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Home/Live Here/Property Taxes/Property Sales
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Property Sales

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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 

     

There are currently no properties for public sale.

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