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General Information on Provincially-owned Real Estate
Any disposition of a publicly-owned asset is completed in an open and competitive manner to ensure fairness and the best value for taxpayers.

 

Although many properties may appear vacant and/or saleable, this is not necessarily the case.  Some properties may currently be in-use or have been identified for future use for the delivery of government programs and services or for continued natural greenspace.  As a result, the property will not be listed for sale. Infrastructure Ontario (IO) is continually reviewing the provincial portfolio to consider the rationalization or sale of unused or underutilized assets to generate revenue and obtain savings for the Province.

 

Disposition (Sales) Process

Any property within the provincial portfolio that is no longer required for the delivery of government programs and services, is circulated to provincial ministries and agencies to determine if there is a continued government need for the property.   

If no provincial government need is identified, the property is considered surplus and is circulated concurrently to other levels of government, registered eligible not-for-profit corporations, and school boards.  If any of these entities express interest in the property, IO will proceed to negotiate with the interested party for a sale at market value. This is called a Direct Sale.

Government of Ontario approval is required before any property is sold.  This approval is obtained by an Order In Council (OIC).

 

*Note regarding Not-for-Profit Corporations 

As of April 1, 2013, eligible not-for-profit corporations that provide a public benefit are included in the circulation of surplus government real estate. To gain access to the circulation, not-for-profit corporations must meet established eligibility criteria and apply to the Ontario Nonprofit Network, which is responsible for maintaining the registry of eligible not-for-profit corporations. Eligible not-for-profit corporations that demonstrate financial and organizational capacity may submit an offer to purchase surplus government property at market value prior to the property being place on the open market for sale. Refer to the Ontario Nonprofit Network website for further information.


Occasionally, properties in the provincial portfolio that are no longer required for the delivery of government programs and services are non-viable parcels of land that are for example land-locked or cannot be developed on their own.  In these cases, the abutting property owners may be interested in these specific parcels.  In such circumstances, a sale at market value to the abutting property owner could take place.  This is called a Direct Sale.


If a property is no longer required by the Province, and no other level of government, eligible not-for-profit organization or school board has expressed an interest in acquiring it through the circulation process, the property may be marketed to the public through an open and competitive process. This is called an Open Market Sale.  

Prior to any sale, IO would conduct its normal due diligence on the property and list that property for sale through a real estate broker.

IO’s due diligence requirements generally include, but are not limited to, the following activities:

  • Market Value Appraisal
  • Title Opinions
  • Environmental Site Assessments
  • Archaeological Reports
  • MOI Class EA Process 
  • Survey
  • Planning Reports
  • Heritage Studies – Land & Building
  • Duty to Consult with First Nations

 

Properties are listed for sale on IO’s website, and are generally marketed for 30 days prior to accepting any offers. You can contact the property’s Broker directly or the IO Sales Manager for information on the property you may have an interest in. 


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