Tax Sales
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Frequently Asked Questions (FAQs)

The following information is provided in response to frequently asked questions only and shall not be construed as an interpretation of the Municipal Act or legal advice and it is not binding on the City.

 
Why is the City selling these properties?
As per provincial legislation, a municipality may recover unpaid property taxes through the sale of the property.  By the time a property is eligible for tax sale the property taxes are at least in their fourth year of arrears.
 
 

Can I really buy a property in Mississauga so cheaply?
Tax sales are not typical real estate transactions and there are risks associated with this type of transaction.  The City of Mississauga 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 advice from a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada, and conduct thorough research before submitting a tender.

 
 
Can the City recommend a lawyer that I may consult?
The City does not provide recommendations for legal counsel. 
 

What does "cancellation price" mean?
An amount equal to all tax arrears owing at any time in respect of land together with all current real property taxes owing, interest, penalties thereon, and all reasonable costs incurred by the City after the Treasurer becomes entitled to register a Tax Arrears Certificate under section 371 of the Municipal Act, 2001.


 
Up to what point can the owner pay the taxes and avoid the sale?
The owner can pay the "cancellation price" at any time up to the point in which the property is either transferred to the successful tenderer or vested to the City due to a failed tax sale.

 
How would I determine if there is a mortgage or any liens owed against the property?
It is the responsibility of the tenderer to search title at their expense. For information on title searches:
    Peel Land Registry Office
    1 Gateway Boulevard
    Brampton, ON L6T 0G3
    Phone: 905-874-4008
 

Am I able to view the property?
The City does not provide access to view the property. 
 

What is the condition of the property? What if the property is in poor condition?
Properties are sold AS IS. The City does not make any representation as to the condition or size of the property. 
 

What if there is debris, junk etc. on the premises?
Properties are sold AS IS. The purchaser is responsible for the removal of any debris, junk, etc. left at the property and any associated expense. 
 

What if the property is occupied? 
The City does not guarantee vacant possession.  Please contact a lawyer licensed to practice in Ontario and in good standing with the Law Society of Upper Canada.
 

What is the property assessed for and/or what are the annual property taxes?
Assessment and property tax information is available at:
www.mississauga.ca/portal/services/basicassessment


For additional information related to assessment:
    www.mpac.ca
    Municipal Property Assessment Corporation (MPAC)
    1-866-296-MPAC (6722)


For additional information related to property taxes:
    www.mississauga/ca/portal/services
 
    City of Mississauga
    3-1-1 or 905-615-4311 (outside city limits)

What are the annual utilities costs? 
The City does not have this information.
 

What other costs are payable to the City if I am the Purchaser?
The Purchaser is responsible for payment of any additional taxes, charges, penalties and interest that may be owing subsequent to the property being advertised for sale.  In addition, the successful tenderer is responsible for the land transfer taxes, registration fees and HST, if applicable. 

For additional information on Land Transfer Tax:
    Peel Land Registry Office
    1 Gateway Boulevard
    Brampton, ON L6T 0G3 
    905-874-4008
 

If I am not the highest tenderer, do I receive my deposit cheque back at the tender opening?
No deposit cheques will be released at the tender opening under any circumstances. Deposit cheques of unsuccessful tenderers will be returned by registered mail ONLY.
 

My tender submitted is much lower than others - why may I not receive my deposit cheque back at the tender opening?
The City must review all tenders for compliance with the requirements of the legislation and City processes following the public opening.  The highest tender may not be the successful tender. Tenders can be rejected for a variety of reasons including noncompliance with the legislation.  Lower tenders may be considered. 
 

Can I pick up my deposit cheque?
You cannot pick up your cheque. Deposit cheques of unsuccessful tenderers will be returned by registered mail ONLY. 
 

When will I know if I am the successful tenderer?
The successful tenderer will be notified by registered mail within 1 week following the public sale.  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. 
 

What happens if the successful tenderer does not follow through?
The successful tenderer's deposit is forfeited and the land is offered to the second highest qualified tenderer who has 14 calendar days from being notified by registered mail to pay the balance owing.
 

How do I get the keys for the property?
The City does not have a key to the property and is not responsible to provide one to the purchaser.
 

What happens to the property if the City does not receive any tenders?
The City has two years from the date of the failed tax sale to vest the property to the City or re-advertise the property for sale.
 

Does the City have information on previous tax sales?
See History of Tax Sale Results link below.

 

 




Related Links:
   History of Tax Sale Results


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