Power of Sale Listings in Toronto and Bank Foreclosures Properties

Navigating the Toronto power of sale market requires speed. Distressed properties across Downtown, North York, Etobicoke, and Scarborough rarely stay active for long. Whether you are seeking a high-equity condo in Liberty Village or a detached fixer-upper in East York, our database updates daily with bank-owned homes and estate sales.

In Toronto, these properties are sold "As-Is, Where-Is" by major banks and private lenders looking for a fast recovery. To secure a Toronto foreclosure, you need immediate data. Explore our 190+ active listings below, or join our VIP list for instant alerts before properties hit the broader MLS®.

What Is Power of Sale in Toronto?

Power of sale is the legal process used in Ontario when a homeowner fails to make mortgage payments. Instead of going through court foreclosure like in the United States, lenders in Ontario can sell the property directly to recover the debt.

This means power of sale listings in Toronto often sell faster and can be priced lower than comparable homes on the market.

Buyers can purchase power of sale homes the same way as any other property, but these transactions may require additional conditions and legal review.

Common types of power of sale properties in Toronto include:

  • Bank owned homes
  • Foreclosure listings
  • Distressed properties
  • Court ordered sales
  • Investment properties
  • Fixer upper homes

These properties can be found across the GTA, including Toronto, Mississauga, Vaughan, Durham Region, and surrounding areas.

Why Buy Power of Sale Homes in Toronto

Many buyers search for foreclosure listings in Toronto because they want to find properties below market value. Power of sale homes can offer strong opportunities for both investors and end users.

Benefits of buying power of sale in Toronto:

  • Potentially lower purchase price
  • Motivated sellers (banks and lenders)
  • Good opportunities for renovation projects
  • Strong rental investment potential
  • Access to off market deals

Toronto continues to be one of the strongest real estate markets in Canada, and buying distressed properties can be a smart way to enter the market at a lower price point.

Areas in Toronto With Power of Sale Listings

Power of sale properties can be found across the city, including:

  • Downtown Toronto
  • North York
  • Scarborough
  • Etobicoke
  • East York
  • York Region
  • Durham Region

Buyers searching for Toronto foreclosure listings often focus on areas where inventory changes frequently, including condo buildings, older homes, and investment properties.

You can also browse power of sale listings in nearby cities:

How to Buy Power of Sale in Toronto

Buying a power of sale property in Toronto is similar to buying any home, but there are a few important steps.

  1. Get pre-approved for financing
  2. Search current power of sale listings
  3. Review property condition carefully
  4. Submit an offer with proper conditions
  5. Complete legal review before closing

Because banks sell these properties as-is, it is important to work with a real estate professional familiar with foreclosure and power of sale transactions in Ontario.

Our team has experience helping buyers purchase distressed properties across Toronto and the GTA.

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  • PH212 138 Downes Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13869862

    PH212 138 Downes Street Waterfront Communities C1 Toronto M5E 0E4
    Main Photo: PH212 138 Downes Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13869862

    PH212 138 Downes Street Toronto M5E 0E4 Waterfront Communities C1

    $580,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13869862
    Bedrooms:
    1
    Bathrooms:
    1
    Experience elevated waterfront living at Sugar Wharf Condos by Menkes, one of Toronto's most dynamic and fast-growingcommunities. Perfectly positioned just moments from Union Station, the Financial District, Sugar Beach, and everyday essentials like Loblawsand Farm Boy, this location offers a seamless blend of lifestyle and convenience.This bright one-bedroom suite features a thoughtfullydesigned open-concept layout, enhanced by wide-plank flooring and expansive floor-to-ceiling windows that fill the space with natural light.The living and dining area flows effortlessly onto a generous terrace, where unobstructed views of Lake Ontario create a truly impressivebackdrop.The kitchen presents a clean, modern aesthetic with integrated appliances and a sleek backsplash, while the welcoming foyerincludes a practical double closet for added storage. The bedroom is well-proportioned with ample closet space, and the spa-inspiredbathroom delivers a calm, refined atmosphere.Residents enjoy access to an exceptional range of amenities, including a 24-hour concierge,fitness centre, yoga studios, basketball court, co-working spaces, games lounge, music and art rooms, as well as private theatres. More details
    Listed by SUNSHINE REALTY BROKERAGE INC.
    LISTING DETAILS

