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 June 20, 2018, at the Niagara Falls City Hall, 4310 Queen Street, Niagara Falls Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Niagara Falls City Hall, 4310 Queen Street, Niagara Falls.
Description of Lands
Roll No. 27 25 070 003 04700 0000; 5697 Dunn St., Niagara Falls; PIN 64351-0084 (LT); Part Lot 3 Plan 36 Stamford as in RO372634 except for the easement therein; Niagara Falls; subject to execution 94-04839, if enforceable; File No. 17-01 - Minimum Tender Amount: $ 23,391.38 - View Map
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 and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to, crown interests, environmental concerns or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
Transfers of properties in this jurisdiction 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, HST if applicable and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
For further information regarding tax sales and a copy of the prescribed form of tender, contact Ontario Tax Sales OR:
Coordinator of Tax
The Corporation of the City of Niagara Falls
4310 Queen Street
P.O. Box 1023
Niagara Falls, Ontario L2E 6X5
(905) 356-7521 Ext. 4302