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About Centreville Homes

Date: January 6, 2026

Tarion continues to closely monitor the situation involving the insolvency proceedings of Centreville Homes (Essa Road) Inc., Centreville (Shelburne) Inc., Centreville Homes (Pickering) Inc. and Centreville Vetmack GP Inc. (together referred to as the "Receivership Companies"). We understand that purchasers of pre-construction homes are concerned about the status of the projects and what it means for their purchase agreements.  

We encourage you to speak with your real estate lawyer if you have questions about this situation and receivership process. Information about the receivership is available on the Receiver's website.

Tarion will update this notice from time to time. 

Purchasers of Pre-Construction Homes

On April 9, 2025, the Ontario Superior Court of Justice appointed Rosen Goldberg Inc. as receiver and manager, of all of the assets, undertakings and properties of the Receivership Companies (other than Centreville Vetmack GP Inc., which became subject to the receivership proceedings on June 20, 2025).

Centreville Homes (Essa Road) Inc.

On December 5, 2025, the Court: (i) approved the sale of the Centreville Homes (Essa Road) Inc. lands and related assets; and (ii) authorized the Receiver to terminate all existing purchase agreements in connection with the Centreville Homes (Essa Road) Inc. project.

Tarion expects that purchasers of homes at the Centreville Homes (Essa Road) Inc. project will soon be advised that their purchase agreements are terminated. Based on information from the Receiver, it is Tarion’s understanding that potential recoveries for purchasers from the receivership estate are not yet certain and that there may be further motions and/or processes within the receivership proceedings to address the claims of purchasers in respect of deposits.

It is the obligation of Centreville Homes (Essa Road) Inc. and/or Centreville Development Corporation, as the case may be, to provide deposit refunds to purchasers in these circumstances, meaning that certain purchasers may have claims against Centreville Homes (Essa Road) Inc., Centreville Development Corporation and/or the receivership estate, for the refund of their deposits.  In the event that purchasers are unable to receive the refund of their deposits from Centreville Homes (Essa Road) Inc., Centreville Development Corporation and/or the receivership estate, then Tarion provides deposit warranty coverage, as described below. 

It is important to note that purchasers are required to first seek their deposit refunds from Centreville Homes (Essa Road) Inc., Centreville Development Corporation and/or the receivership estate, before filing claims and receiving any payments under Tarion’s deposit protection which is subject to certain limits., 

Tarion will update this webpage accordingly, including with respect to the timing for filing Deposit Protection claims, if applicable. 

Centreville (Shelburne) Inc.

As of the date of this notice, neither the appointment of the Receiver nor the commencement of the Receivership Proceedings have resulted in the termination or fundamental breach of agreements of purchase and sale, and a stay of proceedings is in place.

Centreville Homes (Pickering) Inc. and Centreville Vetmack GP Inc.

As of the date of this notice, neither the appointment of the Receiver nor the commencement of the Receivership Proceedings have resulted in the termination or fundamental breach of agreements of purchase and sale (to the extent that there are any such agreements), and a stay of proceedings is in place.

Other claims

Purchasers should consult their own legal counsel if they wish to pursue other claims against Centreville Homes (Essa Road) Inc., Centreville Development Corporation and/or the receivership estate or otherwise.

Deposit Protection from Tarion

Purchasers can have confidence that if purchase agreements are ultimately terminated as part of a receivership sale process or by transactions completed thereunder, and deposits are not refunded by the Receivership Companies through the receivership process, then you will be able to submit a Deposit Protection claim to Tarion. You can learn more about the deposit protection offered by Tarion here.

There may also be a future claims procedure order made in the receivership proceedings, pursuant to which purchasers who paid deposits for pre-construction homes will be able to file claims.