THIS IS A COMPLETED SALE
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Big Virgin Island
Previous Page Listing ID#: 1326632

Auction Location
Thunder Bay, ON P7B 5E1

Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Friday Aug 27, 9:00 AM Bidding Ends: Thursday Sep 30, 2:00 PM

Auction Type
Online Auction VIEW ONLINE CATALOG

Company Information
GovDeals, Inc. Contact: Angela Jones Phone: 800-613-0156 Website: www.govdeals.com GoToAuction.com ID#: 10047 View company information and listings

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Listing Information
Big Virgin Island Address - Locations JK212 and JK213 on the central portion of Big Virgin Island (BVI), Lake Nipigon. BVI is in a undeveloped region of Northwestern Ontario on Lake Nipigon. Lake Nipigon is roughly 40 kilometers north from Trans-Canada Highway 17 and the community of Nipigon, Ontario. The site has two legal descriptions with their own Property Index Number (PIN) maintained by Teranet Inc.: 62504-1743 Parcel 9583 Thunder Bay Freehold, Summer Resort Location JK 213 62504-1744 Parcel 9582 Thunder Bay Freehold, Summer Resort Location JK 212 The two properties are currently considered united and would require public approval for subdivision. Land use is regulated directly by the Province of Ontario and the surrounding area is unorganized Crown land. BVI can be viewed by clicking here The coordinates are 49°28'40.9"N 88°13'32.0"W (49.478024, -88.225551) Lot size - 10-acre site (two 5-acre lots) Currently zoned as - Freehold/Unorganized Notable - Would require Provincial permission to split the property The seller shall have complete discretion as to whether to accept or reject any bid for whatever reasons it may, in its absolute discretion, consider appropriate. The seller reserves the right to negotiate with any bidder and to undertake concurrent negotiations with different bidders. The seller also reserves the right to cease accepting bids for the Property at any time. The seller will accept the offer which represents the best value. Factors considered in determining the value of an Offer to Purchase to the seller include, but are not limited to: the Purchase Price, any conditions set out in the Agreement of Purchase and Sale by the Purchaser and the time frame for completion of the transaction. For greater clarity, the highest Purchase Price will not necessarily be accepted by the seller. While it is understood that bidders may want to attach conditions to any bid they may submit, it is anticipated by the seller that the form of bid itself will not be amended and that any such conditions would be attached by way of schedule(s) to the final bid. The seller will not pay any commissions to any real estate agents in connection with the sale of the Property. To the extent that a bidder has retained the services of a real estate agent, any amount alleged to be owed to such agent shall be the sole responsibility and liability of such bidder, unless the seller specifically agrees otherwise in writing. This Auction represents the negotiation process to finalize the price the winning bidder is offering to pay. The winning bidder agrees that all items listed in this auction as above are included in the sale. Ministry guidelines have been followed for the auction of this property. PRICE REFLECTS CURRENT HIGH BID AND IS SUBJECT TO CHANGE AT ANY TIME DURING THE ONGOING AUCTION GovDeals is an Online Auction for Government Surplus - QAL#20895-2, Auction Ends 9/30/2021. To see full details, additional photos and current bid, please use this link - https://bit.ly/2XUMTYu *GovDeals.com - Bid on Government Auctions to buy Government Surplus. *

Listing Information

Big Virgin Island

Address - Locations JK212 and JK213 on the central portion of Big Virgin Island (BVI), Lake Nipigon.
BVI is in a undeveloped region of Northwestern Ontario on Lake Nipigon. Lake Nipigon is roughly 40 kilometers north from Trans-Canada Highway 17 and the community of Nipigon, Ontario.
The site has two legal descriptions with their own Property Index Number (PIN) maintained by Teranet Inc.:
62504-1743 Parcel 9583 Thunder Bay Freehold, Summer Resort Location JK 213
62504-1744 Parcel 9582 Thunder Bay Freehold, Summer Resort Location JK 212
The two properties are currently considered united and would require public approval for subdivision. Land use is regulated directly by the Province of Ontario and the surrounding area is unorganized Crown land.
BVI can be viewed by clicking here
The coordinates are 49°28'40.9"N 88°13'32.0"W (49.478024, -88.225551)
Lot size - 10-acre site (two 5-acre lots)
Currently zoned as - Freehold/Unorganized
Notable - Would require Provincial permission to split the property
The seller shall have complete discretion as to whether to accept or reject any bid for whatever reasons it may, in its absolute discretion, consider appropriate. The seller reserves the right to negotiate with any bidder and to undertake concurrent negotiations with different bidders. The seller also reserves the right to cease accepting bids for the Property at any time.
The seller will accept the offer which represents the best value. Factors considered in determining the value of an Offer to Purchase to the seller include, but are not limited to: the Purchase Price, any conditions set out in the Agreement of Purchase and Sale by the Purchaser and the time frame for completion of the transaction. For greater clarity, the highest Purchase Price will not necessarily be accepted by the seller.
While it is understood that bidders may want to attach conditions to any bid they may submit, it is anticipated by the seller that the form of bid itself will not be amended and that any such conditions would be attached by way of schedule(s) to the final bid.
The seller will not pay any commissions to any real estate agents in connection with the sale of the Property. To the extent that a bidder has retained the services of a real estate agent, any amount alleged to be owed to such agent shall be the sole responsibility and liability of such bidder, unless the seller specifically agrees otherwise in writing.
This Auction represents the negotiation process to finalize the price the winning bidder is offering to pay. The winning bidder agrees that all items listed in this auction as above are included in the sale.
Ministry guidelines have been followed for the auction of this property.

