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

Summary by Storeys
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.Founded in the 1980s, TAS is well known for its work on high…
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Storeys broke the news in on Tuesday, March 18, 2025.
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