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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We have found a total of 65 listings, but only 62 are available for public display. To get instant access to all 65 listings, please .
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  • 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
    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

  • 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

    $1,149,000
    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

  • 17 Andrika Court in Mississauga: Hurontario House for sale : MLS®# W13818740

    17 Andrika Court Hurontario Mississauga L4Z 4E9
    Main Photo: 17 Andrika Court in Mississauga: Hurontario House for sale : MLS®# W13818740

    17 Andrika Court Mississauga L4Z 4E9 Hurontario

    $799,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13818740
    Bedrooms:
    3
    Bathrooms:
    4
    Step into this move-in-ready executive townhome situated in one of Mississauga's most dynamic areas. From the entryway, the home's unique warmth and character immediately stand out, creating an inviting atmosphere that's great for everyday living and entertaining. The main floor offers impressive ceiling height and direct access from the breakfast area to a raised deck-an ideal spot to start your day or relax in the evenings .The home includes a bright eat-in kitchen with a breakfast bar and stainless steel appliances, along with a private fenced backyard featuring a finished walkout. Three well-sized bedrooms and four bathrooms provide plenty of room for families and guests alike. Sunlight fills the home throughout, adding to its comfortable and uplifting feel. Its central location places you minutes from Highways 401 and 403, Square One, grocery stores, gyms, schools, places of worship, and the new transit system right nearby. This is a rare opportunity to own a home that blends comfort, convenience, and modern living in one of Mississauga's most desirable neighbourhoods. More details
    Listed by PSR
    LISTING DETAILS

  • 702 55 Port Street E in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13818894

    702 55 Port Street E Port Credit Mississauga L5G 4P3
    Main Photo: 702 55 Port Street E in Mississauga: Port Credit Condo Apartment for sale : MLS®# W13818894

    702 55 Port Street E Mississauga L5G 4P3 Port Credit

    $3,489,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13818894
    Bedrooms:
    3
    Bathrooms:
    3
    **Power Of Sale** On The Water **One OF A Kind** Absolute Stunning Unit With Gorgeous Unobstructed South Lake Views. Full Lake Views & View OF Downtown Toronto - RARE! **Corner Unit** Floor To Ceiling Window Very Bright & Spacious - Open Concept Layout- Approx 2920sqft - 2 Large Covered Terraces. One Terrace At Front, One At Rear of Unit. Unit 702 is Uniquely Configured, Current Set Up Is With 2 Private Entrances - Can Be Used As 2 Units OR 1 Large 3 Bedroom Unit, After Conversion. **Floor Plan Attached** Chefs Kitchen With Built in Appliances, Large Island GreatFor Entertaining, Warm Decor, Colors Thru/out. Custom Fireplace Overlooks Terrace & Lakes - Primary Bedroom, With 5 Pc Ensuite, B/I Sauna Connection, Walk In Closet & Walk out To Terrace, Enjoy The Sauna , Terrace & Views, Rare Spa Like Setting. Fully Upgraded Unit. Oversized Pantry From the Kitchen, Gas Stove, B/I Appliances. Main Floor Laundry. More details
    Listed by REMAX YOUR COMMUNITY REALTY
    LISTING DETAILS

  • 5859 Riverside Place in Mississauga: East Credit House for sale : MLS®# W13820620

    5859 Riverside Place East Credit Mississauga L5M 4X1
    Main Photo: 5859 Riverside Place in Mississauga: East Credit House for sale : MLS®# W13820620

    5859 Riverside Place Mississauga L5M 4X1 East Credit

    $2,099,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13820620
    Bedrooms:
    8
    Bathrooms:
    5
    Set on a remarkable deep ravine lot backing directly onto the Credit River in sought-after East Credit, 5859 Riverside Place offers exceptional privacy within easy reach of Streetsville Village, local shops, cafés and the GO station. Mature trees and a tranquil natural backdrop create a setting that is increasingly hard to find.Inside, a full-sized indoor pool and sauna create a private, year-round retreat. The dramatic living room features a cathedral ceiling and striking wall-to-wall mural, while a skylight fills the central staircase with natural light. The chef's kitchen is equipped with a built-in refrigerator and oven, 5-burner gas cooktop, centre island, and sunlit breakfast area overlooking the ravine.A dedicated main-floor office and full bathroom add valuable everyday flexibility. Outdoors, an oversized patio beneath a grapevine-draped pergola, together with a built-in projection screen, creates an exceptional setting for relaxed entertaining and open-air movie nights.Upstairs, the primary retreat opens to a private balcony overlooking the ravine. The lower level includes a temperature-controlled wine cellar, adding a thoughtful touch for collectors and hosts alike. With direct Credit River backing, an indoor pool and sauna, and a secluded natural setting, this is a distinctive East Credit property with a lifestyle that is difficult to replicate. More details
    Listed by HOMEWISE REAL ESTATE
    LISTING DETAILS

  • 3374 Morning Star Drive in Mississauga: Malton House for sale : MLS®# W13812242

    3374 Morning Star Drive Malton Mississauga L4T 1X8
    Main Photo: 3374 Morning Star Drive in Mississauga: Malton House for sale : MLS®# W13812242

    3374 Morning Star Drive Mississauga L4T 1X8 Malton

    $639,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13812242
    Bedrooms:
    5
    Bathrooms:
    3
    An opportunity for renovators, investors or buyers looking to enter into the market! This four-bedroom, three-bathroom semi-detached home is situated on a corner lot and offers potential to renovate. *This Property is being sold "as-is-where-is"* The functional layout features a spacious main-floor living room with large windows providing an abundance of natural light, along with a separate dining area. Conveniently located close to hwy 427, walmart, westwood square, schools, medical services, Malton community centre & library, grocery stores, banks, restaurants, and public transit. More details
    Listed by RE/MAX REALTY SPECIALISTS INC.
    LISTING DETAILS

