Nova Scotia · Receivership (court-appointed)
Second Report of the Receiver dated December 15, 2025
Court officer report · 15 December 2025
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What we verified from this filing5 verified
- closing confirmedscope: 3032 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498549) · outcome: completed · purchaser: 4426019 Nova Scotia Limited · date basis: unstated; scope: 38-40 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498523) · outcome: completed · purchaser: Nateghi Commercial Inc. · date basis: unstated
- financial positionnote: Only components of liabilities are stated, no total assets or total liabilities figure is given: secured claims of Express Mortgage of approximately $2.4 million and Graysbrook of approximately $221,000 (both as at the Date of Appointment); estimated CRA deemed trust claims of approximately $80,000 (HST) and $61,000 (source deductions); builder's lien claims totaling approximately $713,000; and unsecured trade payables and accrued liabilities of approximately $1.2 million as at the Date of Appointment. · basis: unaudited financial information, 4499NSL's books and records, and other financial information provided by the Company's lender(s) · scope: entity - 4499127 Nova Scotia Limited (o/a Willow Homes) · currency: CAD
- process resultsbids: 11 · note: written offers received; six agreements of purchase and sale executed
- purchaserprice: sealed: false · currency: CAD · scope: 5 Summer Hill Place, Upper Onslow, Nova Scotia · status: proposed · name note: purchaser of 5 Summer Hill, unnamed in report body · structure: real_property · name source: recital · relationship: unstated · agreement date: 2025-07-25; 4426019 Nova Scotia Limited; Nateghi Commercial Inc.; price: sealed: false · currency: CAD · scope: one of the six executed agreements of purchase and sale for the Residential Properties · status: terminated · name note: one agreement of purchase and sale terminated due to financing condition · structure: real_property · name source: recital · relationship: unstated
- sale outcometext: eleven written offers received, six agreements executed, one terminated, four pending vesting orders, one seeking a vesting order · scope: liquidation · status: liquidation_in_progress