Proceedings.

1685667 Ontario Ltd.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
35-2806968
Filings held2
Last activity23 Feb 2022
On the record1,671 days
Secured debt$1.5M
OverviewSummary updated

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.

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Case updates2 dated entries
Parties

Debtor

1685667 Ontario Ltd.

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
4Secured2198743 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$1.5MMinutes of First Meeting of Creditors
4SecuredL. 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$907KMinutes of First Meeting of Creditors
4SecuredSassan 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$290KMinutes of First Meeting of Creditors
4SecuredBruce 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$250KMinutes of First Meeting of Creditors
8Unsecured2198743 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$1.24MMinutes of First Meeting of Creditors
8UnsecuredL. 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$907KMinutes of First Meeting of Creditors
8UnsecuredSassan 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$290KMinutes of First Meeting of Creditors
8UnsecuredBruce 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$250KMinutes of First Meeting of Creditors
8UnsecuredBaker Tilly SGB LLP · in 3 casesas of Statement of Affairs / proof of claim as filed — debtor: 1685667 Ontario Limited$1.77KMinutes of First Meeting of Creditors
8UnsecuredCRA - 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$1Minutes of First Meeting of Creditors
8UnsecuredMinistry of Finance - ON PST, EHT & Other Taxes · in 64 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited$1Minutes of First Meeting of Creditors
8UnsecuredWorkplace Safety and Insurance Board · in 164 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited$1Minutes of First Meeting of Creditors
8UnsecuredCBRE · in 4 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited$1Minutes of First Meeting of Creditors
8UnsecuredCRA - GST/HST - Shawinigan-Sud · in 18 casesas of Statement of Affairs — Claim status: Not proved; deemed trust/CRA claim class. — debtor: 1685667 Ontario Limited$1Minutes of First Meeting of Creditors
8UnsecuredEwout Dr Riijkeas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited$1Minutes of First Meeting of Creditors
8UnsecuredKopperud Hamilton Beyer · in 2 casesas of Statement of Affairs — Claim status: Not proved. — debtor: 1685667 Ontario Limited$1Minutes of First Meeting of Creditors
8UnsecuredVictor 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$1Minutes of First Meeting of Creditors
8UnsecuredBlaney 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 LimitedMinutes of First Meeting of Creditors

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedMinutes of First Meeting of Creditors · 15 Mar 2022

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionconditionalEstimatedper the trusteeMinutes 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.

Estate financialsReported figures — never derived
Total liabilities at filing$2.69M

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.

Documents2 filings
DateDocumentFile
Minutes of First Meeting of Creditors
  • Appointee Goldhar & Associates Ltd
  • Appointee role Trustee
  • Commencement date 23 February 2022
  • Court file no 35-2806968
  • + 5 more extracted facts
PDF
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee of the estate of the bankrupt
  • Commencement date 23 February 2022
  • Court file no 35-2806968
  • + 2 more extracted facts
PDF

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

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/1685667-ontario-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.