Tax Sale Properties in Sables-Spanish Rivers, ON
Find 2 tax-delinquent properties for sale in Sables-Spanish Rivers, Ontario. Browse tax sale listings, vacant land, and real estate from government auctions.
Key Statistics for Tax Sale Properties in Sables-Spanish Rivers
- Active Listings
- 2
- Total Properties
- 12
- Sold
- 0
- Tenders From
- Under $25,000
- Redemption Period
- 1 Yr
Available Properties
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Sables-Spanish Rivers tax sales use Ontario's sealed public tender process under the Municipal Tax Sales Act. After 2+ years of unpaid property taxes in Sables-Spanish Rivers, the municipality registers a Tax Arrears Certificate and advertises the property for sealed tender. Submit a sealed bid with a 20% certified cheque deposit by the deadline. The highest qualifying bid wins. The former owner has 1 year to redeem the property by paying all arrears plus interest to the buyer. After the redemption period, the buyer receives clean title. See TaxSalesPortal for current Sables-Spanish Rivers tax sale listings.
About Tax Sales in Sables-Spanish Rivers
Sables-Spanish Rivers is located in Ontario, Canada. Properties in this municipality follow Ontario's tax sale regulations and can offer significant investment opportunities.
How Ontario Tax Sales Work
Ontario uses a sealed tender (public tender) process for tax sales. After property taxes are unpaid for over 3 years, the municipality may initiate the tax sale process. The property is advertised in local newspapers and online, and interested buyers submit sealed bids.
Key Information
- Redemption Period: 1 year from the date of sale
- Minimum Bid: Usually the total tax arrears plus costs and interest
- Payment: Typically required within 14 days of winning
- Title: Clean title issued after redemption period expires
Tips for Buyers
Before bidding on any tax sale property in Sables-Spanish Rivers, conduct thorough due diligence. Visit the property, research zoning regulations, check for environmental issues, and verify there are no other liens. Consider consulting a real estate lawyer familiar with Ontario tax sales.
Property Types Available
2
Residential
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Municipal Contact
Phone
705-865-2646 ext. 225Address
Township of Sables-Spanish Rivers 11 Birch Lake Road Massey, Ontario P0P 1P0
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