The plaintiff, YF Capital Inc., brought a motion for default judgment against the defendants, Harrison Frank Roy and Trung Tran, in relation to a mortgage loan over 519-7 Grenville St., Toronto.
The defendants failed to defend the proceeding and were noted in default.
The court granted judgment in the amount of $896,275.67, an order for possession, and a writ of possession, but declined to order a writ of seizure and sale, finding a court order unnecessary for that relief.
The court also awarded costs in the amount of $20,000 and pre- and post-judgment interest at the contract rate of 19%.