Power of Sale Listings in Mississauga | Foreclosures & Bank Owned Homes

Looking for power of sale listings in Mississauga? Browse the latest foreclosure properties, bank owned homes, and distressed real estate available across Mississauga and the GTA. Power of sale homes in Ontario are often priced below market value, making them an attractive option for investors, first-time buyers, and anyone looking to purchase real estate at a better price.

We help buyers find power of sale properties in Mississauga, including condos, detached homes, townhouses, and investment opportunities. Our listings are updated regularly and include foreclosure properties from lenders, banks, and court-ordered sales throughout the city.

Whether you are searching in Square One, Port Credit, Erin Mills, Meadowvale, or Churchill Meadows, we can help you find the right opportunity.

What Is Power of Sale in Mississauga

Power of sale is the legal process used in Ontario when a homeowner defaults on their mortgage. Instead of going through a long foreclosure process, lenders can sell the property to recover the outstanding debt.

This allows power of sale listings in Mississauga to be sold faster and sometimes below market value compared to traditional listings.

Buyers can purchase power of sale homes similarly to regular real estate transactions, but properties are typically sold as-is and may require additional due diligence.

Common types of distressed properties in Mississauga include:

  • Bank owned homes
  • Foreclosure listings
  • Distressed properties
  • Investment properties
  • Fixer upper homes
  • Court ordered sales

These opportunities are available throughout Mississauga and nearby areas in the GTA.

Why Buy Power of Sale Homes in Mississauga

Mississauga is one of the most desirable cities in the GTA, offering strong demand, great infrastructure, and access to Toronto. Buying power of sale properties in Mississauga can provide strong opportunities for both investors and end users.

Benefits of buying power of sale in Mississauga include:

  • Potential to purchase below market value
  • Motivated sellers (banks and lenders)
  • Opportunities for renovation and value-add projects
  • Strong rental demand and investment potential
  • Access to off market or less competitive deals

With continued growth in the GTA, Mississauga remains a strong market for real estate investment and homeownership.

Areas in Mississauga With Power of Sale Listings

Power of sale homes in Mississauga can be found in a variety of neighbourhoods, including:

  • City Centre / Square One
  • Port Credit
  • Erin Mills
  • Meadowvale
  • Churchill Meadows
  • Cooksville
  • Lakeview
  • Streetsville

Buyers looking for foreclosure listings in Mississauga often focus on areas with active condo developments, established neighbourhoods, and properties with renovation potential.

You can also explore nearby areas:

How to Buy Power of Sale in Mississauga

Buying a power of sale property in Mississauga follows a similar process to purchasing any home, with a few key differences.

  1. Get pre-approved for financing
  2. Search current power of sale listings
  3. Review property condition and risks
  4. Submit an offer with proper conditions
  5. Complete legal review before closing

Because these properties are sold as-is, it is important to work with professionals experienced in power of sale transactions in Ontario.

We help buyers navigate the process and secure the best opportunities in Mississauga and across the GTA.

Get Access to Mississauga Power of Sale Listings

Browse the latest Mississauga power of sale listings below. These properties update frequently and may include foreclosure homes not widely advertised.

If you want early access to bank owned homes, distressed properties, and foreclosure listings in Mississauga, contact us to receive new opportunities as soon as they become available.

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  • 39 3895 Doug Leavens Boulevard in Mississauga: Lisgar Condo Townhouse for sale : MLS®# W13098016

    39 3895 Doug Leavens Boulevard Lisgar Mississauga L5N 7G1
    Main Photo: 39 3895 Doug Leavens Boulevard in Mississauga: Lisgar Condo Townhouse for sale : MLS®# W13098016

