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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  • 6351 Miller's Grove in Mississauga: Meadowvale House for sale : MLS®# W13655112

    6351 Miller's Grove Meadowvale Mississauga L5N 3K2
    Main Photo: 6351 Miller's Grove in Mississauga: Meadowvale House for sale : MLS®# W13655112

    6351 Miller's Grove Mississauga L5N 3K2 Meadowvale

    $999,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13655112
    Bedrooms:
    6
    Bathrooms:
    4
    Welcome To This Family Home In The Highly Sought-After Miller's Grove Community! Situated On A Premium 50' X 120' Pool-Sized Lot, This House Offers 4+2 Bedrooms Finished Basement, 4 Washrooms, And 2 Kitchens. The Functional Layout Features Generous Living And Dining Rooms, A Separate Family Room With A Cozy Fireplace, Second Floor offer Master With 4 Pc Ensuite & W/I Closet, Other 3 Good Size Room With Closet, Window & $ Pc Bath And Convenient Main Floor Laundry. 2 Bedroom Finished basement With Separate Kitchen & Separate Entrance An Ideal Home For Large Or Extended Families, Offering Exceptional Space, Comfort, And Endless Potential In One Of The Area's Most Desirable Neighborhoods, Close To Top-Rated Schools, Meadowvale Town Centre, Erin Mills Town Centre, Parks, Walking & Cycling Trails, Lake Aquitaine Park, Community Centers, Libraries, Grocery Stores, Restaurants, Cafés, Medical Clinics, Credit Valley Hospital, Public Transit, Meadowvale GO Station, Lisgar GO Station, And Quick Access To Highways 401, 403 & 407. Power of Sale Property being sold strictly "as is, where is." Property being Sold Without Vacant Possession!! More details
    Listed by NEWGEN REALTY EXPERTS
    LISTING DETAILS

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

    37-4135 Shipp Drive Hurontario Mississauga L4Z 0A7
    OPEN HOUSE: Aug 15, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, August 15, 2026 2:00PM - 4:00PM
    OPEN HOUSE: Aug 16, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, August 16, 2026 2:00PM - 4:00PM
    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

  • 210 285 Enfield Place in Mississauga: City Centre Condo Apartment for sale : MLS®# W13624572

    210 285 Enfield Place City Centre Mississauga L5B 3Y6
    Main Photo: 210 285 Enfield Place in Mississauga: City Centre Condo Apartment for sale : MLS®# W13624572

    210 285 Enfield Place Mississauga L5B 3Y6 City Centre

    $396,900
    Residential Condo & Other
    Status:
    Active Under Contract
    MLS® Num:
    W13624572
    Bedrooms:
    3
    Bathrooms:
    2
    **The sellers will pay the special assessment in full, providing added peace of mind for the next owner. They are also open to discussing creative financing solutions, including a Vendor Take-Back (VTB) for qualified buyers, to help make ownership more accessible** Experience bright, contemporary living in one of Mississauga's most sought-after City Centre communities. This beautifully updated 2+1 bedroom, 2-bathroom corner suite is filled with natural light and offers a spacious, functional layout ideal for everyday living. Recent upgrades include stylish new flooring, fresh designer paint, and modern bathroom vanities, creating a move-in-ready home you'll love. The open-concept living and dining areas provide the perfect space to entertain, while the sun-filled solarium offers endless possibilities as a home office, reading nook, or additional lounge area. The full-sized kitchen provides plenty of workspace and storage, making meal preparation effortless. Added conveniences include ensuite laundry, underground parking, and all-inclusive maintenance fees covering heat, hydro, water, cable TV, and air conditioning. Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge/security, an indoor swimming pool, fitness centre, tennis court, party room, and beautifully maintained common areas. Perfectly positioned in the heart of Mississauga, you're just a short walk to Square One Shopping Centre, Celebration Square, Kariya Park, restaurants, cafés, schools, GO Transit, and MiWay transit. Commuters will appreciate quick access to Highways 403, 401, and the QEW, while Trillium Health Partners Hospital is only minutes away. Whether you're a first-time buyer, downsizer, or investor, this exceptional home offers outstanding value, convenience, and an unbeatable lifestyle in a thriving urban neighbourhood. More details
    Listed by FOREST HILL REAL ESTATE 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

  • PH4 4011 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13611612

    PH4 4011 Brickstone Mews Creditview Mississauga L5B 0G3
    Main Photo: PH4 4011 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13611612

    PH4 4011 Brickstone Mews Mississauga L5B 0G3 Creditview

    $899,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13611612
    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

  • 318 21 Park Street E in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13609312

    318 21 Park Street E Port Credit Mississauga L5G 0C2
    Main Photo: 318 21 Park Street E in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13609312

