#Order
Endorsement of Justice Black dated January 16, 2025 was filed. Court file CV-24-00731267-00CL.
1079 Bathurst Inc.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-24-00731267-00CL
OverviewSummary updated
1079 Bathurst Inc. has been in court-appointed receivership since January 16, 2025, when the Ontario Superior Court of Justice appointed Rosen Goldberg Inc. receiver and manager on the application of Limestone Capital Inc. under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Limestone lent $600,000 against cross-collateralized second mortgages over the 1079 Bathurst, 10 Cavell and 12 Cavell properties, the latter two owned by 2785470 Ontario Limited and 2785471 Ontario Limited, and put its claim at $671,026.28 as at October 25, 2024, with per diem interest of $286.85 as of November 1, 2024. Owemanco Mortgage Holding Corporation holds a prior first mortgage of $1,200,000 on 1079 Bathurst, and Canadian Mortgage Servicing Corporation prior firsts of $746,250 on each of the Cavell properties.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Order
Appointed Rosen Goldberg Inc. receiver and manager of 1079 Bathurst Inc. on Limestone Capital Inc.'s application under section 243(1) of the Bankruptcy and Insolvency Act.
Parties
Debtor
1079 Bathurst Inc.
Receiver
Rosen Goldberg
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Owemanco Mortgage Holding Corporation · in 7 casesPrior first mortgage on 1079 Bathurst Property, Instrument AT5944119, registered December 20, 2021 — Prior encumbrance ranking ahead of Limestone's second mortgage; amount is registered principal, not confirmed outstanding balance — debtor: 1079 Bathurst Inc. · as of 20 Dec 2021 | $1.2M | Application Record |
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Documents3 filings
| Date | Document | File |
|---|---|---|
Endorsement of Justice Black dated January 16, 2025
| PDF · Subscribers | |
Receivership Order dated January 16, 2025
| PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “1079 Bathurst Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1079-bathurst-inc