  • 89 Oriole Parkway in Toronto: Yonge-St. Clair House for sale (Toronto C02) : MLS®# C13871148

    89 Oriole Parkway Yonge-St. Clair Toronto M5P 2G7
    Main Photo: 89 Oriole Parkway in Toronto: Yonge-St. Clair House for sale (Toronto C02) : MLS®# C13871148

    89 Oriole Parkway Toronto M5P 2G7 Yonge-St. Clair

    $1,949,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C13871148
    Bedrooms:
    8
    Bathrooms:
    6
    Welcome to this exceptionally spacious midtown duplex, offering two 3-bedroom units of approximately 1,800 sq. ft. each, plus a fully finished 2-bedroom, 1-bathroom basement suite. With 3,595 sq. ft. above grade (MPAC), this property provides remarkable living space and versatility. Ideally located steps from local amenities and a short walk to both Davisville and St. Clair subway stations, with a bus stop at the door, this home offers unbeatable convenience. Enjoy nearby walking trails, Oriole Park, shops, eateries, and grocery stores, all within minutes. Features include original hardwood floors, spacious living and dining rooms, eat-in kitchens, private driveway, and double car garage. Fantastic location and outstanding value. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
    LISTING DETAILS

  • 65 371 Orton Park Road in Toronto: Morningside Condo Townhouse for sale (Toronto E09) : MLS®# E13870478

    65 371 Orton Park Road Morningside Toronto M1G 3V1
    Main Photo: 65 371 Orton Park Road in Toronto: Morningside Condo Townhouse for sale (Toronto E09) : MLS®# E13870478

    65 371 Orton Park Road Toronto M1G 3V1 Morningside

    $649,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13870478
    Bedrooms:
    4
    Bathrooms:
    2
    Welcome to this beautifully renovated end-unit townhome, offering 4 spacious bedrooms and stylish, modern finishes from top to bottom! Freshly painted throughout with smooth ceilings, this move-in ready home features a welcoming foyer with tile flooring, mirrored closet doors and a renovated powder room. The bright, open-concept main level showcases new engineered hardwood flooring, a spacious living room and formal dining area with a large window overlooking the backyard. The brand-new modern kitchen features tile flooring, soft-close cabinetry with new hardware, quartz countertops and backsplash, and new stainless steel appliances. Upstairs, you'll find 4 generously sized bedrooms, each featuring engineered hardwood flooring, double closets and large windows providing an abundance of natural light. The above-grade lower level offers additional living space with vinyl flooring, direct garage access, a laundry area with sink and a walkout to your private backyard patio. Ideally located close to parks, schools, hospital, Centennial College, transit and everyday amenities. A beautifully updated end-unit offering space, style and convenience - simply move in and enjoy! More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS

  • 42 50 Verne Crescent in Toronto: Malvern Condo Townhouse for sale (Toronto E11) : MLS®# E13872630

    42 50 Verne Crescent Malvern Toronto M1B 2X1
    Main Photo: 42 50 Verne Crescent in Toronto: Malvern Condo Townhouse for sale (Toronto E11) : MLS®# E13872630

    42 50 Verne Crescent Toronto M1B 2X1 Malvern

    $590,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13872630
    Bedrooms:
    3
    Bathrooms:
    3
    Welcome to this upgraded 3-bedroom, 3-bathroom condo townhouse offering a functional layout, comfortable living space, and added flexibility across multiple levels. The kitchen provides plenty of room for everyday living and features a walkout to the backyard, creating an easy connection to the outdoor space. Three well-sized bedrooms offer room for families, guests, or a home office. The finished basement adds valuable additional living space and offers excellent potential for extended family, a recreation area, or possible rental use. Ideally located close to the University of Toronto Scarborough, Centennial College, public transit, shopping, everyday amenities, and Highway 401. With its finished lower level, private outdoor space, and convenient location, this home represents excellent value and a great opportunity. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS

  • 99 Midland Avenue in Toronto: Cliffcrest House for sale (Toronto E08) : MLS®# E13873694

    99 Midland Avenue Cliffcrest Toronto M1N 3Z8
    Main Photo: 99 Midland Avenue in Toronto: Cliffcrest House for sale (Toronto E08) : MLS®# E13873694

