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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  • PH4 4011 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13557622

    PH4 4011 Brickstone Mews Creditview Mississauga L5B 0G3
    Main Photo: PH4 4011 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13557622

    PH4 4011 Brickstone Mews Mississauga L5B 0G3 Creditview

    $949,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13557622
    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

  • 307 350 Rathburn Road W in Mississauga: Creditview Condo Apartment for sale : MLS®# W13545728

    307 350 Rathburn Road W Creditview Mississauga L5B 3Y2
    Main Photo: 307 350 Rathburn Road W in Mississauga: Creditview Condo Apartment for sale : MLS®# W13545728

    307 350 Rathburn Road W Mississauga L5B 3Y2 Creditview

    $577,500
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13545728
    Bedrooms:
    3
    Bathrooms:
    2
    Spacious and beautifully updated 2+1 bedroom, 2 bathroom condo offering over 1,100 sq. ft. of bright, functional living space. Featuring an open-concept layout, large windows, crown moulding, a private balcony, and an updated kitchen with quartz countertops, stainless steel appliances, and ample storage. The generous primary bedroom includes a private ensuite, while the versatile den is ideal for a home office, playroom, or guest space. Enjoy access to excellent amenities including an indoor pool, fitness centre, and tennis courts. Conveniently located near parks, schools, shopping, transit, and the future Hurontario LRT, making this an ideal place for families to call home. More details
    Listed by RE/MAX METROPOLIS REALTY
    LISTING DETAILS

  • 267 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13537898

    267 Lakeshore Road E Port Credit Mississauga L5G 1G8
    Main Photo: 267 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13537898

    267 Lakeshore Road E Mississauga L5G 1G8 Port Credit

    $1,799,999 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13537898
    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

  • 881 Lakeshore Road E in Mississauga: Lakeview House for sale : MLS®# W13531522

    881 Lakeshore Road E Lakeview Mississauga L5E 1E2
    Main Photo: 881 Lakeshore Road E in Mississauga: Lakeview House for sale : MLS®# W13531522

    881 Lakeshore Road E Mississauga L5E 1E2 Lakeview

    $999,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13531522
    Bedrooms:
    5
    Bathrooms:
    3
    Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos) More details
    Listed by The Agency
    LISTING DETAILS

  • 306 1063 Douglas Mccurdy Common in Mississauga: Lakeview Condo Apartment for sale : MLS®# W13527920

    306 1063 Douglas Mccurdy Common Lakeview Mississauga L5G 4B1
    Main Photo: 306 1063 Douglas Mccurdy Common in Mississauga: Lakeview Condo Apartment for sale : MLS®# W13527920

    306 1063 Douglas Mccurdy Common Mississauga L5G 4B1 Lakeview

    $599,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13527920
    Bedrooms:
    2
    Bathrooms:
    2
    Experience lakeside living at its finest in this almost brand-new, open-concept residence. Boasting 10ft ceilings and floor-to-ceiling windows, this 1-bedroom plus den suite is bathed in natural light and offers over 700 Sq ft of bright, airy living space. Enjoy serene, unobstructed views of the neighboring park and ravine from your private sanctuary. The functional layout features a versatile den-perfect as a home office or second bedroom-and a primary retreat complete with a 3-piece ensuite and glass shower. The modern kitchen is a chef's dream, outfitted with quartz countertops, a center island, and premium stainless steel appliances. Located steps from the vibrant shops and cafes of Lakeshore and minutes from the Port Credit GO and QEW, this home offers a seamless commute to downtown. More details
    Listed by CMI REAL ESTATE INC.
    LISTING DETAILS

  • 7177 Village Walk in Mississauga: Meadowvale Village House for sale : MLS®# W13523494

    7177 Village Walk Meadowvale Village Mississauga L5W 1X2
    Main Photo: 7177 Village Walk in Mississauga: Meadowvale Village House for sale : MLS®# W13523494

    7177 Village Walk Mississauga L5W 1X2 Meadowvale Village

    $989,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13523494
    Bedrooms:
    4
    Bathrooms:
    4
    Stunning & Beautifully Maintained Semi-Detached Home located in the highly desirable Meadowvale Village community! This bright and spacious home features 3 generous bedrooms, 4 washrooms, and a finished basement with a separate entrance through the garage, offering excellent potential for extended family living or future rental income .The main floor showcases a modern kitchen with quartz countertops, stylish cabinetry, and an open-concept layout with laminate flooring throughout. The finished basement includes a bedroom, full washroom, laminate flooring, and the convenience of two separate laundry areas, making it ideal for multi-generational living. Situated in one of Mississauga's most sought-after family-friendly neighbourhoods, this home is just minutes from Highways 401 & 407, top-rated schools, parks, public transit, shopping, restaurants, FreshCo, Food Basics, McDonald's, gas stations, and all essential amenities. Conveniently located on the Mississauga-Brampton border, offering easy access to everything you need A perfect opportunity for first-time buyers, growing families, or investors. Move-in ready-don't miss your chance to own this exceptional home! More details
    Listed by ROYAL LEPAGE CERTIFIED REALTY
    LISTING DETAILS

  • 702 530 Lolita Gardens in Mississauga: Mississauga Valleys Condo Apartment for sale : MLS®# W13518034

    702 530 Lolita Gardens Mississauga Valleys Mississauga L5A 2A8
    Main Photo: 702 530 Lolita Gardens in Mississauga: Mississauga Valleys Condo Apartment for sale : MLS®# W13518034

