710 Adelaide St N, London, ON

BIDDING INSTRUCTIONS/LEGALITIES

1. This auction will be completed by an online auction opening 10am March 16 2026 and closing 7pm, March 26th 2026.
2. Please contact our office at 1-877-672-6604 or auction@execulink.com to arrange a time to view if you cannot attend open houses.
3. All showings will be by appointment only and on either March 14 or March 19
4. To register for the auction please go to https://northamericanauctioneers.com/my-account/
5. This will be a soft close on line auction meaning, if a bid is received less than 2 minutes prior to auction close the auction will be extended by three minutes for each bid to allow other bidders the opportunity to bid. This will continue until no other bids are received for the maximum of three minutes when the auction will then close for bidding.
6. Your financing approval must be in place prior to the auction.
7. Property and any appliances are being sold in as is where is condition with no warranties.
8. A bid to buy a property by Auction is an offer to purchase at the bid price. Should you be the highest bidder at auction close, the Agreement of Purchase and Sale will be sent to you Via Electronic Signature shortly after the auction close for your signatures. You must sign and complete this Agreement of Purchase and Sale upon receipt. This agreement will then be submitted to the Sellers. Should you not complete the Agreement of Purchase and Sale, and decide against buying the property at your bid price, you will lose any and all deposits paid and be liable for any costs or losses incurred by the sellers.
9. Should the property not be pronounced SOLD at the auction, the Sellers may accept or counter any written offer from the highest bidder.
10. All liens will be removed from the property giving buyer free and clear title, other than normal covenants or easements on closing.
11. Closing of the sale will be no later than April 27, 2026.
12. The Auctioneer/Brokerage have not verified any measurements or values supplied by the Seller.
13. Should you wish to view the property for yourself, or have an inspector view the property please call our offices for an appointment.
14. Each bidder has an opportunity to visit the site and must satisfy themselves by personal examination as to the condition of the property. No claim whatsoever shall be allowed at any time after submission of the offer.
15. The total deposit required for this property will be $10,000. Once you are declared the winning bidder, your credit card will be charged an immediate $500 on line deposit with the remaining $9,500 deposit required within 24 hours of acceptance of offer by seller. Remaining deposit of $9,500 can be made by certified cheque or bank direct deposit, if you will be depositing by direct deposit instructions will be sent to you via email. Full deposit of $10,000 will be held in a non-interest bearing real estate trust account of Anchor Realty and applied to the final sale amount on closing.
16. The Buyer acknowledges that the Seller and Auctioneer make no representation and/or warranties with respect to the state of repair of the premises, inclusions of chattels or fixtures, or ownership of fixtures or appliances, and the buyer agrees to accept the property “as is”.
17. Street Address: 710 Adelaide St. N., London, ON, N5Y 2L5
18. Legal Description: PART LOT 1 PLAN 422(3RD) AS IN 699181 LONDON

See our complete Terms & Conditions