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RSS FeedsOntario wants to speed the sale of more than 200 surplus properties. But the process isn´t always easy
(The Star Toronto Raptors)

 
 

26 december 2018 07:38:10

 
Ontario wants to speed the sale of more than 200 surplus properties. But the process isn´t always easy
(The Star Toronto Raptors)
 


Maybe you’re wondering if, with a few strategic renovations, an abandoned OPP detachment could be made over into the perfect summer getaway. Perhaps you envision a block of condos on the site of a decommissioned hospital.Those are the type of publicly owned properties the Ontario government says it wants to sell. There are 243 on a list of buildings and land owned by Ontario taxpayers that are on a provincial surplus list.The Progressive Conservative government announced this month that, as part of its mission to cut red tape, it was speeding up the sale of those properties to raise between $105 million and $135 million for the public purse over four years. The divestiture would also save about $9.5 million annually in maintaining unused property, said Government and Consumer Services Minister Bill Walker. Toronto Star readers wanted to know which public assets were being sold and the asking prices. But getting that information has proved a lot more complicated than looking for a home on a website like Realtor.ca.While Walker’s office provided the Star with a list of the 243 properties being readied for sale, that information wasn’t posted online. A spokesperson for the minister said the list was being translated and prepared for posting. That list includes properties that are in various stages of the sales process — some have been recently sold, others are under contract, others are undergoing due diligence and targeted for future sale, according to the minister’s office.In many cases it is impossible to determine from the list what is actually on the property, if anything. One line is listed simply as, “Toronto — Tapscott Rd. and Passmore Ave.”Read more: Province wants to speed sale of 243 surplus propertiesToronto council approves using 11 surplus properties for affordable housingFor properties actually being marketed for sale, the government referred us to the Infrastructure Ontario website. As of Monday, it in ...


 
72 viewsCategory: Sports > Ball Sports > Basketball > NBA > Toronto Raptors
 
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Want to buy an abandoned OPP detachment? A decommissioned hospital? The Ontario government wants to sell them
(The Star Toronto Raptors)
 
 
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