Property Sales

Processing properties for Tax Sales:

Taxes must be in arrears for a minimum of three years before the property is registered for tax sale. It must pass through public process for one year before a public sale may occur.

During this process,

• Notices and declarations are prepared for final notice
• Advertising for the sale must be placed in the Ontario Gazette for one week
• Advertising in the local paper, The Stratford Beacon Herald, must be done for a period of four consecutive weeks
• After the four week advertisement, submissions are to be provided by public tender, to minimum bid
• If no one submits to the minimum bid, the City has the option to vest the property in its name
• If there is a successful purchaser, the sale is processed as a general real estate transaction to be closed 14 days after the tender opening 

See information regarding current properties for sale.