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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  • 43 Lindylou Road in Toronto: Humbermede House for sale (Toronto W05) : MLS®# W13720978

    43 Lindylou Road Humbermede Toronto M9M 2B1
    Main Photo: 43 Lindylou Road in Toronto: Humbermede House for sale (Toronto W05)  : MLS®# W13720978
    $749,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13720978
    Bedrooms:
    6
    Bathrooms:
    2
    Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity... Welcome to 43 Lindylou Rd - Excellent opportunity for investors, first-time buyers, or families! This bright and spacious home offers large principal rooms, a beautiful bow-front window bringing in plenty of afternoon sunlight, and hardwood flooring in the living room. The kitchen comes with appliances, and the home features laundry facilities, central air conditioning, and two separate entrances with easy access to the lower and basement levels. Enjoy a private driveway with parking for 3 cars, a large wood deck, green patio space, and a generous rear yard backing onto Lindylou Rd Park. A large garden shed provides extra storage. Family-friendly location close to schools, an arena, shopping, public transit, and everyday amenities. Walking distance to the LRT on Finch Ave, with convenient access to Humber College and York University. Easy connections to Highways 400, 401, 403, 407 and 427. A versatile property with plenty of space, great outdoor areas, and excellent potential for a family home or investment. Easy to show! Sold under POWER OF SALE. "sold" as is - where is. Must attach schedules "B, C and D" and use Seller's sample offer when drafting offer, copy in attachment section of MLS. Easy booking through Brokerbay. 48 business hrs minimum for irrevocable More details
    Listed by RE/MAX REALTRON REALTY INC.
  • 1506 3300 Don Mills Road in Toronto: Don Valley Village Condo Apartment for sale (Toronto C15) : MLS®# C13718116

    1506 3300 Don Mills Road Don Valley Village Toronto M2J 4X7
    Main Photo: 1506 3300 Don Mills Road in Toronto: Don Valley Village Condo Apartment for sale (Toronto C15)  : MLS®# C13718116
    $390,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13718116
    Bedrooms:
    3
    Bathrooms:
    2
    Power of Sale Opportunity! Spacious and well-designed 3-bedroom, 2-bathroom condo offering over1,100 sq. ft. of functional living space. The primary bedroom features a walk-in closet and convenient 2-piece ensuite. This bright east-facing suite boasts generously sized principal rooms, a large living and dining area, ample storage, and plenty of natural light throughout. A Practical layout makes this home ideal for families, downsizers, or investors seeking exceptional value.Includes 1 parking space and a rare combination of size, functionality, and affordability.Conveniently located in the established Highpoint Condominium community, close to public transit, shopping, restaurants, schools, parks, and major highways.An excellent opportunity to own a spacious condo in Toronto at an attractive price point. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
  • #215 215 Fort York Boulevard in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C13717298

    #215 215 Fort York Boulevard Niagara Toronto M5V 4A1
    Main Photo: #215 215 Fort York Boulevard in Toronto: Niagara Condo Apartment for sale (Toronto C01)  : MLS®# C13717298
    $409,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13717298
    Bedrooms:
    1
    Bathrooms:
    1
    *** Power of Sale *** Beautiful Condo Unit in Downtown Toronto, Very Bright and Open Concept Living Area, Lots of Natural Sunlight, Very Close to All Amenities like Public Transit, Union Station, the Gardiner Expressway, Shopping, Dining and Entertainment, 24Hours Concierge, Indoor Pool, Roof Top Oasis, Fully Equipped Gym, Access to Balcony, More details
    Listed by COMMITMENT REALTY LTD.
  • 1085 Weston Road in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W13716814

    1085 Weston Road Mount Dennis Toronto M6N 3S3
    Main Photo: 1085 Weston Road in Toronto: Mount Dennis House for sale (Toronto W04)  : MLS®# W13716814
    $799,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13716814
    Bedrooms:
    3
    Bathrooms:
    3
    Attention Investors & End-Users! Rare Mixed-Use Power of Sale Opportunity in Mount Dennis! Unlock exceptional value and multiple income streams with this highly visible, vacant, mixed-use property situated along heavily trafficked Weston Road. This property represents a premier opportunity for savvy investors or business owners looking to establish a footprint in a rapidly developing transit hub. The building features three separate income-generating units across three versatile levels. The main floor commercial storefront has a modernized facade, wide street frontage, and large display windows that offer exceptional exposure. Inside, a freshly updated interior skeleton provides a clean, open-concept palette ready for your brand's custom fit-out, making it move-in ready and perfect for a boutique retail shop, medical clinic, or professional office. Upstairs, the bright and functional second-floor residential apartment is ideal for securing steady rental income or utilizing as an owner's suite. Additionally, the basement apartment offers a self-contained residential unit perfect for maximizing your monthly cash flow. Commuting is effortless with a TTC bus stop directly fronting the property, and it sits just minutes from the Mount Dennis Transit Hub, providing immediate connections to the Eglinton Crosstown LRT, GO Kitchener Line, and the UP Express. The property also includes dedicated parking spaces at the rear, easily accessible via the laneway, which is a rare and valuable asset for both commercial clients and residential tenants. Positioned close to major transit routes and priced to sell, this high-exposure asset is ready for its next chapter. Schedule your viewing today! More details
    Listed by CENTURY 21 ATRIA REALTY INC.
  • 1085 Weston Road in Toronto: Mount Dennis Commercial for sale (Toronto W04) : MLS®# W13716818