    702 530 Lolita Gardens Mississauga L5A 2A8 Mississauga Valleys

    $390,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13518034
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this spacious 2-Bedroom Corner Unit with amazing views. This apartment building faces a huge park and has tons of natural light. This unit features laminate flooring throughout and a master bedroom with a big walk-in closet. This apartment is located neartop-rated schools, No Grocery Stores, Mississauga's Chinatown and is minutes from the Square One mall. The highly anticipated LRT which is also very close, will be operational soon. Book your showing today! More details
    Listed by CENTURY 21 PROPERTY ZONE REALTY INC.
    LISTING DETAILS

  • 807 2323 Confederation Parkway in Mississauga: Cooksville Condo Apartment for sale : MLS®# W13518848

    807 2323 Confederation Parkway Cooksville Mississauga L5B 1R6
    Main Photo: 807 2323 Confederation Parkway in Mississauga: Cooksville Condo Apartment for sale : MLS®# W13518848

    807 2323 Confederation Parkway Mississauga L5B 1R6 Cooksville

    $439,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13518848
    Bedrooms:
    4
    Bathrooms:
    2
    Spacious 3 + 1 Bedroom Family-Size Or Downsizers Dream Condo With Southeast Exposure & Abundant Natural Light. Classic Mosaic-Tiled Foyer Offering Nostalgic Charm. Spacious Eat-In Kitchen With Faux Skylight Ceiling, Rustic Quality Cabinets, Built-In Dishwasher & Clean Functional Appliances. Enclosed Balcony Converted To Fully Sealed Office/Study/Den Room With Raised Floor. Bright Unit With Ample Natural Light Throughout. Large Living Area With Extra Open Den/Study Nook. Three Generous Bedrooms With Large Windows, Window Coverings & Good-Sized Closets. Primary Bedroom Features His & Hers Walk-Through Closets & 2-Pc Ensuite. Updated Bathrooms, Newer Light Fixtures, Well-Sealed Double-Paned Windows & Good HVAC Providing Excellent Cooling. Prime Central Location: 1 Min To Trillium Hospital, 3 Mins To Hwy 403, 10 Mins To Square One & Port Credit, 15 Min To Hwy 401. Bright Sun-Filled Unit With Clear South-East Views. Steps To Cooksville GO & Future Hurontario LRT. Walking Distance To Hospital, Schools, Parks, Shopping & More. Minutes To Waterfront Trails, Marinas, Cafes & Restaurants. All-Inclusive Utilities For Predictable Monthly Cost. Excellent Amenities: Indoor Pool, Gym, Sauna, Workshop, Party Room. Unmatched Value In The Heart Of Mississauga! No OdorsClean, Nostalgic Scent. Evident Pride Of Ownership. Ideal Opportunity To Customize A Spacious 3+2 Layout! More details
    Listed by REALTRIS INC.
    LISTING DETAILS

  • 881 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13519106

    881 Lakeshore Road E Lakeview Mississauga L5E 1E2
    Main Photo: 881 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13519106

    881 Lakeshore Road E Mississauga L5E 1E2 Lakeview

    $999,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13519106
    Total Area:
    1,905 sq. ft.
    Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos) More details
    Listed by The Agency
    LISTING DETAILS

  • 605 15 Elizabeth Street N in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13501306

    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®# W13501306

    605 15 Elizabeth Street N Mississauga L5G 2Z3 Port Credit

    $459,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13501306
    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

  • 3436 Old Orchard Park Drive in Mississauga: Fairview House for sale : MLS®# W13483094

    3436 Old Orchard Park Drive Fairview Mississauga L5B 4C9
    Main Photo: 3436 Old Orchard Park Drive in Mississauga: Fairview House for sale : MLS®# W13483094

    3436 Old Orchard Park Drive Mississauga L5B 4C9 Fairview

    $1,299,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13483094
    Bedrooms:
    4
    Bathrooms:
    5
    Fantastic opportunity to own a 4-bedroom detached home in one of Mississauga's most sought-after family neighbourhoods. This home offers a separate entrance and a finished basement with 2 bedrooms and 2 bathrooms. Ideally located close to Square One, top-rated schools, parks, public transit, and major highways, this home offers exceptional convenience for commuters and growing families alike. Situated on a quiet residential street surrounded by mature homes and green space, this property presents endless potential to make it your own. Enjoy easy access to shopping, dining, recreation, and all the amenities that make this central Mississauga location so desirable. A great opportunity in a prime location. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS

  • 312 1063 Douglas McCurdy Common in Mississauga: Lakeview Condo Apartment for sale : MLS®# W13475878

    312 1063 Douglas McCurdy Common Lakeview Mississauga L5G 0C5
    Main Photo: 312 1063 Douglas McCurdy Common in Mississauga: Lakeview Condo Apartment for sale : MLS®# W13475878

    312 1063 Douglas McCurdy Common Mississauga L5G 0C5 Lakeview

    $769,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13475878
    Bedrooms:
    2
    Bathrooms:
    3
    2 Bedroom + Den With 2 Washrooms And A Balcony. Showcasing Luxury Finishes Throughout! 1,144 Sq Ft Plus Balcony, 9 Ft Smooth Ceilings, And Wood Flooring In All Non-Tile Areas. Modern Kitchen With Granite Countertops, Tile Backsplash, Pantry And Centre Island. Bathrooms Feature Caesarstone Counters And Undermount Sinks. Spacious Primary Bedroom And 2nd Bedroom Both With Ensuites! More details
    Listed by RE/MAX REALTY ENTERPRISES INC.
    LISTING DETAILS
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Data was last updated July 14, 2026 at 07:15 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.