Ontario · Receivership (court-appointed)
Supplement to the Third Report of the Receiver - dated December 3, 2025
Court officer report · 3 December 2025
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What we verified from this filing6 verified
- operational summaryThe Receiver's Court-approved Sales Process for the Real Property failed to produce a Qualified APA, leading it to recommend approval of a credit bid sale to Fiera; the Deposit Return Protocol is being finalized with Tarion and the Surety to terminate the Condo Purchase Agreements, and the Addington Avenue occupants have vacated the property.
- process resultsbids: 2 · note: Two expressions of interest received at Phase One Deadline, neither qualified as a Qualified APA. · as of: 2025-08-26 · qualified bids: 0
- purchaserFiera
- report date3 December 2025
- report noSupplement to Third Report
- sale outcometext: The Receiver recommends approval of the Credit Bid; the Sales Process was terminated after no Qualified APA was received. · scope: whole_business · status: bid_selected