Tax Sale Properties
If a property owner fails to pay their property taxes for an extended period, Township of Severn, under the Municipal Act, can place the property up for sale. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and any taxes that may apply, such as a relevant land transfer tax and HST.
Properties for sale
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FAQ
Review some frequently asked questions.
What is a property tax sale? |
A property tax sale is the process followed by a municipality to recover unpaid property taxes through the sale of the property. Properties become eligible for tax sale once they are two years in arrears. Tax sales are governed by the Municipal Act, 2001 and Ontario Regulation 181/03 Municipal Tax Sales Rules made under that Act. |
Can I visit a parcel or property that is for tax sale? |
No, entering onto a property advertised for tax sale is trespassing. The Township does not own the property, and the current property owner on title may still be residing on the property. |
Where can I find more information about the permitted use(s) of the property? |
Please refer to our Zoning By-law and our Official Plan for a full list of permitted uses, setbacks, and other regulations. Contact the Planning department with questions on zoning or land use. |
Is there a deposit that must be made at the time of submitting a tender? |
A deposit of at least 20 per cent of the tender bid amount is to be submitted with the tender. Deposits must be in the form of a money order, bank draft or cheque certified by a bank or trust corporation. The deposit should be made payable to the "Township of Severn". Cash is not accepted and will result in the tender being rejected. |
How do I submit the tender package? |
Your tender must be submitted in a sealed envelope, addressed to the Director of Finance/Treasurer. Please use the pre-addressed envelope provided in the tender package to submit any bids. You can submit your tender in person at our Administration Office (1024 Hurlwood Lane, Severn), or by mail or courier. Your tender must be received on or before the time and date indicated in the notice of tax sale (insert link to notice). If your tender is received late, it will be rejected. Rejected tenders will be returned following the tender closing date. |
Can I submit tenders for more than one parcel or property? |
Yes, you can submit bids on more than one parcel or property. You will need to submit the separate bids in separate bid envelopes for each parcel or property. Any combined bids in one envelope will be rejected. |
Can I withdraw a tender after I have submitted it? |
A tender can be withdrawn if the tenderer's written request to have the tender withdrawn is received by the Director of Finance/Treasurer before 3:00 p.m. local time on the closing date. The envelope containing a withdrawn tender will be opened at the time of the opening of the sealed envelopes. |
What happens if I don't have the highest tender? |
We'll return all tenders that are received except the two highest tenders. Please ensure that the address and phone number you provide is written clearly so we can return your tender and deposit. |
What happens if I do have the highest tender? |
Within 14 days of being declared, the successful purchaser is required to pay:
The deposit (required as per Ontario Regulation 181/03) is forfeited to the municipality if the transaction is not completed within the 14 days. |
Can the Township cancel a tax sale? |
Yes, a tax sale can be cancelled by the Director of Finance/Treasurer at any time before a tax deed or notice of vesting is registered on title. This means a tax sale can be cancelled before the tender opening or even after the tender is closed. |
Why would a tender be rejected? |
A tender may be rejected for some of the following reasons:
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Important notes
The municipality makes no representation regarding the title to a property or any other matters relating to the lands to be sold.
The property may be worth more or less than the minimum tender amount. It is the tenderer's responsibility to do their own research before submitting a tender on a parcel or property.
Every attempt has been made to ensure the accuracy of the information provided. However, the Township of Severn, its officers and employees disclaim any liability for providing any of the information on this page.
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