249 Ontario Street Holdings Inc.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-21-00656098-00CL
249 Ontario Street Holdings Inc. has been under court-appointed receivership in Ontario since March 26, 2025, under section 243 of the Bankruptcy and Insolvency Act, following an earlier interim receivership for which a Form 87 was filed on March 17, 2021. Addenda Capital Inc. is owed $6,804,106 as of March 7, 2025 by 249 Ontario Street Holdings, Gross Properties Inc. and 2413667 Ontario Inc.; the creditor list as of the interim receivership date showed $5,014,319 for the same creditor. Gross Capital Inc. is listed as secured for $932,407 and unsecured for $186,257. Book values reported by the debtors as at December 31, 2019, unverified by the Receiver, include land at $1,315,547 and building at $6,906,624, with no total assets or liabilities stated. Unsecured claims include the Canada Revenue Agency at $72,639 and Plankraft Construction Group Inc. at $39,530.
The court appointed Bricks Damiani Inc. as receiver and manager, on the application of Addenda Capital Inc.. Court file CV-21-00656098-00CL.
Source: Court Order – Receivership
Debtor
249 Ontario Street Holdings Inc.
Applicant
Addenda Capital Inc.
Receiver
Bricks Damiani
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Mar 2025 | 182 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantAddenda Capital Inc. | Dickinson Wright LLP | 23 Mar 2025 | Factum · 23 Mar 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Addenda Capital Inc. · in 4 casesAmount owed reported as of March 7, 2025 (the exact dated balance). Appendix B, a list of creditors as of the date of interim receivership, states an earlier balance of $5,014,319 for the same creditor. — debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. · as of 7 Mar 2025 | $6.8M | Notice and Statement of Receiver |
| 4 | Secured | Gross Capital Inc. · in 5 casesas of Form 87 filed March 17, 2021 — Based on information reported by the Interim Receiver in its Form 87 filed March 17, 2021; same figure appears in Appendix B (list as of date of interim receivership). Gross Capital Inc. also appears separately as an unsecured creditor for $186,257 - possibly a related party. — debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. | $932K | Notice and Statement of Receiver |
| 4 | Secured | Blue Chip Leasing Corporation · in 22 casesas of Form 87 filed March 17, 2021 — Amount stated as $1 in the filing (and in Appendix B); appears to be a nominal/placeholder figure for an undetermined balance owed to a registered secured party. — debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. | $1 | Notice and Statement of Receiver |
| 4 | Secured | De Lage Landen Financial · in 7 casesas of Form 87 filed March 17, 2021 — Amount stated as $1 in the filing (and in Appendix B); appears to be a nominal/placeholder figure for an undetermined balance owed to a registered secured party. — debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. | $1 | Notice and Statement of Receiver |
| 4 | Secured | 1592106 Ontario Inc.as of Form 87 filed March 17, 2021 — Amount stated as $1 in the filing (and in Appendix B); appears to be a nominal/placeholder figure for an undetermined balance owed to a registered secured party. — debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. | $1 | Notice and Statement of Receiver |
| 8 | Unsecured | Gross Capital Inc. · in 5 casesas of date of interim receivership — Same entity also listed as a secured creditor for $932,407 - possible related party with dual capacity. — debtor: 249 Ontario Street Holdings Inc. | $186K | Notice and Statement of Receiver |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesas of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $72.6K | Notice and Statement of Receiver |
| 8 | Unsecured | Plankraft Construction Group Inc. · in 3 casesas of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $39.5K | Notice and Statement of Receiver |
| 8 | Unsecured | Whitetrim Farms Ltd.as of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $5.42K | Notice and Statement of Receiver |
| 8 | Unsecured | M.T. Cleaning Services Ltd. · in 2 casesas of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $4.72K | Notice and Statement of Receiver |
| 8 | Unsecured | Tyr LLP · in 4 casesas of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $772 | Notice and Statement of Receiver |
| 8 | Unsecured | Global Sanitation Solutions Ltd.as of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $352 | Notice and Statement of Receiver |
| 8 | Unsecured | Aird & Berlis LLP · in 22 casesas of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $71 | Notice and Statement of Receiver |
| 8 | Unsecured | Sign Sense Peterboroughas of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $62 | Notice and Statement of Receiver |
| 8 | Unsecured | Stadtke Plumbing & Heating Ltd.as of date of interim receivership — debtor: 249 Ontario Street Holdings Inc. | $11 | Notice and Statement of Receiver |
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.
| Date | Document | File |
|---|---|---|
Notice and Statement of Receiver
| ||
Court Order – Receivership
| ||
Endorsement – Justice Kimmel
| ||
Factum of the Applicant – Returnable March 26, 2025
| ||
Motion Record – Returnable March 26, 2025
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “249 Ontario Street Holdings Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/249-ontario-street-holdings-inc