Ontario · Receivership (court-appointed)
Affidavit of Itzhak (Yitz) Levinson – Hillmount Capital (September 1, 2026) – Part 2 of 3
Affidavit · 1 September 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- secured creditorsnote: Tax certificate total owing as of certificate date; property noted to be in Tax Sale process · page: 51 · as of: 2025-11-06 · amount: 9621.65 · debtor: 2715573 Ontario Inc. · creditor: The Corporation of the Town of Halton Hills (property tax arrears) · currency: CAD · security: Municipal tax lien over 25 James Street, Georgetown, Ontario
- secured creditorsnote: Original/registered mortgage referenced in Notice of Sale; combined with second Transform Industries mortgage the total owing as at April 16, 2026 was $4,507,509.83 (principal component $4,477,337.49 as at Oct 1, 2025) · page: 72 · as of: 2022-03-08 · debtor: 2715573 Ontario Inc. · creditor: Transform Industries Inc. (as assignee of Haviland Homes, Ltd., Amanda Stanley and Caesar Ortepi) · currency: CAD · security: Mortgage dated March 8, 2022 registered as Instrument No. HR1873841 against PIN 25034-0225, Halton Hills, Ontario; assigned to Transform Industries Inc. by Transfer of Charge dated April 16, 2024 (Instrument No. HR2026568); amended Dec 19, 2025 by Instrument No. HR2150965
- secured creditorsnote: Total amount owing as at April 16, 2026 per Notice of Sale under Mortgages, combining both mortgages assigned to Transform Industries Inc.; principal balance outstanding as at October 1, 2025 stated as $4,477,337.49 · page: 72 · as of: 2026-04-16 · amount: 4507509.83 · debtor: 2715573 Ontario Inc. · creditor: Transform Industries Inc. (as assignee of Hillmount Capital Mortgage Holdings Inc.) · currency: CAD · security: Mortgage dated May 9, 2022 registered as Instrument No. HR1889879 against PIN 25034-0225, Halton Hills, Ontario; assigned to Transform Industries Inc. by Transfer of Charge dated April 16, 2024 (Instrument No. HR2026500); amended Dec 19, 2025 by Instrument No. HR2150965
- secured creditorsnote: Demand letter total owing as of May 27, 2026; guaranteed by 2661793 Ontario Inc., Christopher Cimicata, Guerino Matthew Cimicata and Natasha Pinto-Cimicata (personal guarantors and related-party corporate guarantor). Principal balance component stated separately as $950,000.00 as of Dec 1, 2025. · page: 77 · as of: 2026-05-27 · amount: 1037177.06 · debtor: 2715573 Ontario Inc. · creditor: Hillmount Capital Inc. / Hillmount Capital Mortgage Holdings Inc. · currency: CAD · security: 1st mortgage over 25 James Street, Georgetown, Ontario; collateral 2nd mortgage over 413 Samford Place, Oakville, Ontario
- secured creditorsnote: Arrears statement total owing as of statement date; property owners are personal guarantors under the Hillmount loan · page: 84 · as of: 2026-07-07 · amount: 76649.73 · debtor: Guerino Matthew Cimicata and Natasha Pinto-Cimicata · creditor: Town of Oakville (property tax arrears) · currency: CAD · security: Municipal tax lien over 413 Samford Place, Oakville, Ontario