Tax Sale Properties in South Stormont, ON
Find 8 tax-delinquent properties for sale in South Stormont, Ontario. Browse foreclosures, vacant land, and real estate at below market prices.
Key Statistics for Tax Sale Properties in South Stormont
- Active Listings
- 8
- Total Properties
- 44
- Sold
- 13
- Starting From
- $4,686
- Redemption Period
- 1 Yr
Available Properties
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Location: South Stormont, ON
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Location: South Stormont, ON
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Location: South Stormont, ON
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Location: South Stormont, ON
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Location: South Stormont, ON
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Location: South Stormont, ON
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Location: South Stormont, ON
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Location: South Stormont, ON
South Stormont tax sales use Ontario's sealed public tender process under the Municipal Tax Sales Act. After 2+ years of unpaid property taxes in South Stormont, 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 South Stormont tax sale listings.
About Tax Sales in South Stormont
South Stormont 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 South Stormont, 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
5
Vacant Land
3
Residential
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Municipal Contact
Phone
613-534-8889Address
2 Mille Roches Road, P.O. Box 84, Long Sault, Ontario, K0C 1P0
Website
https://www.southstormont.caInvestor Resources
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