Sale of Land by Public Tender

Tender Process

The sale is governed by the City of Toronto Act, 2006 and the Toronto Tax Sales Rules (Regulation 579/06).

Receipt of Tender

• All received tenders are time stamped and are held unopened in a secure location.
  • Where two or more tenders are equal, the tender that is received first is deemed the higher tender.

Withdrawal of Tender

• To cancel a tender, a written request must be received before the designated time set by the City.

Opening of Tender

• The City will open sealed tenders at a designated time set by the City.

Rules

• All tenders are opened and reviewed.
• Tenders that do not meet the tender requirements are rejected.
• Of the remaining tenders, the City shall reject all but the highest and second-highest tenders.
• Rejected bids will be returned with the deposit to the tenderer. Returns will be processed no sooner than one week following the tax sale.
• The City will notify the highest tenderer by ordinary mail, that they will be declared the successful purchaser provided.
  • The balance of the amount tendered plus accumulated taxes, relevant municipal and provincial land transfer tax, and applicable HST is received by the City within 14 days from the date the City mails the notification.
    • Failure to make payment in full by the designated time period results in the deposit being forfeited; the City will offer the parcel of land to the remaining highest tenderer for purchase, with the same time and payment requirements as outlined above.
    • The successful purchaser must retain a lawyer to complete the transaction of sale with the City.

Tender Requirements

All prospective purchasers are strongly advised to review the detailed requirements of the City of Toronto Act, 2006 and the Toronto Tax Sale Rules (Regulation 579/06) with a lawyer prior to submitting a tender.

A completed Tender to Purchase form obtained within the Tender Package or Government of Ontario Central Forms Repository 2215e along with a deposit of 20 per cent of the tender amount is required by way of:

• a certified cheque
• bank draft
• money order

Payable to:

Treasurer, City of Toronto

Note: A separate Tender to Purchase form must be submitted for each property and be typewritten or legibly handwritten in ink.

Tenderers are advised to submit the completed Tender to Purchase form, along with the deposit in a sealed envelope addressed to the Treasurer, City of Toronto. Envelope should be labelled with a brief description of the land or municipal address and indicate that it’s for the tax sale of that land.

Packages may be delivered in-person by visiting the Inquiry & Payment Counter at North York Civic Centre. The Inquiry & Payment Counter is open from Monday to Friday, 8:30 a.m. to 4 p.m.

Address packages as:

Treasurer
Revenue Services
C/O Tenzin Wangchuk, Manager Revenue Accounting and Collections
North York Civic Centre
5100 Yonge Street, Lower Level
Toronto, Ontario, M2N 5V7

Properties for Sale

Commercial Properties

Address: 87 Isabella Street Rear
Minimum bid: $159,595.26
Last Returned Assessment Value: $1,079,000
Property Type: Commercial Vacant Land
Highest bid: $160,000

Address: 4438 Sheppard Ave. E., Unit 206B
Minimum bid: $149,538.49
Last Returned Assessment Value: $115,000
Property Type: Food Court Unit
Highest bid: No offers

Address: 4438 Sheppard Ave. E., Unit 212
Minimum bid: $184,465.94
Last Returned Assessment Value: $95,000
Property Type: Food Court Unit
Highest bid: No offers

Address: 4438 Sheppard Ave. E., Unit 351
Minimum bid: $107,578.23
Last Returned Assessment Value: $94,000
Property Type: Retail Unit
Highest bid: No offers

Address: 4465 Sheppard Avenue East, Unit 28
Minimum bid: $73,599.81
Last Returned Assessment Value: $40,000
Property Type: Commercial Unit
Highest bid: No offers

Residential Properties

Address: 69 Twelfth Street
Minimum bid: $132,341.82
Last Returned Assessment Value: $605,000
Property Type: Residential Property
Highest bid: $731,156

Terms of Sale

The properties up for sale by public tender are sold in “as is” condition. The City of Toronto makes no representation regarding the title to or any other matters including environmental condition relating to the land.

Individuals that wish to submit a tender are not able to:

• view or tour the property in advance
• acquire internal or external images of the property from the City
• conduct a pre-bid inspection

Responsibility for finding out these matters rests with the potential purchasers.

The lands do not include mobile homes or other moveable items situated on the land.

The City of Toronto has no obligation to provide vacant possession to the successful purchaser.

The City reserves the right to withdraw any property from the Sale of Land by Public Tender at any time prior to the registration of the tax deed.

The City does not provide legal advice in respect of tax sales or any other matters.

Tender to Purchase Package

Tender packages are available at:

Revenue Services, Inquiry & Payment Counter
North York Civic Centre
5100 Yonge Street, Lower Level
Toronto, Ontario, M2N 5V7
Monday to Friday
8:30 a.m. to 4 p.m.

A tender package includes:

• • instructions
  • a copy of the advertisement
  • Tender to Purchase form (pre-populated with property specific information)
  • return envelope

Fee: $38.57

A copy of the Tender to Purchase form 2215e alternatively can be obtained at the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs and Housing.

Return of Tenders

Tenders that are rejected are available for pick-up December 4, 2023.

Once the Sale of Land by Public Tender has concluded, staff will notify you when your tender is ready for pick-up starting 5 to 10 business days after the sale date.

For in-person tender pick-up, visit:

Revenue Services, Inquiry & Payment Counter
North York Civic Centre
5100 Yonge Street, Lower Level
Toronto, Ontario, M2N 5V7
Monday to Friday
8:30 a.m. to 4 p.m.

Please call the Collections Unit phone number at 416-395-0174 when you are at the North York Civic Centre.

Required Identification

• Valid Government issued photo identification is required.
  • Ontario Driver License (preferred, shows address)
  • Ontario Photo Card
  • Canadian Passport
  • Canadian Permanent Resident Card
  • If applicable:
    • Articles of Incorporation
    • Signed letter of authorization

Expired personal identification or documents are not accepted.

Government issued identification that does not include an address or the address listed on the submitted tender is not the same, additional verification is required. May include one or more of the following:

• • Utility bill addressed to you, showing the mailing address (e.g. hydro, gas, property tax or utility bill)

The City of Toronto will not release any rejected tenders to third party representatives without documented authorization from the tenderer.

Examples of required identification/documentation to release a tender

Some samples of required documentation:

Name on tender form	Deposit cheque/draft signed by	Documents Required for Tender Release
Jane Sample	Jane Sample	Government issued photo identification Document to confirm address
1234567 Ontario Inc.	1234567 Ontario Inc.	Articles of Incorporation Government issued photo identification And/or, if multiple owners – a letter of authorization on company letterhead with all stakeholders signatures are required Document to confirm address
1234 Ontario Inc.	Jane Sample	Articles of Incorporation Government issued photo identification Document to confirm address
Jane Sample John Sample Joseph Sample	Jane Sample John Sample Joseph Sample	Government issued photo identification If a single tenderer arrives for pick-up of tender, a letter of authorization signed by all parties will be required Document to confirm address If all tenderers are present for pick up, the identification of all individuals will be required. The address of one individual must match the tender document
Jane Sample	Jane Sample John Sample Joseph Sample	Government issued photo identification. If a single tenderer arrives for pick-up of tender, a letter of authorization signed by all parties will be required Document to confirm address If all tenderers are present for pick up, the identification of all individuals will be required. The address of one individual must match the tender document
Jane Sample John Sample Joseph Sample	Jane Sample	Government issued photo identification If a single tenderer arrives for pick-up of tender, a letter of authorization signed by all parties will be required Document to confirm address If all tenderers are present for pick up, the identification of all individuals will be required. The address of one individual must match the tender document