An era of liquidation is coming to an end. In recent news, the Rexdale Mall (also owned by the Woodbine Centre's current owner Chris Hinn) is now
for sale in a receivership process of it's own.
Ernst & Young Inc. has been appointed receiver and manager to operate, market and sell the Rexdale Mall in Toronto's west-end Etobicoke neighbourhood. It is part of wider receivership proceedings which include Woodbine Mall and 1500 Birchmount Business Park.
renx.ca
The general rumour is that more condos are on the way. Just like the Woodbine Centre.