GTA Pre-Con Watch

Toronto · High Park

260 High Park Ave (church conversion)

Receivership

Reported in receivership (Ernst & Young appointed May 27, 2024) per Tarion; CBC reported the property was sold to another developer in 2025 with buyers awaiting deposits.

Builder / developer
TRAC Developments
Address
260 High Park Ave
Neighbourhood
High Park
City
Toronto
Type
Condominium
Units
70
Current reported status
Receivership
Status date
2025
Deposits returned?
Reported not yet returned (see sources)
Last verified
Oct 24, 2026

Status timeline

  1. 2025Receivership

    Property reported sold to another developer; purchasers reported still awaiting deposits. Source: [2]

  2. May 27, 2024Receivership

    Ernst & Young reported appointed receiver. Source: [1]

Sources

  1. Tarion — TRAC Developments insolvency notice
  2. CBC News — Article on Toronto condo project cancellations
This page summarizes what the cited sources reported; GTA Pre-Con Watch has not independently verified these events. Status may have changed since the last-verified date. This is not legal or financial advice — purchasers should speak with a real estate lawyer and check Tarion and the receiver's website. Spot an error? Request a correction.

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