Ontario · Receivership (court-appointed)
Notice and Statement of Receiver
Court officer report · 4 April 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing16 verified
- financial positionnote: Document lists only asset components with no stated total: Cash $10,203; Accounts receivable $247,790; Prepaid expenses and deposits $20,482; Deferred financing costs $8,508; Land $1,315,547; Building $6,906,624. No liabilities figure is stated. · page: 1 · as at: 2019-12-31 · basis: Book Value as reported by the Debtors as at December 31, 2019 and reported by the Interim Receiver in its Form 87 filed March 17, 2021; the Receiver has not audited, reviewed, or otherwise verified the accuracy or completeness of the information and expresses no opinion or assurance on it. · scope: 249 Ontario Street Holdings Inc. (the Property) · currency: CAD
- secured creditorsnote: Based on information reported by the Interim Receiver in its Form 87 filed March 17, 2021; same figure appears in Appendix B (list as of date of interim receivership). Gross Capital Inc. also appears separately as an unsecured creditor for $186,257 - possibly a related party. · page: 2 · as of: Form 87 filed March 17, 2021 · amount: 932407 · debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. · creditor: Gross Capital Inc. · currency: CAD
- secured creditorsnote: Amount stated as $1 in the filing (and in Appendix B); appears to be a nominal/placeholder figure for an undetermined balance owed to a registered secured party. · page: 2 · as of: Form 87 filed March 17, 2021 · amount: 1 · debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. · creditor: 1592106 Ontario Inc. · currency: CAD
- secured creditorsnote: Amount stated as $1 in the filing (and in Appendix B); appears to be a nominal/placeholder figure for an undetermined balance owed to a registered secured party. · page: 2 · as of: Form 87 filed March 17, 2021 · amount: 1 · debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. · creditor: Blue Chip Leasing Corporation · currency: CAD
- secured creditorsnote: Amount stated as $1 in the filing (and in Appendix B); appears to be a nominal/placeholder figure for an undetermined balance owed to a registered secured party. · page: 2 · as of: Form 87 filed March 17, 2021 · amount: 1 · debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. · creditor: De Lage Landen Financial · currency: CAD
- secured creditorsnote: Amount owed reported as of March 7, 2025 (the exact dated balance). Appendix B, a list of creditors as of the date of interim receivership, states an earlier balance of $5,014,319 for the same creditor. · page: 2 · as of: 2025-03-07 · amount: 6804106 · debtor: 249 Ontario Street Holdings Inc., Gross Properties Inc. and 2413667 Ontario Inc. · creditor: Addenda Capital Inc. · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 72639 · debtor: 249 Ontario Street Holdings Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 352 · debtor: 249 Ontario Street Holdings Inc. · creditor: Global Sanitation Solutions Ltd. · currency: CAD
- unsecured creditorsnote: Same entity also listed as a secured creditor for $932,407 - possible related party with dual capacity. · page: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 186257 · debtor: 249 Ontario Street Holdings Inc. · creditor: Gross Capital Inc. · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 4723 · debtor: 249 Ontario Street Holdings Inc. · creditor: M.T. Cleaning Services Ltd. · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 39530 · debtor: 249 Ontario Street Holdings Inc. · creditor: Plankraft Construction Group Inc. · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 62 · debtor: 249 Ontario Street Holdings Inc. · creditor: Sign Sense Peterborough · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 11 · debtor: 249 Ontario Street Holdings Inc. · creditor: Stadtke Plumbing & Heating Ltd. · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 772 · debtor: 249 Ontario Street Holdings Inc. · creditor: Tyr LLP · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 5424 · debtor: 249 Ontario Street Holdings Inc. · creditor: Whitetrim Farms Ltd. · currency: CAD
- unsecured creditorspage: 22 · as of: date of interim receivership · basis: Listing of creditors as of the date of interim receivership, as reported in Appendix B · amount: 71 · debtor: 249 Ontario Street Holdings Inc. · creditor: Aird & Berlis LLP · currency: CAD