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Old 04-10-2015, 08:21 AM   #5
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Join Date: Sep 2007
Location: Calgary
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Originally Posted by OMG!WTF! View Post
Thanks for showing this link. I didn't know they had these. I can't find a deal in the lot based on those reserve prices though. I wonder what they do when they don't sell.
No problem. The Calgary and Edmonton sales are once a year but they have, if I remember correctly, a monthly sale for properties in smaller towns and rural properties. You can google Alberta Tax sales to find the site.

The way Ontario handles tax sales you don't actually have to be at the sale. You mail in a blind bid and the auctioneer opens all the bids and the property goes to the highest bidder. Not sure if there is a reserve bid in Ontario.

From the list, regarding what happens to unsold property.

"The City of Calgary may, after the public auction, become the owner of any parcel of land that is not sold at the public auction."
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