880EA Corp., 880EA LP, 874EA Corp., 874EA LP and TAS LP 3 are in court-appointed receivership before Justice W.D. Black of the Ontario Superior Court of Justice, following an application filed September 8, 2025 by Canadian Mortgage Servicing Corporation (court file CV-25-00751137-00CL) under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Grant Thornton Limited was appointed receiver. Canadian Mortgage Servicing Corporation's claim was stated at $10,734,679.39 as of an August 13, 2025 demand, secured by charges on properties at 80 Knox, 880 Eastern, 874 Eastern and 876 Eastern; TAS LP 3 guarantees the loan as a related party sharing a common director, Mazyar Mortazavi, with the debtors. Michael & Michael Auto Body Ltd. holds a vendor take-back mortgage on 880 Eastern Avenue, and Kingsett Mortgage Corporation registered a mortgage against the properties in March 2025 without its consent.
Order sealing the confidential appendices to the Receiver's First Report, including the unredacted Sale Agreement and key financial terms, until delivery of the Receiver's certificate.
Source: Ancillary Order of Justice Dietrich dated September 23, 2026.pdf
Court approved the February 9, 2026 Sale Agreement and vested the debtors' interest in 80 Knox Avenue and 880 Eastern Avenue, Toronto, in 880 Eastern Limited Partnership on delivery of the Receiver's certificate.
Source: Sale Approval and Vesting Order of Justice Dietrich dated September 23, 2026.pdf
Motion Record dated September 11, 2026 (Returnable September 23, 2026).pdf — Application / notice of application
Order granted September 16, 2025 appointing Grant Thornton Limited receiver and manager; judgment of $10,734,679.39 runs against the five debtors jointly and severally as of that date.
Source: Endorsement of Justice W.D. Black dated September 16, 2025.pdf
Canadian Mortgage Servicing Corporation filed the application commencing the receivership of 880EA Corp., 880EA LP, 874EA Corp., 874EA LP and TAS LP 3 on September 8, 2025.
Filing brief
880 Eastern: a take-back mortgage, passed to the lenders
A year into the receivership of four east-end Toronto development lots, Grant Thornton asks the Commercial List on September 23 to approve the sale of 80 Knox and 880 Eastern Avenue under an agreement amended four times, to split the cash 63.5/36.5 between the two first mortgagees, and to hand them the vendor take-back mortgage that makes up part of the price, leaving Canadian Mortgage Servicing Corporation about $1.89 million short and no recovery forecast for Kingsett.
Debtor
880EA Corp., 880EA LP, 874EA Corp., 874EA LP and TAS LP 3
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 2 orders, Sep 2025 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDoane Grant Thornton | Gardiner Roberts LLP | 23 Sep 2026 | Order · 23 Sep 2026 |
| Applicant | Gardiner Roberts LLP | 17 Sep 2025 | Order · 17 Sep 2025 |
| ApplicantCanadian Mortgage Servicing Corp | Gardiner Roberts LLP | 10 Sep 2026 | Service list · 10 Sep 2026 |
| Debtor880EA Corp., 880EA LP, 874EA Corp., 874EA LP and TAS LP 3 | Davies Ward Phillips & Vineberg LLP | 10 Sep 2026 | Service list · 10 Sep 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian Mortgage Servicing Corporation (CMSC) · in 5 casesFirst-ranking mortgagee/charge over the Properties; recalculated payout statement effective as at anticipated closing date — Receiver reviewed and recalculated payout statement, appears reasonable; security opinion by Loopstra Nixon confirmed valid and enforceable security interest. Registered charges also include $7,800,000 (880 Eastern, 2020) and $10,300,000 (874 Eastern, 2022) per parcel register, which are registered principal amounts, not the outstanding balance. — debtor: 880EA CORP., 880EA LP, 874EA CORP., 874EA LP · as of 15 Oct 2026 | $11.8M | First Report of the Receiver dated September 11, 2026.pdf |
| Secured | |||
| Secured |
2 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansThis 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.
Sale approved — The Court approved the Transaction and Sale Agreement and vesting of the Purchased Assets in the Purchaser upon delivery of the Receiver's certificate.Sale Approval and Vesting Order of Justice Dietrich dated September 23,… · 23 Sep 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 880 EASTERN LIMITED PARTNERSHIP, by its general partner, 880 EASTERN GP CORPORATIONthe Debtors' right, title and interest in and to the assets described in the Sale Agreement, including the Real Property (80 Knox Avenue and 880 Eastern Avenue, Toronto) · asset sale · nominee/assignee: assignee of CD Capital Developments (Acquisitions) Limited, the original purchaser under the Purchase Agreement · agreement 9 Feb 2026 | Subscribers | Approved23 Sep 2026 | Sale Approval and Vesting Order of Justice… |
| Date | Document | File |
|---|---|---|
Ancillary Order of Justice Dietrich dated September 23, 2026.pdf
| PDF · Subscribers | |
Sale Approval and Vesting Order of Justice Dietrich dated September 23, 2026.pdf
| PDF · Subscribers | |
First Report of the Receiver dated September 11, 2026.pdf
| PDF · Subscribers | |
Motion Record dated September 11, 2026 (Returnable September 23, 2026).pdf
| PDF · Subscribers | |
Service List as at September 10, 2026.pdf
| PDF · Subscribers | |
Receivership Order dated September 17, 2025.pdf
| PDF · Subscribers | |
Endorsement of Justice W.D. Black dated September 16, 2025.pdf
| PDF · Subscribers | |
Application Record dated September 8, 2025.PDF
| 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., “880EA Corp., 880EA LP, 874EA Corp., 874EA LP and TAS LP 3” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/880ea-corp-880ea-lp-874ea-corp-874ea-lp-and-tas-lp-3
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/880ea-corp-880ea-lp-874ea-corp-874ea-lp-and-tas-lp-3
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.