490 Warminster on Auction for Tax Arrears

Starting Bid: $20,556.40

Tenders are invited for the purchase of 490 Warminster Drive and will be received until 2 p.m. on Thursday, November 7, 2013. A public tender opening will be held on the same day at 3 p.m. at the Oakville Hydro Building, Redwood Cafeteria Meeting Room, following the closing of tenders.

Description of land(s):

Lot 5, Plan 725, Town of Oakville,
Regional Municipality of Halton
residential dwelling
municipally known as 490 Warminster Drive
Oakville L6L 4N3

Minimum tender

$20,556.40

Sale details

The sale is governed by the Municipal Act 2001, and the Municipal Tax Sales Rules made under that Act. Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order, bank draft or cheque certified by a bank, trust company or Province of Ontario Savings Office, payable to the Town of Oakville and representing at least 20 per cent of the tender amount.

The Town of Oakville makes no representation regarding the title to or any other matters relating to the land to be sold. Potential purchasers are advised the residential dwelling attached to the land appears to be in a poor state of repair.

Responsibility for ascertaining this and other matters rests solely with potential purchasers. The Town of Oakville has no obligation to provide vacant possession to the successful purchaser.

The successful purchaser will be required to pay the amount tendered plus accumulated realty taxes, the relevant land transfer tax and HST (where applicable).

All other inquiries regarding this sale should be directed to:

Erica Roberts
Manager of Revenue and Taxation
Financial Operations
905-845-6601, ext. 3055
eroberts@oakville.ca

Tender forms are available for purchase for $60 plus HST per tender package. Please note that the fee is non-refundable.

To purchase, please contact:

Town of Oakville Purchasing Department
Oakville Hydro Building
861 Redwood Square
Oakville, ON
L6L 4N3
Tel: 905-338-4197
Fax: 905-815-2019

Sealed tenders in the prescribed form must be addressed to:

Erica Roberts, (the Treasurer’s Designate)
c/o K. Dooling,
Manager of Purchasing and Risk Management
Town of Oakville Purchasing Department
861 Redwood Square
Oakville, ON L6L 4N3

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