Proceedings.

Sweet Home Shores Inc.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-26-00000061-0000
Filings held5
Last activity22 Oct 2026
On the record11 days
OverviewSummary updated

Sweet Home Shores Inc. has been under court-appointed receivership in the Ontario Superior Court of Justice since October 22, 2026, when an interim order was granted on Peakhill Capital Inc.'s application under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. BDO Canada Limited acts as receiver and manager, in court file CV-26-00000061-0000. Peakhill holds a first-ranking charge registered January 9, 2025 and transferred to it January 5, 2026, a general security agreement and assignment of leases dated December 17, 2024, and guarantees limited to 40% of the loan from Carmcorp Inc., Richard Hall Family Holdings Ltd. and two individual guarantors. Monthly payments have been in default since October 2025; a demand notice issued November 18, 2025 and a notice of sale followed on January 7, 2026.

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Case updates5 dated entries

Filing brief

Sweet Home Shores: a receiver for 30 condominium units on Lakeshore Road

On October 22 Justice J. Kalajdzic appointed BDO receiver and manager of Sweet Home Shores Inc., owner of all 30 units of a tenanted condominium complex in Plympton-Wyoming, at the request of Peakhill Capital, which says the company has missed its monthly interest payments since October 2025 and owed $12,303,540.70 at September 15.

Parties

Debtor

Sweet Home Shores Inc.

Receiver

BDO

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredPeakhill Capital Inc. (formerly held by Computershare Trust Company of Canada as custodian/nominee) · in 3 casesFirst-ranking Charge/Mortgage registered Jan 9, 2025 as LA321667 (transferred to Peakhill Jan 5, 2026 as LA337497); Notice of Assignment of Rents-General LA321668 (transferred as LA337498); General Security Agreement dated Dec 17, 2024; Assignment of Leases dated Dec 17, 2024; PPSA financing statements; limited guarantees (40% of outstanding Loan obligations, joint and several) from Carmcorp Inc., Richard Hall Family Holdings Ltd., and the two individual guarantors (a director of the Borrower and its related companies each); the guarantors' liability is limited to 40% of the outstanding Loan. —Motion record of Peakhill Capital Inc. Vol 1 dated September 25, 2026

“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.

Documents5 filings
DateDocumentFile
Appointment Order of Justice Kalajdzic dated October 22, 2026
  • Applicant Peakhill Capital Inc.
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Commencement date 22 October 2026
  • + 8 more extracted facts
PDF · Subscribers
Notice of Receiver
  • Presiding officer Justice P.T. Bergbusch
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Factum of Peakhill Capital Inc. dated October 16, 2026PDF · Subscribers
Motion record of Peakhill Capital Inc. Vol 1 dated September 25, 2026
  • Applicant PEAKHILL CAPITAL INC.
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-26-00000061-0000
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Motion record of Peakhill Capital Inc. Vol 2 dated September 25, 2026
  • Applicant PEAKHILL CAPITAL INC.
  • Appointee BDO Canada Limited
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 1 more extracted fact
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., “Sweet Home Shores Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 2 November 2026, https://proceedings.ca/case/sweet-home-shores

Sources last checked · summary updated 28 October 2026 · Report a correction · Printed from proceedings.ca/case/sweet-home-shores

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.