Tenders close Noon, December 3, 2019


PSM Lawyers

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Land for Sale by Tender

The following land located approximately one mile northeast of the Lea Park Bridge in the County of Vermilion River, is offered for sale by tender subject to the restrictions on the existing Certificates of Title, but free and clear of any mortgage encumbrances. Both quarters are to be sold together. Title to minerals not included:

  • NW 24-54-3-W4: 158.97      titled acres with CVR Farmland Calculation Report showing all acres as      pasture. Soil is reported as thin black with clay loam subsoil. Rolling topography. Fenced.  Farmland Assessment Value of $18,820. 2019 taxes were $327.78. 

  • SW 24-54-3-W4: 160 titled acres with CVR Farmland      Calculation Report showing all acres other than yardsite as pasture. Soil is reported as thin black with clay      loam subsoil. Approximately 80      acres is cultivated and currently seeded to tame forage. Fenced. Farmland      Assessment Value of $19,120. Yard      site Assessment Value of $75,400 with a rural residence exemption of $50,200. 1948 one and one-half storey house,      approximately 1,242 sq ft, reported to be in fair condition. Main floor has a kitchen, living room,      bedroom, and a 4pc washroom. Second      floor has two bedrooms. Dirt      basement with concrete foundation. Stucco siding, some PVC windows. Asphalt shingles. Several outbuildings including 13’ x 24’ detached      garage with lean to, wood frame 16’ x 24’ machine storage shed, 30’ x 48’      hip roof barn, 40’ x 60’ pole shed, and a 26’ x 50’ garage.  Power, natural gas, water well, and      septic system. 2019 taxes were $790.54.

Entry to property is secured. For permission to view, please contact Sherry Gould 780.808.6232  All gates to remain closed as there may be livestock at large. Site was investigated for gravel in October 2019 and reported as being insufficient for commercial use, however there is a significant amount of accessible clay.

Property is sold in current condition. All equipment on site at time of possession accrue to the buyer unless otherwise agreed. Purchase price shall be subject to GST.  2020 property taxes responsibility of buyer. 

Please submit the bid document in a sealed envelope, accompanied by a bank draft or a certified cheque payable to “PSM Lawyers ‘In Trust’” for 5% of the total amount of the tender price, to:


5009 – 47th Street, Lloydminster, Alberta, T9V 0E8

Attention: Scott A. Polischuk  File: Gould Tender

Deadline for submission of tenders is Noon MST, Tuesday December 3, 2019. 

Highest or any tender not necessarily accepted. The successful bidder will be asked on acceptance to sign a land purchase agreement based on the accepted tender terms. If the purchaser does not complete the purchase by the closing date, the deposit shall be forfeited. 

The closing date and payment of the remaining portion of the purchase price shall be within 45 days following. The purchaser must be a GST registrant and will be responsible for GST reporting. Each party is responsible for their respective closing costs.

All bidders will be notified within 10 days of the close of tenders as to the disposition of the property and all unsuccessful tenders then returned. 

Additional information regarding the land is available by contacting Sherry Gould (780) 808 - 6232.