**PRICE REFLECTS CURRENT HIGH BID AND IS SUBJECT TO CHANGE AT ANY TIME DURING THE ONGOING AUCTION**
GovDeals is an Online Auction for Government Surplus - QAL#20895-2, Auction Ends 9/30/2021. To see full details, additional photos and current bid, please use this link - https://bit.ly/2XUMTYu
***GovDeals.com - Bid on Government Auctions to buy Government Surplus. ***

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Big Virgin Island

GovDeals, Inc.

Contact: Angela Jones
Phone: 800-613-0156

955 Oliver Rd
Thunder Bay, ON P7B 5E1

Listing Details
Big Virgin Island Address - Locations JK212 and JK213 on the central portion of Big Virgin Island (BVI), Lake Nipigon. BVI is in a undeveloped region of Northwestern Ontario on Lake Nipigon. Lake Nipigon is roughly 40 kilometers north from Trans-Canada Highway 17 and the community of Nipigon, Ontario. The site has two legal descriptions with their own Property Index Number (PIN) maintained by Teranet Inc.: 62504-1743 Parcel 9583 Thunder Bay Freehold, Summer Resort Location JK 213 62504-1744 Parcel 9582 Thunder Bay Freehold, Summer Resort Location JK 212 The two properties are currently considered united and would require public approval for subdivision. Land use is regulated directly by the Province of Ontario and the surrounding area is unorganized Crown land. BVI can be viewed by clicking here The coordinates are 49°28'40.9"N 88°13'32.0"W (49.478024, -88.225551) Lot size - 10-acre site (two 5-acre lots) Currently zoned as - Freehold/Unorganized Notable - Would require Provincial permission to split the property The seller shall have complete discretion as to whether to accept or reject any bid for whatever reasons it may, in its absolute discretion, consider appropriate. The seller reserves the right to negotiate with any bidder and to undertake concurrent negotiations with different bidders. The seller also reserves the right to cease accepting bids for the Property at any time. The seller will accept the offer which represents the best value. Factors considered in determining the value of an Offer to Purchase to the seller include, but are not limited to: the Purchase Price, any conditions set out in the Agreement of Purchase and Sale by the Purchaser and the time frame for completion of the transaction. For greater clarity, the highest Purchase Price will not necessarily be accepted by the seller. While it is understood that bidders may want to attach conditions to any bid they may submit, it is anticipated by the seller that the form of bid itself will not be amended and that any such conditions would be attached by way of schedule(s) to the final bid. The seller will not pay any commissions to any real estate agents in connection with the sale of the Property. To the extent that a bidder has retained the services of a real estate agent, any amount alleged to be owed to such agent shall be the sole responsibility and liability of such bidder, unless the seller specifically agrees otherwise in writing. This Auction represents the negotiation process to finalize the price the winning bidder is offering to pay. The winning bidder agrees that all items listed in this auction as above are included in the sale. Ministry guidelines have been followed for the auction of this property. PRICE REFLECTS CURRENT HIGH BID AND IS SUBJECT TO CHANGE AT ANY TIME DURING THE ONGOING AUCTION GovDeals is an Online Auction for Government Surplus - QAL#20895-2, Auction Ends 9/30/2021. To see full details, additional photos and current bid, please use this link - https://bit.ly/2XUMTYu *GovDeals.com - Bid on Government Auctions to buy Government Surplus. *