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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  • 6 2687 Bromsgrove Road in Mississauga: Clarkson Condo Townhouse for sale : MLS®# W13705282

    6 2687 Bromsgrove Road Clarkson Mississauga L5J 4C6
    Main Photo: 6 2687 Bromsgrove Road in Mississauga: Clarkson Condo Townhouse for sale : MLS®# W13705282

    6 2687 Bromsgrove Road Mississauga L5J 4C6 Clarkson

    $675,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13705282
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome to this beautiful end-unit townhome in the desirable Clarkson community! This 3-bedroom, 2-bathroom home has been renovated offering a fresh, modern living space with thoughtful updates throughout. Enjoy the added privacy of an end unit, private yard, attached garage and parking for 2 vehicles in total. The property previously experienced fire damage and has since been professionally restored and renovated through the insurance process. Conveniently located near schools, parks, shopping, transit and major highways. A great opportunity to own a move-in ready home! More details
    Listed by RE/MAX PROFESSIONALS INC.
    LISTING DETAILS

  • 192 1055 Dundas Street E in Mississauga: Applewood Condo Townhouse for sale : MLS®# W13707090

    192 1055 Dundas Street E Applewood Mississauga L4Y 3X6
    Main Photo: 192 1055 Dundas Street E in Mississauga: Applewood Condo Townhouse for sale : MLS®# W13707090

    192 1055 Dundas Street E Mississauga L4Y 3X6 Applewood

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13707090
    Bedrooms:
    3
    Bathrooms:
    1
    {STEP INSIDE} Step through the door into a foyer finished in a mix of ceramic & laminate, setting the tone for this stacked townhouse: clean lines, tidy sightlines & a layout that works. The kitchen has been updated with a stainless steel fridge, stove, dishwasher & range, plus tile flooring built for daily traffic. The dining area opens onto its own balcony walkout, the kind of feature that turns a quick coffee into a few extra minutes outside. A home built for first-time buyers, young families & investors who want a location that does a lot of the selling on its own. {MAIN LEVEL} The foyer's mixed ceramic & laminate flooring leads into a tile-floored kitchen equipped with a stainless steel fridge, stove, dishwasher & range, ready to cook from day one. The adjoining dining room runs on laminate flooring under pot lights & walks out directly to the balcony, a natural spot for morning coffee or an evening unwind. The family room continues the laminate flooring with a large window that keeps the space bright all day. A dedicated laundry room with washer, dryer & tile flooring keeps chores off the upper floor. {UPPER LEVEL} Three bdrms share the upper level, all finished in laminate flooring. The primary bdrm includes a double mirrored closet with pot lights inside. Bdrm two has its own mirrored closet, & bdrm three includes pot lights & a closet. The 4pc bathroom is finished in tile flooring with a standup shower. {LOCATION} The unit sits right on Dundas St E in Mississauga's Cooksville neighbourhood, walking distance to the shops & restaurants at Cooksville Landing. Cooksville GO Station, near Dundas & Hurontario, puts Union Station about an hour away by transit, & T.L. Kennedy Secondary School on Hurontario St is a short trip away. Green space is close too, with Cooksville Park, Red Oaks Park & Camilla Park nearby, plus the fitness & recreation facilities at Huron Park Community Centre. More details
    Listed by CITYSCAPE REAL ESTATE LTD.
    LISTING DETAILS

  • 1B31 7215 Goreway Drive in Mississauga: Malton Commercial for sale : MLS®# W13697762

    1B31 7215 Goreway Drive Malton Mississauga L4T 0B4
    Main Photo: 1B31 7215 Goreway Drive in Mississauga: Malton Commercial for sale : MLS®# W13697762

    1B31 7215 Goreway Drive Mississauga L4T 0B4 Malton

    $149,900 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13697762
    Major Bus.:
    Health & Beauty Related
    Total Area:
    142 sq. ft.
    Centre Unit On Main Floor In Westwood Square Surrounded By Mainstream Business, LCBO, Shoppers Drug Mart, Freshco, Prime Banks Like TD, Scotiabank, CIBC, RBC. Currently Tenanted On Month-To-Month With Tenant Willing To Stay. More details
    Listed by RE/MAX REALTY ENTERPRISES INC.
    LISTING DETAILS