    39 3895 Doug Leavens Boulevard Mississauga L5N 7G1 Lisgar

    $599,000
    Residential Condo & Other
    Status:
    Active Under Contract
    MLS® Num:
    W13098016
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome to this elegant and sun-filled townhome in the highly desirable Lisgar community - offering low maintenance fees, a functional multi-level layout, and no rear neighbours for added privacy. This bright and spacious home features 3 bedrooms, 2 full 4-pc baths, hardwood flooring, and an open-concept dining area overlooking an updated kitchen with stainless steel appliances and modern countertops. The inviting living room walks out directly to a private fenced backyard through sliding doors - perfect for relaxing or entertaining. The second level offers two generous bedrooms with a full 4-pc bath, while the top-floor primary retreat includes its own ensuite and a large walk-in closet, creating a private sanctuary. Direct access to the garage adds everyday convenience. Located close to top-rated schools, parks, Osprey Marsh hiking trails, transit, and major highways (401/403/407). A beautifully maintained home in a prime Mississauga location - ideal for families, first-time buyers, or investors. Sold In "As Is " Basis. Some pictures are virtually staged. More details
    Listed by REAL ESTATE ADVISORS INC.
    LISTING DETAILS

  • 16 38 Fairview Road W in Mississauga: Fairview Condo Townhouse for sale : MLS®# W13087806

    16 38 Fairview Road W Fairview Mississauga L5B 4J8
    Main Photo: 16 38 Fairview Road W in Mississauga: Fairview Condo Townhouse for sale : MLS®# W13087806

    16 38 Fairview Road W Mississauga L5B 4J8 Fairview

    $699,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13087806
    Bedrooms:
    3
    Bathrooms:
    2
    Don't Miss This Rare Opportunity To Own This Bright And Spacious 1,253 Sq. Ft. 3 Bedroom, 1+1 Washroom, 2-Storey Executive Condo Townhome In The Heart Of Downtown Mississauga! Featuring Gleaming Hardwood Floors In Living/Dining Rooms, Elegant Oak Stairs, And Abundant Natural Light From Both Sides! Functional Layout With Separate Living And Dining Areas And Walk-Out To A Huge 11 X 13.5 Ft Deck/Terrace, Perfect For BBQ And Entertaining! Upgraded Eat-In Kitchen With Quartz Countertops, Breakfast Bar, Ceramic Backsplash And Large Windows! Second Floor Offers A Generous Primary Bedroom With Walk-In Closet And Semi Ensuite, Plus Two Spacious Bedrooms! Finished Walk-Out Basement Features A Family Room, Direct Garage Access, Storage And Laundry! Unbeatable Location Just Steps To Square One, Cooksville GO Station, Upcoming LRT, Public Transit At Doorstep And Easy Access To Hwy 403/QEW! Close To Schools, Shopping, Plaza And All Amenities! More details
    Listed by UNIONE GROUP INC.
    LISTING DETAILS

  • 267 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13083328

    267 Lakeshore Road E Port Credit Mississauga L5G 1G8
    Main Photo: 267 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13083328

    267 Lakeshore Road E Mississauga L5G 1G8 Port Credit

    $1,999,999 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13083328
    Total Area:
    2,897 sq. ft.
    Top 5 Reasons You Will Love This Property: 1) Prime mixed-use commercial property in the heart of Mississauga's vibrant Port Credit district, offering exceptional visibility and investment potential in a high-demand area 2) Three self-contained, recently updated residential units, each well-maintained and ideally suited to attract quality tenants and generate rental income 3) Main level commercial space that is clean, updated, and perfectly positioned to secure a high-quality tenant, benefiting from strong foot traffic and exposure 4) Valuable owned parking at the rear of the building, providing convenient access for both residential tenants and commercial customers 5) Immediate closing available, presenting a turnkey investment opportunity to start generating income right away and maximize returns for 2026. 2,433 above grade sq.ft. plus a partially finished basement. *Please note some images have been virtually staged to show the potential of the property. More details
    Listed by FARIS TEAM REAL ESTATE BROKERAGE
    LISTING DETAILS

  • 2993 Gulfstream Way in Mississauga: Meadowvale House for sale : MLS®# W13087510

    2993 Gulfstream Way Meadowvale Mississauga L5N 6J8
    Main Photo: 2993 Gulfstream Way in Mississauga: Meadowvale House for sale : MLS®# W13087510

