Tax Sale planned for Monday, October 7

Tax Sale planned for Monday, October 7

City Hall
Feature
Finance

 

Pursuant to Section 403 of the Local Government Act, a Tax Sale will be held in the City of Terrace Council Chambers (3215 Eby Street) at 10am on Monday October 7, 2024, for the disposition of the following properties.  

Properties (updated October 3, 2024)

The following properties have delinquent taxes as of September 26, 2024. We will update this list, as per required, if delinquent taxes are paid. 

Folio # Address Legal Description Upset Price
00332.000 4632 Goulet Ave Plan 6602, Lot 25, DL 360 $9,639.32
06201.000 5112 Medeek Ave Plan 3154, Lot 14, DL 611 $10,659.27

Notice to Prospective Purchasers

  1. Tax Sale properties are subject to tax under the Property Purchase Tax Act on the fair market value of the property.
  2. Only commercial property is subject to GST.
  3. Taxes become payable if and when the transfer of title occurs following the expiration of the redemption period.
  4. The municipality makes no representation, express or implied, regarding the properties for sale (including but not limited to condition, quality, or related encumbrances).
  5. For additional Tax Sale procedure details, read: City of Terrace Annual Tax Sale Basic Information.
     

Anyone with questions, or property owners who wish to pay their taxes, can call City Hall at 250-635-6311.