Property Tax Sale in Ontario

Property Tax Sale in Ontario

Rental Property Investor · Windsor, ON · Member since 2017 · 7 posts · 5 votes

Has anyone completed a property tax sale in Ontario? This is where the city tenders the house of the home owner who has not paid taxes and sells it to recoup unpaid taxes.
question 1) what happens to the mortgage that's still on the property (if there is one) 2) what happens with the lien on the property 3) how did/can you get possession what's the best way?
by the way if anyone knows how to or can help me move this in the Ontario forum please let me know I can't figure it out

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  • Toronto ON, Canada · Member since 2015 · 33 posts · 7 votes
    8y

    Great question, this seems like a great opportunity! Would love to hear from anyone who has completed this type of purchase.

    Would also like to know where to find these properties? Is there a listing in municipal or provincial offices? Auction? 

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