This page will outline the procedure and sale of municipal lands in the City of Mississauga and give an example of buying a tax sale property in the City of Mississauga, Ontario, Canada
The Sale of Land by Public Tender in the City of Mississauga is governed under the Municipal Act, 2001
Normally the sale of the land has a deadline date for submission of your offer/bid and are normally given as a date and time and location of the bid.
It is incumbent upon you to investigate and determine all aspects of the land that is being offered for sale in the City of Mississauga and these items may include but are not limited to.
Some of the items that you are solely responsible for and obligated to determine are:
The sale of land for tax arrears by public tender is governed by the Municipal Act, 2001, S.O. 2001, c.25, including Ontario Regulation 181/03. A municipality may recover unpaid property taxes through the sale of a property. By the time a property is eligible for tax sale, the property taxes are at least in their fourth year of arrears.
Tax sales are not typical real estate transactions. The City is only interested in recovering unpaid taxes and is not obligated to obtain fair market value. Prior to considering participating in a tax sale, it is recommended that you seek independent legal advice from a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada.
The City is not aware of the condition of a property being advertised for sale nor does the City make any representation as to its condition. The City does not provide a survey or reference plan for any parcel of land subject to a tax sale.
The City is not required to provide vacant possession of any properties which may be occupied and accordingly, the purchaser should contact their lawyer.
The onus is on the tenderer to conduct his/her own inquiries into the characteristics and conditions of the property including zoning, access, work orders, water/hydro and other arrears, building restriction, title problems, liens, etc., each of which may survive the tax sale. The City makes no representations whatsoever as to the quality and/or size of the land being purchased.
Properties sold through the tax sale process are sold without warranty and are sold as is.
The City does not provide access to properties that are subject to a tax sale. The City does not have a key to the property and is not in a position to provide one to the purchaser.
The City does not provide legal advice in respect of tax sales or any other matters.
Tender Process
Tax sales are conducted through a public tender process. Tenders must be submitted in a sealed envelope prior to the specified time using prescribed Form 7, Tender to Purchase as per the Municipal Act, 2001. The tender must include a deposit of at least 20% of the tendered amount in the form of a money order, bank draft, or cheque certified by a bank or trust corporation.
Tenders are opened in a public forum on the date and time advertised. Following the opening, the City reviews all tenders for legislative compliance and determines the two highest qualified tenderers. Rejected tenders are returned by registered mail to the tenderer along with their deposit and reason for rejection.
The City will notify the highest tenderer of the balance to be paid in order for the tenderer to be declared the successful purchaser. The balance due must be paid in full within 14 calendar days of the mailing date of the notice. Upon receiving notification, the highest tenderer should immediately retain a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada. If the balance is not paid within the 14 days, the tenderer’s deposit is forfeited and the property is offered for sale in the same manner to the second highest qualified tenderer.
If there is no successful tenderer, the lands may vest to the City.
The City reserves the right to withdraw any property from the tax sale process at any time prior to registration of a tax deed without notice.
Take Notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on Wednesday, February 20 at Materiel Management, Corporate Services Department, 4th Floor, 300 City Centre Drive, Mississauga, Ontario.
The tenders will then be opened in public on the same day at 4:00 p.m. in Committee Room “B” (located on 2nd floor) at Mississauga City Hall, 300 City Centre Drive, Mississauga, Ontario.
Description of Lands:
1. Legal Description: Part of Lot 2, Concession 4, West of Hurontario Street, Toronto
Township, designated as Part 1, Reference Plan 43R13571,
City of Mississauga, Regional Municipality of Peel - (PIN: 13196-0850 (LT))
Roll No.: 21-05-040-097-16690-0000
Municipal Address: 0 Barbertown Road, Mississauga
Minimum Tender Amount: $ 5,921.74
(Set out the cancellation price as of the first day of advertising)
2. Legal Description: Block E, Plan 967,
City of Mississauga, Regional Municipality of Peel
(PIN: 13356-0047 (LT))
Roll No.: 21-05-060-128-61600-0000
Municipal Address: 0 Callum Avenue, Mississauga
Minimum Tender Amount: $ 54,961.54
(Set out the cancellation price as of the first day of advertising)
3. Legal Description: Units 2-13, 15-59, 62-89, 92, 96-101, 109-147, 150, 151, 153-164,
Level A, Peel Condominium Plan No. 294,
City of Mississauga, Regional Municipality of Peel
Roll No.: 21-05-040-155-01485-0000