    1085 Weston Road Mount Dennis Toronto M6N 3S3
    Main Photo: 1085 Weston Road in Toronto: Mount Dennis Commercial for sale (Toronto W04)  : MLS®# W13716818
    $799,900 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13716818
    Total Area:
    1,421 sq. ft.
    Attention Investors & End-Users! Rare Mixed-Use Power of Sale Opportunity in Mount Dennis! Unlock exceptional value and multiple income streams with this highly visible, vacant, mixed-use property situated along heavily trafficked Weston Road. This property represents a premier opportunity for savvy investors or business owners looking to establish a footprint in a rapidly developing transit hub. The building features three separate income-generating units across three versatile levels. The main floor commercial storefront has a modernized facade, wide street frontage, and large display windows that offer exceptional exposure. Inside, a freshly updated interior skeleton provides a clean, open-concept palette ready for your brand's custom fit-out, making it move-in ready and perfect for a boutique retail shop, medical clinic, or professional office. Upstairs, the bright and functional second-floor residential apartment is ideal for securing steady rental income or utilizing as an owner's suite. Additionally, the basement apartment offers a self-contained residential unit perfect for maximizing your monthly cash flow. Commuting is effortless with a TTC bus stop directly fronting the property, and it sits just minutes from the Mount Dennis Transit Hub, providing immediate connections to the Eglinton Crosstown LRT, GO Kitchener Line, and the UP Express. The property also includes dedicated parking spaces at the rear, easily accessible via the laneway, which is a rare and valuable asset for both commercial clients and residential tenants. Positioned close to major transit routes and priced to sell, this high-exposure asset is ready for its next chapter. Schedule your viewing today! More details
    Listed by CENTURY 21 ATRIA REALTY INC.
  • 4902 300 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13715198

    4902 300 Front Street W Waterfront Communities C1 Toronto M5V 0E9
    Main Photo: 4902 300 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13715198
    $1,449,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13715198
    Bedrooms:
    2
    Bathrooms:
    3
    A rare opportunity to own one of the building's most coveted penthouse suites, featuring panoramic views and an ideal two-bedroom layout. Enjoy spacious living and dining areas, a king-sized primary retreat with walk-in closet, and a five-piece ensuite. Exclusive 49th-floorfeatures include 10-foot ceilings, full-height windows and no bulkheads, plus access to the private 47th-floor BBQ lounge. Steps from Toronto's best dining, shopping and entertainment. Being sold under power of sale, everything as is, where is. More details
    Listed by RARE REAL ESTATE
  • 97 Oriole Parkway in Toronto: Yonge-St. Clair House for sale (Toronto C02) : MLS®# C13712912

    97 Oriole Parkway Yonge-St. Clair Toronto M5P 2G7
    Main Photo: 97 Oriole Parkway in Toronto: Yonge-St. Clair House for sale (Toronto C02)  : MLS®# C13712912
    $1,589,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C13712912
    Bedrooms:
    4
    Bathrooms:
    4
    Nestled in the vibrant Yonge-St. Clair neighbourhood, 97 Oriole Parkway offers a charming detached 2 storey residence that combines comfort, convenience, and character. Equipped with 3 separate spacious units (Main floor unit now Vacant), this corner lot is sure to impress. This unique property also has a private 4 car driveway. Situated just steps from Oriole Park, residents can enjoy walking trails and green spaces. The property is within walking distance to Davisville Subway Station, offering easy access to public transit. Local amenities such as cafes, restaurants, gyms, and shopping centers are nearby, providing a convenient urban lifestyle.Don't miss this one! More details
    Listed by RE/MAX HALLMARK REALTY LTD.
  • 4906 108 Peter Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13712090

    4906 108 Peter Street Waterfront Communities C1 Toronto M5V 0W2
    Main Photo: 4906 108 Peter Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13712090
    $749,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13712090
    Bedrooms:
    2
    Bathrooms:
    2
    *Power of Sale*2 Bedroom, 2 Bathroom Corner Unit For Sale At Peter & Adelaide Condos by Graywood, Featuring Over 750 Sq. Ft. Of Living Space In The Heart Of Downtown Toronto.Open Concept Kitchen And Living Area With Floor To Ceiling Windows Perfect For Entertaining With Walk-Out To Balcony And Beautiful City Views. 1 Parking Space With Electric Charger, 1 Locker Included. Amazing Building Amenities Including Fitness And Yoga Area, Party, Games, Meeting Rooms, Business/ Co-Working Centre, Wellness Space, Conceirge, Outdoor Terrace And Lounge, Pool, Outdoor Fenced Dog Area And Washing Station, Children's Play Area. Live In The Center Of The Financial And Entertainment Districts, With Shops, Restaurants, Cafes And Toronto's Landmark Amenities Within Walking Distance. More details
    Listed by SOURCE 4 REALTY INC.
  • 87 Euclid Avenue in Toronto: Highland Creek House for sale (Toronto E10) : MLS®# E13710228

