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Processing properties for Tax Sales;
Taxes must be in arrears for a minimum of three years before the property is
registered for Tax Sale. It must pass through public process for one year before
a public sale may occur.
During this process;
- Notices and declarations are prepared for final notice.
- Advertising for the sale must be placed in the Ontario Gazette for one
week.
- Advertising in the local paper, The Stratford Beacon Herald, must be
done for a period of four consecutive weeks.
- After the four week advertisement, submissions are to be provided by
public tender, to minimum bid.
- If no one submits to the minimum bid, the City has the option to vest
the property in their name.
- If there is a successful purchaser, the sale is processed as a general
real estate transaction to be closed 14 days after the tender opening.
The following properties are being advertised for sale through public tender;
THERE ARE CURRENTLY NO NEW PROPERTIES IDENTIFIED
FOR PUBLIC SALE AT THIS TIME
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