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You are here:  Power of Sale Properties Information

Daily list of Greater West Toronto area Latest Power of Sales, Bank Sales, Foreclosures - GTA,Mississauga,Oakville

NOTE: Please understand that these are not my personal POS listings, but other brokerage listings that you have requested and that I can show to you.  The links on this page and all the contents of this page are for people who have specifically asked to be signed up to receive listings from my power of sale newsletter, if you have not asked for these listings and signed up to my newsletter, then you must. Read more here: POS disclaimer These POS listings below are not my personal listings, but POS listings by the brokerage that I work for and from other brokerages across the GTA.

Hello,

This page was last updated on Friday, February 12, 2010 and shows POS properties from today and the previous 10 days or so.  Inserting the POS properties into this webpage is convenient and an easy method to check all power of sale properties processed over the past few weeks.  If you see any properties below that you would like to view the inside, please send me an email 

Thank you,

Mark

Power of Sale , Forclosure and Bank Sale Properties Page

The most current Power of Sales and Bank Sales listings for Toronto, Mississauga and the west GTA can be found below :

 Example of a Luxury Power of Sale Property   Example of a Rural Power of Sale Property   Example of a Mississauga Luxury Property Forecosure Property for Sale   Another type of Power of Sale Property along Mississauga Road in the GTA
You will find that there are many types of the power of sale and foreclosure homes in Mississauga and surrounding areas.  The homes pictured above are similar to many home styles that you will find here in Mississauga and just outside of the GTA.  Let me show you how you can find these types of Power of Sale homes and show you how you can afford to move up to your dream home.  Please email me at mark@mississauga4sale.com  Or, you may use this form to sign up to my POS newsletter.

The POS properties from today and the previous week or so are shown below.  You can easily follow the past few days POS properties by scrolling further down on this page.  If you see anything below that you would like to see inside, please send me an email thank you, Mark

These are the POS properties from March 25 to Friday, February 12, 2010

Note: If you click on the left or right arrows found in the bottom right corner of some photos, more photos of the property will appear