    87 Euclid Avenue Highland Creek Toronto M1C 1J8
    Main Photo: 87 Euclid Avenue in Toronto: Highland Creek House for sale (Toronto E10)  : MLS®# E13710228
    $1,025,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13710228
    Bedrooms:
    4
    Bathrooms:
    2
    This exceptional property in the highly desirable Highland Creek enclave offers a rare opportunity on a large 49.38 x 206 ft lot ideal for a family or investor to build their dream home, renovate the existing residence, or create a basement suite with its own separate entrance. Enjoy warm summer days by the sparkling inground pool, all set among prestigious multi-million dollar homes. In addition, the City of Torontos Committee of Adjustment has approved the severance of the lot to create two residential parcels, each eligible for a detached homepending final conditions. With easy access to Hwy 401, public transit, and top institutions like U of T Scarborough and Centennial College, this prime property blends luxury, location, and future development potential. Dont miss your chance to own this standout opportunity. More details
    Listed by REAL ESTATE ADVISORS INC.
  • 854 Bathurst Street in Toronto: Annex Commercial for sale (Toronto C02) : MLS®# C13709900

    854 Bathurst Street Annex Toronto M5R 3G3
    Main Photo: 854 Bathurst Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13709900
    $1,899,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    C13709900
    Total Area:
    2,640 sq. ft.
    PRIME STORE FRONT LOCATION! Exceptional mixed-use investment opportunity directly across from Bathurst Station. This versatile property features a prominent ground-floor retail store front with dedicated basement space, complemented by residential/office accommodations on the upper levels-offering multiple opportunities for rental income, owner-occupancy, or a live/worksetup. Located in a highly sought-after and vibrant neighbourhood surrounded by restaurants, cafés, shops, schools, parks, and excellent transit, this property offers outstanding visibility and convenience. The prime store front location provides excellent potential for a variety of commercial uses, while the additional apartment/office space creates valuable income-producing potential. An ideal opportunity for investors, entrepreneurs, and owner-users looking to secure a well-located property with multiple income streams and long-term upside. A rare combination of location, flexibility, and income potential in one of the area's most established neighbourhoods More details
    Listed by HARVEY KALLES REAL ESTATE LTD.
  • 3295 Dufferin Street in Toronto: Yorkdale-Glen Park Commercial for sale (Toronto W04) : MLS®# W13708734

    3295 Dufferin Street Yorkdale-Glen Park Toronto M6A 2T4
    Main Photo: 3295 Dufferin Street in Toronto: Yorkdale-Glen Park Commercial for sale (Toronto W04)  : MLS®# W13708734
    $6,500,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    W13708734
    Major Bus.:
    Retail Store Related
    Total Area:
    9,600 sq. ft.
    Power of Sale opportunity. Freestanding commercial retail building situated on a prominent corner lot south of Yorkdale Shopping Centre. Property is being sold by the Mortgagee under Power of Sale on a strictly "as is, where is" basis, without representation, warranty or condition of any kind, express or implied, by the Seller or Listing Brokerage. The Seller has not occupied or operated the Property and has limited knowledge concerning its condition, use, occupancy or history. The Seller and Listing Brokerage make no representation or warranty concerning the Property, including its physical or structural condition; state of repair; environmental condition; zoning or permitted uses; compliance with applicable laws, building codes, fire codes or municipal requirements; work orders; permits or approvals; servicing; utilities; fixtures, equipment or chattels; measurements; rentable or usable area; development potential; taxes, utilities or other accounts affecting the Property; leases, licences, tenancies, occupancies or the rights of any persons in possession; or the accuracy or completeness of any information relating to the Property. The purchase price will not be adjusted for realty taxes, utilities, rents, operating costs, prepaid amounts, arrears or any other items relating to the Property. The Buyer shall be solely responsible for determining and satisfying itself regarding all such amounts and liabilities. The Seller shall have no obligation or liability for any adjustment, credit, reimbursement or apportionment, whether relating to a period before or after closing, all as more particularly set out in the Seller's Schedule B. More details
    Listed by HC REALTY GROUP INC.
  • 68B Laurel Avenue in Toronto: Kennedy Park House for sale (Toronto E04) : MLS®# E13707214

    68B Laurel Avenue Kennedy Park Toronto M1K 3J6
    Main Photo: 68B Laurel Avenue in Toronto: Kennedy Park House for sale (Toronto E04)  : MLS®# E13707214
    $949,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13707214
    Bedrooms:
    4
    Bathrooms:
    3
    When complete, this home will be consistent with other newer properties in the neighborhood in terms of size and overall design. The main floor layout will include a dining area, kitchen, family room, and powder room. The second level will offer three bedrooms, a convenient laundry area, and three full bathrooms, including a spacious five-piece primary ensuite and a private three-piece ensuite. Ceiling heights are planned for ten feet on the main floor and nine feet on the second floor. More details
    Listed by REAL ESTATE ADVISORS INC.
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Data was last updated August 28, 2026 at 10:15 PM (UTC)

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.

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.