- Tax Sales Hub
- British Columbia
- Prince George
- Y41EyM4r
Tax Sale Property in Prince George, British Columbia
6930 ADAM DR PRINCE GEORGE V2K 2M8
Folio: 26-226-90-31338.516
‐ PID: 010-075-054
Property Unique ID: Y41EyM4r
- Status: Inactive
- Sale Type: Public Auction
- Tax sale date: Sep 26, 2022
- Release date: Sep 01, 2022
- Province: British Columbia
- Municipality: Prince George
- Address: 6930 ADAM DR PRINCE GEORGE V2K 2M8
- Folio: 26-226-90-31338.516
- PID: 010-075-054
- Property size: 13503 Square Foot
- 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? Unknown
- Other structure on the property? Unknown
- Farmland? No
- Residential? Unknown
- Commercial or industrial? Unknown
- Vacant land? Unknown
- Redeemable 12 months
Minimum Bid
$10,040.15 CADAssessed Value
$295,000.00 CADPotential Revenue
$284,959.85 CADSign Up Now to Unlock Hidden Information
Description
Pursuant to Section 254 of the Community Charter and Section 645 and 647 (1) of the Local Government Act, notice is hereby given that the City of Prince George Annual Tax Sale will be held on September 26, 2022 at 10:00am in the Council Chambers at City Hall, 1100 Patricia Boulevard, Prince George, BC. Unless full payment of the outstanding delinquent taxes, plus the necessary interest to date of payment is received prior to the aforementioned time and date, the properties shall be offered for sale by public auction.
Notice to Prospective Purchasers: In the case of all properties, the City of Prince George makes no representation express or implied as to the condition or quality of the properties being offered for sale. It is the buyer’s responsibility to satisfy themselves regarding the condition/potential of the property. The purchase of a tax sale property is subject to tax under the Property Transfer Tax Act on the fair market value of the property.
Legal Description
Lot 16 Plan PGP20271 District Lot 4047 Land District 05
Images
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We cannot guarantee accuracy of the pictures and the borders of the tax sale land.
British Columbia tax sale properties buyer's guide
Before you go for a tax sale public auction you should consider the following:
Before you make a final decision to buy a tax sale property, be aware of the following:
The municipality does not hold the title of the estate or any other matter concerning the lands to be sold. The property value can be much higher or much less than the minimum bid.
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 sale provisions.
Therefore, we highly recommend you to check the title and executions to see what will stay on the title and become your duty after the execution. Is the property subject to attributable holders' easements, limits and/or adverse possession? Do 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.
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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 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. Most charges will be removed if the property is transferred at the end of the year of redemption, but ones that will be transferred to you as the new owner will be any senior government liens (i.e. Province of BC or Government of Canada). All other mortgages and charges will be removed before ownership is transferred to you.
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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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You are responsible for any environmental concerns if there are contamination issues with the property.
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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 tax sale, 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 tax sale.
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
Since the tax sale is held as a public auction, others will likely be bidding. The person with the highest bid will be permitted to purchase the property. No one else will be given the opportunity to make the purchase. You should decide the maximum amount you are willing to pay for a tax sale. The amount has to be no less than the minimum bid set per property.