    2993 Gulfstream Way Mississauga L5N 6J8 Meadowvale

    $1,079,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13087510
    Bedrooms:
    4
    Bathrooms:
    4
    Most Convenient location in the heart of Winston Churchill & Lisgar neighbour hood. This home features 4 bedrooms (3+1) and 4 bathrooms. Just minutes to Lisgar GO Station, Hwy 401, Toronto Premium Outlets, Pearson Airport and Shopping Plazas. Walking distance from Tim Hortons, Starbucks, TD, and RBC. Surrounded by top-rated schools Edenwood Middle School &Meadowvale Secondary School , Community Centre plus nearby lakes, trails, and parks .The kitchen is aa Chef's Delight, complete with marble countertops and plenty of cabinets for storage. Comes with a Bright Kitchen and Walkout to Private Backyard, Perfect for Summer BBQs and relaxing evenings .The open Concept Living room comes with functional layout for Modern Living, Fully Finished Basement with Separate Entrance and Private Entrance offering Income Potential. This Home is a rare Gem ,located near Parks and Community Centre offering a Perfect blend of Nature and Convenience. More details
    Listed by RE/MAX GOLD REALTY INC.
    LISTING DETAILS

  • 5129 Boardwalk Drive in Mississauga: Hurontario House for sale : MLS®# W13078726

    5129 Boardwalk Drive Hurontario Mississauga L5R 3X7
    Main Photo: 5129 Boardwalk Drive in Mississauga: Hurontario House for sale : MLS®# W13078726

    5129 Boardwalk Drive Mississauga L5R 3X7 Hurontario

    $899,000
    Residential Freehold
    Status:
    Active Under Contract
    MLS® Num:
    W13078726
    Bedrooms:
    4
    Bathrooms:
    4
    Exceptional freehold townhome (As Is Condition) offered as is in one of Mississauga's most desirable communities. Featuring 3+1 bedrooms and 3.5 bathrooms, this home showcases impressive curb appeal, an oversized garage, and an extended private driveway with ample parking-no maintenance fees. Step inside to a welcoming foyer highlighted by a striking wood and metal staircase, elegant California shutters throughout and hardwood floors.. The modern chef-inspired kitchen offers stainless steel appliances, ample storage, and pot lights, seamlessly connecting to a separate dining area and a spacious living room with a cozy fireplace. A bright breakfast area opens to a fully fenced backyard complete with a convenient storage shed. The upper level features a primary bedroom with mirrored closet doors and 4 pc bath, two generously sized bedrooms, and a full bathroom. The finished basement adds incredible versatility with a full kitchen, bedroom, 3 pc bathroom, and a large recreation space-ideal for extended family or potential rental income. Ideally located just minutes from top-rated schools, major highways, shopping, parks, and public transit.**Some pictures are virtually staged** More details
    Listed by RE/MAX ABOUTOWNE REALTY CORP.
    LISTING DETAILS

  • 3-4 5500 Tomken Road in Mississauga: Northeast Commercial for sale : MLS®# W13079142

    3-4 5500 Tomken Road Northeast Mississauga L4W 2Z4
    Main Photo: 3-4 5500 Tomken Road in Mississauga: Northeast Commercial for sale : MLS®# W13079142

    3-4 5500 Tomken Road Mississauga L4W 2Z4 Northeast

    $2,999,900 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13079142
    Total Area:
    5,392 sq. ft.
    **Rare Industrial Condo Unit with Direct Exposure on Tomken Road, with 2 Large Signage Available**Modern Office Finishes - Features 6 Large Private Offices along with a Spacious Reception Area, Open Workspace, and 1 Storage Room**Equipped with a Full Kitchen and 3 Bathrooms, including one with a Shower**Includes One Truck-Level Door and One Drive-In Door at the Rear**Lots of Natural Light**Offers Ample Warehouse Space with a 16-Foot Clear Ceiling Height**Reserved Parking at the Front plus Extensive Parking at the Rear**Ideal for a Variety of Professional uses such as Accounting, Real Estate, Legal, or Mortgage Offices**Conveniently located with Close Proximity to Highways 401, 403, and 410**Excellent Transit access with MiWay Bus Stops at Tomken Rd & Timberlea Blvd** More details
    Listed by CENTURY 21 SKYLARK REAL ESTATE LTD.
    LISTING DETAILS

