51.00 Acres
20520 A D Shadd Road
Merlin, Chatham-Kent, ON
Total Acres: 51.176 +/- Acres
Workable Acres: 49.5 +/- Acres - including 16.5 acres of newly replaced tile in 2016
Lot Size: 1135.91ft. x 1979.32ft. x 1117.04ft. x 1978.5ft.
Crops Grown : Soybeans, Wheat & Corn
Legal Description: SOUTHEAST 1/2 OF THE SOUTHEAST 1/2 OF LOT 9, CONCESSION 13, GEOGRAPHIC TOWNSHIP OF RALEIGH ; CHATHAM-KENT
Building Improvements: 1 ¾ storey 3-bedroom dwelling (uninhabited) with 2 large drive sheds – 40’ x 40’ with 15’ eaves, a 35’ x 46’ with 15’ eaves - all combined cover up to 1 acre of land. Gas, water, and hydro at road. Electricity to sheds presently disconnected.
Bidding opens Monday, March 27th, 2023 at 8 AM
Preview Monday, March 27th, 2023 from 11 AM - 3 PM
Auction begins to close Monday, April 3rd, 2023 at 8 PM
Please read the attached Buyer's Information Package (BIP) and sign and send back the BIP certification. BIP Certification must be signed and returned to the office before you are able to bid. If submitting the BIP Certification by email (info@greatwestteam.com), a valid copy of government issued driver's license must be included. The name on the ID must match the name on the BIP Certification.
Register here for online bidding after you return your signed BIP Certification.
PROCEDURES AND TERMS
1. All bidders and others attending this auction agree that they have read and fully understand the terms and agree to be bound thereby. These terms are in addition to all other posted information, if any. There will be a scheduled preview on Monday March 27 from 11:00 AM to 3:00 PM. Please call the office at 519-882-4554 to setup an appointment. If submitting the BIP Certification by email (info@greatwestteam.com), a valid copy of government issued driver's license must be included. The name on the ID must match the name on the BIP Certification.
2. Registration for the real estate auction will begin Monday March 27 @ 8 AM for 20520 A D Shadd RD the 51.176+/- Acre Farm. Anyone interested in bidding must register and obtain bidding card number.
3. Announcements by the Auctioneer or the Vendor at commencement of the auction will take precedence over any previously printed material or any other oral statements made by anyone employed by, representing, or associated with the Auctioneers.
4. Questions will be entertained only prior to the commencement of the auction proceedings. Please see a bid assistant for questions during the sale itself.
5. If any dispute arises between or among bidders, the decision of the Auctioneer shall be final and absolute.
6. Auctioneers reserve the right to reject any or all bids and reserve the right to bid on behalf of an absentee bidder. The existence of absentee bidders, if any, will be disclosed at the beginning of the auction. This property is being sold subject to owner's conformation.
7. Closing Costs: Purchaser will incur standard closing costs, as would be the case through and purchase of real estate in the province of Ontario.
8. HST: Harmonized Sales Tax will be applicable to Purchase Price on closing and will be paid by the Purchaser. (If applicable)
9. There is 3% Buyer's Premium to be paid by the Purchaser added to the purchase price, becoming the contract price.
10. HST applied to Buyer's Premium Portion
What Happens Next?
1. A deposit of $20,000 will be required from the successful bidder immediately following the auction. This amount need not be certified; however, the funds must be in the account upon which
the cheque is written at the time it is written. There is no charge to register for this auction.
2. Closing will be May 3, 2023, (30 days) as requested by vendor.
3. No conditions may be added to this agreement by the purchaser either at the auction or otherwise.
4. The purchaser's lawyer will be allowed until 2 weeks prior to closing to inspect title
5. There is 3% Buyer's Premium to be paid by the Purchaser added to the purchase price, becoming the contract price.
Disclaimer
Be advised that the information contained herein is to the best knowledge of the provider or was compiled from public information and is provided to you without warranties or representations of any kind, and the property if offered as is and where is, with all faults and that not warranties, or representations are made in connection with the property whatsoever.
Bidding Information
The auction of this piece of real estate will take place in the same manner in which you would expect to bid on a piece of personal property. You will have the opportunity to bid as many times as you like and upon conclusion the highest bidder will be declared the buyer subject to the approval of the vendor. The Auctioneer's decision is final.
John Stephens