  • 13 Broadview Avenue in Mississauga: Port Credit House for sale : MLS®# W13674026

    13 Broadview Avenue Port Credit Mississauga L5H 2S8
    Main Photo: 13 Broadview Avenue in Mississauga: Port Credit House for sale : MLS®# W13674026

    13 Broadview Avenue Mississauga L5H 2S8 Port Credit

    $849,000
    Residential Freehold
    Status:
    Active Under Contract
    MLS® Num:
    W13674026
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome to a Rare Opportunity in highly Desirable Port Credit nestled in a vibrant, family-friendly neighborhood . Charming 3-bedroom, 2-bath semi-detached bungalow situated on an exceptional 33 x 200 ft deep lot with a rare oversized backyard - a unique find in this prime urban location. Bright and beautiful home featuring vaulted ceilings, multiple skylights, and an open-concept living and dining area filled with natural light. Enjoy a cozy gas fireplace, spacious modern kitchen, 4-piece bath, and three well-sized bedrooms on the main level. The finished lower level offers a recreation/play area, laundry room, additional 2-piece bath, and abundant storage space, with excellent in-law suite potential. Ideally located steps from top-rated schools, grocery stores, pharmacies, and the vibrant restaurants along Lakeshore Road West. Just minutes to Port Credit GO Station for easy access to downtown Toronto. Exceptional space, prime location, and endless potential - a rare Port Credit gem. Property is being offered " AS IS, WHERE IS " Condition. More details
    Listed by RE/MAX ABOUTOWNE REALTY CORP.
    LISTING DETAILS

  • 1168 Stavebank Road in Mississauga: Mineola House for sale : MLS®# W13673330

    1168 Stavebank Road Mineola Mississauga L5G 2V2
    Main Photo: 1168 Stavebank Road in Mississauga: Mineola House for sale : MLS®# W13673330

    1168 Stavebank Road Mississauga L5G 2V2 Mineola

    $2,890,850
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13673330
    Bedrooms:
    6
    Bathrooms:
    4
    Positioned Within The Prestigious Enclave Of Mineola West, 1168 Stavebank Rd Presents An Exceptional & Highly Strategic Opportunity For Builders, Developers, Investors & Discerning End Users Alike. Set On A Remarkable 121.17 X 200.92 Ft Riverfront Lot Backing Directly Onto The Credit River, This Expansive Property Offers The Frontage, Depth & Natural Setting Required To Create A Landmark Custom Residence, Explore Potential Severance Opportunities (Subject To Approvals), Or Establish A Pvt Estate Of Distinction. Opportunities Of This Scale Are Becoming Increasingly Rare In Mineola, Where Strong Land Values Continue To Drive Luxury Redevelopment Throughout The Neighbourhood. Surrounded By An Impressive Collection Of Newly Built Homes, Many Exceeding 4,000 Sqft, The Property Is Enhanced By Mature Trees, Tranquil River Views & An Elegant Streetscape, Creating An Extraordinary Canvas For A Future Showpiece Designed For Premium Long-Term Value. For End Users, The Lifestyle Offering Is Equally Compelling. This Is A Rare Chance To Secure River-Backed Land In One Of Mississauga's Most Coveted Communities, W/ The Flexibility To Renovate, Hold As An Investment, Or Build A Custom Home Tailored To Exact Preferences. The Peaceful Natural Backdrop, Combined W/ The Stability & Prestige Of An Established Neighbourhood, Creates An Ideal Setting For Refined Family Living. The Property Is Currently Improved W/ A Well-Maintained Legal Duplex, Providing Immediate & Reliable Holding Income. Each Self-Contained Unit Features A Functional Layout W/ Strong Rental Appeal, Supported By Consistent Tenant Demand Within This Highly Sought-After Pocket. Investors Can Generate Cash Flow Today While Thoughtfully Planning Future Redevelopment. Just Minutes From Port Credit's Vibrant Waterfront, Marina, Restaurants, Boutiques & GO Transit, W/ Access To The QEW & Downtown Toronto, This Address Effortlessly Combines The Serenity Of Riverfront Living W/ The Convenience Of Exceptional Urban Connectivity. More details
    Listed by RE/MAX REALTY ENTERPRISES INC.
    LISTING DETAILS