    99 Midland Avenue Toronto M1N 3Z8 Cliffcrest

    $1,249,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13873694
    Bedrooms:
    3
    Bathrooms:
    3
    Cliffcrest community steps to the Bluffs. Large Bungalow on a premium ravine lot with circular private driveway. Private backyard overlooks ravine, large custom decks. Perfect for renovator, your own personal touches to finish. Endless possibilities. Located near TTC, Parks, Shopping. Scarborough Bluffs, Schools. Being sold as is. See virtual tour. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS

  • 501 36 Charlotte Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13874208

    501 36 Charlotte Street Waterfront Communities C1 Toronto M5V 3P7
    Main Photo: 501 36 Charlotte Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13874208

    501 36 Charlotte Street Toronto M5V 3P7 Waterfront Communities C1

    $489,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13874208
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this bright, spacious 665 sq. ft. 1-bedroom suite at Charlotte Lofts, one of King West's most sought-after boutique buildings. This corner-style unit offers a larger footprint than most comparables in the area, with an open-concept living/dining space, a versatile den/office with walkout to a private patio, and a well-appointed kitchen with stone counters. Enjoy resort-style building amenities including a rooftop deck, gym, and party room, all just steps from the King and Spadina streetcars with direct access to the subway and Union Station in minutes. Walk to Toronto's waterfront and the Martin Goodman Trail in under 20 minutes, or explore nearby green space at Clarence Square and Canoe Landing Park. You're also steps from the Financial District, Entertainment District theatres and cinemas, and some of King West's best restaurants, cafés, and boutique shopping. With a Walk Score near 100 and a Transit Score to match, this is true urban living at your doorstep. Utilities included in maintenance fees for worry-free ownership. A rare opportunity to own more space in one of the city's most walkable neighbourhoods. More details
    Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
    LISTING DETAILS

  • 319 Indian Road in Toronto: High Park-Swansea House for sale (Toronto W01) : MLS®# W13865556

    319 Indian Road High Park-Swansea Toronto M6R 2X9
    Main Photo: 319 Indian Road in Toronto: High Park-Swansea House for sale (Toronto W01) : MLS®# W13865556

    319 Indian Road Toronto M6R 2X9 High Park-Swansea

    $1,599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13865556
    Bedrooms:
    4
    Bathrooms:
    2
    Steps to High Park in the beloved Roncesvalles neighbourhood, this handsome detached brick century home offers character, generous space and exciting possibilities. Bay windows, a charming staircase and fireplaces on each of the three principal floors and in the basement provide inspiration for a thoughtful restoration. Offering approximately 3,200 sq. ft. above grade and 3,972 sq. ft. of total living space, the property features three principal levels, a basement and a fourth-floor attic loft. The expansive interior invites a new vision, with potential to create a spacious four-bedroom or larger family home or explore a multi-unit configuration, subject to applicable zoning and approvals. A private driveway with parking for three vehicles adds welcome convenience. Enjoy morning walks through High Park, coffee on Roncy and the neighbourhood's independent shops, restaurants and everyday amenities, with convenient access to Dundas West subway, Bloor GO and UP Express. Requiring renovation and offered in "as is, where is" condition, 319 Indian Road is ready to be reimagined. Interior partially stripped, with portions of the former room divisions removed, offering flexibility to redesign the layout. No installed kitchen. Room names and dimensions describe existing areas; buyers to verify suitability for their intended configuration. More details
    Listed by THE BEHAR GROUP REALTY INC.
    LISTING DETAILS

  • 5 Kimbercroft Court in Toronto: Agincourt South-Malvern West House for sale (Toronto E07) : MLS®# E13869618

    5 Kimbercroft Court Agincourt South-Malvern West Toronto M1S 4V6
    Main Photo: 5 Kimbercroft Court in Toronto: Agincourt South-Malvern West House for sale (Toronto E07) : MLS®# E13869618

