Find Below-Market Properties at
Canadian Tax Sales

A tax sale property is real estate being sold by a municipality to recover unpaid property taxes. When property taxes remain unpaid for 2-3 years, municipalities can seize and auction the property. These properties often sell for significantly below market value.

Tax sale properties often sell for 50-80% below market value. The minimum bid typically covers only outstanding taxes plus fees. For example, a property assessed at $45,000 might have a minimum tender of just $8,500.

Yes, anyone can participate in Canadian tax sales. You don't need special licenses or qualifications. You'll typically need to provide a deposit (usually 20% of your bid) and complete payment within 14 days if your bid wins.

The redemption period is the time after a tax sale during which the original owner can reclaim their property. Periods vary by province: Ontario has 1 year, Alberta has no redemption period, Nova Scotia and Saskatchewan have 6 months.

Key risks include: the property may be redeemed by the original owner; properties are sold 'as-is' with no warranties; there may be occupants requiring eviction; some liens may survive the sale; and you cannot inspect interiors before purchase.

A tender (sealed bid) is where you submit your offer privately by a deadline - common in Ontario. An auction is a live bidding event where you compete openly with other bidders - common in Alberta, BC, and most other provinces.