Ontario · Receivership (court-appointed)
Notice and Statement of Receiver
Notice of receiver (s. 245 / Form 87) · 27 June 2025
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 filing8 verified
- financial positionnote: Only asset-side figures provided (Revenue producing property, Cash, Prepaid expenses, Due from related Company); no liabilities stated in this summary · page: 1 · as at: 2022-09-30 · basis: Book value based on Peace Point's compilation financial statements as at September 30, 2022, prepared by external accountants; not audited, reviewed, or verified by the Receiver, which expresses no opinion or assurance on the information · scope: Entity - Peace Point Properties Limited (Real Property and related assets) · currency: CAD · total assets: 2028820
- secured creditorspage: 2 · amount: 2126665 · debtor: Peace Point Properties Limited · creditor: Equitable Bank · currency: CAD · security: Security interest in the Real Property (79 Berkeley Street and 535-535A Adelaide Street East, Toronto)
- secured creditorspage: 2 · amount: 927773 · debtor: Peace Point Properties Limited · creditor: Vista Mortgage Capital Corporation · currency: CAD · security: Security interest in the Real Property (79 Berkeley Street and 535-535A Adelaide Street East, Toronto)
- unsecured creditorspage: 3 · basis: Listing of Unsecured Creditors based on the Debtor's available books and records (Schedule A) · amount: 15967.1 · debtor: Peace Point Properties Limited · creditor: City of Toronto (property taxes) · currency: CAD
- unsecured creditorsnote: Amount listed as 'To be determined'; document does not state a figure · page: 3 · basis: Listing of Unsecured Creditors based on the Debtor's available books and records (Schedule A) · debtor: Peace Point Properties Limited · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of Unsecured Creditors based on the Debtor's available books and records (Schedule A) · amount: 1368.08 · debtor: Peace Point Properties Limited · creditor: Enbridge Gas Inc · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of Unsecured Creditors based on the Debtor's available books and records (Schedule A) · amount: 3173.9 · debtor: Peace Point Properties Limited · creditor: Toronto Hydro-Electric System Limited · currency: CAD
- unsecured creditorspage: 3 · basis: Listing of Unsecured Creditors based on the Debtor's available books and records (Schedule A) · amount: 2118 · debtor: Peace Point Properties Limited · creditor: Toronto Water & Solid Waste Management Services · currency: CAD