GTA Pre-Con Watch

Richmond Hill · Oak Ridges

Twelve Oaks

Receivership

Reported in receivership (Deloitte) in May 2025 with construction halted since summer 2023, per the receiver's notice to purchasers and Tarion.

Builder / developer
GC King Bond
Address
301-349 King Rd and 115/119 Bond Cres
Neighbourhood
Oak Ridges
City
Richmond Hill
Type
Condominium
Units
115
Current reported status
Receivership
Status date
May 2025
Deposits returned?
Not confirmed by our sources
Last verified
Oct 24, 2026

Status timeline

  1. May 2025Receivership

    Deloitte reported appointed receiver. Source: [1], [2]

Sources

  1. Deloitte (receiver) — Notice to purchasers, June 6, 2025 (PDF) · Jun 6, 2025
  2. Tarion — GC King Bond – Twelve Oaks notice
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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