Proceedings.

Oxford Road Developments 4 Inc.

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Active
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
Filings held30
Last activity31 Mar 2026
On the record472 days
Secured debt$11.5M
OverviewSummary updated

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.

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Case updates30 dated entries · 1 undated
#Report

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.

Source: Receiver’s Third Report dated March 20, 2026

#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.

Source: Appointment Order dated June 6, 2025

#Order

Oxford Road Developments 4 Inc. — Receivership filed, Ontario.

Undated filings1 — no date appears on the document · show
Claims

Proof of Claim and Proxy Forms Claims process approved

PDF

Parties

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 and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MyersOntario Superior Court of Justice3 orders, Feb 2026103 cases on record
Justice BlackOntario Superior Court of Justice3 orders, Jun 2025 – Aug 2025176 cases on record
Justice DunphyOntario Superior Court of Justice2 orders, Mar 202674 cases on record
Justice KimmelOntario Superior Court of Justice2 orders, Jun 2025182 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverTDB RestructuringLerners LLP20 Oct 2025Factum · 20 Oct 2025
ApplicantFiera Canadian Real Estate Debt Fund GP Inc.,"Fiera FP Real Estate Financing Fund, LP"Robins Appleby LLP29 May 2025Factum · 29 May 2025
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredFiera 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$11.5MApplication Record dated May 16, 2025
4SecuredLangford Lumber & Builders Supplies LimitedConstruction lien registered Oct 31, 2024 as Instrument No. CO303101 against the Property — DISCHARGED - lien vacated pursuant to Order of Justice Robertson dated Nov 29, 2024, and removed from title via Application to Delete Construction Lien (Instrument No. CO304796) registered Dec 4, 2024; not a current encumbrance — debtor: Oxford Road Developments 4 Inc.Application Record dated May 16, 2025
4SecuredFerrell Builders' Supply LimitedWrit of Execution, Certificate #: 51368569-1161904B, Execution #: 25-0000151, Court File #: CV-24-00088033-0000 — Judgment/execution creditor; amount not stated — debtor: Oxford Road Developments 4 Inc.Application Record dated May 16, 2025
4SecuredFiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. ("Toronto Loan")Charge and Security Agreement against the Toronto Property (270 Sheppard Avenue West, Toronto and 5 Addington Avenue, Toronto) pursuant to mortgage commitment letter dated May 27, 2022, amended April 3, 2023 — Separate facility/security from the Oxford Road (Woodstock) Loan; subject of separate receivership application bearing Court File No. CV-25-00743191-00CL. Outstanding balance not stated in this filing. — debtor: 2250310 Ontario Inc. and P&H Development Holdings Inc.Application Record dated May 16, 2025
4SecuredRitasani Investments Inc.PPSA registration No. 20241025 0903 1590 3075; nature and amount of security not specified in registration summary — debtor: Oxford Road Developments 4 Inc.Application Record dated May 16, 2025
4SecuredWise & Associates Professional CorporationWrit of Execution, Certificate #: 51368459-3672717B, Execution #: 25-0000080, Court File #: SC-24-00011921-0000 — Judgment/execution creditor; amount not stated — debtor: Oxford Road Developments 4 Inc.Application Record dated May 16, 2025
4SecuredThe Toronto-Dominion Bank · in 111 casesPPSA registrations No. 20190513 1445 1530 1225 (account -11752) and No. 20230307 1933 1531 9706 (account -10852); nature and amount of security not specified — Two separate PPSA registrations by same creditor — debtor: Oxford Road Developments 4 Inc.Application Record dated May 16, 2025
5PMSI / lessorsPPSA equipment financiers (PMSI class) · in 183 casesAggregated PPSA registrations: CWB National Leasing Inc. (No. 20221209 0957 6005 4188); BMW Canada Inc. (No. 20230327 0853 1532 7610); Wells Fargo Equipment Finance Company (No. 20230919 1513 1902 2280) — Serialized-equipment/PMSI financiers aggregated per convention; amounts not stated — debtor: Oxford Road Developments 4 Inc.Application Record dated May 16, 2025

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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.

Sale processAs stated in the filings

3 transactions · 2 not completed · 1 closedTransaction approvedApproval and Vesting Order (321 Somme Street) dated February 19, 2026 · 19 Feb 2026

PurchaserPriceStatusSource
Chandni Puri and Harpreet S. Dhandwar321 Somme Street (Lot 26) · real property · agreement 18 Dec 2025Sealedas is, where is saleClosed3 Mar 2026Receiver’s Third Report dated March 20, 2026
purchaser of 357 Somme Street, believed to be related to the Woodstock DebtorRelated party357 Somme Street (Lot 17) · real propertynot statedNot completedReceiver’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 propertynot statedNot completedReceiver’s Third Report dated March 20, 2026
AdvisorsColliers Macaulay Nicholls Inc., Brokerage (listing broker); Remax Realty Brokerage, Inc. (listing broker); Kadima Intermanagement Inc. (sale agent)Receiver’s Third Report dated March 20, 2026
Closing termsReceiver's Certificate delivered upon closingApproval and Vesting Order (321 Somme Street) dated February 19, 2026
Fees and ratesAs stated in the filings

2 engagements · 2 firmslatest: (firm not named), the PeriodReceiver’s Third Report · 20 Mar 2026

FirmPeriodHoursFeesRatesSource
(firm not named)Receiverfirm not named in the headingthe Period$514.82stated averageReceiver’s Third Report · 20 Mar 2026
TDB Restructuring LimitedReceiverthe Period$514.82stated averageMotion Record of the Receiver (APS Termination) · 20 Mar 2026
Estate financialsReported figures — never derived

