3803 DSW TAS LP et al.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
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.
13 earlier updates, back to 6 March 2025 — subscribers.
Debtor
3803 DSW TAS LP et al.
Applicant
Cameron Stephens Mortgage Capital
Receiver
TDB Restructuring
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 4 orders, Mar 2025 – May 2026 | 288 cases on record |
| Justice Black | Ontario Superior Court of Justice | 3 orders, Mar 2026 | 176 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverTDB Restructuring | Reconstruct LLP | 18 Mar 2026 | Factum · 18 Mar 2026 |
| ApplicantCameron Stephens Mortgage Capital | Lenczner Slaght LLP | 6 Mar 2025 | Order · 6 Mar 2025 |
| CreditorCou t | Davies Ward Phillips & Vineberg LLP | 29 Jan 2025 | Application · 29 Jan 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Cameron Stephens Mortgage Capital Ltd. · in 11 casesRegistered charge (Instrument No. AT5720222, dated April 29, 2021) in the registered amount of $27,000,000 against the Real Property (PIN 10527-0562, LRO #66); General Security Agreements dated April 22, 2021 granted by 3803 DSW Urban Properties Inc., 3803 DSW TAS LP and 3803 DSW MR LP; PPSA registrations (File Nos. 771648705 and 771648921) over inventory, equipment, accounts and other collateral relating to the Real Property. — Final Discharge/Payout Statement (Appendix B) dated March 9, 2026, for closing March 10, 2026, totals $19,790,884.02, comprising Loan 3858-12 (mortgage principal $16,8 · as of 10 Mar 2026 | $19.8M | Receiver’s First Report to the Court dated March 11, 2026 |
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.
Unsecured creditors: no distribution.EstimatedMotion Record of the Receiver (Discharge) · 12 May 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | creditors ranking below the Applicant | — | no distribution | Estimatedper the receiver | Motion Record of the Receiver (Discharge) · 12 May 2026 |
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.
5 engagements · 3 firms — latest: RECON, 4 Mar – 28 Apr 2026Motion Record of the Receiver (Discharge) · 12 May 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| RECONcapacity not stated | 4 Mar – 28 Apr 2026 | ••• | ••• | ••• | Motion Record of the Receiver (Discharge) · 12 May 2026 |
| RECONSTRUCT LLPCounsel to the receiverperiod 1 of 3 | — | ••• | — | ••• | Motion Record of the Receiver (Sale Approval) · 11 Mar 2026 |
| Reconstruct LLPCounsel to the receiverperiod 3 of 3 | 4 Mar – 28 Apr 2026 | ••• | ••• | ••• | Receiver’s Second Report to the Court · 11 May 2026 |
| Reconstruct LLPCounsel to the receiverperiod 2 of 3 | 1 May 2025 – 23 Feb 2026 | ••• | ••• | ••• | Receiver’s First Report to the Court · 11 Mar 2026 |
| TDB Restructuring LimitedReceiver | 4 Dec 2024 – 28 Feb 2026Sought | — | ••• | not stated | Receiver’s Second Report to the Court · 11 May 2026 |
| Date | Document | File |
|---|---|---|
Endorsement of the Court dated May 19, 2026
| PDF · Subscribers | |
Order of the Court (Approval and Discharge) dated May 19, 2026
| PDF · Subscribers | |
Factum of the Receiver dated May 15, 2026
| PDF · Subscribers | |
Motion Record of the Receiver (Discharge) dated May 12, 2026
| PDF · Subscribers | |
Receiver’s Second Report to the Court dated May 11, 2026
| PDF · Subscribers | |
Ancillary Order dated March 20, 2026
| PDF · Subscribers | |
Approval and Vesting Order (Real Property) dated March 20, 2026
| PDF · Subscribers | |
Endorsement of the Court dated March 20, 2026
| PDF · Subscribers | |
Factum of the Receiver dated March 18, 2026
| PDF · Subscribers | |
Motion Record of the Receiver (Sale Approval) dated March 11, 2026
| PDF · Subscribers | |
Receiver’s First Report to the Court dated March 11, 2026
| PDF · Subscribers | |
Appointment Order dated March 6, 2025
| PDF · Subscribers | |
Endorsement of the Court dated March 6, 2025
| PDF · Subscribers | |
Responding Application Record of the Debtors and TAS DesignBuild LP dated January 29, 2025
| PDF · Subscribers | |
Application Record dated December 11, 2024
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “3803 DSW TAS LP et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 21 September 2026, https://proceedings.ca/case/3803-dsw-tas-lp-et-al