RESULTS OF SALE OF LAND BY PUBLIC TENDER
8646 Champlain Dr
Tax Sale held Thursday, June 27
Winning Bid: $397,000
Further information will be provided once deed is Registered.
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 City of Niagara Falls
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 27, 2024, at the MacBain Community Centre, 7150 Montrose Road, 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 MacBain Community Centre, 7150 Montrose Rd, Niagara Falls, Ontario
Description of Lands:
- Roll No. 27 25 020 003 06600 0000; 5059 PALMER AVE., NIAGARA FALLS; PIN 64342-0445 (LT); LT 17 PL 285 TOWN OF NIAGARA FALLS; LT 18 PL 285 TOWN OF NIAGARA FALLS; LT 19 PL 285 TOWN OF NIAGARA FALLS; LT 20 PL 285 TOWN OF NIAGARA FALLS; LT 21 PL 285 TOWN OF NIAGARA FALLS; NIAGARA FALLS; File No. 22-10
According to the last returned assessment roll, the assessed value of the land is $344,000
Minimum tender amount: $102,741.53 - View Map CANCELLED
- Roll No. 27 25 120 006 05700 0000; 8646 CHAMPLAIN DR., NIAGARA FALLS; PIN's 64385-0233 (LT) & 64385-0312 (LT); FIRSTLY: LT 145 PL 261 VILLAGE OF CHIPPAWA; SECONDLY: PT LT 21 CON 2 WILLOUGHBY; PT LT 22 CON 2 WILLOUGHBY AS IN AA63164 LYING BTN THE ELY PRODUCTION OF THE NLY LIMIT OF LT 145 PL 261 & THE ELY PRODUCTION OF THE SLY LIMIT OF LT 145 PL 261; NIAGARA FALLS; File No. 22-12
According to the last returned assessment roll, the assessed value of the land is $229,000
Minimum tender amount: $27,405.60 - View Map
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 or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. 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:
For further information, please contact:
Anthony Scaringi
Tax Collections and Appeals Officer
The Corporation of the City of Niagara Falls
4310 Queen Street
P.O. Box 1023
Niagara Falls ON L2E 6X5
(905) 356-7521 Ext. 4302
www.niagarafalls.ca/taxsales
RESULTS OF SALE OF LAND BY PUBLIC TENDER
Pursuant to Municipal Tax Sale Rules Section 5(4)
The following are the results of the sale of land by public tender, which took place on April 27, 2023 at 3:00 p.m.
Submitted tenders were opened in a session open to the public at
3:15 p.m. at Gale Centre Memorial Room, 5152 Thorold Stone Rd, Niagara Falls, Ontario.
Description of Lands
Roll No. 27 25 130 001 15400 0000; SS SAUER RD.; PIN 64251-0032 (LT); PT LT 4 CON 3 WILLOUGHBY AS IN RO280458; NIAGARA FALLS; File No. 21-11
According to the last returned assessment roll, the assessed value of the land is $187,000
Minimum tender amount: $20,038.76 - View Map
Tenders were to be submitted in the prescribed form and were to be accompanied by a deposit of at least 20 percent of the tender amount, made by way of a certified cheque, bank draft, or money order payable to the municipality
Results pertaining to the successful tenderer are as follows
- The successful tenderer submitted a bid of: $828,888.88
- Bid was submitted with a deposit of: $165,777.79
- Name of successful tenderer: 2258544 Ontario Inc.
- The legal transfer of lands was completed on May 4, 2023.
This sale was governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser was required to pay the amount tendered plus accumulated taxes and any taxes that may be applicable, such as a land transfer tax and HST.
For further information, please contact:
Anthony Scaringi
Tax Collections and Appeals Officer
The Corporation of the City of Niagara Falls
4310 Queen Street
P.O. Box 1023
Niagara Falls ON L2E 6X5
(905) 356-7521 Ext. 4302
www.niagarafalls.ca/taxsales
