Description of Lands:
1. Roll No. 54 08 000 005 07400 0000; 1 PROSPECT AVE., COBALT; PIN’s 61386-0153 (LT), 61386-0154 (LT), 61386-0155 (LT), 61386-0156 (LT) & 61386-0202 (LT); FIRSTLY: PCL 22959 SEC SST; PT LT 322 PL M47NB COLEMAN SRO COMMENCING AT THE NELY ANGLE OF SAID LT 322; THENCE SWLY ALONG THE ELY BOUNDARY THEREOF A DISTANCE OF 25 FT 9 1/2 INCHES TO A POINT; THENCE WLY AND PARALLEL TO THE NLY BOUNDARY OF THE SAID LT 322, 60 FT TO A POINT; THENCE NLY AND PARALLEL TO THE WLY BOUNDARY OF SAID LT 322 TO THE NLY BOUNDARY THEREOF; THENCE ELY AND ALONG THE SAID NLY BOUNDARY TO THE POINT OR PLACE OF BEGINNING; T/W A ROW IN COMMON WITH OTHERS FOR PURPOSES OF EGRESS AND INGRESS OVER, ALONG AND UPON THE NLY 15 FT OF THE SAID LT 322 FROM THE WLY BOUNDARY THEREOF ELY TO THE LANDS HEREINABOVE DESCRIBED; SECONDLY: PCL 10930 SEC SST; N1/2 LT 322 PL M47NB COLEMAN SRO EXCEPTING THAT PT OF THE N1/2 OF SAID LT 322 DESCRIBED AS FOLLOWS: COMMENCING AT THE NELY ANGLE OF LT 322, THENCE SWLY ALONG THE ELY BOUNDARY THEREOF A DISTANCE OF 25 FT 9 1/2 INCHES TO A POINT; THENCE WLY AND PARALLEL TO THE NLY BOUNDARY OF THE SAID LT 322, 60 FT TO A POINT; THENCE NLY AND PARALLEL TO THE WLY BOUNDARY OF SAID LT 322 TO THE NLY BOUNDARY THEREOF; THENCE ELY AND ALONG THE SAID NLY BOUNDARY, TO THE POINT OR PLACE OF BEGINNING; T/W A ROW IN COMMON WITH OTHERS FOR PURPOSES OF EGRESS AND INGRESS OVER, ALONG AND UPON THE NLY 15 FT OF THE SAID LT 322 FROM THE WLY BOUNDARY THEREOF ELY TO THE LANDS HEREINABOVE DESCRIBED; THIRDLY: PCL 22958 SEC SST; PT LT 322 PL M47NB COLEMAN SRO AS IN LT43880; FOURTHLY: PCL 22957 SEC SST; SE PT LT 322 PL M47NB COLEMAN SRO AS IN LT43881; COBALT; FIFTHLY: PCL 15772 SEC SST; S1/2 LT 322 PL M47NB COLEMAN SRO EXCEPTING FIRSTLY THAT PT DESCRIBED AS FOLLOWS: COMMENCING AT A POINT IN THE ELY LIMIT OF LT 322, WHICH POINT IS 30 FT MEASURED NLY ALONG THE ELY LIMIT FROM THE SE ANGLE OF SAID LT 322; THENCE WLY AND PARALLEL TO THE SLY LIMIT OF SAID LT 322, A DISTANCE OF 36 FT MORE OR LESS TO A POINT, WHICH POINT IS 46 FT MEASURE ELY FROM THE WLY LIMIT OF SAID LT 322; THENCE NLY AND PARALLEL TO THE SAID WLY LIMIT OF SAID LT 322, TO A POINT IN THE SLY LIMIT OF THE N1/2 OF SAID LT 322; THENCE ELY ALONG THE SAID SLY LIMIT OF SAID N1/2 OF SAID LT 322, TO A POINT IN THE ELY LIMIT OF SAID LT 322; THENCE SLY ALONG THE SAID ELY LIMIT OF SAID LT 322 TO THE POB. EXCEPTING SECONDLY THAT PT DESCRIBED AS FOLLOWS: THE SE PT OF LT 322 PL M47NB, COMMENCING AT A POINT IN THE SE ANGLE OF THE SAID LT; THENCE NLY ALONG THE ELY LIMIT OF SAID LT 322, A DISTANCE OF 30 FT MORE OR LESS TO A POINT, SAID POINT BEING IN THE SE ANGLE OF THE LANDS HERETOFORE CONVEYED UNDER TRANSFER LT43880 TIMISKAMING; THENCE WLY AND PARALLEL WITH THE SLY LIMIT OF SAID LT 322 A DISTANCE OF 36 FT MORE OR LESS TO A POINT, WHICH SAID POINT IS DISTANT 46 FT MEASURED ELY FROM THE WLY LIMIT OF SAID LT 322; THENCE SLY AND PARALLEL TO THE WLY LIMIT OF SAID LT 322 A DISTANCE OF 27 FT 51/2 INCHES MORE OR LESS TO A POINT IN THE SLY LIMIT OF SAID LT 322; THENCE ELY ALONG SAID SLY LIMIT A DISTANCE OF 22 FT 6 INCHES MORE OR LESS TO THE POC; COBALT; DISTRICT OF TIMISKAMING; DISTRICT OF TIMISKAMING;
File No. 23-03
According to the last returned assessment roll, the assessed value of the land is $400,000.00
Minimum tender amount: $186,604.07