Quiet Elegance | Surrounded by Mature Trees | 15 Private Acres | 2 Expansive Ponds | Helipad | Heated Indoor Pool | Sauna | Hot Tub | Games Room | Nanny Loft or in-law Suite |6 bedrooms | 6 Bathrooms | 3 Fireplaces | 2 Wood Fired Stoves | 4 Wet Bars | 2 Kitchens | 2 Laundry | Den | 5 Car Garage | 7000+ sqft |Own a piece of Canadian History! Continue the story of this meticulously updated & renovated, Custom-Quality Craftsmanship, 7000 sqft, Luxury Country Estate. Bid on your chance to escape the city to your very own gated privacy providing high end appliances, solid wood cabinetry and granite counters. Relaxation and tranquility awaits on the manicured 15 acre picturesque setting. Special attention paid to detail with all the modern amenities including security & tech controls with Integrated Control 4 System for advanced multi-point control of lighting, alarm, security camera and audio/video. European wrought iron front automated gates with Telecom System leads you down a paved entrance adorned by lush greenery leading up to a circular drive continuing to the Helipad. The 2 bedroom loft with kitchen & separate entrance can be used as a nanny suite, in-laws or groundskeeper. Minutes to Hwy 400, 20 minutes to Pearson International Airport and less than 1 hour to downtown Toronto. Invest in an opportunity to showcase this property for film shoots/Hollywood producers, executive conferences or team building.


Lot #: 1

16630 7th Concession Sideroad, King, Ontario

Notes:

Real Estate Auction Terms & ConditionsThis property is being offered for sale by AuctionBidder Information1.All bidders must register to participate in the auction2.All registrants to be pre-approved by auctioneer before participating in bidding 3.Property may be subject to an opening starting bid4.Highest bidder must provide a 10% Non-Refundable Deposit if declared successful at end of auction5.All sales final upon close of auction6.A 5% Administration Fee will be added to the Final Bid Price of the Successful Highest BidderThese terms are in addition to any posted information or announcements made by the Auctioneer. All announcements by the Auctioneer take precedence over any prior written, advertised or verbal communications.If any dispute arises between or amongst bidders, the decision of the Auctioneer shall be final and absolute. The Auctioneer reserves the right to reject any or all bids.Only qualified registered bidders may bid on the property being sold. To qualify, an unconditional letter of "Proof of Financing" from an acceptable lending institution must be provided. There is no cost for registering. Financing must be pre-arranged before auction date and not contingent on Purchasers ability to obtain financing.The Purchaser shall execute an Agreement of Purchase and Sale, in the form provided by the Auctioneer, without modifications, immediately after being declared the highest bidder. Once executed by the buyer and seller a copy of the signed agreement will be provided to the Buyer's solicitor, Seller's solicitor and ONit. Canada Ltd. After being declared the highest bidder, the Purchaser shall submit a non-refundable deposit by certified cheque or bank draft, in the amount of 10% of the total purchase price made payable to the sellers legal representative, which will be held in trust until closing. The balance of the Purchase Price shall be paid at closing.The completion and closing of the transaction shall be conducted by qualified representatives for both the buyer and seller. The Purchaser and Seller shall each be responsible for their own legal fees. The Purchaser will incur standard closing costs as outlined with any purchase of real estate in the Province of Ontario. Any and all applicable Federal or Provincial taxes must be paid by the Purchaser in addition to the Purchase Price at closing. The Administration Fee is subject to HST (13% in Ontario).Closing will take place on the date that is 30 days after the close of the auction or such other date as mutually agreed by all parties. Exceptions to closing may be established prior to the auction. The Seller is contractually obligated to sell the property at an unpublished reasonable Reserve amount.If the Purchaser fails to complete the close of the subject Property for any reason or default by the scheduled closing date, he or she will forfeit original deposit and be held responsible for all costs associated with re-auctioning of the property through an unreserved auction conducted by ONit. Canada Ltd. He/She will be liable for all payments for pre and post auction for (i) remarketing costs (ii) any deficiency in the original purchase price (iii) expenses/costs of both sales (iv) administration fees/commissions (v) incidental damages (vi) all legal fees associated with the transaction for the Seller and Auctioneer. This is an As-Is Sale. The Purchaser shall accept the property in "as-is" condition, "where-is" and "with all faults" as of the closing date. The Purchaser agrees that neither the seller nor auctioneer makes any warranties or representations of any kind whatsoever at an auction as to the condition and/or fitness of the property, environmental or otherwise or for any particular use. It is the Purchasers sole responsibility to satisfy themselves for examining, inspecting, judging as necessary prior to bidding in regards to zoning, wells, septics, surveys, easements, restrictive covenants, structural defects, chattels transfer or any part thereof or improvements thereon. The seller and auctioneer have provided all descriptions, measurements and lot size as a guide only.The Property is open to the public on assigned public inspection days to allow all bidders ample opportunity to conduct such legal, factual and or other inquiries as necessary to make their decisions satisfactory and has either investigated or elected not to investigate the Property or Terms.The Seller will provide clear title of the property free of any adverse liens by closing date. The Purchaser will receive vacant possession of the property on date of closing. No personal contents to be included with the property unless described otherwise or agreed upon in the Purchase & Sale Agreement. The Buyer acknowledges that the Auctioneer is acting as a representative for the Seller only, and not as an agent for the Purchaser. The payment of deposit, purchase, commissions or administration fees does not constitute a relationship of dual agency.An Administration fee will be charged in addition to the final selling price and become part of the total purchase price paid by the buyer at closing. In the event that technical difficulties occur, the auction company may extend the closing time and date of the auction to make the necessary adjustments for the live or online bidding. All information contained on the subject Property in information packets, advertisements, social media and internet is obtained through the property owner, third party resources such as municipal offices, appraisers, inspectors etc. and believed to be true and accurate to the best of the auctioneer's knowledge and belief. The Auctioneer and the Seller assumes no responsibility or liability for errors or omissions in the content of the information. No recourse or cause of action will lie against the Auctioneer or Seller should the Buyer become dissatisfied with their Purchase for whatever reason at any later date upon being awarded the Successful Highest Bidder.

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. ONit. Canada Ltd., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.