Municipal Act, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF RED LAKE

Take Notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on March 27, 2025, at the Red Lake Municipal Office, 2 Fifth Street, Balmertown Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Red Lake Municipal Office, 2 Fifth Street, Balmertown.

Description of Lands:
1. Roll No. 60 41 410 002 06500 0000; 7 PROSPECT ST., RED LAKE; PIN 42009-0328 (LT); PCL 3677 SEC DPF; LT 112 PL M355 EXCEPTING THEREOUT AND THEREFROM ALL ORES, MINES OR MINERALS WHICH ARE OR SHALL HEREAFTER BE FOUND ON OR UNDER SAID LANDS; RED LAKE; File No. 22-01
According to the last returned assessment roll, the assessed value of the land is $36,000
Minimum tender amount: $90,033.76

2. Roll No. 60 41 410 004 10300 0000; 9 GRANITE RD., RED LAKE; PIN 42009-0978 (LT); PARCEL 3773 SECTION DPF; LOT 491 PLAN M355 EXCEPTING THEREOUT AND THEREFROM ALL ORES, MINES OR MINERALS WHICH ARE OR SHALL HEREAFTER BE FOUND ON OR UNDER SAID LANDS; MUNICIPALITY OF RED LAKE; File No. 22-02
According to the last returned assessment roll, the assessed value of the land is $20,500
Minimum tender amount: $11,391.01

3. Roll No. 60 41 410 004 10600 0000; 10 GRANITE RD., RED LAKE; PIN 42009-0977 (LT); PARCEL 3699 SECTION DPF; LOT 490 PLAN M355 EXCEPTING THEREOUT AND THEREFROM ALL ORES, MINES OR MINERALS WHICH ARE OR SHALL HEREAFTER BE FOUND ON OR UNDER SAID LANDS; MUNICIPALITY OF RED LAKE; File No. 22-03
According to the last returned assessment roll, the assessed value of the land is $20,500
Minimum tender amount: $11,119.35

4. Roll No. 60 41 410 004 10700 0000; 6 GRANITE RD., RED LAKE; PIN 42009-0976 (LT); PARCL 3418 SECTION DPF; LOT 489 PLAN M355 EXCEPTING THEREOUT AND THEREFROM ALL ORES, MINES OR MINERALS WHICH ARE OR SHALL HEREAFTER BE FOUND ON OR UNDER SAID LANDS; MUNICIPALITY OF RED LAKE; File No. 22-04
According to the last returned assessment roll, the assessed value of the land is $21,000
Minimum tender amount: $11,279.43

5. Roll No. 60 41 440 002 08100 0000; 34 ELLIOT ST., COCHENOUR ON; PIN 42009-0638 (LT); PCL 6606 SEC DPF SRO; LT 41 PL M587 EXCEPTING AND RESERVING UNTO COCHENOUR WILLANS GOLD MINES LIMITED, WILMAR MINES LIMITED AND ANNCO MINES LIMITED, AND ITS ASSIGNS, ALL MINING RIGHTS, MINES AND MINERALS WHETHER SOLID, LIQUID OR GASEOUS ALREADY FOUND OR WHICH MAY HEREAFTER BE FOUND TO EXIST WITHIN, UPON OR UNDER THE SAID LANDS, WITH FULL LIBERTY OF INGRESS, EGRESS AND REGRESS AT ALL TIMES AND GENERALLY TO DO ALL OTHER ACTS AND THINGS NECESSARY OR PROPER FOR WORKING AND OBTAINING THE SAID MINES AND MINERALS; RED LAKE; File No. 22-07
According to the last returned assessment roll, the assessed value of the land is $16,100
Minimum tender amount: $11,161.71

