605 Yates Crescent (Tax Recovery) - 3 Bedroom Home - 2 Full Baths

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Two Residential – Single Family lots for sale

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180 Dawson Drive -- $28,000 +gst Lot 441 is currently zoned for Residential – Single Family and has site dimensions of 89 feet wide and 125 feet deep, with frontage on Dawson Drive of 89 feet. 188 Dawson Drive -- $30,000 +gst Lot 442 is currently zoned for Residential – Single Family and has site dimensions of 95 feet wide and 125 feet deep, with frontage on Dawson Drive of 95 feet.  Note: All sales agreements will include a 5-year build requirement  Dawson Drive is currently paved with concrete curbs and gutters.   Electrical service is available from the front.   Water & sewer services provided from the mains to the front property line.   Mobile home structures will not be approved by Council for this property, but new prefab or modular (non-portable) structures mounted on a foundation may be approved. Please contact Larry Baran, CAO for more information. (867) 994-2728 ext. 5 or cao-faro@faroyukon.ca

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Triplex For Sale (Tax Recovery)

The Town of Faro is offering for sale a triplex residential Townhouse unit with civic addresses of #35, #37, #39 Hoole Street (Legal Description of Lot 127, Plan 34351).  

These units each have three bedrooms with a total estimated floor space of about 1,400 sqft per unit.

This property sale is as a result of tax recovery, and Council will entertain proposals for purchase of this Townhouse “As Is” and “First Come, First Served”.  None of the three units are currently habitable and all units require various degrees of restoration before any unit can be issued an Occupancy Permit.

YG Property Assessment has assigned the following values on the property:

• Land Value                             $     5,400
• Improvements Value            $114,630
• Total Assessed Value          $120,030

The Town of Faro is soliciting offers on this property for Council’s consideration.  The property is being offered as a single offering, and the Town is not prepared to offer the triplex units for sale separately.  

Council will evaluate any offer based on the following criteria:

1. Purchase Price offered;
2. Proposed timeline for restoration of all three units;
3. Capacity of the purchaser to complete restoration as proposed; and
4. Whether the purchaser has any outstanding debts with the Town.

For further information, please contact the Faro Town Office at (867) 994-2728 or by email at cao-faro@faroyukon.ca ________________________________________________________________________________________________________________________________________