[ProjectEnd]

A site worth maybe $11-13M trying to get almost double that in the deadest market in 30 years. Gooooooooooooooood luck, folks!

3775-4005 Dundas Street West, Toronto, Ontario and 3803 DSW TAS LP, 3803 DSW MR LP, 3803 DSW Urban Properties Inc. - TDB Advisory

Toronto, March 6, 2025 - Pursuant to an Order of the Ontario Superior Court of Justice (the “Appointment Order”) dated March 6, 2025, TDB Restructuring Limited was appointed as receiver (the "Receiver"), without security, of (i) the real property municipally known as 3775-4005 Dundas Street...

tdbadvisory.ca

 

[1Ć0]

Docusign

powerforms.docusign.net

 

[HousingNowTO]

Dundas West Development Site From TAS Under Receivership With $17.5M Debt​

On March 6, the Ontario Superior Court of Justice appointed a receiver over 3775-4005 Dundas Street West, a 1.28-acre property owned by Toronto-based real estate developer and asset manager TAS. The appointment order stems from an application made by Cameron Stephens Mortgage Capital on December 11, 2024, which describes indebtedness exceeding $17.5 million and a failed attempt to sell.

Dundas West Development Site From TAS Under Receivership With $17.5M Debt

The appointment order stems from an application made by Cameron Stephens Mortgage Capital, which describes indebtedness exceeding $17.5 million and a failed attempt to sell.

storeys.com

UPDATED -

Colliers Lists Dundas West Development Site From TAS Under Receivership

The site at 3775-4005 Dundas Street West has been successfully rezoned for a 13-storey mixed-use building with 297 rental apartment units.

storeys.com

 

[ProjectEnd]

I would *love* to see those comparables...

 

[A Torontonian Now]

Dead as ever, just documenting for posterity. Taken today: