2024 Property Tax Sale Auction
NO TAX SALE IN 2024
As per the Local Government Act, the Town will auction properties with three years of outstanding taxes to the highest bidder at Tax Sale. The list of properties being auctioned will be advertised in local print media in September. It may also be posted to Town social media channels.
The tax sale scheduled for Monday, October 7, 2024 has been cancelled. Owners had until 10:00 a.m. that day to remove the property from Tax Sale by paying delinquent taxes owing.
If your property has delinquent taxes owing, contact us immediately at finance@comox.ca or call 250-331-2202.
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General Information
Properties potentially being offered for sale are not available for inspection prior to this sale. Please respect the privacy of the owners of the parcels.
Prospective bidders are advised that it is their responsibility to search the title of the property in advance to determine if there are any charges registered against the property.
The lowest amount (opening bid) for which a property may be sold at tax sale is the upset price equal to the total outstanding taxes owed to the municipality. The highest bidder above the upset price must be declared the purchaser.
Purchasers are advised that the Town of Comox will be an active bidder at this Tax Sale.
If there is no bid, the municipality must be declared the purchaser.
Payment of Tax Sale purchases must be by cash or certified funds and paid within two hours following the completion of Tax Sale.
After Tax Sale, owners retain rights during the redemption period including the right to possess the property; the owners have the right to remain living on the property.
Owners have a redemption period of one year from the date of the auction to redeem the property from Tax Sale. In order to redeem the property, the owner must pay all three years of taxes, fees, penalties and interest.
Purchasers of the properties at Tax Sale are subject to tax under the Property Purchase Tax Act. This tax will be calculated on the market value of the property at the time title is transferred to the purchaser. The administrator of the Property Tax Act will bill the purchaser directly for this tax.
For more information visit the Provincial website for further details.