  • 2117 35 Trailwood Drive in Mississauga: Hurontario Condo Apartment for sale : MLS®# W13673802

    2117 35 Trailwood Drive Hurontario Mississauga L4Z 3L6
    Main Photo: 2117 35 Trailwood Drive in Mississauga: Hurontario Condo Apartment for sale : MLS®# W13673802

    2117 35 Trailwood Drive Mississauga L4Z 3L6 Hurontario

    $365,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13673802
    Bedrooms:
    2
    Bathrooms:
    2
    Ideal for First-Time home buyers or as an investment. This space offers a large and spacious 2-bedroom, 2-bathroom, with a functional layout throughout, and floor to ceiling windows. You have immediate access to Public Transit, walking distance to Shops, Restaurants, Coffee Shops, and sports fields and parks including Barondale Green. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS

  • 37 5359 Timberlea Boulevard in Mississauga: Northeast Commercial for sale : MLS®# W13668668

    37 5359 Timberlea Boulevard Northeast Mississauga L4W 4N5
    Main Photo: 37 5359 Timberlea Boulevard in Mississauga: Northeast Commercial for sale : MLS®# W13668668

    37 5359 Timberlea Boulevard Mississauga L4W 4N5 Northeast

    $899,999 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13668668
    Major Bus.:
    Other
    Total Area:
    2,217.85 sq. ft.
    Excellent Opportunity to Own Industrial Space in Central Mississauga! Welcome to Unit 37 at 5359 Timberlea Blvd, located in the established Timberlea Business Park. This industrial-designated commercial unit presents an excellent opportunity for an owner-user or investor looking to secure ownership in one of Mississauga's established employment areas. The unit offers functional industrial space along with a loft area providing additional versatile space for office, storage or other permitted uses. Ideally located with convenient access to Matheson Blvd E and major 400-series highways, including Hwy 401, 403 and 410, providing excellent connectivity throughout the GTA. Surrounded by established businesses and commercial amenities, this location offers excellent accessibility and flexibility for a variety of permitted business operations. Own your space, grow your business and benefit from the flexibility and control that ownership provides. Buyer to verify all measurements, zoning and permitted uses with the City of Mississauga. More details
    Listed by KELLER WILLIAMS REFERRED URBAN REALTY
    LISTING DETAILS

  • 37-4135 Shipp Drive in Mississauga: Hurontario Condo Townhouse for sale : MLS®# W13653400

    37-4135 Shipp Drive Hurontario Mississauga L4Z 0A7
    Main Photo: 37-4135 Shipp Drive in Mississauga: Hurontario Condo Townhouse for sale : MLS®# W13653400

