18 Forest Street, Parry Sound, ON - Municipal Tax Sale

Specifications

Bidding

Sealed tender (minimum tender amount), opened in public after the close

As stated by the seller. Always confirm on the source listing before bidding.

Full Description

Ontario municipal tax sale: the Town of Parry Sound is selling this parcel by sealed public tender under the Municipal Act, 2001 because its property taxes went unpaid. Address: 18 Forest Street, Parry Sound, ON. PIN: 52116-0094. Assessment roll number: 493204000206100. Legal description (abbreviated): 18 Forest Street, Parry Sound, Ontario P2A 2P9 being PIN 52116-0094; PT PARKLT 4 E/S Forest St PL 21 PTS 3 & 4 42R10734, S/T PT 4 42R10734 as in RO132017, T/W… Assessed value on the last returned assessment roll: $149,000.00. Minimum tender amount: $29,352.26. Tenders close Wednesday, January 20, 2027 at 3:00 p.m. EST at the municipal office and are opened in public the same day. How it works: tenders go in on the province's prescribed form with a deposit of at least 20% of the amount offered (money order, bank draft or certified cheque). The winning bidder also pays the accumulated taxes and land transfer tax. The municipality makes no promise about title, condition or vacant possession, so check the parcel and its title before tendering. Non-Canadians are barred from buying residential property under the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act. The full notice (159-P382) and the tender package are on the Ontario Gazette page linked here and from the municipality.