Sale of Land by Public Tender

Form 6
Sale of Land by Public Tender
Municipal Act, 2001
Ontario Regulation 181/03
Municipal Tax Sales Rules

FROM: THE CORPORATION OF THE CITY OF MISSISSAUGA

Take Notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on October 24, 2024 at The Corporation of the City of Mississauga, Mississauga Services Counter, Ground Floor, 300 City Centre Drive Mississauga, Ontario, L5B 3C1.

The tenders will then be opened in public on the same day at 3:30 p.m. on October 24, 2024 at Hazel McCallion Central Library, Noel Ryan Auditorium, 301 Burnhamthorpe Road West, Mississauga, Ontario, L5B 3Y3.

Description of Land(s):

4584 Full Moon Circle, Mississauga, Ontario, L4Z 2N6, being PIN 13179-0143 (LT), Roll No. 21-05-04-0-094-09759-0000

Minimum tender amount: $239,857.29

According to the last returned assessment roll, the assessed value of the land is $395,000.00


6540 Falconer Drive, Unit 90, Mississauga, Ontario, L5N 1M1, being PIN 19048-0090 (LT), Roll No. 21-05-04-0-097-21915-0000

Minimum tender amount: $39,372.40

According to the last returned assessment roll, the assessed value of the land is $320,000.00


3528 Croatia Drive, Mississauga, Ontario, L5B 3K9, being PIN 13145-0043 (LT), Roll No. 21-05-04-0-143-24980-0000

Minimum tender amount: $63,933.27

According to the last returned assessment roll, the assessed value of the land is $580,000.00


4799 Rathkeale Road, Mississauga, Ontario, L5V 1K3, being PIN 13375-0156 (LT), Roll No. 21-05-04-0-144-24683-0000

Minimum tender amount: $111,021.23

According to the last returned assessment roll, the assessed value of the land is $752,000.00


3392 Monica Drive, Mississauga, Ontario, L4T 3E7, being PIN 13251-0084 (LT), Roll No. 21-05-05-0-103-02691-0000

Minimum tender amount: $62,502.20

According to the last returned assessment roll, the assessed value of the land is $490,000.00.


2068 Stewart Crescent, Mississauga, Ontario, L4Y 1C5, being PIN 13342-0311 (LT), Roll No. 21-05-07-0-058-06500-0000

Minimum tender amount: $75,537.32

According to the last returned assessment roll, the assessed value of the land is $855,000.00


0 Thomas Street, Mississauga, Ontario, Part of Lots 20 and 21, Registered Plan STR-1, as in ST431 except ST1388, ST3754, ST5697, RO879234, RO935028, RO856750, RO560258, RO1089723, RO1081030, and RO1058839; City of Mississauga, being PIN 13123-0129 (LT), Roll No. 21-05-12-0-004-20301-0000

Minimum tender amount: $58,832.28

According to the last returned assessment roll, the assessed value of the land is $401,000.00

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 (or board).

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land(s) to be sold. Responsibility for ascertaining these matters rest with the potential purchasers.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sale 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 land transfer tax.

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.

Further information regarding this sale and tender packages are available online at http://www.mississauga.ca/portal/residents/taxsales or you may contact:

The Corporation of the City of Mississauga
City Manager’s Office
Finance Division
11th Floor, 300 City Centre Drive, Mississauga, ON  L5B 3C1
Manager, Revenue and Taxation
3-1-1 (905-615-4311 outside city limits)

Note: This document need not be registered.