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1587535   Brampton      16 Greenhills Sq   210,000.00   2-Storey   3   2 
 W1581263   Brampton      44 Windermere Crt   219,000.00   Backsplit 4   4+1   2 
 W1548693   Brampton      5 Thorson Gate   249,900.00   Backsplit 5   3   3 
 W1587968   Brampton      11 Cedarvalley Blvd   269,900.00   2-Storey   3   3 
 O1522328   Brampton      12 Joshua Ct   275,900.00   2-Storey   4   3 
 W1569593   Brampton      31 Horsham St   289,900.00   2-Storey   4+2   4 
 W1579802   Brampton      63 Hiberton Cres   374,900.00   2-Storey   4+2   4 
 W1567204   Milton      73 Harris Blvd   299,900.00   2-Storey   3+2   3 
 W1587886   Mississauga   911   70 Absolute Ave   204,000.00   Apartment   1   1 
 W1572845   Mississauga   59   3079 Fifth Line   245,900.00   Apartment   3   3 
 W1587792   Mississauga      5799 Tiz Rd   329,900.00   3-Storey   3   3 
 W1583140   Mississauga      335 Ceremonial Dr   449,000.00   2-Storey   4   4 
 W1587358   Mississauga      1168 Mississauga Rd   739,900.00   Backsplit 4   4   3 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1568451   Toronto   209   61 Markbrook Lane   144,900.00   Apartment   2   2 
 W1580418   Toronto      303 Old Weston Rd   189,900.00   3-Storey   3+1   2 
 C1545629   Toronto      590 Oakwood Ave   229,000.00   2-Storey   3   2 
 C1546423   Toronto      555 Vaughan Rd   249,900.00   2-Storey   2+2   3 
 W1577539   Toronto   419   200 Manitoba St   315,000.00   2-Storey   2   2 
 W1587781   Toronto      469 Silverstone Dr   328,800.00   Bungalow   3+2   2 
 C1587619   Toronto   1601   65 Harbour Sq   814,000.00   Apartment   2   2 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1543818   Aurora      33 Urquhart Crt   1,495,000.00   2-Storey   6   6 
 N1549664   Georgina      789 Carol Ave   182,900.00   Bungalow   3   2 
 N1565348   Markham      8 Balsam St   355,000.00   3-Storey   4   4 
 N1532196   Richmond Hill      81 Queensway Dr   490,000.00   2 1/2 Storey   5+1   6 
 C1587890   Toronto   1502   715 Don Mills Rd   120,000.00   Apartment   2   1 
 C1581419   Toronto   1005   797 Don Mills Rd   219,900.00   Apartment   2   2 
 C1454226   Toronto   1905   1101 Leslie St   459,900.00   Apartment   2+1   2 
 N1565035   Vaughan   308   333 Clark Ave W   265,000.00   Apartment   2   2 
 N1587710   Vaughan      89 North Meadow Cres   425,000.00   2-Storey   3+2   3 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1565938   Brampton   707   1 Belvedere Crt   239,900.00   Apartment   2   2 
 W1586759   Brampton      344 Hansen Rd N   244,900.00   Backsplit 5   3+3   3 
 W1587169   Brampton      51 Sweetwood Circ   259,000.00   2-Storey   3   3 
 W1586971   Brampton      10 Avondale Blvd   265,000.00   Bungalow   3+2   2 
 W1524059   Brampton      12 Joshua Crt   275,900.00   2-Storey   3+1   3 
 W1557488   Brampton      1 Dunvegan Cres   307,100.00   2-Storey   4   4 
 W1565431   Brampton      58 Muirland Cres   309,900.00   2-Storey   4   3 
 W1533518   Brampton      39 Metzak Dr   316,000.00   2-Storey   4+2   4 
 W1587113   Georgetown      47 Willoughby Way   379,900.00   2-Storey   4   3 
 W1580338   Mississauga   1001   3065 Queen Frederica Dr   114,900.00   Apartment   2   1 
 W1586895   Mississauga      3964 Chicory Crt   336,000.00   2-Storey   3+2   4 
 W1575010   Mississauga   Lph05   225 Webb Dr   359,000.00   Apartment   2+1   3 
 W1545022   Mississauga      884 Cardington St   369,900.00   2-Storey   3+1   4 
 W1587345   Mississauga      7209 Danton Prom   370,000.00   2-Storey   3+1   3 
