Town of Bracebridge, Muskoka
Bracebridge tax sales
Bracebridge has no tax sale open right now. Its last one closed on Thursday, November 14, 2019 with 6 properties. The Town of Bracebridge runs its own sales through its treasurer's office.
Past Bracebridge tax sales
1 sale on record since 2018, covering 6 properties. Minimum bids ran from $5,203 to $11,411.
| Closed | Properties and minimum bids | Notice |
|---|---|---|
| Nov 14, 2019 | 6 properties$5,203 to $11,411 | Gazette |
How to bid on a Bracebridge tax sale
Most Ontario tax sales are sealed tenders with one chance to bid. There is no second round.
- Get the tender form (Form 7) from the Town of Bracebridge or the Government of Ontario's forms site.
- 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 Town of Bracebridge.
- 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.
- 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.
Bracebridge tax sale questions
Is there a Bracebridge tax sale right now?
No. Bracebridge has no tax sale open right now. Its last one closed on Thursday, November 14, 2019 with 6 properties.
How often does Bracebridge 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 Bracebridge on record since 2018, covering 6 properties.
Where are Bracebridge 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 Bracebridge 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 Bracebridge sales, minimum bids have run from $5,203 to $11,411.
Tax sales near Bracebridge
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