Municipal Address: 2000 Credit Valley Road, Mississauga
Minimum Tender Amount: $ 526,623.07
(Set out the cancellation price as of the first day of advertising)
4. Legal Description: Block 15, Plan 43M1198
City of Mississauga, Regional Municipality of Peel
(PIN: 13185-0196 (LT))
Roll No.: 21-05-040-096-55098-0000
Municipal Address: 0 Hollymount Drive, Mississauga
Minimum Tender Amount: $ 7,816.84
(Set out the cancellation price as of the first day of advertising)
5. Legal Description: Block 72, Plan 43M452
City of Mississauga, Regional Municipality of Peel
(PIN: 13448-0114 (LT))
Roll No.: 21-05-020-024-34010-0000
Municipal Address: 0 Lakeshore Road West, Mississauga
Minimum Tender Amount: $ 29,987.58
(Set out the cancellation price as of the first day of advertising)
Results of some recent tax sales in Mississauga
Sale Date |
Roll No |
Address |
Minimum Tender($) Required |
Result |
September 19, 2019 |
21-05-01-0-016-00700 |
0 Webster’s Lane |
$347,630.54 |
Failed |
September 19, 2019 |
21-05-02-0-040-47700 |
2674 Sherhill Drive |
$42,650.12 |
Cancelled |
September 19, 2019 |
21-05-04-0-117-24305 |
0 Edwards Blvd. |
$75,209.23 |
$165,000.00 |
September 19, 2019 |
21-05-04-0-200-25484 |
550 Webb Dr., Unit 801 |
$27,375.63 |
Cancelled |
September 19, 2019 |
21-05-05-0-107-29133 |
7405 Goreway Dr. LOCKERS |
$13,545.13 |
$13,550.00 |
September 19, 2019 |
21-05-06-0-149-20000 |
3584 Queenston Dr. |
$35,996.40 |
$508,700.00 |
September 19, 2019 |
21-05-07-0-165-04500 |
0 First St. |
$46,195.75 |
$406,000.00 |
May 10, 2018 |
21-05-040-144-06723 |
4200 Perivale Rd. |
$35,947.03 |
Cancelled |
May 10, 2018 |
21-05-04-0-152-04002 |
765 Queensbridge Dr. |
$44,176.63 |
Cancelled |
May 10, 2018 |
21-05-04-0-200-39061 |
200 Burnhamthorpe, Unit 803 |
$28,638.55 |
Cancelled |
May 10, 2018 |
21-05-04-0-200-43564 |
25 Kingsbridge Garden Circle, Unit 515 |
$28,330.62 |
Sold - $281,010.00 |
May 10, 2018 |
21-05-05-0-108-15300 |
6953 Justine Dr. |
$39,998.84 |
Cancelled |
May 10, 2018 |
21-05-05-0-109-02700 |
3397 Capricorn Cres. |
$34,538.72 |
Sold - $456,000.00 |
May 10, 2018 |
21-05-06-0-132-15401 |
0 Comet Court |
$15,387.71 |
Cancelled |
May 10, 2018 |
21-05-06-0-146-21000 |
1010 Forestwood Dr. |
$57,023.08 |
Sold - $532,678.00 |
May 10, 2018 |
21-05-15-0-090-16100 |
0 Grossbeak Dr. |
$25,543.91 |
No bids |
Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order, bank draft or cheque certified by a bank or trust corporation payable to The Corporation of the City of Mississauga and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The municipality has no obligation to provide vacant possession to the successful purchaser.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, the relevant land transfer tax, and HST (GST+PST) if applicable.
For further information regarding this sale and a copy of the prescribed form of tender contact the person named below and reference file number
Name of Municipality or Board
The Corporation of the City of Mississauga
Address of Municipality or Board
Corporate Services Department, Materiel Management
4th Fl., 300 City Centre Dr., Mississauga, ON L5B 3C1
In a nutshell, City of Mississauga Tax Sales and tax sale tenders and tax sale auctions allow investors the opportunity to obtain real estate property by purchasing the outstanding property taxes that are due to the municipality. When the buyer pays off these past due taxes this can eventually result in full ownership of the property. At the very least, buying a tax sale property can allow investors great assurance of some return of their original investment, plus some profit if they investigate the property thoroughly and perform their due diligence. If you would like to have tax sale properties sent to you, please use this link to have Power of Sale MLS properties delivered to your email
The real estate taxes assessed by the local taxing authority have the primary lien on the property. This primary lien means that they are the first to be paid from any sale of the property. This lien also allows the taxing authority—or their assigned agent—to foreclose on the property if the property taxes are not paid and sell the property in an attempt to recoup the outstanding property taxes owed.
Use this link to have Power of Sale MLS properties delivered to your email
Thus, you will benefit from using the services of a selling agent such as myself to help you through all the complexities of purchasing a power of sale property and to represent your best interests for your purchase. My obligation is to help you obtain the property at the best price and terms for you. Let's begin!
(Some area restrictions may apply)
You may wish to learn more and read a very detailed analysis of Power of Sale Properties
Power of Sale and Tax Sale properties - questions and answers
Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale | All Pages including Mississauga Real Estate Blog all maintained by info@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434 First created - Tuesday, July 16th, 1996 at 3:48:41 PM - Last Update of this website: Monday, January 1, 2024 9:34 AM
At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and / or Meadowvale ) Ontario, Canada Real Estate Homes and Property Internet web site you will find relevant information to help you and your family.