What is Power of Sale?
When a homeowner defaults on their mortgage, the bank can sell the property — often below market value.
Bank Takes Control
Lender exercises their right to sell the property after mortgage default, bypassing the owner.
Below Market Value
Properties are often priced to sell quickly — creating buying opportunities for investors and homebuyers.
Fast Closings
Power of sale properties typically close faster than traditional sales — ideal for motivated buyers.
⚠ Latest Power of Sale Properties
Bank-owned properties just listed on MLS®
Power of Sale📷 20$1,999,000
1217 Ironbridge Road Oakville ON
Oakville, ON
Taxes: $9,798/yr
Power of Sale📷 20$899,000
28 Emeline Street Caledon ON
Caledon, ON
Taxes: $4,200/yr
Power of Sale📷 11$899,000
29 Hemans Court Ajax ON
Ajax, ON
Taxes: $5,169.14/yr
Power of Sale📷 4$799,900
20697 Highway 48 Highway East Gwillimbury ON
East Gwillimbury, ON
Taxes: $2,400/yr
Power of Sale📷 4$799,900
20697 Highway 48 Highway East Gwillimbury ON
East Gwillimbury, ON
Taxes: $2,400/yr
Power of Sale📷 20$899,000
12 Torrance Woods N/A Brampton ON
Brampton, ON
Taxes: $6,519.5/yr
Power of Sale📷 20$569,000
69 Island Drive Trent Lakes ON
Trent Lakes, ON
Taxes: $3,165/yr
Power of Sale📷 20$510,000
39 Holley Avenue Toronto W04 ON
Toronto W04, ON
Taxes: $2,783/yr
🏠 Recently Listed
Fresh MLS® listings across Ontario
📷 10$1,300,000
Bliss St, Brampton, ON
Brampton, ON
📷 20$759,000
1224 Carfa Crescent Kingston ON
Kingston, ON
Taxes: $5,703.72/yr
📷 20$999,000
54 Chatham Avenue Toronto E01 ON
Toronto E01, ON
Taxes: $4,630/yr
📷 20$989,000
112 Wolseley Street Toronto C01 ON
Toronto C01, ON
Taxes: $5,831.56/yr
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Listing data provided by TRREB via PropTx. All information is deemed reliable but not guaranteed. MLS® and the associated logos are trademarks of The Canadian Real Estate Association.