- Tax Sales Hub
- Alberta
- Calgary
- 9Nxb9KjD
Tax Sale Property in Calgary, Alberta
LINC: 524-10940-2
Property Unique ID: 9Nxb9KjD
- Status: Inactive
- Sale Type: Public Auction
- Tax sale date: Apr 26, 2023
- Release date: Feb 15, 2023
- Province: Alberta
- Municipality: Calgary
- Address: Not available
- LINC: 524-10940-2
- Property size: Unknown
- Zoning: Unknown
- Near water? No
- Property on a lake or a bay or a river? No
- Waterfront? No
- Accessible by public/private road? Yes
- House or cottage on the property? Yes
- Other structure on the property? Unknown
- Farmland? No
- Residential? Unknown
- Commercial or industrial? Unknown
- Vacant land? Unknown
- Redeemable No
Minimum Bid
$1.00 CADAssessed Value
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Description
Notice is hereby given that, under the provisions of the Municipal Government Act, The City of Calgary will offer for sale, by public auction, in the Municipal Building, 800 Macleod Trail S.E., Calgary, Alberta, on Wednesday, April 26, 2023, at 10:00 a.m.
In order to remove a property from the public auction, all of the outstanding property tax arrears must be paid to The City of Calgary in guaranteed funds BEFORE March 31, 2023.
Each parcel with municipal property taxes remaining unpaid as of the date of the auction will be offered for sale at the public auction subject to a reserve price (the minimum price at which The City of Calgary will be willing to sell the property at the public auction).
The properties being offered for sale at the public auction are being offered on an “as is, where is” basis and The City of Calgary makes no representations and gives no warranty whatsoever with respect to any property being offered for sale at the public auction.
No terms and conditions of sale will be considered other than those specified by The City of Calgary, therefore, no bid will be accepted where the bidder attempts to attach conditions to the sale.
The City of Calgary may, after the public auction, become the owner of any property that is not sold at the public auction.
Legal Description
PLAN 9612138 ; BLOCK 18 ; LOT 36 ; EXCEPTING THEREOUT ALL MINES AND MINERALS ; ESTATE: FEE SIMPLE ; ATS REFERENCE: 4;29;24;36;NW; MUNICIPALITY: CITY OF CALGARY; REFERENCE NUMBER: 161 071 297
Images
We cannot guarantee accuracy of the pictures and the borders of the tax sale land.
Alberta tax sale properties buyer's guide
Before you go for a tax recovery public auction you should consider the following:
Before you make a final decision to buy a property at a public auction, be aware that it is up to you to examine this property to see if it is a good investment and to investigate the statutory requirements and tax recovery public auction provisions. Is the property subject to attributable holders' easements, limits and/or adverse possession? Does the condition of the property, land use, zoning, etc. fit into your property plans?
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This process is buyer beware. You must undertake due diligence with respect to all aspects of the property.
Therefore, it is important to do your homework before a public auction. We highly recommend you to check the title and encumbrances to see what will stay on the title and become your duty after the public auction.
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You should check if there are any Federal or Provincial liens on title. We recommend you do a title search before going for a public auction.
A Title Search Report can be ordered from the tender page on www.taxsaleshub.ca. It'll be ready in 1-2 business days. The Report will tell you if any encumbrances will remain against the property after the tax sale. Be aware that if you purchase a property, you will acquire the land free of all encumbrances, except Crown interest, irrigation or drainage debentures and other items listed in section 423(1) of the Alberta Municipal Government Act.
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You may drive past the property, but site visits are not available.
Use Google Maps Street View on the property page to have a closer look. Since Google Maps photos could be deprecated and if the property you are interested in is not so far, it's a good idea to drive there and have a look yourself.
IMPORTANT: YOU ARE NOT ALLOWED TO GO ON PROPERTY TERRITORY.
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There is no vacant possession. The successful bidder will not receive a key to the property. The successful bidder is responsible for the eviction process if necessary.
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You should investigate zoning, planning or building restrictions, and work orders.
Some municipal websites have a "Find Your Zoning" page, where you can find out zoning by the roll number. And, of course, you can always go to City Hall and do your research.
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We recommend retaining a lawyer to protect your interests before submitting a bid.
In order to determine what interests will affect a property after a public auction, you will need to obtain an up-to-date title search report. Members can order reports directly from our site. An in-house title report specialist will prepare a "Title Search Report" in simple, easy-to-understand language. The Report will tell you if any encumbrances will remain against the property after the public auction.
By having a Title Search Report updated 1-2 business days before the auction is going to be held, you will be able to see if any new mortgages or other significant interests against the property have been registered since your first search was conducted. You might find that they have and decide not to go for a public auction.
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Decide how much you are willing to pay for the property
It’s up to the municipality to announce or not to announce the reserve selling price (minimum auction bid). The reserve bid is set at a level that is as close as reasonably possible to the market value of the parcel. Before going for a public auction, you should decide the maximum amount you are willing to pay for a property.