    37-4135 Shipp Drive Mississauga L4Z 0A7 Hurontario

    $1,429,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13653400
    Bedrooms:
    4
    Bathrooms:
    4
    Welcome To This Beautifully Renovated And Freshly Repainted 3-Storey Condominium End Unit Townhome In The Heart Of Mississauga City Centre. Offering Spacious Living Across Three Finished Levels, A Private In-Home Elevator, Partially Fenced Backyard, Double Garage And Private Double Driveway. Ideally Located South Of Rathburn Road West And East Of Hurontario Street, With Excellent Access To Schools, Parks, Shopping, Transit And Major Highways. Just Minutes From Square One Shopping Centre, Mississauga City Hall, City Centre Transit Terminal And Hwy 403.The Main Level Features A Recreation Room, Bedroom, 4-Piece Bathroom And Utility Area, Providing Flexible Space For Guests, Extended Family Or A Home Office. Hardwood Flooring, California Shutters And A Granite-Topped Vanity Add To The Appeal. A Wood Staircase With Iron Pickets Leads To The Upper Levels. The Second Level Offers Spacious Living, Dining And Family Rooms, Kitchen And 2-Piece Powder Room. The Family Room Features Hardwood Flooring, Built-In Shelving, Gas Fireplace With Stone Accent Wall And Walkout To The Rear Yard. The Kitchen Features Granite Countertops, Backsplash And Built-In Stainless Steel Appliances. Pot Lights, Crown Moulding And California Shutters Complete This Level. The Third Level Features Three Bedrooms, Two Full Bathrooms And Convenient Laundry. The Spacious Primary Bedroom Includes A Sitting Area, Walk-In Closet And 5-Piece Ensuite. Hardwood Flooring, Granite-Topped Vanities, Crown Moulding And California Shutters Add Elegant Finishing Touches. A Rare In-Home Elevator Provides Convenient Access To All Three Levels. Brand New Furnace Install July 2026. A Spacious, Move-In Ready Home In An Exceptional Central Mississauga Location! More details
    Listed by INTERNATIONAL REALTY FIRM, INC.
    LISTING DETAILS

  • 13 7035 Rexwood Road in Mississauga: Malton House for sale : MLS®# W13653570

    13 7035 Rexwood Road Malton Mississauga L4T 4M6
    Main Photo: 13 7035 Rexwood Road in Mississauga: Malton House for sale : MLS®# W13653570

    13 7035 Rexwood Road Mississauga L4T 4M6 Malton

    $679,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13653570
    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

  • 3257 Sir Johns Homestead in Mississauga: Erin Mills House for sale : MLS®# W13633256

    3257 Sir Johns Homestead Erin Mills Mississauga L5L 2N7
    Main Photo: 3257 Sir Johns Homestead in Mississauga: Erin Mills House for sale : MLS®# W13633256

    3257 Sir Johns Homestead Mississauga L5L 2N7 Erin Mills

    $1,149,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13633256
    Bedrooms:
    4
    Bathrooms:
    3
    Attractive home located in a well established Erin Mills neighbourhood. The house is well maintained with some upgrades but it would benefit from further improvements to bring out the overall quality. It features a private treed yard which backs onto a large field further enhancing its privacy. Location of the property is excellent. Its close to all the amenities such as shopping, schools and transportation. Property is in close proximity to Ecole Saint Jean Baptiste elementary school, Erindale Secondary, U of T Mississauga Campus, Credit Valley Golf and Country Club and beautiful Credit River Trails. Property offered for sale as is where is. More details
    Listed by MFS REALTY SERVICES INC.
    LISTING DETAILS

  • 2610 4080 Living Arts Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13622886

    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®# W13622886

    2610 4080 Living Arts Drive Mississauga L5B 4N3 City Centre

    $519,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13622886
    Bedrooms:
    3
    Bathrooms:
    2
    Lowest Priced Condo in the Area! 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

  • 406 325 Webb Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13619070

    406 325 Webb Drive City Centre Mississauga L5B 3Z9
    Main Photo: 406 325 Webb Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13619070

    406 325 Webb Drive Mississauga L5B 3Z9 City Centre

    $550,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13619070
    Bedrooms:
    3
    Bathrooms:
    2
    Amazing and meticulously maintained 2+1 bedroom condo in the heart of Mississauga City Centre. Offering a spacious and functional split-bedroom layout, this bright suite is filled with natural light and designed for comfortable living. The primary bedroom features a private 4-piece ensuite, while the generous den is ideal for a home office or guest space. Enjoy exceptional building amenities including an indoor pool, hot tub, sauna, fitness centre, squash court, basketball court, and pay-per-use car wash. Ideally located just steps from Square One, Celebration Square, the Living Arts Centre, Central Library, GO Transit, and with easy access to Highways 403 & QEW. Maintenance fees include heat, air conditioning, and water. This move-in-ready home offers outstanding value in one of Mississauga's most sought-after locations. More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
    LISTING DETAILS
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Data was last updated August 28, 2026 at 10:15 PM (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.