Bidding Notice:

Bidders can place a 'Trigger Bid' (pre-emptive) monetary amount only in the last 72 hours of a sale, giving all other bidders only an additional 24 hours to beat the 'Trigger Bid' placed. All bids must be in prior to the end of the sales event. AGENT/BROKER PROTECTED – CALL FOR DETAILS.

Auction Notice:

"The owner covenants with the Town to observe and comply with the following restriction, the burden of which shall run with the lands described in paragraph 2 herein: To the intent that the wood lot on the said lands shall be preserved, except as may be required.for the development of the lands for single residential purposes with accessory buildings including a barn, the owner covenants and ... Show More

Auction Information
Name 7579 COUNTY RD 18
Auctioneer
Type Online-Only Auction
Date(s) 7/15/2021 - 8/4/2021
Auction Date/Time Info
July 15th, 2021 - July 29th, 2021
Preview Date/Time online walk through, virtual scheduled zoom calls.
Location
Description
PUBLIC SALE - CONFIRMATION AUCTION SALES EVENT - RESERVE BID $550,000.00 CDN A RARE OPPORTUNITY TO OWN A WOODED RESIDENTIAL BUILDING LOT – (12.1 ACRES) THE SALE OF THE SUMMER, A QUITE PRIVATE HIDDEN SECLUDED BUILDING LOT FOR A SINGLE RESIDENTIAL PURPOSE USE, WITH ACCESSORY BUILDINGS INCLUDING A BARN. THIS LOCATION IS AN ABSOLUTE GEM ON A COUNTY RD 18, HARROW ON, WHICH MAKES THIS PERFECT FOR HOBBY HUNTING, ESTABLISHED MARKED TRAILS THAT IS FLOURISHING WITH WILD GAME. THIS QUIET AND PEACEFUL SECTION OF LAND THAT BRINGS ALL SORTS OF DEER, WILD TURKEY, RABBIT AND THE LIST GOES ON. THE LAND CONSISTS OF LARGE MATURE MAPLE TREES TO BUILD YOUR DREAM HOME LOCATED IN NATURES INTENDED PURPOSE OF PEACE AND TRANQUILITY. PROPERTY INFORMATION: City/Town: Harrow, County of Essex Province of Ontario PIN: 01529 – 0207 LT DESCRIPTION: PT LT 9 CONC 6; COLCHESTER SOUTH PTS 1, 2 & 3 PL 12R20245; ESSEX. ADDRESS: 7579 COUNTY RD 18, HARROW ONTARIO Zoning: A1.1 Lot Size: 527,517.21ft2 (12.110 Perimeter: 3,274.28ft ac) 1,188.16 ft. x 434.91 ft. x 1,203.78 ft. x 447.46 ft. Taxes: $603.48 Utility Sewer: Septic Water: Municipal water Community Features: Quiet Area, School Bus Amenities Nearby: Beach, Park, Playground ALL AUCTION BIDS MUST BE IN BEFORE: AUGUST 4TH, 2021. 5:00 pm Sharp. The successful bid will be subject to a 10% Buyer’s Premium in addition to the successful bid price. The successful bidder will provide a deposit in the amount of 10% Buyer’s Premium plus HST payable to “Laing & Associates” on THURSDAY AUGUST 6TH, 2021, at the close of auction, as well as sign an Agreement of Purchase and Sale reflecting the successful bid terms. The successful bid price will be exclusive of HST and the transaction will be subject to payment of HST, unless the successful bidder is self-assessing for HST purposes at the time of closing. *All information noted has been researched to the best of our ability. However, all registered bids should verify and confirm all necessary information by their legal counsel and or any municipal authorities. AGENT/BROKER PROTECTED – CALL FOR DETAILS
AGREEMENT OF THE TERMS AND CONDITIONS OF THIS ROUP SALES EVENT IS A REQUIREMENT FOR REGISTRATION AND THE PARTICIPATION IN THIS ROUP SALE. A BIDDING NUMBER WILL ONLY BE ISSUED ONCE YOU HAVE REGISTERED AS A BIDDER AND HAVE SUBMITTED A BID. ROUP SALES EVENT CLOSES DATE: August 4th, 2021 @ 5:01 PM EST. This is an ONLINE - ROUP SALE, with bids accepted from: 07/15/2021 - 08/04/2021 THE “GOODS” TO BE SOLD: Specifically identified as the Goods in the listing online. NATURE OF ROUP SALES EVENT: It is an on-line auction with viewings to be arranged by appointment. The Goods to be auctioned will only be sold individually and piecemeal if no satisfactory bid is received by the Auction Date for the single lot. RESERVE BID: This is a confirmation ROUP SALE, meaning that the Seller has an undisclosed minimum amount expected to be received for the single lot, bulk sale of the Goods, failing which the Goods will be sold individually and piecemeal. VIEWING: The Goods can be viewed virtually on-line or, alternatively, physically, by appointment, on a date and time to be arranged. PAYMENT: Payment must be received no later than 12:00PM on Friday July 30th, 2021. Payment to be made by wire transfer, e-transfer, bank draft or certified cheque. REMOVAL: Any Goods must be picked up and removed on or before 3 business days from being notified by the Auctioneer, on a day and time to be set by appointment. BUYER’S PREMIUM: A Buyer’s Premium is due, in addition to the successful bid price, calculated @ 10% of the successful bid price + HST. I, THE UNDERSIGNED, ACKNOWLEDGE AND AGREE AS FOLLOWS: 1. Any bid that I make on the Goods is considered a binding, irrevocable and unconditional offer to purchase the Goods; 2. This is a Confirmation ROUP SALE, meaning that the Seller has an undisclosed minimum amount expected to be received for the sale of the Goods, referred to as the “Reserve Bid”, and that my bid will be subject to the Seller’s approval should it be less than the Reserve Bid; 3. I understand that the auctioneer is under a duty to advance the bid up to at least the amount of the Reserve Bid, but not in excess of that. I understand that if the bids fall below the Reserve Bid, the Seller reserves the right to end the auction without the Goods being sold; 4. All bids are final at ROUP SALE EVENTS; 5. All Goods are sold “as is, where is” without warranty or guarantee; 6. The effect of any sale of any goods at auctions is immediate. If my bid for the Goods herein is the successful bid, I immediately become the owner of the Goods and subject to the obligation to pay. There is no “cooling off” period, meaning that if I am awarded the final bid, ownership changes hands the moment the auctioneer says “Sold”. I am solely responsible for the Goods from that moment onward, including the obligation to pay, remove, and transport the Goods. 