Cumulative receipts

$757K

As at 20 Mar 2026Receiver’s Third Report dated March 20, 2026

Cumulative disbursements

$319K

As at 20 Mar 2026Receiver’s Third Report dated March 20, 2026

Professional fees to date

$95.7K

As at 20 Mar 2026Receiver’s Third Report dated March 20, 2026

Documents
30 filings
DateDocumentFile
Endorsement of Justice Dunphy dated March 31, 2026
  • Presiding officer Justice Dunphy
PDF
Order dated March 31, 2026
  • Counsel Lerners LLP
  • Presiding officer Justice Dunphy
PDF
Factum of the Receiver dated March 26, 2026
  • Counsel Lerners LLP
PDF
Motion Record of the Receiver (APS Termination) dated March 20, 2026
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Label: the Period · Quote: The average hourly rate charged during the Period was $514.82. · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: TDB Restructuring Limited · Firm quote: TDB Restructuring Limited (' TDB '), in its capacity as court-appointed receiver (the ' Receiver ') · Context quote: TDB Restructuring Limited (' TDB '), in its capacity as court-appointed receiver (the ' Receiver ') of the property, assets, and undertaking of Oxford Road Developments 4 Inc.
PDF
Receiver’s Third Report dated March 20, 2026
  • Closing confirmed Closed · 3 Mar 2026 · the 321 Purchasers
  • Disbursements $319K · Since: June 6, 2025
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Label: the Period · Approval: State: unstated · Averages: — · Currency: · Invoices: · Context quote: TDB Restructuring Limited was appointed receiver and manager (the ' Receiver ') · Firm unverified: true
  • Operational summary 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.
  • + 6 more extracted facts
PDF
Notice of Bankruptcy and First Meeting of CreditorsPDF
Certificate of Appointment dated February 23, 2026PDF
Approval and Vesting Order (321 Somme Street) dated February 19, 2026
  • Closing terms Receiver's Certificate delivered upon closing
  • Sale outcome Sale approved — Transaction approved
PDF
Endorsement of Justice Myers dated February 19, 2026
  • Presiding officer Justice Myers
PDF
Order (Ancillary Relief) dated February 19, 2026
  • Presiding officer Justice Myers
PDF
Order (Assignment Authorization) dated February 19, 2026
  • Presiding officer Justice Myers
PDF
Factum of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. dated February 17, 2026
  • Counsel Robins Appleby LLP
PDF
Factum of the Receiver dated February 13, 2026
  • Counsel Lerners LLP
PDF
Motion Record of Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. dated February 11, 2026PDF
Motion Record of the Receiver served February 9, 2026PDF
Receiver’s Second Report dated February 9, 2026
  • Purchaser Chandni Puri and Harpreet S. Dhandwar · 321 Somme Street (Lot 26) · real property · price sealed · proposed
  • Sale outcome Approval pending — Receiver recommends approval of the sale of 321 Somme to the 321 Purchasers, pending Court approval
PDF
Approval and Authorization Order of the Court dated October 22, 2025
  • Counsel Lerners LLP
PDF
Endorsement of Justice J. Steele dated October 22, 2025
  • Presiding officer Justice J. Steele
PDF
Factum of the Receiver dated October 20, 2025
  • Counsel Lerners LLP
PDF
Motion Record of the Receiver served October 16, 2025PDF
Receiver’s First Report dated October 15, 2025
  • Secured creditors Note: Fiera is the moving party/underlying secured lender that obtained the receivership order and is funding the Receiver's borrowings; document does not disclose the outstanding loan balance in the pages reviewed (an internal reference to an 'outstanding loan balance and recovery analysis' exists but no figure is shown) · Page: 4 · Debtor: Oxford Road Developments 4 Inc. · Creditor: Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. · Currency: CAD · Security: Applicant/secured lender under s.243(1) BIA application; receiver appointed, without security to the Receiver itself, over all of the assets, undertakings and properties of the Woodstock Debtor at Fiera's instance (blanket all-property security implied); no balance or facility amount stated in the excerpted pages
PDF
Aide Memoire of the Receiver dated September 12, 2025
  • Secured creditors $11.5M · Note: Outstanding balance stated as 'approximately $11.48 million'; original loan amount ($17.55 million) is the facility/original advance, not the current balance · Page: 3 · Debtor: Oxford Road Developments 4 Inc. · Creditor: Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund, L.P. (the "Lender") · Security: First-ranking charge on the Woodstock Property; Woodstock Loan facility of $17.55 million
PDF
Endorsement of Justice W.D. Black dated August 14, 2025
  • Presiding officer Justice W.D. Black
PDF
Endorsement of Justice W.D. Black dated July 17, 2025
  • Presiding officer Justice W.D. Black
PDF
Endorsement of Justice W.D. Black dated June 26, 2025
  • Presiding officer Justice W.D. Black
PDF
Appointment Order dated June 6, 2025
  • Applicant Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund LP
  • Appointee TDB Restructuring Limited
  • Appointee role receiver and manager
  • Commencement date 6 June 2025
  • + 5 more extracted facts
PDF
Endorsement of Justice Kimmel dated June 6, 2025
  • Presiding officer Justice Kimmel
PDF
Aide Memoire of the Applicants dated May 29, 2025
  • Counsel Robins Appleby LLP
PDF
Application Record dated May 16, 2025
  • Applicant FIERA CANADIAN REAL ESTATE DEBT FUND GP INC. and FIERA FP REAL ESTATE FINANCING FUND, L.P.
  • Appointee TDB Restructuring Limited
  • Appointee role Proposed Receiver
  • Commencement date 16 May 2025
  • + 4 more extracted facts
PDF
Proof of Claim and Proxy FormsPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Oxford Road Developments 4 Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/oxford-road-developments-4-inc

Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/oxford-road-developments-4-inc

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.