 W1586942   Mississauga      4771 Apple Blossom Circ   445,000.00   2-Storey   4   3 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1567482   Toronto      20 Cobbler Cres   225,000.00   Backsplit 3   2   2 
 W1537646   Toronto      32 Longbourne Dr   339,900.00   Bungalow   3   2 
 W1586917   Toronto      16 Cromer Pl   360,000.00   Bungalow   3+2   2 
 W1573169   Toronto      545A Silverthorn Ave   399,900.00   2-Storey   3+1   3 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1558154   Markham   115   2100 John St   220,000.00   Apartment   2   2 
 N1587219   Markham      21 Warrington Way   279,880.00   3-Storey   2+1   3 
 N1587155   Richmond Hill      55 Colonial Cres   376,500.00   2-Storey   4   3 
 N1562337   Richmond Hill      59 Spruce Ave   465,000.00   2-Storey   4   3 
 C1581301   Toronto      27 Dukinfield Cres   429,000.00   Bungalow   3   2 
 C1587032   Toronto      69 Covewood St   519,900.00   Backsplit 4   4+2   4 
 N1578175   Vaughan      114 Zinnia Pl   489,000.00   2-Storey   4+2   4 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1586034   Toronto      1187 Weston Rd   195,500.00   2-Storey   2+1   2 
 W1567138   Toronto      1 Oxford Dr   225,000.00   Bungalow   4+1   3 
 C1573120   Toronto   1103   361 Front St   269,900.00   Apartment   1+1   1 
 W1528245   Toronto      36 Lambrinos Lane   319,000.00   3-Storey   3   3 
 C1585759   Toronto      295 Oakwood Ave   384,900.00   2-Storey   3   3 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1586050   Acton      37 Dairy Dr   255,000.00   2-Storey   3   3 
 W1586273   Brampton   22   21 Hetherington Pl   214,000.00   2-Storey   4+1   4 
 W1549578   Brampton      166 Martindale Cres   228,900.00   2-Storey   3+1   2 
 W1530038   Brampton      28 Bramhall Crt   254,900.00   2-Storey   3   2 
 W1547358   Brampton      35 Ecclestone Dr   261,000.00   2-Storey   3   3 
 W1586461   Brampton      35 Trevino Cres   294,000.00   2-Storey   3   3 
 W1586523   Brampton      152 Van Scott Dr   329,900.00   2-Storey   3   3 
 W1586367   Brampton      72 Napa Valley Cres   359,900.00   2-Storey   4   3 
 W1548161   Brampton      37 Sedgegrass Way   424,000.00   2-Storey   4   4 
 W1586271   Mississauga      6970 Tassel Cres   379,900.00   2-Storey   4+2   4 
 W1586442   Oakville      2523 Scotch Pine Dr   479,900.00   2-Storey   4   3 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1564469   Bradford      57 Metcalfe Dr   349,900.00   1 1/2 Storey   3+2   3 
 N1566109   Durham   5   1 Testa Rd   139,900.00   2-Storey   2   1 
 N1530720   Gilford      1138 Lindy Lane   169,900.00   Bungalow   4   1 
 N1538509   Markham   6   150 Chancery Rd   208,500.00   2-Storey   2   2 
 N1582731   Markham      57 Emeline Cres   379,900.00   2-Storey   3+1   3 
 N1569076   Markham      7605 Ninth Line   759,000.00   2-Storey   3   3 
 N1586376   Richmond Hill   1114   20 Harding Blvd   189,900.00   Apartment   2+1   2 
 N1582983   Richmond Hill      232 Boake Tr   868,888.00   2-Storey   5   5 
 N1586411   Vaughan   611   5 Emerald Lane   239,900.00   Apartment   2   2 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1573121   Acton      142 Churchill Rd S   282,000.00   Bungalow   3   2 
 W1588388   Brampton      47 Heathcliffe Sq Sq   229,900.00   2-Storey   3+1   4 
 W1588447   Mississauga      832 Escobar Cres   299,000.00   2-Storey   4   4 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1588279   Innisfil      1005 Lebanon Dr   209,900.00   Bungalow   3   1 
 N1578028   Markham      781 Cornell Rouge Blvd   274,900.00   2-Storey   2+1   2 
 N1587219   Markham      21 Warrington Way   279,880.00   3-Storey   2+1   3 