  • 3334 Morning Star Drive in Mississauga: Malton House for sale : MLS®# W13812864

    3334 Morning Star Drive Malton Mississauga L4T 1X7
    Main Photo: 3334 Morning Star Drive in Mississauga: Malton House for sale : MLS®# W13812864

    3334 Morning Star Drive Mississauga L4T 1X7 Malton

    $819,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13812864
    Bedrooms:
    6
    Bathrooms:
    3
    ****POWER OF SALE**** (Mortgage Default) Sold As Is - Where Is. Investment Property. Solid brick bungalow located in Malton community. 51.45 ft. x 125.00 ft. lot. Features 3x3 bedrooms and 3 bathrooms. Separate side entrance for basement rental. Conveniently located close to schools, parks, public transit, highways and all essential amenities. More details
    Listed by TRANSGLOBAL REALTY CORP.
    LISTING DETAILS

  • #42 2355 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W13813320

    #42 2355 Derry Road E Northeast Mississauga L5S 1V6
    Main Photo: #42 2355 Derry Road E in Mississauga: Northeast Commercial for sale : MLS®# W13813320

    #42 2355 Derry Road E Mississauga L5S 1V6 Northeast

    $999,888 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13813320
    Total Area:
    1,907 sq. ft.
    Absolutely Priced To Sell, Turnkey, Office Condo unit. Perfect For A Professional Services Firm Or An Investor. Excellent Location With Many Amenities Nearby. Mix-Use Professional Office, Accounting, Insurance, Travel, Finance Office. Access To Public Transit. Main Floor Reception, Office, Boardrooms, Kitchen, Washroom & Second Floor Reception Area With 3 Private Offices And Washroom !! Good opportunity to own your personal unit for your business. Property is sold in "As is" condition. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
    LISTING DETAILS

  • 1202 223 Webb Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13798494

    1202 223 Webb Drive City Centre Mississauga L5B 0E8
    Main Photo: 1202 223 Webb Drive in Mississauga: City Centre Condo Apartment for sale : MLS®# W13798494

    1202 223 Webb Drive Mississauga L5B 0E8 City Centre

    $417,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13798494
    Bedrooms:
    2
    Bathrooms:
    1
    Attention First-Time Home Buyers, And Investors! RARE Opportunity To Acquire A High-Potential 2-Bedroom, 1-Washroom Corner Suite In The Demand "Onyx Condos." Spanning A Generous 774 Sq. Ft., This Unit Offers Incredible Bones, Highlighting High Ceilings, Two Private Walk-Out Balconies, And Floor-To-Ceiling Perimeter Glass Wrapping The Main Living Space. Steps To Square One, Transit Core, And Premium Building Amenities Including A Panoramic Rooftop Lounge, Indoor Pool, And 24-Hour Concierge. Property Is Being Sold Strictly In "AS-IS, WHERE-IS" Condition. Bring Your Creative Touch To This Fantastic Layout and Step Into Homeownership or Grow Your Portfolio! Property sold completely 'as is, where is' without any representations or warranties from the Seller. All measurements, taxes, and property details to be verified independently by the Buyer. More details
    Listed by ROYAL LEPAGE PLATINUM REALTY
    LISTING DETAILS

  • 1142 Haig Boulevard in Mississauga: Lakeview House for sale : MLS®# W13791778

    1142 Haig Boulevard Lakeview Mississauga L5E 2M7
    Main Photo: 1142 Haig Boulevard in Mississauga: Lakeview House for sale : MLS®# W13791778

    1142 Haig Boulevard Mississauga L5E 2M7 Lakeview

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13791778
    POWER OF SALE! Last sale $970k in 2022, Rare 30.58 x 183' Deep Prime Building Lot Backing on Parkland In Desirable Lakeview, Fabulous Opportunity To Build Your Dream Home or build a 3-4 plex as permitted by City, Approved For 3 Storey Custom Home With Double Garage, 3387 Sqft + Bsmt, 3 Bdrms On 2nd Level, 3rd Level Master Bdrm Retreat With Sundeck Overlooking Park, Sun Filled Backyard, Sunny West Exposure, Steps To Lake, Waterfront Trail & Exciting Upcoming Lakeview Development, 15 Mins To Toronto Extras: Discover The Ultimate Family Lifestyle Steps To Beautiful Lake Ontario, Huge Backyard Offers Plenty Of Space To Create A Dream Private Oasis With Outdoor Kitchen, Firepit & Entertainment Area, Direct Access To Beautiful Park, Must See! More details
    Listed by SUTTON GROUP QUANTUM REALTY INC.
    LISTING DETAILS

  • 5112 Heritage Hills Boulevard in Mississauga: Hurontario House for sale : MLS®# W13794260

    5112 Heritage Hills Boulevard Hurontario Mississauga L5R 2C6
    Main Photo: 5112 Heritage Hills Boulevard in Mississauga: Hurontario House for sale : MLS®# W13794260

    5112 Heritage Hills Boulevard Mississauga L5R 2C6 Hurontario

    $1,599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13794260
    Bedrooms:
    4
    Bathrooms:
    3
    Welcome to 5112 Heritage Hills Blvd. Spacious and impressive home with main floor office. Exceptional pie-shaped lot. Must Be Seen! More details
    Listed by INTERCITY REALTY INC.
    LISTING DETAILS
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Data was last updated September 29, 2026 at 04:15 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.