Ontario · Receivership (court-appointed)
Third Report of the Receiver
Court officer report · 22 July 2025
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What we verified from this filing4 verified
- cash on handnote: Includes operations of the Apartment Building; excludes operating/reserve fund accounts for common elements and Townhomes, which are segregated. · as at: 2025-07-11 · amount: 111061 · currency: CAD
- operational summaryThe original court-approved Sales Process for the Property terminated after the winning bidder failed to satisfy its financing condition and withdrew; the Receiver is now marketing the Property to new interested parties outside the formal process while continuing to manage ongoing operations (apartment building, townhomes, common elements) and address City orders regarding the retirement home structure.
- report date22 July 2025
- report noThird Report