  • 6 2687 Bromsgrove Road in Mississauga: Clarkson Condo Townhouse for sale : MLS®# W13073206

    6 2687 Bromsgrove Road Clarkson Mississauga L5J 4C6
    Main Photo: 6 2687 Bromsgrove Road in Mississauga: Clarkson Condo Townhouse for sale : MLS®# W13073206

    6 2687 Bromsgrove Road Mississauga L5J 4C6 Clarkson

    $739,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13073206
    Bedrooms:
    3
    Bathrooms:
    1
    END UNIT-FINISHED BASEMENT-WIDENED PRIVATE DRIVE-PRIVATE YARD****PROPERTY PREVIOUSLY EXPERIENCED FIRE DAMAGE AND HAS BEEN SUBSEQUENTLY RESTORED AND RENOVATED BY INSURANCE COMPANY***** More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS

  • 1262 Mississauga Road in Mississauga: Lorne Park House for sale : MLS®# W13069992

    1262 Mississauga Road Lorne Park Mississauga L5H 2J2
    Main Photo: 1262 Mississauga Road in Mississauga: Lorne Park House for sale : MLS®# W13069992

    1262 Mississauga Road Mississauga L5H 2J2 Lorne Park

    $2,199,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13069992
    Bedrooms:
    4
    Bathrooms:
    4
    Beautiful Bungalow in one of Mississauga's most desirable neighbourhoods. This property offers a great blend of classic charm and modern upgrades, ideal for families or down-sizers. Features include a brick and stucco exterior, mature trees, and a circular interlock driveway with ample parking. Inside, a grand foyer with crown moulding and chandelier welcome you into an open-concept living and dining area with hardwood floors and a gas fireplace. The kitchen includes two skylights, and French doors opening to a large deck. The primary suite offers a 5-piece ensuite with jacuzzi tub, and custom California Closets, with its very own walk out. Spacious secondary bedrooms with ample natural light. Finished basement with large rec room, full bathroom, kitchen rough-in, and an oversized crawl space. Conveniently located near top-rated schools, golf courses, trails, the QEW, and Port Credit. The deck has been virtually staged. More details
    Listed by INTERCITY REALTY INC.
    LISTING DETAILS

  • 210 285 Enfield Place in Mississauga: City Centre Condo Apartment for sale : MLS®# W13070112

    210 285 Enfield Place City Centre Mississauga L5B 3Y6
    Main Photo: 210 285 Enfield Place in Mississauga: City Centre Condo Apartment for sale : MLS®# W13070112

    210 285 Enfield Place Mississauga L5B 3Y6 City Centre

    $424,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13070112
    Bedrooms:
    3
    Bathrooms:
    2
    Bright, Spacious Living in the Heart of Mississauga. Welcome to a sun-drenched 2+1 bed, 2 bath corner unit in the vibrant City Centre where everything you need is just steps away. Recently updated with new flooring, modern vanities, and fresh paint throughout, this home offers a stylish and move-in-ready feel. Whether you're sipping morning coffee in the solarium, hosting in the open-concept living/dining area, or prepping meals in the full-sized kitchen, the layout is designed for both comfort and flexibility. Enjoy ensuite laundry, underground parking, and all-inclusive maintenance fees covering heat, hydro, water, cable, and A/C. The building offers top-tier amenities including 24-hour security, indoor pool, gym, tennis court, and more. Walk to Square One, Celebration Square, Kariya Park, top schools, restaurants, and transit (GO + MiWay). With easy access to the 403, 401, QEW, and just minutes to Trillium Hospital, this location blends convenience, lifestyle, and future growth-perfect for first-time buyers, downsizers, or investors. More details
    Listed by FOREST HILL REAL ESTATE INC.
    LISTING DETAILS

  • 8 5985 Creditview Road in Mississauga: East Credit Condo Townhouse for sale : MLS®# W13062776

    8 5985 Creditview Road East Credit Mississauga L5V 2M9
    Main Photo: 8 5985 Creditview Road in Mississauga: East Credit Condo Townhouse for sale : MLS®# W13062776

