FORM 6
SALE OF LAND BY PUBLIC TENDER
Municipal Act, 2001
Ontario Regulation 181/03, Municipal Tax Sale Rules

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF PRESCOTT

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 November 27, 2024, at the Prescott Municipal Office, 360 Dibble St. W. Prescott Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Prescott Municipal Office, 360 Dibble St. W. Prescott.

Description of Lands:

Roll No. 07 08 020 020 00722 0000; 235 Water St., Unit 201, Prescott; PIN 68704-0011 (LT); UNIT 1 LEVEL 2 GRENVILLE CONDOMINIUM PLAN NO. 4 AND ITS APPURTENANT INTEREST; LT 15, PT LT 13, 14 & 16 BLK 2 PL 19 PRESCOTT; PT WATER LTS IN FRONT OF LT 13, 14, 15 & 16 BLK 2 S/S WATER ST PL 19 PRESCOTT PT 1 15R8029 MORE FULLY DESCRIBED IN SCHEDULE A OF DECLARATION NO, PR110500; PRESCOTT; File No. 21-01

According to the last returned assessment roll, the assessed value of the land is $60,000

Minimum tender amount: $43,551.72

Roll No. 07 08 020 020 00723 0000; 235 Water St. Unit 202, Prescott; PIN 68704-0012 (LT); UNIT 2 LEVEL 2 GRENVILLE CONDOMINIUM PLAN NO. 4 AND ITS APPURTENANT INTEREST; LT 15, PT LT 13, 14 & 16 BLK 2 PL 19 PRESCOTT; PT WATER LTS IN FRONT OF LT 13, 14, 15 & 16 BLK 2 S/S WATER ST PL 19 PRESCOTT PT 1 15R8029 MORE FULLY DESCRIBED IN SCHEDULE A OF DECLARATION NO. PR110500; PRESCOTT; File No. 21-04

According to the last returned assessment roll, the assessed value of the land is $61,000

Minimum tender amount: $31,208.36

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land(s) 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 nonresidents 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, contact:

Nancy Lavallee
Taxation and Revenue Clerk
The Corporation of the Town of Prescott
360 Dibble St. W.
P.O. Box 160
Prescott ON K0E 1T0

613-925-2812 Ext. 6211

nlavalle@prescott.ca
www.prescott.ca

Zoning By-Law

Prescott's Zoning By-Law governs the use of land in the throughout the town. The comprehensive zoning by-law divides the municipality into different land use zones and specifies the permitted uses and required standards in each zone.

The zoning by-law determines how land may be used, where buildings and other structures may be located, the types of buildings permitted and how they may be used, as well as lot sizes and dimensions, parking requirements, building heights and setbacks from the street.

Zoning By-Law FAQ's

The Zoning By-Law is a comprehensive land use by-law that governs where certain land uses and buildings can be established in the Town. It also regulates setbacks of buildings from property lines, the height of buildings, how much parking they must provide, the minimum size of lots, and various other development matters.

The 'zone' in Zoning By-Law comes from the basic principle that the Town is divided into a number of areas or zones where, for example, residential, industrial or commercial uses can be established.

The By-Law consists of a map showing the zones, and an accompanying set of regulations. Also provided in each zoning category is a listing of permitted uses within that zone. Additional information includes By-Law amendments which have been approved over the years.

All new development and re-development must comply with the Zoning By-Law. Some uses may have existed on a site before the most recent by-law and although they may not meet the by-law, they are allowed to remain as 'legal non-conforming uses' (sometimes referred to as a 'grandfather' clause).

Council can change the by-law, and any individual or developer can make an application (reviewed by the Planning Advisory Committee - PAC) to amend the by-law. You should contact the Planning Department for more information. If the change is minor, a minor variance may be possible, and is dealt with by the Town's Committee of Adjustment.

Zoning By-Law

Zoning By-Law Map

Dana Valentyne
Economic Development Officer

Town of Prescott
360 Dibble Street West
Prescott, ON
K0E 1T0
Phone: 613-925-2812 Ext: 6221
Fax: 613-925-4381
Email: dvalentyne@prescott.ca