Contact Information

Name
Margaret Potter
Title
Assistant Planner
Telephone
519-376-4440 Ext. 1232

Purchase a Title Search Report for this Property


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Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality (or board) and representing at least 20 per cent of the tender amount.

Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. Responsibility for ascertaining these matters rests with the potential purchasers.

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 the relevant land transfer tax.

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

H.S.T. may be payable by the successful purchaser.


For further information regarding this sale and a copy of the prescribed form of tender contact:


www.Tri-Target.com | Ontario's Tax Sale Community

Info@Tri-Target.com

or if no internet access available, contact:

Tracy Johnson, Deputy Treasurer/Tax Collector
The Corporation of the City of Owen Sound
945 3rd Ave. E.
Suite 220, Rm #3
Owen Sound, ON N4K 2K8
Tel: (519) 376-4440 Ext. 1248
Web:
www.owensound.ca or bids.owensound.ca










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