- Tax Sales Hub
- Nova Scotia
- St. Mary's
- kjJgBvA6
Tax Sale Property in St. Mary's, Nova Scotia
31 Main Street, Sherbrooke
AAN: 02688034
‐ PID: 37502259
Property Unique ID: kjJgBvA6
- Status: Inactive
- Sale Type: Public Auction
- Tax sale date: Mar 07, 2023
- Release date: Jan 14, 2023
- Province: Nova Scotia
- Municipality: St. Mary's
- Address: 31 Main Street, Sherbrooke
- AAN: 02688034
- PID: 37502259
- Property size: 5110 Square Foot
- Zoning: Unknown
- Near water? Yes
- Property on a lake or a bay or a river? Yes
- Waterfront? No
- Accessible by public/private road? Yes
- House or cottage on the property? Yes
- Other structure on the property? Yes
- Farmland? No
- Residential? Unknown
- Commercial or industrial? Unknown
- Vacant land? Unknown
- Redeemable 6 months
Minimum Bid
$12,129.14 CADAssessed Value
$44,100.00 CADPotential Revenue
$31,970.86 CADSign Up Now to Unlock Hidden Information
Description
In the matter of the Municipal Government Act of Nova Scotia Part VI and any subsequent amendments, the following lands and premises situated in the Municipality of the District of St. Mary's will be sold at a live Public Auction for arrears of rates and taxes, interest and expenses, as set forth below at the hour of 11:00 am, Tuesday, March 7", 2023 at the Municipal Office in Sherbrooke, Nova Scotia (8296 Highway #7) unless the amounts respectively due are paid in full on or before said date.
Terms: Taxes, Interest and Cost owing (Amount Advertised) to be paid at the time of sale by cash, money order, debit, certified cheque or lawyer's trust cheque, balance of your bid to be paid within 3 business days after the sale. The cost to prepare and register the tax deed is the responsibility of the purchaser and is not included in Tax Sale Costs. New Provincial Deed Transfer Tax is the responsibility of the purchaser. HST may be applicable. Take notice that Tax Sales do not in all circumstances clear up defects in title. A tax deed conveys only the interest of the assessed owner, whatever their interest may be. If you are intending to clear up defects in the title of the property by way of Tax Sale, you are advised to obtain a Legal Opinion as to whether or not this can be done. Note: For properties with less than 6 years owing, the redemption period has been reduced from 12 months to 6 months by the Municipal Government Act, Section 152. The Municipality of the District of St. Mary's makes no representations or warranties to any purchaser regarding the fitness, geophysical or environmental suitability of the land(s) offered for sale for any particular use and are being sold on an “as is" basis only.
Legal Description
AAN #02688034, PID #37502259, Assessed to Leander Phillip Paul 31 Main Street, Sherbrooke, 2022 Assessed Value $44,100 (Residential Taxable) & $44,100 (Commerical Taxable), Containing 5,110 square feet, more or less, land & dwelling/commercial structure. Total owing $12,129.14 (HST Applicable) Redeemable. Dwelling/structure is connected to Sherbrooke Water and Sewer Utilities
Images
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Nova Scotia tax sale properties buyer's guide
Before you submit a tender you should consider the following:
Before you submit a tender for 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 tender minimum.
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 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?
1. This process is buyer beware. You must undertake due diligence with respect to all aspects of the property.
You should check if there are any Federal or Provincial liens on the title. We recommend you do a title search before submitting your bid. A Title Search Report can be ordered from the tender page on www.taxsaleshub.ca. It will be ready in 2 business days.
We recommend ordering a title search report 5-7 business days before the tender to ensure that it includes all possible new mortgages or other significant interests registered against the property before it was listed for a tax sale.
2. 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.
3. 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.
4. 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.
5. You are responsible for any environmental concerns if there are contamination issues with the property.
6. We recommend retaining a lawyer to protect your interests before submitting a bid.