1083 Main Street Inc.

1083 Main Street Inc. is bankrupt under the BIA, with a Statement of Affairs sworn by director Dylan Suitor showing, as at April 22, 2026, assets of $14,504,166.70 against liabilities of $26,656,760.56 and a deficiency of $12,152,593.86. The estate's only realizable value is the property at 1083 Main Street, Hamilton. Equitable Bank claims $17,298,595.14 under a mortgage given April 1, 2026, secured to the full estimated value of that property, leaving $2,794,428.44 as an unsecured deficiency. Paradise Media Limited's $9,257,470.86 mortgage claim, granted June 15, 2021, is listed as entirely unsecured, the security having been exhausted by the prior-ranking Equitable charge. Trade and utility payables make up the balance; no preferred claims are asserted, and CRA and City of Hamilton property tax claims are listed without priority.