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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  • 70 Superior Boulevard in Mississauga: Gateway Commercial for sale : MLS®# W13881488

    70 Superior Boulevard Gateway Mississauga L5T 2X9
    Main Photo: 70 Superior Boulevard in Mississauga: Gateway Commercial for sale : MLS®# W13881488

    70 Superior Boulevard Mississauga L5T 2X9 Gateway

    $19,999,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13881488
    Total Area:
    10 acre(s)
    Power of Sale opportunity to acquire approximately 10 acres of vacant land in Mississauga's established Gateway employment area, including approximately 5 acres zoned E2 Employment. A compelling opportunity for industrial developers, owner-users and investors seeking a strategically located site near Highway 401 and Toronto Pearson International Airport. Prominent exposure along Hurontario Street, Superior Boulevard and Edwards Boulevard, with convenient access to Highways 403, 407, 410 and 427, public transit and nearby amenities. The balance of approximately 5 acres is zoned O3, which allows a range of office and other uses. Proposed uses and development are subject to applicable zoning provisions and municipal approvals. Property is being sold on an "as is, where is" basis, without any representations or warranties by the mortgagee. Buyer to verify all property information, including zoning boundaries, permitted uses, servicing and development requirements. More details
    Listed by REAL BROKER ONTARIO LTD.
    LISTING DETAILS

  • 903 265 Enfield Place in Mississauga: City Centre Condo Apartment for sale : MLS®# W13867208

    903 265 Enfield Place City Centre Mississauga L5B 3Y7
    Main Photo: 903 265 Enfield Place in Mississauga: City Centre Condo Apartment for sale : MLS®# W13867208

    903 265 Enfield Place Mississauga L5B 3Y7 City Centre

    $479,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13867208
    Bedrooms:
    2
    Bathrooms:
    2
    Presenting Suite 903 at 265 Enfield Place! Set in the heart of Mississauga's vibrant City Centre, this spacious & inviting condo offers an open concept layout filled with natural light & impressive views of the city skyline. Floor to ceiling windows create a bright, airy feel throughout the living & dining areas, where views of Mississauga's iconic skyscrapers provide a beautiful backdrop from day to night. The kitchen overlooks the main living space & features stainless steel appliances, granite counters, ample cabinetry & a convenient breakfast bar, making the layout feel connected & easy to enjoy. The primary bedroom offers a comfortable retreat complete with a walk-in closet & 4pc ensuite, while the second bedroom features a closet & provides a welcoming space for family, guests or everyday living. An ensuite laundry closet, 1 underground parking space & 1 locker add everyday convenience. Residents enjoy a wonderful selection of building amenities including 24hr concierge, indoor pool, sauna, visitor parking & more. Ideally located just moments from Square One Shopping Centre, Celebration Square, Kariya Park, restaurants, transit & everyday essentials, with easy access to major highways connecting you throughout the GTA, this is a cozy place to call home in the centre of it all! More details
    Listed by SAM MCDADI REAL ESTATE INC.
    LISTING DETAILS

  • 6143 Snowy Owl Crescent in Mississauga: Lisgar House for sale : MLS®# W13864234

    6143 Snowy Owl Crescent Lisgar Mississauga L5N 7B5
    Main Photo: 6143 Snowy Owl Crescent in Mississauga: Lisgar House for sale : MLS®# W13864234

    6143 Snowy Owl Crescent Mississauga L5N 7B5 Lisgar

    $820,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13864234
    Bedrooms:
    4
    Bathrooms:
    3
    Welcome to 6143 Snowy Owl Crescent, located in the desirable Lisgar community of Mississauga. This spacious 3+1 bedroom, 3 bathroom home offers a functional layout with plenty of room for comfortable family living. Situated in an established, family-friendly neighbourhood close to schools, parks, shopping, transit and everyday amenities. Convenient access to major roads and highways makes commuting throughout Mississauga and the GTA easy. A great place to settle in and enjoy everything this well-connected neighbourhood has to offer. More details
    Listed by RE/MAX ESCARPMENT REALTY INC.
    LISTING DETAILS

  • 20B Broadview Avenue in Mississauga: Port Credit House for sale : MLS®# W13857704

    20B Broadview Avenue Port Credit Mississauga L5H 2S9
    Main Photo: 20B Broadview Avenue in Mississauga: Port Credit House for sale : MLS®# W13857704

    20B Broadview Avenue Mississauga L5H 2S9 Port Credit

    $1,899,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13857704
    Bedrooms:
    5
    Bathrooms:
    4
    Power of Sale. This Stunning, Newly Built 4+1 Bedroom, 4 Bathroom Home Features Over 3,600 Sq. Ft. Of Finished Living Space On A 200 Ft. Lot In The Heart Of Port Credit. The Main Floor Is Meticulously Finished With Custom Millwork And Herringbone Flooring Throughout, And Showcases An Open Concept Living Space Perfect For Entertaining Including Kitchen With Living And Dining Area, Walk-Out To Covered Patio. The Second Floor Includes 4 Generously Sized Bedrooms And 2 Bathrooms, Primary Bedroom With Oversized Ensuite And Large Walk-In Closet, Separate Laundry Room. Finished Basement Offering Additional Living And Entertaining Space, Including Bedroom/Office And 3-Piece Bathroom. Private Backyard Yard Setting Perfect For Year-Round Entertaining. Within Close Proximity To Major Amenities Including Port Credit GO Station, QEW, Top Rated Schools, Parks And Trails, And Easy Access To Mississauga City Centre And Downtown Toronto. More details
    Listed by SOURCE 4 REALTY INC.
    LISTING DETAILS