6. Roll No. 60 41 440 005 01500 0000; RED LAKE; PIN 42013-0168 (LT); FIRSTLY: SURFACE RIGHTS ONLY: MINING CLAIM K957 BATEMAN (RECORDED AS KRL18512); MUNICIPALITY OF RED LAKE [BEING PIN 42013-0168 (LT)]; PIN 42013-0170 (LT); SECONDLY: SURFACE RIGHTS ONLY: PT MINING CLAIM K956 BATEMAN (RECORDED AS KRL18510) NOT COVERED BY THE WATERS OF EAST BAY OF RED LAKE EXCEPT THEREOUT AND THEREFROM THE SRO ON AND OVER A STRIP OF LAND ALONG THE SHORES OF EAST BAY OF RED LAKE AND WHICH SAID STRIP OF LAND IS BOUNDED BY THE HIGH WATER MARK OF EAST BAY OF RED LAKE AND BY A LINE, EVERY POINT OF WHICH IS DISTANT 200 FT FROM THE NEAREST POINT IN THE SAID HIGH WATER MARK [BEING PIN 42013-0170 (LT)]; File No. 22-08
According to the last returned assessment roll, the assessed value of the land is $91,000
Minimum tender amount: $37,849.26

7. Roll No. 60 41 440 005 01600 0000; RED LAKE; PIN 42013-0164 (LT); FIRSTLY: SURFACE RIGHTS ONLY: PT MINING CLAIM K958 BATEMAN (RECORDED AS KRL18516) NOT COVERED BY THE WATERS OF EAST BAY OF RED LAKE EXCEPT THEREOUT AND THEREFROM THE SRO ON AND OVER A STRIP OF LAND ALONG THE SHORES OF EAST BAY OF RED LAKE AND WHICH SAID STRIP OF LAND IS BOUNDED BY THE HIGH WATER MARK OF EAST BAY OF RED LAKE AND BY A LINE, EVERY POINT OF WHICH IS DISTANT 200 FT FROM THE NEAREST POINT IN THE SAID HIGH WATER MARK; MUNICIPALITY OF RED LAKE [BEING PIN 42013-0164 (LT)]; PIN 42013-0166 (LT); SECONDLY: SURFACE RIGHTS ONLY: MINING CLAIM K959 BATEMAN (RECORDED AS KRL20293); MUNICIPALITY OF RED LAKE [BEING PIN 42013-0166 (LT)]; File No. 22-09
According to the last returned assessment roll, the assessed value of the land is $91,000
Minimum tender amount: $37,849.26

8. Roll No. 60 41 440 003 15000 0000; 6 GRIZZLY ST., MCKENZIE ISLAND ON; PIN 42009-0017 (LT); PCL 16-1 SEC 23M901 SRO; LT 16 PL 23M901; S/T LT235478; RED LAKE; File No. 22-11
According to the last returned assessment roll, the assessed value of the land is $98,000
Minimum tender amount: $15,284.70

9. Roll No. 60 41 950 010 02100 0000; 20 – 22 BIRCH LANE, MADSEN ON; PIN 42005-0349 (LT); CONSOLIDATION OF VARIOUS PROPERTIES: SURFACE RIGHTS ONLY; LOT 60 & 61 PL M667; S/T LT123738 AMENDED BY LT155422; S/T LT123737; RED LAKE; File No. 22-12
According to the last returned assessment roll, the assessed value of the land is $139,000
Minimum tender amount: $42,331.21

Except as follows, the municipality makes no representation regarding the title to, availability of road access, or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.

Pursuant to the Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the “Act”), effective January 1, 2023, it is prohibited for a non-Canadian to purchase, directly or indirectly, any residential property, as those terms are defined in the legislation. Contraventions of the Act
are punishable by a fine, and offending purchasers may be ordered to sell the residential property.

The municipality assumes no responsibility whatsoever for ensuring bidders/tenderers comply with the Act, and makes no representations regarding same. Prospective bidders/tenderers are solely responsible for ensuring compliance with the Act and are advised to seek legal advice before participating in this sale.

Transfers of properties that contain at least one and not more than six single family residences and are transferred to non-residents of Canada or foreign entities, are subject to the Province’s Non-Resident Speculation Tax (NRST).

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and any taxes that may be applicable, such as a land transfer tax and HST.

The municipality has no obligation to provide vacant possession to the successful purchaser.

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

For further information regarding this sale and a copy of the prescribed form of tender, visit:
www.OntarioTaxSales.ca