Click here to view full property matches on-line.

These are the POS properties from March 22 to March 25

 

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1585186   Brampton      3 Habitat Sq   199,900.00   2-Storey   3+1   2 
 W1585168   Brampton      9 Judith Cres   274,000.00   Backsplit 5   3+3   3 
 W1585126   Brampton      59 Chadwick St   339,900.00   2-Storey   4+1   4 
 W1566868   Brampton      40 Pappain Cres   340,000.00   Bungalow   3+2   3 
 W1585412   Mississauga   503   1333 Bloor St   225,000.00   Apartment   2   2 
 W1580552   Mississauga      1727 Sandgate Cres   264,500.00   Bungalow   3+2   2 
 W1584989   Mississauga   903   90 Absolute Ave   279,500.00   Apartment   2   2 
 W1585072   Oakville      2053 White Dove Circ   319,900.00   2-Storey   3   3 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1584613   Brampton      36 Dutch Cres   240,000.00   2-Storey   3   4 
 W1555415   Brampton      52 Twin Pines Cres   258,000.00   2-Storey   3   2 
 W1568721   Brampton      64 Botavia Downs Blvd   297,000.00   2-Storey   4   3 
 W1562974   Brampton      17 Laidlaw Ave   398,800.00   2-Storey   4+2   4 
 W1548161   Brampton      37 Sedgegrass Way   429,900.00   2-Storey   4   4 
 W1583880   Mississauga      1190 Foxglove Pl   324,900.00   2-Storey   3   2 
 O1583784   Oakville   36   1016 Falgarwood Dr   175,000.00   2-Storey   3   2 
 W1564701   Oakville      2440 Tesla Cres   685,000.00   2-Storey   4   4 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1574346   Toronto   611   3 Hickory Tree Rd   159,900.00   Apartment   2+1   2 
 W1584336   Toronto   907   4 Elsinore Path   174,500.00   Apartment   1   1 
 C1584539   Toronto   4001   1 King St W   240,000.00   Apartment   1   1 
 W1554698   Toronto   1510   40 Richview Rd   349,900.00   Apartment   3   3 
 W1571798   Toronto   Th4   101 The Queensway Ave   379,900.00   3-Storey   3   3 
 W1553118   Toronto      11 Mulock Ave   384,000.00   2-Storey   3+2   3 
 C1570844   Toronto      399 Cortleigh Blvd   798,000.00   2-Storey   3+2   4 
 C1564416   Toronto      1202 Avenue Rd   1,395,000.00   2-Storey   9+1   6 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1544987   King City      57 Scott Cres   832,500.00   2-Storey   4+1   4 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1583671   Toronto      8 Tayrow Rd   299,000.00   Backsplit 3   3   1 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1583672   Mississauga   2011   335 Rathburn Rd W   319,800.00   Apartment   2   3 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1576335   Keswick      173 Old Homestead Rd   219,900.00   Bungalow   3+2   2 
 N1580290   Markham      141 Larkin Ave   397,000.00   2-Storey   4+2   4 
 N1426737   Markham      13 Red Ash Dr   575,000.00   2-Storey   4+1   5 
 N1584950   Richmond Hill      3 Pitney Ave   435,000.00   2-Storey   4   3 
 N1585221   Richmond Hill      24 Portico Dr   584,000.00   2-Storey   4   3 
 C1585283   Toronto      132 Maxome Ave   449,900.00   Backsplit 3   3   2 
 N1585063   Vaughan      430 Royalpark Way   439,900.00   2-Storey   4   4 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1584043   Innisfil      3145 Third Line   315,000.00         0 
 N1584047   Innisfil      3145 Third Line   315,000.00         0 
 N1584049   Innisfil      3145 Third Line   315,000.00         0 
 N1584089   Innisfil      3210 Second Line   315,000.00         0 
 N1584136   Innisfil      3045 Third Line   350,000.00         0 
 N1584132   Innisfil      3025 Second Line   375,000.00         0 
 N1584099   Innisfil      3005 Third Line   500,000.00         0 
 N1584105   Innisfil      3005 Third Line   500,000.00         0 
 N1583951   Innisfil      3184 Second Line   515,000.00   Other   0   0 
 N1584116   Innisfil      3105 Third Line   535,000.00         0 
 N1584257   Innisfil      3040 Second Line   535,000.00         0 
 N1584060   Innisfil      2921 Second Line   537,500.00   Other   0   0 
 N1584072   Innisfil      3000 Second Line   675,000.00   Other   0   0 
 N1544987   King City      57 Scott Cres   820,500.00   2-Storey   4+1   4 
 N1541345   Richmond Hill   404   40 Harding Blvd W   244,000.00   Apartment   2   2 
 N1584048   Richmond Hill   21   95 Weldrick Rd E   279,900.00   Multi-Level   2   2 
 C1581113   Toronto   404   7 Carlton St   259,900.00   Apartment   1   1 
 N1538808   Vaughan      176 Canada Dr   434,900.00   2-Storey   4   3 
 N1579917   Vaughan      148 Kale Cres   538,800.00   2-Storey   4+1   5 

