News & Public Notices
Sale of Land by Public Tender
September 24, 2019 -
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 October 23, 2019, at the Kingston City Hall, City Hall, 216 Ontario Street, Kingston Ontario
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Kingston City Hall, City Hall, 216 Ontario Street, Kingston.
Description of Lands
Roll No. 10 11 040 010 03600 0000; 819 1/2 Montreal St., Kingston; PIN 36001-0028 (LT); Part Farm Lot 4 Concession West Great Cataraqui River Kingston designated Part 1 Plan 13R5613 except Part 2 Plan 13R12162; Kingston; The County of Frontenac; File No. 17-25
- According to the last returned assessment roll, the assessed value of the land is $143,000
- Minimum tender amount: $17,694.07
Roll No. 10 11 040 130 16800 0000; 1121 Montreal St., Kingston; PIN 36000-0358 (LT); Part Lots 2-3, Plan 334, designated Part 1 Plan 13R8628; S/T FR108512, FR114171; Kingston; subject to executions 94-018609, 94-018610, 94-018666, 94-019017, 94-019152, 94-019157, 94-019208, 94-019482, 95-000733, if enforceable; File No. 17-27
- According to the last returned assessment roll, the assessed value of the land is $126,000
- Minimum tender amount: $20,910.93
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 the lands, environmental concerns, 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.
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:
Manager of Taxation & Revenue
The Corporation of the City of Kingston
216 Ontario Street
Kingston ON K7L 2Z3
613-546-4291 Ext. 2484