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Bid History for School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON
Auction Start Date: 06/05/18 12:20 PM ET
Auction End Date: 06/20/18 12:00 PM ET
Asset ID: 41   Number of Bids: 0

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School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON

School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON  More media
Auction Ends: 6/20/18 12:00 PM ET
Remaining: 1 Day 17 Hrs
This item is subject to an auto
extension of the auction end time.
Refresh Bid & Time
* HST 13.0000%
Buyer's Premium: 5.00%
Starting Bid: C $120,000.00
Bid Increment: C $100.00
Minimum Bid: C $120,000.00
Approx. US $93,120.00
* HST is applied to the sale price, Buyer's Premium and other related fees.
Terms and Conditions

2,128 visitors
Condition Category
See Description Real Estate
139 White Oak Dr W, Sault Ste. Marie, ON

• Lot size – approximately 3.19 acres
• Building square footage – approximately 17,800 square ft
• 1958 – original building, consisting of 4 classrooms
• 1959 – 2 classroom addition
• 1965 – original gymnasium built
• 1994 – classroom addition, plus a larger library built
• 2002 - gymnasium addition

Items seen in images or video NOT included with property/building - Any furniture and equipment

Please see school drawings, with dates and additions and property pdf document attached

Please see asbestos report pdf document attached

Please read and understand the "Agreement of Purchase and Sale Commercial" document attached before placing your bid.

The Board 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 Board reserves the right to negotiate with any bidder and to undertake concurrent negotiations with different bidders. The Board also reserves the right to cease accepting bids for the Property at any time.

HURON SUPERIOR CATHOLIC DISTRICT SCHOOL BOARD (the “Board”) will accept the offer which represents the best value to the Board. Factors considered in determining the value of an Offer to Purchase to the Board 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 Board.

While it is understood that bidders may want to attach conditions to any bid they may submit, it is anticipated by the Board 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 Board 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 Board 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.

Additional Info: St Ann H424.pdf,   St Ann FPM.pdf,   Agreement of Purchase and Sale Commercial.pdf,   St Ann asbestos report.pdf,   St Ann PIN.pdf
Seller InformationSeller Information
Seller Name: Huron-Superior Catholic District School Board, ON
Asset Location: 139 White Oak Dr W
Sault Ste. Marie, Ontario P6C 2H7
Map to this location
InspectionInspection
Bidders may inspect the property prior to bidding.  Asset(s) may not be located at address listed, please confirm location with seller.  

Inspection is by appointment only.  Please click "Ask a Question" to schedule an appointment.  Bidders showing up without a scheduled appointment will not be granted access.

PaymentPayment
Wire Transfer
Wire Transfer is the only payment option for this item. The Wire Transfer Transaction Summary page will provide payment and account information. The Wire Transfer must be completed within 5 days.

A firm closing date will be no more than 60 days from the close of auction.

MediaMedia
School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON School & Property for Sale - 139 White Oak Dr. W., Sault Ste. Marie, ON
Special InstructionsSpecial Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this sellers terms and conditions your account with GovDeals WILL BE LOCKED.

Guaranty Waiver. All property is offered for sale 'AS IS, WHERE IS.' Huron-Superior Catholic District School Board, ON makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.

Description Warranty. Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for misdescription must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of the seller shall not exceed the actual purchase price of the property.

Attention Non Canadian Bidders:  

Please be aware that the seller cannot provide exporting or importing procedure assistance.  You may visit the  Canadian Border Services site for information on exporting from Canada.  If importing into the US, you may visit the US Customs & Border Protection website at U.S. Customs and Border Protection for information about requirements,.  Seller also cannot provide import or export classifications.  

For exporting procedures help, any reputable freight forwarder can provide valuable assistance, please Click here to see list of freight forwarders for your convenience.

Questions and AnswersQuestions and Answers
Q: Can this school be rezoned commercial or residential ,or this has o remain a school with various uses. (3/1/18 5:18 PM)
A: It can be rezoned. You would have to check with the City of Sault Ste Marie. (3/2/18 8:43 AM)

Q: Is the current zoning as Institutional,or is it zoned as a school,where price school is allowed. (3/16/18 8:07 PM)
A: The property is currently zoned as a school. (3/19/18 1:05 PM)

Q: Are property taxes to be paid on property after sale if usage and zoning does not change (4/18/18 3:57 PM)
A: You would have to check with the City of Sault Ste Marie. (4/18/18 4:13 PM)

Q: When is the roof due for replacement? (4/23/18 10:27 AM)
A: The roof was last replaced in 1987. (4/23/18 12:07 PM)

Q: What type of flat roof is it...i.e. rubber, bitum etc...? (4/23/18 12:49 PM)
A: Built up asphalt roof. (4/23/18 1:25 PM)

Q: What are the average monthly costs for heating in winter? Electricity and gas costs? (5/27/18 11:09 AM)
A: Annual heating, electricity and water costs have been approximately $30,000. (5/28/18 9:57 AM)

Q: what area does it have basement or crawl space if any? (6/5/18 10:37 PM)
A: No basement or crawl space. (6/6/18 9:32 AM)

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