Click here to view full property matches on-line.

These are the POS properties from March 17 to March 22

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1580081   Brampton      11 Lionshead Lookout Out   275,000.00   Backsplit 5   4+1   3 
 W1557390   Brampton      2 Schooner Dr Cres   349,900.00   2-Storey   4   3 
 O1530718   Burlington      1336 Monmouth Dr   529,000.00   2-Storey   5   3 
 W1556035   Caledon      13794 Creditview Rd   299,000.00   Bungalow   3   3 
 W1580704   Milton      1026 Bradley Terr   347,900.00   2-Storey   3   3 
 W1580338   Mississauga   1001   3065 Queen Frederica Dr   114,900.00   Apartment   2   1 
 W1580552   Mississauga      1727 Sandgate Cres   264,500.00   Bungalow   3+2   2 
 W1580900   Mississauga      5360 Bullrush Dr   309,900.00   2-Storey   3+1   3 
 W1549164   Mississauga      5065 Moulin Rouge Cres   344,900.00   2-Storey   4   4 
 W1580837   Mississauga      447 Atwater Ave   420,000.00   2-Storey   6+1   5 
 W1580503   Mississauga      1580 Wembury Rd   625,000.00   Bungalow   3   2 
 W1580901   Oakville   36   1016 Falgarwood Dr   175,000.00   2-Storey   3   2 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1580753   Toronto   510   714 The West Mall   144,500.00   Apartment   2+1   2 
 W1580918   Toronto   812   3 Rowntree Rd   144,900.00   Apartment   2   2 
 W1580418   Toronto      303 Old Weston Rd   189,900.00   3-Storey   3+1   2 
 W1531106   Toronto      29 William St   239,900.00   Bungalow   2   1 
 C1543181   Toronto   603   361 Front St W   284,900.00   Apartment   1+1   1 
 W1571299   Toronto      65 Dixon Rd   299,900.00   1 1/2 Storey   3+1   2 
 W1543551   Toronto   7   38 Mendota Rd   448,000.00   3-Storey   3   3 
 C1569677   Toronto      217 Park Home Ave   469,000.00   Backsplit 3   3+1   2 
 C1564416   Toronto      1202 Avenue Rd   1,395,000.00   2-Storey   9+1   6 
 C1580771   Toronto      40 Westmoreland Ave   2,999,000.00   Other   0   0 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1580290   Markham      141 Larkin Ave   397,000.00   2-Storey   4+2   4 
 N1548191   Markham      144 Prince Regent St   429,000.00   2-Storey   3   3 
 N1536988   Markham      53 Main St S   549,000.00   2-Storey   4   3 
 N1552181   Richmond Hill      80 Frybrook Cres   1,315,000.00   2-Storey   6+1   6 
 N1550364   Vaughan      77 New Seabury Dr   364,900.00   2-Storey   3+1   3 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1581263   Brampton      44 Windermere Crt   219,000.00   Backsplit 4   4+1   2 
 W1552360   Brampton      186 Harold St   249,900.00   2-Storey   3   3 
 W1549632   Brampton      33 Alderbury Cres   287,000.00   Bungalow   3+1   2 
 W1581605   Mississauga      7430 Copenhagen Rd   194,300.00   3-Storey   3   2 
 W1581341   Mississauga   Ph12   200 Robert Speck Pkwy   205,000.00   2-Storey   2   3 
 W1581351   Mississauga   42   7033 Netherbrae Rd W   214,000.00   2-Storey   4+2   3 
 O1580977   Oakville   1058   132 Falgarwood Dr   164,900.00   3-Storey   3   2 
 W1581224   Oakville      3116 Shannon Cres   299,900.00   2-Storey   3   2 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1581371   Toronto   1712   10 Markbrook Lane   149,000.00   Apartment   2+1   2 
 W1581462   Toronto   236   1585 Albion Rd   173,500.00   Multi-Level   3   2 
 C1537835   Toronto      282 Robina Ave   246,000.00   2-Storey   2+1   3 
 C1581251   Toronto      3830 Bathurst St   257,000.00   Apartment   2   2 
 W1581223   Toronto      74 Cliff St   279,900.00   2-Storey   3   2 
 W1537646   Toronto      32 Longbourne Dr   339,900.00   Bungalow   3   2 
 W1540052   Toronto      25 Mayo Dr   355,500.00   2-Storey   4+2   3 
 C1580771   Toronto      40 Westmoreland Ave   2,999,900.00   Other   0   0 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1581350   Beeton      7 English Dr W   265,000.00   Sidesplit 4   3+1   2 
 N1581690   Innisfil      8335 Yonge St   299,900.00   2-Storey   3   2 
 N1529712   Markham      118 Snowshoe Cres   168,500.00         0 
 N1581242   New Tecumseth   R.R. 5   5941 Highway 89   259,900.00   1 1/2 Storey   4   1 
 N1581610   Richmond Hill   220   326 Major Mackenzie Dr   159,000.00   Apartment   1   1 
 N1581604   Richmond Hill   901   30 Harding Blvd   224,900.00   Apartment   2+1   2 
 N1562337   Richmond Hill      59 Spruce Ave   479,000.00   2-Storey   4   3 
 C1581419   Toronto   1005   797 Don Mills Rd   219,900.00   Apartment   2   2 
 C1581113   Toronto   404   7 Carlton St   259,900.00   Apartment   1   1 
