Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Power of Sale Homes in Ontario
- Default Order
- Price - Low to High
- Price - High to Low
- Date - Old to New
- Date - New to Old
| MLS | Type | Address | Bed Rooms | Bath Rooms | Parking | Price |
|---|
Browse Active Power of Sale Properties by City:
Toronto (74)Brampton (22)Mississauga (19)Barrie (15)Hamilton (14)Markham (13)Richmond Hill (13)Brantford (8)London East (8)Ottawa (6)St. Catharines (6)Whitby (6)Burlington (5)Kawartha Lakes (5)Oshawa (5)Pickering (5)Oakville (4)Vaughan (4)Georgina (3)Guelph (3)London South (3)Prince Edward County (3)Caledon (2)Cambridge (2)Fort Erie (2)Innisfil (2)Kitchener (2)London North (2)Milton (1)Power of Sale Listings in Ontario
Power of Sale properties shown above are homes being sold under lender authority due to mortgage default. These listings are available across Toronto and the Greater Toronto Area (GTA) and are typically offered in “as-is” condition, with limited representations or warranties from the seller.
Availability and pricing of these properties can change frequently. Some homes may accept conditional offers, while others may require firm offers depending on lender requirements and market conditions. Closing timelines and deposit amounts may also vary by listing.
This page is updated regularly to reflect newly listed and recently sold Power of Sale properties. For the most accurate and up-to-date information, buyers are encouraged to verify listing details prior to making an offer.
Frequently Asked Questions
How many Power of Sale listings are available in Ontario?
As of March 22, 2026, Roofup.ca has over 356 active Power of Sale listings across Ontario, updated daily. Browse homes, condos, and townhouses by city, price, and bedrooms.
Are Power of Sale properties cheaper than regular homes in Ontario?
Not necessarily. A common myth is that Power of Sale homes are “fire sales” with 50% discounts. However, in March 2026, our data shows that the average Power of Sale listing price is only about 1.56% lower than a standard home.
What is a Power of Sale?
A Power of Sale is a legal process in Canada where a lender can sell a property if the homeowner defaults on their mortgage. On Roofup.ca, you can browse current Power of Sale listings across Canada, including homes, condos, and townhouses available for sale today. Unlike foreclosure, the homeowner may still have time to resolve the issue before the sale is finalized.
Can I buy a Power of Sale property directly from Roofup.ca?
Yes, you can view full property details and contact the lender or seller directly from our Ontario listings.
Which cities have the most Power of Sale listings?
Popular areas include Toronto, Brampton, Hamilton, and Mississauga, with new listings added regularly.
Can I buy a Power of Sale property in Toronto?
Yes, anyone can buy a Power of Sale property, but these homes are sold “as-is,” and the buyer assumes responsibility for repairs or outstanding debts.
Are Power of Sale properties cheaper than regular listings?
They can be, but not always. Prices are often below market value because lenders want a quick sale, but some may require significant repairs.
How long does the Power of Sale process take?
Typically a few months from notice of default to final sale, depending on the lender and property condition.
Can I use a mortgage to buy a power of sale property?
Yes, most power of sale properties in Canada can be purchased with a regular mortgage, just like a normal home.
Is It Legal to Buy a Power of Sale Property?
Yes. In provinces like Ontario and Alberta, power of sale is a standard legal process. The lender has the legal right to sell the home after the borrower defaults.
Is It Legal to Buy a Power of Sale Property?
Yes. In provinces like Ontario and Alberta, power of sale is a standard legal process. The lender has the legal right to sell the home after the borrower defaults.
Can the original homeowner stop my purchase at the last minute?
Yes, technically he can. but then he can face legal action and the buyer can sue him.
How much of a discount can I expect on a Power of Sale home?
Not much, a discount on a power of sale is a myth. Rather there is more risk involved as the property is sold as is where is condition and no inspection is allowed.
