Tax Sale Information – 20 Bannister Street

The City of Mount Pearl will hold a public auction for the property at 20 Bannister Street due to tax arrears. The auction will take place on Wednesday, February 26, 2024, at 10:00 am in the Council Chambers, 3 Centennial Street, Mount Pearl.

The minimum bid is set at $53,991.30, and the successful bidder must also pay the 2025 municipal taxes of $1,396.52 at the time of purchase.

A deposit of the minimum bid amount is required at the auction, with the balance due within 30 days. Prospective bidders should verify the suitability of the property for their purposes.

Property Details

*Subject to change under 2025 Municipal Plan.

The City of Mount Pearl announces a public auction for a property located at 20 Bannister Street. This sale is being conducted due to tax arrears in accordance with the City of Mount Pearl Act, RSNL1990, c. C-16.

Auction Details

• Date: Wednesday, February 26, 2024
• Time: 10:00 AM
• Location: Council Chambers, 3 Centennial Street, Mount Pearl
• Minimum Bid: $53,991.30
• Additional Costs: 2025 Municipal Taxes – $1,396.52 (due at time of purchase)

Terms and Conditions

• The successful bidder must provide a deposit equal to the minimum bid amount via cash, certified cheque, or bank draft
• Balance of purchase price due within 30 days of auction
• HST charges apply where applicable
• Property sold as-is; buyers encouraged to verify property suitability

Note: Sale may be cancelled if tax arrears are paid prior to the auction date.

Contact Information

For further inquiries, please contact:

Stephanie Walsh
Legislative Officer-City Clerk
Phone: 748-1148
Email: swalsh@mountpearl.ca