The Municipality posts available properties for sale through the public tender process in accordance with the Municipal Act. Listings include property details, minimum tender requirements, and submission deadlines. Interested parties are encouraged to review all documents carefully before submitting a tender.<\/p>\n\n\n\n
SALE OF LAND BY PUBLIC TENDER<\/p>\n\n\n\n
<\/a>The Corporation of the Municipality of <\/a>Markstay-Warren<\/strong><\/p>\n\n\n\n Take Notice<\/strong> that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on <\/a>September 2, 2026, at the Markstay-Warren Municipal Office<\/a>, <\/a>21 Main Street S., Markstay, Ontario.<\/p>\n\n\n\n The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the <\/a>Markstay-Warren Municipal Office, <\/a>21 Main Street S., Markstay.<\/p>\n\n\n\n Description of Lands:<\/strong><\/p>\n\n\n\n 1. Roll No. 52 08 000 003 00705 0000; HIGHWAY 539, MARKSTAY-WARREN; PIN 73486-0240 (LT); PCL 38697 SEC SES; PT LT 2 CON 1 RATTER PT 3 53R8978; S\/T LT339386; MARKSTAY-WARREN; File No. 24-08<\/p>\n\n\n\n According to the last returned assessment roll, the assessed value of the land is $16,900<\/p>\n\n\n\n Minimum tender amount: $<\/strong>10,038.44<\/strong><\/strong><\/p>\n\n\n\n 2. Roll No. 52 08 000 004 07150 0000; 379 CHAMBERLIN RD., MARKSTAY; PIN 73484-0525 (LT); PT S 1\/2 LT 10 CON 1 HAGAR BEING PTS 1 & 2 53R17752; S\/T EASEMENT OVER PT 2 53R17752 AS IN LT43656; MARKSTAY-WARREN; File No. 24-15<\/p>\n\n\n\n According to the last returned assessment roll, the assessed value of the land is $210,000<\/p>\n\n\n\n Minimum tender amount: $<\/strong>44,809.60<\/strong><\/strong><\/p>\n\n\n\n 3. Roll No. 52 08 000 003 14000 0000; 966 MUNRO RD., WARREN; PIN 73486-0199 (LT); PCL 1668 SEC SES; S 1\/2 LT 2 CON 6 RATTER; MARKSTAY-WARREN; File No. 24-17<\/p>\n\n\n\n According to the last returned assessment roll, the assessed value of the land is $50,000<\/p>\n\n\n\n Minimum tender amount: $<\/strong>10,588.39<\/strong><\/strong><\/p>\n\n\n\n 4. Roll No. 52 08 000 004 27200 0000; 3 PIONEER ST. W, MARKSTAY; PIN 73484-0101 (LT); PCL 46794 SEC SES; PT LT 13 CON 3 HAGAR PT 1 TO 3 53R10239; MARKSTAY-WARREN; File No. 24-23<\/p>\n\n\n\n According to the last returned assessment roll, the assessed value of the land is $29,200 Commercial<\/p>\n\n\n\n $154,800 Residential<\/p>\n\n\n\n Minimum tender amount: $26,986.72<\/strong><\/p>\n\n\n\n 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.<\/p>\n\n\n\n Except as follows, the municipality makes no representation regarding the title to, <\/strong>availability of road access <\/strong>or any other matters <\/strong>relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value, <\/strong>according to the last returned assessment roll,<\/strong> may or may not be representative of the current market value of the property.<\/strong><\/p>\n\n\n\n Pursuant to the Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the \u201cAct\u201d), 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<\/p>\n\n\n\n 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. This sale is governed by the Municipal Act, 2001<\/em> 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.<\/p>\n\n\n\n TAKE NOTICE: Where a refund is claimed by a qualifying first-time Homebuyer under the Land Transfer Tax Act, the Municipality requires the purchaser to retain legal counsel to complete the transfer.<\/p>\n\n\n\n The municipality has no obligation to provide vacant possession to the successful purchaser.<\/p>\n\n\n\n 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.<\/p>\n\n\n\n For further information regarding this sale and a copy of the prescribed form of tender, visit:<\/p>\n\n\n\n www.OntarioTaxSales.ca<\/u><\/strong><\/strong><\/p>\n\n\n\n or if no internet access available, contact:<\/p>\n\n\n\n
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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\u2019s Non-Resident Speculation Tax (NRST).<\/p>\n\n\n\n