    5 Kimbercroft Court Toronto M1S 4V6 Agincourt South-Malvern West

    $769,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13869618
    Bedrooms:
    3
    Bathrooms:
    3
    PRIME AGINCOURT LOCATION! A fantastic opportunity to own a detached home in one of Scarborough's most convient and established communities! Just steps to TTC transit and mintues to Hwy 401, this spacious backsplit offers a functional layout with seperate Living, Dining and Family Rooms, 3 Bedrooms and 3 Washrooms. The home also features a 1-car garage and an extra-wide, expanded paved driveway providing exceptional parking. With generous living spaces and a versatile floor plan, there is plenty of room for families to grow, investors to explore potential, or buyers looking to create a home that truly reflects their style. Location is hard to beat! Walk to Agincourt Collegiate Institute and White Haven Public School, with shopping, restaurants, Scarborough Town Centre, Centennial College and TTC transit all conveniently close by. Quick access to Hwy 401 makes commuting across the GTA a breeze. An excellent opportunity for those looking to renovate, personalize and unlock the potential of a well-located detached property in a sought-after neighbourhood. Bring your vision and transform this home into somthing special! Space. Location. Potential. This is an opportunity you won't want to miss! More details
    Listed by CENTURY 21 LEADING EDGE REALTY INC.
    LISTING DETAILS

  • 838 250 Manitoba Street in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13869664

    838 250 Manitoba Street Mimico Toronto M8Y 4G8
    Main Photo: 838 250 Manitoba Street in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13869664

    838 250 Manitoba Street Toronto M8Y 4G8 Mimico

    $679,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13869664
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this spacious 2-storey loft in the sought-after Mystic Pointe community in Mimico. Offering approximately 1,090 sq. ft. of living space, this bright 1+1 bedroom, 2 bathroom suite features soaring 17 ft ceilings, dramatic floor-to-ceiling windows, a gas fireplace, and an open-concept main floor ideal for everyday living and entertaining. The upper level offers a generous primary bedroom with walk-in closet and a versatile den that can be used as a home office, guest area, or additional living space. Includes two owned underground parking spaces and one owned locker. Conveniently located close to the waterfront, parks, trails, TTC, Mimico GO, shopping, restaurants, and major highways. A unique loft-style residence offering space, character, and excellent access to downtown Toronto. More details
    Listed by REAL ESTATE ADVISORS INC.
    LISTING DETAILS

  • 164 Norton Avenue in Toronto: Willowdale East House for sale (Toronto C14) : MLS®# C13861410

    164 Norton Avenue Willowdale East Toronto M2N 4A9
    Main Photo: 164 Norton Avenue in Toronto: Willowdale East House for sale (Toronto C14) : MLS®# C13861410

    164 Norton Avenue Toronto M2N 4A9 Willowdale East

    $3,998,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C13861410
    Bedrooms:
    5
    Bathrooms:
    6
    This Stylish Modern Custom Home, Boasting A Perfect Blend Of Advanced Architectural Design, The Latest Tech&Comfort (Control-4 Home Automation), Premium Craftsmanship with Approx. 5,700 Sq.Ft of Elegant Living Space(~3,900 S.F in Main& 2nd Flr +~1,800 S.F in Professional Finished Basement). It Feels Magically Like A 50 feet Lot Inside, Much Bigger Than the Real Size Based on Maximum Possible Lot Coverage(Only 4 Ft in Sides)! This Beauty Features: Meticulous Modern Facade Combination of ACM (Aluminum Composite Panel/ Material)& Imported Brick + Brick in the Sides&Back! Large Size Windows, Providing Ample Natural Light! Porcelain Slab Flooring with Heated Underneath in Main Flr,Office,Foyer, Basement,All Washroom Floors,Porch,Front Steps & Driveway!! 9.5" Wide Engineered Hardwood Thru-Out 2nd Floor! Led Potlights, Designer Accent Walls, Inlay Led Lights on Wall& Wall Unit! High-End Millwork! Remarkable Designed Washrooms! Soaring Ceiling Height> Foyer & Office:13',1st Flr:10',2nd Flr:9 to10',Bsmnt Rec:10'. Chef Inspired Kitchen with Quality Rich Modern Cabinets, State-Of-The-Art Appliances, Breakfast Area, W/O to Family Sized Deck&Concrete Blocks Patio with Modern Turf Grid Grass& a Pool!Exciting Living/Dining Rm with Cof Cling&Ambient Lights, Gorgeous Designed Wall Unit Includes Drink Centre! Family Rm With Unique Modern Designer B/I Shelves and Fireplace. Master Bedroom Includes 9-Pc Spa-Like Ensuite with Auto Toilet&Steam Sauna& A Boudoir Walk-In Closet With Island&Window! Open Rising Main Staircase with 3" Run's Thickness, and Tempered Glass Railing! Finished Heated Floor W/O Basement, Rec Rm With a Wet Bar Includes B/I Shelves, S/S Beverage Cooler, S/S Sink, S/S Dishwasher, Gas Fireplace, Nanny Rm,3PC Bath, 2nd Laundry, Media Room. Convenient & Coveted Location >> Norton AVE! Steps Away from Yonge St, North York Centre, Best Schools(Earl Haig S.S & Hollywood P.S), Mitchell Field Community Centre with Indoor&Outdoor Amenities! *Media Room Are Virtually Staged* More details
    Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE
    LISTING DETAILS

