Address - Vacant Residential Lot – Warren, Ontario

Lot size - 3.07 acres

Building size - not applicable

Heating type - not applicable

Approximate annual taxes - lot was institutional, no taxes

Currently zoned as - Residential

Environmental - None noted

Notable - Non serviced lot

Notable damage - None

Items seen in images/video NOT included with asset - None

Known issues - None

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

The seller will accept the offer which represents the best value. Factors considered in determining the value of an
Offer to Purchase to
the seller 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 seller.

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