Tax Sale Properties in Sundridge, ON
Track upcoming municipal tax sales in Sundridge, Ontario and browse recent listings and history. Set an alert to be notified when new tax-delinquent properties are published.
Key Statistics for Tax Sale Properties in Sundridge
- Active Listings
- 0
- Total Properties
- 1
- Sold
- 0
- Tenders From
- Under $25,000
- Redemption Period
- 1 Yr
No Active Listings
There are currently no active tax sale properties in Sundridge.
Recent Properties
View AllBrowse past tax sale properties in Sundridge to see what's been available.
Sundridge tax sales use Ontario's sealed public tender process under the Municipal Tax Sales Act. After 2+ years of unpaid property taxes in Sundridge, 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 Sundridge tax sale listings.
About Tax Sales in Sundridge
Sundridge 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 Sundridge, 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
1
Not Specified
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Municipal Contact
Phone
705-384-5316Address
Sundridge Community Centre, 110 Main St, Sundridge, ON P0A 1Z0
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