Proceedings.

Upwood Park / Salvador Del Mundo Co-operative Homes Inc. – Receivership

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Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Ontario Superior Court of Justice · Commercial List
File
CV-21-00658491-00CL
Filings held16
Last activity30 Jun 2026
OverviewSummary updated

Upwood Park / Salvador Del Mundo Co-operative Homes Inc. is subject to a court-appointed receivership before the Ontario Superior Court of Justice (Commercial List) under Court File No. CV-21-00658491-00CL, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding remains active. No dated milestones have been recorded on this file.

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Case updates15 dated entries · 1 undated
#Report

The officer filed report no. Third Report. The Interim Receiver continues to manage the Co-Op's operations, financial stability, capital repair projects and arrears collection, while working with the City and CHFT on a transition plan to return the Co-Op to self-governance, which was recently derailed by an election ballot-box incident and is being restarted.

Source: Third Report of the Interim Receiver dated June 3, 2025

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

Recommended and Court Approved Election Process and Pathway to Self-Governance — Interim order granted

PDF · Subscribers

Precedent note

What a co-op member is owed

A New Brunswick fishermen's co-operative filed under the CCAA on August 12 owing its 91 members $4,669,000.41 — booked not as equity but as unsecured debt. Eight days later in Vancouver, a receiver was authorized to distribute $11.5 million to the members of another co-operative, measured in the 566,658,103 pounds of fruit they had delivered. The August 2026 record shows courts reaching past the co-operatives statutes to work out what a member is.

Parties

Debtor

Upwood Park / Salvador Del Mundo Co-operative Homes Inc. – Receivership

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Jun 2026318 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantCity Solicitor's Office City of Toronto12 Mar 2021Order · 12 Mar 2021
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredPeoples Trust · in 2 casesMortgage on the Properties (298/300 Queens Drive) - referred to as 'the mortgage company'; no balance or facility amount stated in the document — Interim Receiver authorized mortgage payments to continue from its trust account; no outstanding balance disclosed — debtor: Upwood Park/Salvador Del Mundo Cooperative Homes Inc.—First Report of the Interim Receiver dated March 8, 2021
8Unsecured

1 more claim in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount.

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

Estate financialsReported figures — never derived
Total assets at filing

As at ·

Professional fees

$1.41M

As at 30 Nov 2025Fourth Report of Interim Receiver dated January 8, 2026

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
16 filings
DateDocumentFile
Endorsement - dated June 30, 2026
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Order - dated June 30, 2026
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Motion Record of the Interim Receiver
  • Applicant City of Toronto
  • Appointee BDO Canada Limited
  • Appointee role interim receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 2 more extracted facts
PDF · Subscribers
Fourth Report of Interim Receiver dated January 8, 2026
  • Cash on hand · Disbursements · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Motion Record of the Interim Receiver dated January 08, 2026
  • Applicant CITY OF TORONTO
  • Appointee BDO Canada Limited
  • Appointee role interim receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 2 more extracted facts
PDF · Subscribers
City of Toronto v Upwood ParkSalvador Del Mundo Co-operative Homes Inc. - Order June 5, 2025
  • Presiding officer Justice Kimmel
PDF · Subscribers
Responding Motion Record of the City of Toronto dated June 3, 2025PDF · Subscribers
Third Report of the Interim Receiver dated June 3, 2025
  • Operational summary The Interim Receiver continues to manage the Co-Op's operations, financial stability, capital repair projects and arrears collection, while working with the City and CHFT on a transition plan to return the Co-Op to self-governance, which was recently derailed by an election ballot-box incident and is being restarted.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Toronto v Upwood Park Court Decision - no funding
  • Presiding officer Justice Penny
PDF · Subscribers
Supplemental Report of the Interim Receiver dated February 18, 2022
PDF · Subscribers
Second Report of the Interim Receiver dated December 10, 2021PDF · Subscribers
City of Toronto v Upwood Park - Order
  • Counsel CITY SOLICITOR'S OFFICE City of Toronto
PDF · Subscribers
First Report of the Interim Receiver dated March 8, 2021
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Mendes Affidavit - dated March 8, 2021
PDF · Subscribers
Appointment LetterPDF · Subscribers
Recommended and Court Approved Election Process and Pathway to Self-GovernancePDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Upwood Park / Salvador Del Mundo Co-operative Homes Inc. – Receivership” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 5 November 2026, https://proceedings.ca/case/upwood-park-salvador-del-mundo-co-operative-homes-inc-receivership

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/upwood-park-salvador-del-mundo-co-operative-homes-inc-receivership

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.