    318 21 Park Street E Mississauga L5G 0C2 Port Credit

    $439,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13609312
    Bedrooms:
    1
    Bathrooms:
    1
    Discover elevated living at Tanu Condos, ideally situated in the heart of Port Credit just moments from the waterfront. This sun filled 713 sq ft corner unit offers an open concept layout with a seamless flow between the living, dining, and kitchen areas, accented through with contemporary finishes and oversized windows that flood the space with natural light fr two exposures. The well appointed kitchen features, sleek cabinetry, and generous storage, ideal for hosting or everyday ease. The bedroom is generously sized, offering a comfortable retreat with practical functionality. Additional conveniences include ensuite laundry and access to premium building amenities. Enjoy unbeatable proximity to Port Credit GO Station, Memorial Arena, Port Credit Secondary School, Harbor Marina, Memorial Park and the Library all within walking distance. A rare opportunity to own a bright corner suite in one of Mississauga's most sought after lakeside communities. Seller does not verify taxes, rentals, parking and all fees. More details
    Listed by RE/MAX GOLD REALTY INC.
    LISTING DETAILS

  • 9 2600 GLENGARRY Road in Mississauga: Erindale Condo Townhouse for sale : MLS®# W13610616

    9 2600 GLENGARRY Road Erindale Mississauga L5C 0A2
    Main Photo: 9 2600 GLENGARRY Road in Mississauga: Erindale Condo Townhouse for sale : MLS®# W13610616

    9 2600 GLENGARRY Road Mississauga L5C 0A2 Erindale

    $733,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13610616
    Bedrooms:
    3
    Bathrooms:
    4
    Welcome to 2600 Glengarry, featuring a spacious 3-bedroom, 3.5-bath townhouse offering 1,815 sq. ft. of above-ground living space with a functional layout ideal for families. Bright eat-in kitchen with ample cabinetry, a centre island, and a walkout to the backyard. Direct garage access adds everyday convenience. Ideally located in a sought-after neighbourhood close to parks, trails, golf, shopping, public transit, Erindale GO, and Mississauga Hospital. A fantastic opportunity to own a spacious home in a prime location. More details
    Listed by GFA REALTY LTD.
    LISTING DETAILS

  • 682 Eaglemount Crescent in Mississauga: Erindale House for sale : MLS®# W13596982

    682 Eaglemount Crescent Erindale Mississauga L5C 1N9
    Main Photo: 682 Eaglemount Crescent in Mississauga: Erindale House for sale : MLS®# W13596982

    682 Eaglemount Crescent Mississauga L5C 1N9 Erindale

    $748,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13596982
    Bedrooms:
    3
    Bathrooms:
    3
    Fantastic opportunity in a highly desirable location! This spacious 5-level backsplit is situated on a premium pie-shaped lot with a large backyard, offering plenty of space for families, entertaining, or future outdoor enjoyment. The home features a separate entrance to the lower level and a second kitchen, providing excellent potential for extended family living or additional flexibility. While some repairs and updates are needed, the home is priced to reflect its condition, making it an outstanding value in today's market. With its generous layout, sought-after location, and endless potential, this is an opportunity you won't want to miss! More details
    Listed by PROPERTY.CA INC.
    LISTING DETAILS

  • 2002 4099 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13596198

    2002 4099 Brickstone Mews Creditview Mississauga L5B 0G2
    Main Photo: 2002 4099 Brickstone Mews in Mississauga: Creditview Condo Apartment for sale : MLS®# W13596198

    2002 4099 Brickstone Mews Mississauga L5B 0G2 Creditview

    $409,500
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13596198
    Bedrooms:
    1
    Bathrooms:
    1
    Experience elevated urban living in this beautifully updated 1-bedroom suite at the prestigious Parkside Village in the heart of Mississauga. Situated on the 20th floor, this bright and spacious unit features soaring 9-foot ceilings, floor-to-ceiling windows, and an open-concept layout that maximizes both space and natural light. The modern gourmet kitchen is equipped with granite countertops, stainless steel appliances, and ample cabinetry, seamlessly flowing into the generous living and dining area-perfect for everyday living and entertaining.Residents enjoy access to over 50,000 sq. ft. of premium resort-style amenities, including an indoor swimming pool, sauna, fully equipped fitness centre, yoga studio, rooftop terrace withBBQs, wine cellar, party and media rooms, guest suites, 24-hour concierge, and visitor parking.Ideally located just steps from Square One Shopping Centre, Celebration Square, the CentralLibrary, City Hall, YMCA, Sheridan College, Cineplex, T&T Supermarket, and the MiWay/GOTransit Hub, with quick access to Highways 403 and 401. An exceptional opportunity for first-time home buyers, professionals, or investors seeking luxury, convenience, and an unbeatable location.Gym, Sauna, 24 Hrs Security, Bbq, Guest Rooms, Games Room, Visitor Parking, Media Room, PartyRoom And Much More. All Appliances, Elfs, And Window Coverings. 1 Parking and Locker Included. More details
    Listed by HOUSESIGMA INC.
    LISTING DETAILS
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Data was last updated August 15, 2026 at 12:15 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.