Pursuant to Section 645 of the Local Government Act, the following properties will be offered for sale by public auction at 10:00 am, Monday, October 7, 2024, in the Council Chambers of the Matsqui Centennial Auditorium, 32315 South Fraser Way, Abbotsford, B.C., unless delinquent taxes, plus interest thereon, are paid by cash, certified cheque, money order or bank draft prior to 4:30 pm, Friday, October 4, 2024. The lowest amount that the property may be sold for is the upset price, equal to the total of delinquent taxes, arrears taxes, current taxes, penalties and interest, and 5% thereon, plus applicable fees under Land Title Act.
Those who wish to bid on properties must register and pick up their bid card between 9:00 am and 9:50 am on Monday, October 7, 2024, at the Council Chambers of the Matsqui Centennial Auditorium.
All bidders must:
• Provide a bank draft payable to the City of Abbotsford for the maximum amount you will be spending at the auction to receive a bidding paddle (cash, debit cards, credit card, personal/business cheques are NOT accepted as form of payment)
• Provide photo identification, occupation, current contact information, social insurance number (individuals) or business number (corporations)
• If a bidder is successful in purchasing a property or properties, the successful bid price(s) will be deducted from the provided bank draft and a refund will be issued within a week if there is balance unused.
• If a bidder was unsuccessful at the auction, the bank draft will be returned to the bidder when they hand in their bid card.
Tax Sale will begin promptly at 10:00 am.
Properties sold at the tax sale may be redeemed by the owner up to October 7, 2025, in which case, the tax sale purchase price, plus interest, will be returned to the purchaser. For more information, contact the Tax Department at 604-864-5522 between 8:30 am and 4:30 pm, Monday to Friday.
The City of Abbotsford makes no representation, express or implied, as to the condition or quality of the properties being sold. Prospective purchasers are urged to be familiar with the properties and make all necessary inquiries to municipal or other government departments, and in the case of strata lots to the strata corporation, to determine the existence of any bylaws, restrictions, charges or other conditions which may affect the value or suitability of the property.
The purchase of a tax sale property is subject to tax under the Property Transfer Tax Act on the fair market value of the property.