3803 DSW TAS LP et al.

3803 DSW TAS LP, 3803 DSW MR LP and 3803 DSW Urban Properties Inc. have been under court-appointed receivership since March 6, 2025, on an application under section 243 of the BIA and provincial Judicature Act powers. The debtors' principal asset is the real property at 3775-4005 Dundas Street West, Toronto. Cameron Stephens Mortgage Capital Ltd. holds a first registered charge in the registered amount of $27,000,000, general security agreements from all three entities dated April 22, 2021, and a guarantee from Tas DesignBuild LP; it delivered a section 244 notice of intention to enforce security on November 18, 2024, demanding $17,017,038 plus per diem interest of $4,328.69. Its final discharge statement dated March 9, 2026 puts $19,790,884.02 payable on a March 10, 2026 closing, a figure that includes repayment of the Receiver's Borrowings Charge of $200,000 in principal. CIBC holds a PPSA registration against 3803 DSW Urban Properties Inc. limited to $250,000 securing a letter of credit issued to the City of Toronto.