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Hay River’s highrise could be auctioned August 12


The Town of Hay River has set a new date for a public auction that could see the community’s highrise building up for sale.

At a town council meeting on June 15, council passed a motion to hold a new tax auction on August 12 at 9am for four properties, including 3 Capital Drive – the Mackenzie Place highrise.

The apartment building was previously listed for a town tax auction on June 10, but was removed last-minute as the town said “multiple registrations against the property have been identified of which the town’s legal representative will need to provide appropriate notice of the intent to auction.”

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The building was listed for $1.45 million because the owner was about $170,000 in arrears in property taxes to the municipality.

A tax auction, as set out in the territory’s Property Assessment and Taxation Act, consists of a public auction of properties in arrears. In this case, the properties available are those owing property taxes from 2019 and earlier.

There have been many issues with the building after a fire in 2019 left it uninhabitable and displaced about 100 people.

It remains closed because of a public health order related to asbestos and mould.

The territorial government has said the building is not up to code because of unsafe balconies, a damaged fire alarm system, and a range of other issues related to fire protection.

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