    8 5985 Creditview Road Mississauga L5V 2M9 East Credit

    $789,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13062776
    Bedrooms:
    3
    Bathrooms:
    3
    Welcome to 5985 Creditview Road #8 in the highly desirable East Credit community! A spacious 3-storey condo townhouse offering exceptional value and endless potential for buyers looking to personalize their space. This home features 3 bedrooms and 3 bathrooms, providing a functional layout for young couples or small families. The finished walkout basement adds valuable living space and versatility, perfect for a recreation area, home office, or home gym. Located in a family-friendly neighbourhood, you'll enjoy close proximity to top-rated schools, parks, and everyday amenities. Just minutes from Heartland Town Centre, with a wide selection of shops, restaurants, and services at your fingertips. Convenient access to major highways and transit makes commuting across the GTA a breeze. A fantastic opportunity to own in a prime Mississauga location-don't miss out! Book your private showing today. More details
    Listed by REAL BROKER ONTARIO LTD.
    LISTING DETAILS

  • 2610 4080 Living Arts Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13058940

    2610 4080 Living Arts Drive City Centre Mississauga L5B 4N3
    Main Photo: 2610 4080 Living Arts Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13058940

    2610 4080 Living Arts Drive Mississauga L5B 4N3 City Centre

    $554,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13058940
    Bedrooms:
    3
    Bathrooms:
    2
    Spacious high-floor corner unit in a well-maintained condominium, overlooking Celebration Square in the heart of Mississauga. Features 2 bedrooms plus a large den (currently used as a third bedroom), 2 bathrooms, and 9' ceilings throughout. Open-concept kitchen, bright living/dining area, and a large balcony with unobstructed city views. Rarely offered with 2 owned underground parking spaces and 1 locker. .Building amenities include 24-hour concierge/security, gym, indoor pool, party room, guest suites, and visitor parking. Prime location steps to Square One, Celebration Square, Central Library, Living Arts Centre, restaurants, and transit hub, with quick access to Highways 403, QEW, and 401. More details
    Listed by RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY
    LISTING DETAILS

  • 2032 Lakeshore Road W in Mississauga: Clarkson House for sale : MLS®# W13054302

    2032 Lakeshore Road W Clarkson Mississauga L5J 1J8
    Main Photo: 2032 Lakeshore Road W in Mississauga: Clarkson House for sale : MLS®# W13054302

    2032 Lakeshore Road W Mississauga L5J 1J8 Clarkson

    $795,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13054302
    Bedrooms:
    2
    Bathrooms:
    2
    Gorgeous Sun-Filled Executive Freehold Townhome In The Heart Of Clarkson Village! Rare Double Car Garage! Fall In Love W/This Immaculate End Unit, Acting As A Semi! Move In Ready W/9FtCeilings On The Main Flr & Countless Upgrades, Incld: Hdwd Flrs Throughout. Open Concept Kitchen O/L Living/Dining Rms W/A Cozy Gas Fp & W/O To Spacious Deck. Perfect For Business Professional Or Small Family. Steps To The Clarkson Go & All Clarkson Village Has To Has To Offer! More details
    Listed by RE/MAX GOLD REALTY INC.
    LISTING DETAILS
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Data was last updated May 24, 2026 at 06:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

Frequently Asked Questions

What is power of sale in Mississauga

Power of sale is when a lender sells a property after mortgage default to recover the loan balance.

Are foreclosure homes cheaper in Mississauga

Many power of sale homes are priced below market value, but condition and location vary.

Can anyone buy power of sale in Ontario

Yes, any buyer can purchase power of sale listings, but financing and legal review are important.

Where can I find foreclosure listings in Mississauga

You can search current listings on this page or request access to our updated power of sale database.

Do banks negotiate on power of sale homes

Banks may negotiate, but offers must follow strict conditions.

Disclaimer: The properties advertised on this website may include listings being sold under Power of Sale or other court/estate-related processes. Power of Sale properties are sold as-is, where-is. Information is deemed reliable but not guaranteed. Buyers must verify all details independently. Listings subject to change without notice. While we make every effort to provide accurate and up-to-date Power of Sale listings, some listings may be incorrectly categorized or may not qualify as Power of Sales.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.