Ontario · Receivership (court-appointed)
Notice to Creditors (March 28, 2024)
Notice to creditors · 28 March 2024
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 filing30 verified
- financial positionnote: Receiver states Accounts Receivable, Property Plant and Equipment, and Other assets are 'Unknown' with no comment on realizable value; total assets not stated. · page: 1 · as at: 2024-03-22 · basis: per the Debtor's books and records, as stated in the Receiver's Notice and Statement · scope: consolidated across all Properties named in the receivership (473 Dupont St Units 1,2,3,5; 10 St. Annes Road; 102 Bellevue Avenue N.; 52 Geoffrey Street) · currency: CAD · total liabilities: 13633399
- secured creditorsnote: Schedule A states list is 'without admission to any liabilities or privilege herein shown' · page: 3 · as of: 2024-03-22 · amount: 1060000 · debtor: Unit 1, 473 Dupont Street, Toronto, ON · creditor: Riverrock Mortgage Investment Corporation · currency: CAD · security: Presumed mortgage/charge registered against the property (per creditor listing; no admission of validity or priority stated)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 335000 · debtor: Unit 1, 473 Dupont Street, Toronto, ON · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 12300 · debtor: Unit 1, 473 Dupont Street, Toronto, ON · creditor: Toronto Standard Condominium Corporation No. 1994 · currency: CAD · security: Condominium common-expense lien (statutory)
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 3 · as of: 2024-03-22 · debtor: Unit 1, 473 Dupont Street, Toronto, ON · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 1160000 · debtor: Unit 2, 473 Dupont Street, Toronto, ON · creditor: Riverrock Mortgage Investment Corporation · currency: CAD · security: Presumed mortgage/charge registered against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 540000 · debtor: Unit 2, 473 Dupont Street, Toronto, ON · creditor: Olympia Trust Company (in trust for RRSP #266480) · currency: CAD · security: Presumed mortgage held in trust for RRSP account
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 10875 · debtor: Unit 2, 473 Dupont Street, Toronto, ON · creditor: Toronto Standard Condominium Corporation No. 1994 · currency: CAD · security: Condominium common-expense lien (statutory)
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 3 · as of: 2024-03-22 · debtor: Unit 2, 473 Dupont Street, Toronto, ON · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 710000 · debtor: Unit 3, 473 Dupont Street, Toronto, ON · creditor: Riverrock Mortgage Investment Corporation · currency: CAD · security: Presumed mortgage/charge registered against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 335000 · debtor: Unit 3, 473 Dupont Street, Toronto, ON · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 6812 · debtor: Unit 3, 473 Dupont Street, Toronto, ON · creditor: Toronto Standard Condominium Corporation No. 1994 · currency: CAD · security: Condominium common-expense lien (statutory)
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 3 · as of: 2024-03-22 · debtor: Unit 3, 473 Dupont Street, Toronto, ON · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 820000 · debtor: Unit 5, 473 Dupont Street, Toronto, ON · creditor: Riverrock Mortgage Investment Corporation · currency: CAD · security: Presumed mortgage/charge registered against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 540000 · debtor: Unit 5, 473 Dupont Street, Toronto, ON · creditor: Olympia Trust Company (in trust for RRSP #266480) · currency: CAD · security: Presumed mortgage held in trust for RRSP account
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 50000 · debtor: Unit 2, 473 Dupont Street, Toronto, ON · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 7854 · debtor: Unit 5, 473 Dupont Street, Toronto, ON · creditor: Toronto Standard Condominium Corporation No. 1994 · currency: CAD · security: Condominium common-expense lien (statutory)
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 3 · as of: 2024-03-22 · debtor: Unit 5, 473 Dupont Street, Toronto, ON · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 3 · as of: 2024-03-22 · amount: 50000 · debtor: Unit 5, 473 Dupont Street, Toronto, ON · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 1500000 · debtor: 10 St. Annes Road · creditor: Riverrock Mortgage Investment Corporation · currency: CAD · security: Presumed mortgage/charge registered against the property
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 4 · as of: 2024-03-22 · debtor: 10 St. Annes Road · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: Individual lender; no admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 1500000 · debtor: 102 Bellevue Avenue N. · creditor: Carol Beemish · currency: CAD · security: Presumed private mortgage/charge registered against the property
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 1175000 · debtor: 102 Bellevue Avenue N. · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 4 · as of: 2024-03-22 · debtor: 102 Bellevue Avenue N. · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 1350558 · debtor: 52 Geoffrey Street · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property
- secured creditorsnote: Individual lender; no admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 215000 · debtor: 52 Geoffrey Street · creditor: Amanda Stanley · currency: CAD · security: Presumed private mortgage/charge registered against the property
- secured creditorsnote: Individual lender; no admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 215000 · debtor: 52 Geoffrey Street · creditor: Anthony Starcevic · currency: CAD · security: Presumed private mortgage/charge registered against the property
- secured creditorsnote: Individual lender; no admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 215000 · debtor: 52 Geoffrey Street · creditor: Caesar Ortepi · currency: CAD · security: Presumed private mortgage/charge registered against the property
- secured creditorsnote: Amount stated as 'Unknown' in Schedule A · page: 4 · as of: 2024-03-22 · debtor: 52 Geoffrey Street · creditor: City of Toronto · currency: CAD · security: Municipal property tax arrears (statutory lien)
- secured creditorsnote: No admission of liability/priority per Schedule A · page: 4 · as of: 2024-03-22 · amount: 1825000 · debtor: 10 St. Annes Road · creditor: Madeero Lending Management Inc. · currency: CAD · security: Presumed lender secured against the property