7. No bidder, including myself, can retract a bid made during the ROUP SALE for any reason; 8. I will pay the Buyer’s Premium in addition to my successful bid price. The Buyer’s Premium is calculated @ 10% of my successful bid price + HST. 9. All payments are payable by certified cheque, bank draft, credit card, wire or electronic transfer to “Laing & Associates in Trust”; 10. If I am paying by electronic transfer, I will email the transfer to dlaing@lainglegal.ca together with the release question answer “ROUP SALE”; 11. Should I default on a payment in any manner whatsoever, I understand and agree that I am responsible for the payment of the legal fees of Laing & Associates, both for the conduct of the auction and the collection of the bid price due; 12. My credit card information is being provided so that, regardless of what mode of payment I designate below, in the event that any payment obligations remain unpaid as of the due date specified above, such payments can be charged against my credit card; 13. I further understand, acknowledge and agree that should I default in payment in any manner whatsoever on the purchase of the Goods, I may also be liable to the Seller for any damages that he or she may incur as the result of my default; 14. I understand and agree that time is of the essence. I understand that in the event that I do not pay the full successful bid price together with the Buyer’s Premium by the date specified above, Laing & Associates will proceed with a sale of the Goods to another buyer without further notice to me and I will have no right to limit, restrict or delay the sale of the Goods to another buyer and I will be responsible for the dollar value difference between my successful bid and any subsequent sale price of the Goods; 15. I warrant and guarantee that any payments that I make through a credit card will be verified and paid by my credit card provider and I will not dispute these charges with my credit card provider at any time subsequent to authorizing them; 16. I acknowledge that any representations made by the offices of Laing & Associates or members of their staff, whether verbal or written, are representations that came from the Seller, their client, and that the offices of Laing & Associates have no obligation to verify or authenticate such statements or representations and I release and save harmless the offices of Laing & Associates from liability relative to any dispute that may arise in this regard; 17. I understand and acknowledge that any announcements or notices made during the course of the ROUP SALE supersede any previous announcements or notices, whether written, verbal or online; 18. I understand and acknowledge that any decisions made by a representative of Laing & Associates, while acting as auctioneer during the course of the auction, relating to any concerns or matters arising from the ROUP SALE, are final and binding and not subject to dispute; 19. I understand and acknowledge that should I ever fail to make a payment that is due in accordance with these terms, I will be blocked from bidding in any future auctions conducted by Laing & Associates; 20. I understand that I have no right to a Bidding Number unless and until I acknowledge and comply with these terms. I understand that, once a Bidding Number is issued to me, I have sole and complete responsibility for the Bidding Number issued to me. I understand that this means that I will be responsible for any bids made with my issued Bidding Number, whether they are made by me or not. 21. I acknowledge and understand that this means that I must responsibly protect the Bid Card that is given to me with my Bidding Number on it. I acknowledge and agree that I will be responsible for paying any successful bids made with my Bid Card and Bidding Number. 22. I acknowledge and agree that it is my responsibility to immediately notify the auctioneer in the event that I lose or misplace my Bid Card so that the auctioneer can cancel my Bidding Number. 23. Neither the Auctioneer, Laing & Associates, nor the Seller or Consignor, makes any warranties or representations of any kind with respect to the Goods and in no event will they be held responsible for having made or implied any warranty of description, genuineness, authorship, attribution, provenance, period, culture, source, origin, condition, etc. of the Goods; 24. I acknowledge that should my bid be successful, I will be responsible for the removal of the Goods by the date specified above. In this regard, I acknowledge that I will be responsible for arranging shipping or the pick-up of the Goods at my expense, liability and risk. I acknowledge that, even though a representative of the Auctioneer may be present to give me access for pick-up of the Goods, the representative cannot and will not assist me in removing the Goods, and that I will be responsible for bringing my own crew and satisfactory vehicles for this purpose; 25. I agree to provide the information below and acknowledge that some of the information may be utilized to notify me of future or upcoming auctions but is primarily required to enable compliance with the terms and provisions set out herein; NOTE: All sales final, sold as is, where is. No refunds. An applicable Buyer’s Premium will be added to each purchase. Payment is due in full on receipt of invoice. Wire Transfer, E-Funds ONLY. Buyer is responsible for any and all costs of shipping/transportation or freight. 10% Buyers Premium, plus 13% HST will be charged on all items.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 CAD
95.01 - 975.00 25.00 CAD
975.01 - 9,750.00 250.00 CAD
9,750.01 - 97,500.00 2,500.00 CAD
97,500.01 - 9,999,999.99 10,000.00 CAD
Currency CAD
Payment Terms
SEE AUCTION NOTICE
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.