Civic Address: 129 Main Street
Roll Number: 53
Assessment ID / Alt. #: 505004450
Legal Land Description (LLD): Lot 19 Blk 3 Plan 62666
According to the last returned assessment roll, the assessed value of the land is $4,000.00 and improvements (building) $2,900 for a total assessed value of $5,865.00.
Other Property information: Warehouse/storage
Civic Address: 117 Patrick Street
Roll Number: 189
Assessment ID/Alt.#: 505017300
Legal Land Description (LLD): Lot 9 Blk 16 Plan EW1316
According to the last returned assessment roll, the assessed value of the land is $5,100.00 and improvements (building) $40,900.00 for a total assessed value of $46,000.00.
Other property information: Corner lot, house needs repairs.
Bidders are required to review the complete tender documents for important information regarding conditions of sale and responsibilities of the purchaser regarding property condition. Property photos will not be provided.
The tender must include a letter explaining the intended use of the property, as well as any future plans for the property and a timeline to complete the plans. Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 % (percent) of the tender amount. The deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality, and a description of the bidder’s plans for the property ensuring the purpose meets the requirements in the Village’s Zoning Bylaw.
Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value according to the last returned assessment roll may or may not be representative of the current fair market value of the property
This sale is governed by The Tax Enforcement Act.
The successful purchaser will be required to pay the full amount tendered plus applicable taxes and fees, including all title transfer and legal fees.
The Municipality has no obligation to provide vacant possession to the successful purchaser.
A copy of the prescribed form of tender and the tender documents are available through the Municipal Office.
For further information contact the Village of Lipton.
Wanda McLeod, CAO
Village of Lipton