The company filed an assignment in bankruptcy on 2022-02-23 under subsection 102(1) of the Act, with Goldhar & Associates Ltd. as trustee.
1685667 Ontario Ltd.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 35-2806968
1685667 Ontario Ltd. filed an assignment in bankruptcy on 2022-02-23 under subsection 102(1) of the Act, in Ontario, under court file no. 35-2806968. Goldhar & Associates Ltd. is the trustee of the estate. The statement of affairs lists secured creditors of $2,688,068.12 across four creditors, secured against land at 23547 Holland Sydenham Townline in Chatsworth. The largest are a $1,500,000.00 first mortgage held by 2198743 Ontario Limited, whose $1,335,146.90 claim has been admitted, and a $907,072.12 construction lien admitted for L. Patten & Sons Limited. Second and third mortgages of $290,000.00 and $250,000.00 remain unproved. The proceeding is active.
The assignment took effect on 2022-02-23, commencing the bankruptcy proceeding.
Source: Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
Debtor
1685667 Ontario Ltd.
Trustee in bankruptcy
Goldhar & Associates
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 2198743 Ontario Limited · in 2 casesFirst mortgage on land at 23547 Holland Sydenham Townline, RR#4, Chatsworth, ON (PIN 37085-0132) — Also holds a PPSA registration per search dated Feb 14, 2022 (file currency to Feb 13, 2022); claim as filed per Claims Register was $1,335,146.90 (admitted); statement of claim judgment obtained Oct 18, 2021 against debtor, related entity Chatsworth Farm Ltd and Daune MacGregor personally. — debtor: 1685667 Ontario Limited | $1.5M | Minutes of First Meeting of Creditors |
| 4 | Secured | L. Patten & Sons Limitedas of proof of claim as filed — Construction lien registered on title — Preliminary report states construction lien amount of approximately $837,230; exact filed proof of claim amount per Claims Register is $907,072.12 (admitted). — debtor: 1685667 Ontario Limited | $907K | Minutes of First Meeting of Creditors |
| 4 | Secured | Sassan Mahammadi Azad and Azar Ajdari-AzadSecond mortgage on land at 23547 Holland Sydenham Townline, RR#4, Chatsworth, ON — Claims Register shows claim status 'Not proved'. — debtor: 1685667 Ontario Limited | $290K | Minutes of First Meeting of Creditors |
| 4 | Secured | Bruce Community Futures Development Corporation · in 5 casesThird mortgage on land at 23547 Holland Sydenham Townline, RR#4, Chatsworth, ON — Claims Register shows claim status 'Not proved'. — debtor: 1685667 Ontario Limited | $250K | Minutes of First Meeting of Creditors |
| 8 | Unsecured | 2198743 Ontario Limited · in 2 casesas of Statement of Affairs — Filed proof of claim shown separately as $1.00 (admitted) - unsecured deficiency portion likely; also listed as secured creditor above for mortgage balance. — debtor: 1685667 Ontario Limited | $1.24M | Minutes of First Meeting of Creditors |
| 8 | Unsecured | L. Patten & Sons Limitedas of proof of claim as filed — Listed both as secured (construction lien) and unsecured in Claims Register with identical amount. — debtor: 1685667 Ontario Limited | $907K | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Sassan Mahammadi Azad and Azar Ajdari-Azadas of Statement of Affairs — Claim status: Not proved; also listed as second mortgagee (secured) above. — debtor: 1685667 Ontario Limited | $290K | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Bruce Community Futures Development Corporation · in 5 casesas of Statement of Affairs — Claim status: Not proved; also listed as third mortgagee (secured) above. — debtor: 1685667 Ontario Limited | $250K | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Baker Tilly SGB LLP · in 3 casesas of Statement of Affairs / proof of claim as filed — debtor: 1685667 Ontario Limited | $1.77K | Minutes of First Meeting of Creditors |
| 8 | Unsecured | CRA - Toronto North Tax Services Office · in 11 casesas of Statement of Affairs — Claim status: Not proved; deemed trust/CRA claim class. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Ministry of Finance - ON PST, EHT & Other Taxes · in 64 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Workplace Safety and Insurance Board · in 164 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | CBRE · in 4 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | CRA - GST/HST - Shawinigan-Sud · in 18 casesas of Statement of Affairs — Claim status: Not proved; deemed trust/CRA claim class. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Ewout Dr Riijkeas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Kopperud Hamilton Beyer · in 2 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Victor Vandergust LLP · in 3 casesas of Statement of Affairs — Claim status: Not proved; lawyers for L. Patten & Sons Ltd, ref CV-21-107. — debtor: 1685667 Ontario Limited | $1 | Minutes of First Meeting of Creditors |
| 8 | Unsecured | Blaney McMurtry LLP · in 6 casesNo SOA or filed amount stated; claim status not proved; related to Court File CV-21-00000088-0000; lawyers for 2198743 Ontario Limited. — debtor: 1685667 Ontario Limited | — | Minutes of First Meeting of Creditors |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: no distribution.EstimatedMinutes of First Meeting of Creditors · 15 Mar 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Minutes of First Meeting of Creditors · 15 Mar 2022 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at 23 Feb 2022 · per Statement of Affairs as reported (unaudited, prepared from available books/records and management discussion) · 1685667 Ontario Limited (entity level, sole debtor) — Statement of Affairs totals: Unsecured $9.00 (9 creditors), Preferred nil, Secured $2,688,068.12 (4 creditors), Total $2,688,077.12. Claims filed as at March 14, 2022 totaled $1,336,921.84 (Unsecured $1,774.94 (1), Secured $1,335,146.90 (1)); Claims Register grand total shows $2,688,077.12 SOA vs $2,243,994.96 filed. Trustee has not determined admissibility of claims. No assets other than land charged to multiple secured lenders; no appraisal obtained.
| Date | Document | File |
|---|---|---|
Minutes of First Meeting of Creditors
| ||
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1685667 Ontario Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1685667-ontario-ltd