$195,000

JUDICIAL SALE OF MORTGAGED LANDS

Red Deer,
Posted 2 hours ago
Description
The following property is offered by sale by tender subject to the restrictions in the existing certificate of title, namely:

CONDOMINIUM PLAN 9223783
UNIT 11
AND 894 UNDIVIDED ONE TEN THOUSANDTH SHARES IN THE COMMON PROPERTY
EXCEPTING THEREOUT ALL MINES AND MINERALS

062 374 742 24/08/2006 MORTGAGE

The property is an apartment style condominium unit with 2 bedrooms and one bathroom located on the third floor with a view of the lake. The property is located in an established residential/recreational area near the downtown core of Sylvan Lake, with good access to shopping and the water. The subject property is municipally located at 311, 5135 Lakeshore Drive, Sylvan Lake, Alberta, T4S 1E2. The asking price for the property is $195,000.00. For further details, interested parties may refer to the Affidavit of Value and Valuator’s Report filed in these proceedings by contacting Tyler Bond at tyler.bond@gowlingwlg.com or judicial.sales@gowlingwlg.com.

Tenders in sealed envelopes referencing the Court file number 2601-06476 accompanied by your address for notification and a certified cheque, money order or cash for 10% of the amount of the tender must be in the hands of the Clerk of the Court, Calgary Courts Centre at 9th Floor, North Tower, 601 - 5 St. SW, Calgary, Alberta, by 12:00 noon on JULY 23, 2026.

The next hearing in this action will be held on JULY 30, 2026, at the courthouse located at Calgary Courts Centre at 9th Floor, North Tower, 601 - 5 St. SW, Calgary, Alberta, at 10:00 a.m. or so soon thereafter as counsel for the Plaintiff may be heard, at which time the Plaintiff may apply for a Foreclosure Order, an Order for Sale to the Plaintiff, an Order accepting any tender received, and/or an Order rejecting any tender received.

The balance of the purchase price shall be paid into Court within 30 days, if your tender is accepted. You will be notified of the date and time when the Court will consider your tender. If your tender is accepted and you do not complete the purchase within the 30 days then your deposit will be forfeited.

The successful tenderer shall take the mortgaged lands as is. No warranties of any kind are made with respect to the mortgaged lands. Prospective tenders are not entitled to inspect the property and must not disturb the occupants of the property. The highest or any tender not necessarily accepted. The deposits of unsuccessful tenderers will be returned to them.

When you call, please mention you found this ad on OKZ.ca

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