  • 605 15 Elizabeth Street N in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13856628

    605 15 Elizabeth Street N Port Credit Mississauga L5G 2Z3
    Main Photo: 605 15 Elizabeth Street N in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13856628

    605 15 Elizabeth Street N Mississauga L5G 2Z3 Port Credit

    $408,450
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13856628
    Bedrooms:
    2
    Bathrooms:
    2
    This spacious 2-bedroom, 1.5-bathroom 902 sq ft unit offers an exceptional layout with abundant natural light and two private balconies featuring south and west exposures - ideal for enjoying sunsets and lake breezes. The thoughtfully designed floor plan includes a large living and dining area with walkout to balcony, perfect for entertaining or relaxing. The updated kitchen complements the space, while new laminate flooring adds a fresh, modern feel throughout. The primary bedroom offers its own private balcony and 2-piece ensuite, creating a comfortable retreat. Generously sized second bedroom, ample storage, and in-suite washer & dryer (installation approved by the Board) add everyday convenience. Parking and locker included. Unbeatable location - just steps to vibrant Port Credit Village, water front trails, parks, restaurants, shops, and the GO Station for effortless commuting. Exceptional value for the size and location. A wonderful opportunity to own in one of Mississauga's most sought-after communities. More details
    Listed by ELIXIR REAL ESTATE INC.
    LISTING DETAILS

  • 44 3030 Breakwater Court in Mississauga: Cooksville Condo Townhouse for sale : MLS®# W13837758

    44 3030 Breakwater Court Cooksville Mississauga L5B 4N8
    OPEN HOUSE: Oct 17, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, October 17, 2026 2:00PM - 4:00PM
    OPEN HOUSE: Oct 18, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, October 18, 2026 2:00PM - 4:00PM
    Main Photo: 44 3030 Breakwater Court in Mississauga: Cooksville Condo Townhouse for sale : MLS®# W13837758

    44 3030 Breakwater Court Mississauga L5B 4N8 Cooksville

    $680,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13837758
    Bedrooms:
    3
    Bathrooms:
    3
    Welcome to your cozy new home in the heart of Cooksville! This beautiful 3-bedroom, 2.5-bathroom home offers the perfect blend of comfort, space, and a low-maintenance lifestyle with low maintenance fees. Spread across two stories plus a functional basement, the home features a lower-level entertainment room perfect for movie nights or a family room, walkout from kitchen to an open balcony perfect for morning coffee or after work relaxation spot. Convenience is at your doorstep with a built-in garage, a private driveway, and visitor parking located right in front of the unit. Location Highlights: Situated in a highly walkable neighbourhood close to schools, local supermarkets, and vibrant shopping plazas. Just a short drive away from the premier Square One Shopping Centre. Quick and effortless access to both Highway 403 and the QEW makes traveling across the GTA a breeze. Whether you are a first-time homebuyer, a growing family, or looking to downsize, this move-in-ready gem offers an unbeatable urban lifestyle. More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS

  • 13 7035 Rexwood Road in Mississauga: Malton House for sale : MLS®# W13839918

    13 7035 Rexwood Road Malton Mississauga L4T 4M6
    Main Photo: 13 7035 Rexwood Road in Mississauga: Malton House for sale : MLS®# W13839918

    13 7035 Rexwood Road Mississauga L4T 4M6 Malton

    $649,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13839918
    Bedrooms:
    3
    Bathrooms:
    3
    BEING SOLD :AS IS WHERE IS" AS PER SCHEDULE "B", POTL FEE $100.09 More details
    Listed by EXP REALTY
    LISTING DETAILS

  • PH4 4011 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13838182

    PH4 4011 Brickstone Mews Creditview Mississauga L5B 0G3
    Main Photo: PH4 4011 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13838182

    PH4 4011 Brickstone Mews Mississauga L5B 0G3 Creditview

    $749,000
    Residential Condo & Other
    Status:
    Active Under Contract
    MLS® Num:
    W13838182
    Bedrooms:
    4
    Bathrooms:
    3
    This is your opportunity to own one of the most unique penthouse layouts in the heart of Mississauga's City Centre. This rare, expansive 3+1 bedroom, 3 bathroom suite offers approximately 1,600 sq ft of well-designed living space that truly stands out. The open-concept living and dining area is the showstopper, wrapped in panoramic windows with clear views of Lake Ontario and the city skyline, bringing in incredible natural light all day. The layout is both functional and hard to find, with three spacious bedrooms, each with access to a bathroom. Ideal for families, end users, or investors looking for something that separates itself from the typical condo offering. Well-separated living and sleeping areas create a sense of privacy that's rarely seen in condo living. Located steps to Square One, transit, restaurants, and everyday essentials, with access to premium building amenities including an indoor pool, gym,sauna, party room, guest suites, and more. Includes two tandem parking spaces and additional storage. A standout unit in a prime location-this is one you don't see often. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS

  • 1204 355 Rathburn Road E in Mississauga: Rathwood Condo Apartment for sale : MLS®# W13833994

    1204 355 Rathburn Road E Rathwood Mississauga L4Z 1H4
    Main Photo: 1204 355 Rathburn Road E in Mississauga: Rathwood Condo Apartment for sale : MLS®# W13833994

    1204 355 Rathburn Road E Mississauga L4Z 1H4 Rathwood

    $399,999
    Residential Condo & Other
    Status:
    Active Under Contract
    MLS® Num:
    W13833994
    Bedrooms:
    2
    Bathrooms:
    2
    Must Sell! Spacious Renovated 2 Bedroom, 2 Bathroom Unit Offering Approximately 1.040 Sq Ft (MPAC) With Beautiful City Views In A Well Maintained Building In Central Mississauga. Functional Open Concept Layout With Large Living and Dining Area, Spacious Primary Bedroom With Walk-In Closet, And Large Laundry/Storage Room. Excellent Location Close To Square One, Transit, Shopping, Schools, and Major Highways Including 403, 401, and QEW. Property Being Sold Under Power Of Sale. More details
    Listed by PROPERTY.CA INC.
    LISTING DETAILS

  • 103 2560 Eglinton Avenue in Mississauga: Central Erin Mills Condo Townhouse for sale : MLS®# W13829666

    103 2560 Eglinton Avenue Central Erin Mills Mississauga L5M 0Y3
    Main Photo: 103 2560 Eglinton Avenue in Mississauga: Central Erin Mills Condo Townhouse for sale : MLS®# W13829666

    103 2560 Eglinton Avenue Mississauga L5M 0Y3 Central Erin Mills

    $569,990
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13829666
    Bedrooms:
    3
    Bathrooms:
    3
    Welcome to your Dream Condo townhouse Located at 103-2560 Eglinton Ave W in Mississauga. This Stunning 2-Storey Home Elegantly Blends Modern Design with Functional Living, Featuring Soaring 10-ft ceilings on the main floor and 9-ft Ceiling on Second Floor. The Open-concept Layout is enhanced by Elegant Quartz Countertops and Stylish Laminate Flooring. it Includes a Convenient Main-Floor Bedroom, Perfect for Guests and two Spacious Bedrooms on the Second Floor, Both with Walk-in Closets. the Master Suite Boasts an en-suite Bath, While an additional office Space on the second floor, Caters to work or study needs. This exceptional property not only offers modern amenities but also, provides a comfortable living experience in a desirable location, making it an ideal place to call home. Don't miss your chance to make this beautiful townhouse yours! No Representations or Warranties are made of any kind. Rental equipment, parking fees, and other fees are unknown. More details
    Listed by ForMax Realty Brokerage Ltd.
    LISTING DETAILS

  • 6593 Edenwood Drive in Mississauga: Meadowvale House for sale : MLS®# W13824158

    6593 Edenwood Drive Meadowvale Mississauga L5N 3E9
    Main Photo: 6593 Edenwood Drive in Mississauga: Meadowvale House for sale : MLS®# W13824158

    6593 Edenwood Drive Mississauga L5N 3E9 Meadowvale

    $1,049,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13824158
    Bedrooms:
    5
    Bathrooms:
    4
    Being sold under POWER OF SALE due to mortgage default. Located close to Meadowvale Town Centre in a family friendly mature neighborhood with walking trails, schools and easy access to hwys 401, 403 and 407. Shows well. The fully finished basement has a legal separate entrance offering potential additional income. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS

  • 1349 Melton Drive in Mississauga: Lakeview House for sale : MLS®# W13825470

    1349 Melton Drive Lakeview Mississauga L4Y 1L6
    Main Photo: 1349 Melton Drive in Mississauga: Lakeview House for sale : MLS®# W13825470

    1349 Melton Drive Mississauga L4Y 1L6 Lakeview

    $2,699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13825470
    Bedrooms:
    6
    Bathrooms:
    5
    Power of Sale opportunity in Lakeview. This custom-built two-storey home sits on a 60 x 134 ft lot and offers approximately 5,800 sq ft of living space. Features include four upper-level bedrooms, a private elevator, a finished lower level with a separate two-bedroom apartment, a covered patio, heated driveway and garage with EV chargers. Located near parks, the lakefront, Port Credit, Clarkson Village and the QEW. Property is being sold "as is, where is." More details
    Listed by RE/MAX COMMUNITY REALTY INC.
    LISTING DETAILS
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Data was last updated October 14, 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.