  • 230 Gowan Avenue in Toronto: Danforth Village-East York House for sale (Toronto E03) : MLS®# E13852474

    230 Gowan Avenue Danforth Village-East York Toronto M4J 2K6
    Main Photo: 230 Gowan Avenue in Toronto: Danforth Village-East York House for sale (Toronto E03) : MLS®# E13852474

    230 Gowan Avenue Toronto M4J 2K6 Danforth Village-East York

    $990,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13852474
    Bedrooms:
    3
    Bathrooms:
    1
    A Rare Opportunity to Create, Transform & Make It Your Own! Attention builders, renovators, and savvy end users - properties with this kind of potential don't come along often. Set on an exceptionally deep 150-ft lot, this property offers a unique canvas to bring your vision to life. Whether you're looking to build your dream home from the ground up, undertake a transformative renovation, or unlock the full potential of the existing home, the possibilities are truly exciting. And the location? Hard to beat. Just steps from the future Ontario Line and within walking distance of Pape Subway Station, this is a neighbourhood where convenience and connectivity come together. Beyond the front door, enjoy a vibrant, welcoming community surrounded by everyday amenities. Walk to the local community centre, parks, and public pool for summer fun, or head to the Shops of the Danforth for an eclectic mix of cafés, bakeries, restaurants, and neighbourhood boutiques. A rare 150-ft-deep lot. A highly connected location. Endless possibilities More details
    Listed by DREAMNEST REALTY INC.
    LISTING DETAILS

  • 9 6 Bicknell Avenue in Toronto: Keelesdale-Eglinton West Condo Townhouse for sale (Toronto W03) : MLS®# W13853886

    9 6 Bicknell Avenue Keelesdale-Eglinton West Toronto M6M 0B4
    Main Photo: 9 6 Bicknell Avenue in Toronto: Keelesdale-Eglinton West Condo Townhouse for sale (Toronto W03) : MLS®# W13853886

    9 6 Bicknell Avenue Toronto M6M 0B4 Keelesdale-Eglinton West

    $539,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13853886
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to 9 - 6 Bicknell Ave! This bright and functional 2-bedroom stacked condo townhouse offers a great combination of space, convenience and low-maintenance urban living in Toronto West. The open-concept living and dining area provides plenty of room to relax and entertain, while the modern kitchen features granite countertops, ample cabinetry and full-size stainless steel appliances. Two well-proportioned bedrooms offer flexibility for families, couples, a home office or investment use, complemented by a 4-piece bathroom and convenient ensuite laundry. Enjoy the comfort of and feel of townhouse living without the upkeep of a traditional home. Ideally situated close to TTC transit, the Eglinton Crosstown LRT, schools, parks, recreation facilities, grocery stores, shops, bakeries and restaurants. Convenient access to Hwy 400, the Weston UP Express and major routes makes commuting throughout the GTA easy. A fantastic opportunity for first-time buyers, downsizers or investors looking for an affordable home in a well-connected Toronto neighbourhood! More details
    Listed by UNION CAPITAL REALTY
    LISTING DETAILS
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Data was last updated October 14, 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 Toronto

Power of sale is when a lender sells a property after mortgage default to recover the loan balance.

Are foreclosure homes cheaper in Toronto

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 Toronto

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.