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Vol. 159, No. 44/Oct 31, 202669 open

City of Cambridge, Waterloo Region

Cambridge tax sales

Cambridge has no tax sale open right now. Its last one closed on Thursday, April 25, 2019 with 6 properties. The City of Cambridge runs its own sales through its treasurer's office.

Past Cambridge tax sales

1 sale on record since 2018, covering 6 properties. Minimum bids ran from $19,048 to $296,450.

ClosedProperties and minimum bidsNotice
Apr 25, 20196 properties$19,048 to $296,450Gazette

How to bid on a Cambridge tax sale

Most Ontario tax sales are sealed tenders with one chance to bid. There is no second round.

  1. Get the tender form (Form 7) from the City of Cambridge or the Government of Ontario's forms site.
  2. Bid at least the minimum tender amount, and attach a deposit of at least 20 percent of your bid by money order, bank draft or certified cheque made out to the City of Cambridge.
  3. Seal it in an envelope addressed to the treasurer, marked as a tax sale and naming the property. It must reach the office by the deadline on closing day, which the rules set at 3:00 p.m. local time.
  4. The highest valid bid wins. The winner has 14 days from the day the treasurer's notice is mailed to pay the balance, land transfer tax and any taxes that have built up since.

You cannot go onto the property first, someone may be living there, and a sale can be cancelled right up to the end. Read how Ontario tax sales work before you bid.

Cambridge tax sale questions

Is there a Cambridge tax sale right now?

No. Cambridge has no tax sale open right now. Its last one closed on Thursday, April 25, 2019 with 6 properties.

How often does Cambridge hold tax sales?

There is no fixed schedule. A sale can follow once taxes on a property have gone unpaid long enough and a one-year redemption period has run out. We have 1 closed sale from Cambridge on record since 2018, covering 6 properties.

Where are Cambridge tax sales advertised?

Every Ontario tax sale must be advertised once in the Ontario Gazette and once a week for four weeks in a local newspaper. Where there is no suitable newspaper, the notice is posted at the municipal office and one other prominent place instead.

What is the minimum bid at a Cambridge tax sale?

The minimum is the cancellation price: the unpaid taxes plus penalties, interest and the municipality's costs. It has nothing to do with what the land is worth. At past Cambridge sales, minimum bids have run from $19,048 to $296,450.

Tax sales near Cambridge

All Waterloo Region tax sales

By email, free

New notices come out most Saturdays. Get a monthly roundup by email.

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