Oxford Road Developments 4 Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-25-00742866-00CL
- Industry
- Real estate · Residential development
Oxford Road Developments 4 Inc. has been in court-appointed receivership since June 6, 2025, on the application of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. under s. 243 of the BIA, over all of the company's assets, undertakings and properties. The Lender's payout statements put total indebtedness at $11,483,593.97 as at May 8, 2025, across loans 101080 ($1,132,525.91), 101081 ($7,633,303.24) and 101082 ($2,717,764.82), plus per diem interest, costs and legal fees, secured by a charge registered September 27, 2022 against the Woodstock property and guaranteed by Zhong Chen. Fiera is funding the Receiver's borrowings. The Receiver has approached the City of Woodstock and Tarion about security each holds and instructed counsel to contact the mortgagee of 745088 Oxford Road. Fiera's separate Toronto Loan is the subject of a distinct receivership application, Court File No. CV-25-00743191-00CL.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Third Report. The Receiver completed the sale of 321 Somme Street, assigned the Woodstock Debtor into bankruptcy, and is negotiating termination of the remaining Somme Street purchase agreements while continuing to manage and market a tenanted property at 745088 Oxford Road.
Motion Record of the Receiver (APS Termination) dated March 20, 2026 — Application / notice of application
The court granted an approval and vesting order. Closing terms, as extracted: Receiver's Certificate delivered upon closing.
Source: Approval and Vesting Order (321 Somme Street) dated February 19, 2026
Motion Record of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. dated February 11, 2026 — Application / notice of application
The officer filed report no. Second Report. The Receiver continued to negotiate with Somme Street home purchasers to complete unfinished homes, terminated the original purchase agreement for 321 Somme Street, and entered into a new 'as is, where is' agreement to sell that property, now seeking Court approval and a vesting order.
The court appointed TDB Restructuring Limited as receiver and manager, on the application of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund LP. Court file CV-25-00742866-00CL.
Undated filings1 — no date appears on the document · show
Debtor
Oxford Road Developments 4 Inc.
Applicant
Fiera Canadian Real Estate Debt Fund GP Inc.,"Fiera FP Real Estate Financing Fund, LP"
Receiver
TDB Restructuring
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Myers | Ontario Superior Court of Justice | 4 orders, Feb 2026 | 117 cases on record |
| Justice Black | Ontario Superior Court of Justice | 3 orders, Jun 2025 – Aug 2025 | 198 cases on record |
| Justice Dunphy | Ontario Superior Court of Justice | 2 orders, Mar 2026 | 93 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Jun 2025 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverTDB Restructuring | Lerners LLP | 20 Oct 2025 | Factum · 20 Oct 2025 |
| ApplicantFiera Canadian Real Estate Debt Fund GP Inc.,"Fiera FP Real Estate Financing Fund, LP" | Robins Appleby LLP | 29 May 2025 | Factum · 29 May 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. (the "Lender")Charge/Mortgage registered Sept 27, 2022 (Instrument No. CO270801) against the Property in Woodstock, Ontario; principal amount increased to $17,550,000 via Notice of Agreement of Amending Charge registered June 5, 2023 (Instrument No. CO281441, the "Lender's Charge" - registration ceiling, not a balance); Notice of Assignment of Rents - General (Instrument No. CO270802); Security Agreement dated Sept 9, 2022; unlimited joint & several Guarantee and Postponement of Claim by Zhong Chen a.k.a. Lawrence Chen dated Sept 12, 2022; Additional Guarantees by 2250310 Ontario Inc. and P&H Development Ho · as of 8 May 2025 | $11.5M | Application Record dated May 16, 2025 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors |
7 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.
Every creditor and every amount.
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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.
3 transactions · 2 not completed · 1 closed — sale of 321 Somme Street closed; remaining Somme Street sales to be terminated and homes remarketedReceiver’s Third Report dated March 20, 2026 · 20 Mar 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Chandni Puri and Harpreet S. Dhandwar321 Somme Street (Lot 26) · real property · agreement 18 Dec 2025 | Subscribers | Closed3 Mar 2026 | Receiver’s Third Report dated March 20, 2026 |
| purchaser of 357 Somme Street, believed to be related to the Woodstock Debtor357 Somme Street (Lot 17) · real property | not stated | Not completed | Receiver’s Third Report dated March 20, 2026 |
| remaining Somme Street Purchasers under agreements the Receiver seeks to terminate357 Somme Street (Lot 17), 369 Somme Street (Lot 14), 372 Somme Street (Lot 41), 376 Somme Street (Lot 42), and 392 Somme Street (Lot 46) · real property | not stated | Not completed | Receiver’s Third Report dated March 20, 2026 |
1 engagement · 1 firm — TDB Restructuring Limited, the PeriodReceiver’s Third Report · 20 Mar 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| TDB Restructuring LimitedReceiver | the Period | — | — | Receiver’s Third Report · 20 Mar 2026 |
1 blurred figure above
What the firm billed — each as the filing states it, with its source.
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See all plansCumulative receipts
$757K
As at 20 Mar 2026Receiver’s Third Report dated March 20, 2026
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Justice Dunphy dated March 31, 2026
| PDF · Subscribers | |
Order dated March 31, 2026
| PDF · Subscribers | |
Factum of the Receiver dated March 26, 2026
| PDF · Subscribers | |
Motion Record of the Receiver (APS Termination) dated March 20, 2026
| PDF · Subscribers | |
Receiver’s Third Report dated March 20, 2026
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
| Certificate of Appointment dated February 23, 2026 | PDF · Subscribers | |
Approval and Vesting Order (321 Somme Street) dated February 19, 2026
| PDF · Subscribers | |
Endorsement of Justice Myers dated February 19, 2026
| PDF · Subscribers | |
Order (Ancillary Relief) dated February 19, 2026
| PDF · Subscribers | |
Order (Assignment Authorization) dated February 19, 2026
| PDF · Subscribers | |
Factum of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. dated February 17, 2026
| PDF · Subscribers | |
Factum of the Receiver dated February 13, 2026
| PDF · Subscribers | |
| Motion Record of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. dated February 11, 2026 | PDF · Subscribers | |
| Motion Record of the Receiver served February 9, 2026 | PDF · Subscribers | |
Receiver’s Second Report dated February 9, 2026
| PDF · Subscribers | |
Approval and Authorization Order of the Court dated October 22, 2025
| PDF · Subscribers | |
Endorsement of Justice J. Steele dated October 22, 2025
| PDF · Subscribers | |
Factum of the Receiver dated October 20, 2025
| PDF · Subscribers | |
| Motion Record of the Receiver served October 16, 2025 | PDF · Subscribers | |
Receiver’s First Report dated October 15, 2025
| PDF · Subscribers | |
Aide Memoire of the Receiver dated September 12, 2025
| PDF · Subscribers | |
Endorsement of Justice W.D. Black dated August 14, 2025
| PDF · Subscribers | |
Endorsement of Justice W.D. Black dated July 17, 2025
| PDF · Subscribers | |
Endorsement of Justice W.D. Black dated June 26, 2025
| PDF · Subscribers | |
Appointment Order dated June 6, 2025
| PDF · Subscribers | |
Endorsement of Justice Kimmel dated June 6, 2025
| PDF · Subscribers | |
Aide Memoire of the Applicants dated May 29, 2025
| PDF · Subscribers | |
Application Record dated May 16, 2025
| PDF · Subscribers | |
| Proof of Claim and Proxy Forms | 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., “Oxford Road Developments 4 Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/oxford-road-developments-4-inc