Why does the Town hold tax sales?
Tax sales are required by provincial law to recover unpaid property taxes so the Town can continue to provide essential services like roads, water, sewer, recreation, and public safety.
Can I prevent my property from being sold?
Yes. Property owners can stop the tax sale process at any time by paying all outstanding taxes, interest, and fees before the sale occurs.
Can I keep living in my home during the redemption period?
Yes. If your property is sold but is less than six years in arrears, you may remain in the home during the six-month redemption period, provided you do not interfere with the bidder’s lawful rights.
If I pay my taxes during the redemption period, what happens?
You keep your property. The purchaser will receive a refund of their purchase amount plus interest as set by legislation.
Do tax sales always result in someone losing their property?
Not always. In many cases, owners redeem their property before or shortly after the sale.
If I am the successful bidder, do I get immediate access to the property?
Not always. Access depends on whether the property is more than six years in arrears (immediate ownership) or less than six years in arrears (6-month redemption period applies).
Can I buy a property at a tax sale and resell it?
Once ownership is legally transferred to you, you may treat the property like any other investment and sell it if you choose.
Does the Town guarantee the condition of the property?
No. Properties are sold as-is, and the Town does not guarantee the condition of buildings or land.
