April 23, 2025:

Bay and Cumberland:

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Balmuto Side:

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Bloor Side:

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Sdosani said:
it's on the receivers web site...read the "motions" section and then look at what has been filed with the courts. It's the latest motion to be filed.
this happens to be the only way to get factual information about this project since 2023.
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The receiver responded (also linked on their page) urging dismissal of Chateau Yorkville Corp's unsolicited and late bid, arguing that CYC was not a party to the 2024 process to find a purchaser and that they did not have access to all internal documents, and that the bid was just intended to derail the process to bring the receivership to an end. You can read more about that here.

So, CYC's bid failed, and as @thaivic mentions, the court has now approved Tridel (which had not yet happened when Toronto Storeys reported it a couple of weeks ago) and has now discharged the receiver.

thaivic said:
On the website it indicates that on April 22 the courts approved for Tridel to take over at the beginning of May.
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We have published a front page story here detailing the provisions of the court order.

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hawc said:
Can you imagine if you bought pre-construction and you just found out, "Hey we're still about 3-years away...." What a sh*t show.
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That would be me LOL. I have no idea why it would take an additional 3 years to finish this project.
 
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