 C1581301   Toronto      27 Dukinfield Cres   429,000.00   Bungalow   3   2 
 C1581479   Toronto      60 Northdale Rd   798,000.00   Bungalow-Raised   3+2   3 
 N1493101   Tottenham      21 Forestell St   169,900.00   2-Storey   2   1 
 N1581217   Vaughan      138 Melville Ave   295,000.00   2-Storey   3   2 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1511469   Brampton      4 Maple Ave   215,000.00   2-Storey   3   2 
 W1538858   Brampton      134 Kingswood Dr   249,000.00   Backsplit 5   2+2   3 
 W1578052   Brampton      63 Olympia Cres   254,000.00   2-Storey   3   2 
 W1582380   Brampton      11 Mclaughlin Rd N   264,000.00   Bungalow   3   2 
 W1574850   Brampton      104 Weather Vane Lane   269,900.00   2-Storey   4   3 
 W1569593   Brampton      31 Horsham St   289,900.00   2-Storey   4+2   4 
 W1552053   Brampton      48 Fogerty St   510,000.00   2-Storey   4   5 
 O1530718   Burlington      1336 Monmouth Dr   529,000.00   2-Storey   5   3 
 W1549447   Milton      1634 Arthurs Way   449,900.00   2-Storey   4   3 
 W1582487   Mississauga   2406   400 Webb Dr   187,000.00   Apartment   2   1 
 W1582233   Mississauga   805   325 Webb Dr   194,000.00   Apartment   2+1   2 
 W1549164   Mississauga      5065 Moulin Rouge Cres   344,900.00   2-Storey   4   4 
 W1554564   Mississauga      698 Greycedar Cres   370,000.00   2-Storey   4   3 
 W1571363   Oakville   807   2170 Marine Dr   698,900.00   Apartment   2   2 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1550441   Toronto      17 Goldwin Ave   184,300.00   2-Storey   3   1 
 W1582438   Toronto      24 Piggott Mews   261,000.00   3-Storey   3   2 
 W1557017   Toronto      164 Ennerdale Rd   292,500.00   1 1/2 Storey   3+2   2 
 W1582041   Toronto      10 Bloomington Cres   294,500.00   Sidesplit 3   3   2 
 W1540052   Toronto      25 Mayo Dr   359,900.00   2-Storey   4+2   3 
 W1534931   Toronto      202 Mavety St   359,900.00   2 1/2 Storey   4+1   3 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1581844   Innisfil      728 Pinegrove Ave   174,900.00   Bungalow   2   1 
 C1582467   Toronto   556   313 Richmond St E   235,000.00   Apartment   1+1   1 
 N1581954   Udora      22824 Weir Sdrd   194,900.00   Bungalow   3   1 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1583066   Toronto      10 Snowood Crt   275,000.00   Bungalow   3+1   2 
 W1582634   Toronto      90 Birdstone Cres   315,000.00   3-Storey   3   3 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1582892   Brampton   511   15 Kensington Rd   150,000.00   Apartment   2   2 
 W1548693   Brampton      5 Thorson Gate   249,900.00   Backsplit 5   3   3 
 W1582974   Brampton      9 Greenbriar Rd   259,900.00   Sidesplit 4   4   2 
 W1561787   Brampton      11 Asterwind Cres   274,900.00   2-Storey   3   3 
 W1572152   Brampton      44 Duffield Rd   414,900.00   2-Storey   4   3 
 W1577050   Milton      937 Burrows Gate   239,900.00   3-Storey   2   2 
 O1549801   Milton      1634 Arthurs Wy   449,900.00   2-Storey   4   3 
 W1583193   Milton      709 Switzer Cres   539,900.00   2-Storey   4   4 
 W1580900   Mississauga      5360 Bullrush Dr   309,900.00   2-Storey   3+1   3 
 W1549164   Mississauga      5065 Moulin Rouge Cres   344,900.00   2-Storey   4   4 
 W1583105   Mississauga      3023 Saint Malo Circ   365,900.00   Bungalow-Raised   3   3 
 W1583140   Mississauga      335 Ceremonial Dr   449,000.00   2-Storey   4   4 
 O1554087   Oakville      2436 Castlebrook Rd   579,900.00   2-Storey   4   3 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1508850   Alliston      49 Buchanan Dr   247,000.00   2-Storey   3   3 
 N1582666   East Gwillimbury      27 Pine Hills Crt   969,900.00   2-Storey   4+2   4 
 N1582772   Keswick      16 Skybird Lane   208,700.00   2-Storey   3   2 
 N1583063   Keswick      112 Oakcrest Dr   229,900.00   2-Storey   3   3 
 N1578028   Markham      781 Cornell Rouge Blvd   274,900.00   2-Storey   2+1   2 
 N1582731   Markham      57 Emeline Cres   379,900.00   2-Storey   3+1   3 
 N1558886   Markham      45 Norbury Dr   530,000.00   2-Storey   4+1   4 
 N1565535   Richmond Hill   16   190 Harding Blvd W   349,900.00   2-Storey   3   4 
 N1582954   Richmond Hill      28 Waterhouse Way   550,000.00   2-Storey   4   3 
 N1582983   Richmond Hill      232 Boake Tr   868,888.00   2-Storey   5   5 
 C1504890   Toronto   1608   2191 Yonge St   408,000.00   Apartment   2+1   2 
 N1582879   Vaughan      95 Flatbush Ave   1,350,000.00   2-Storey   4   6 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1583449   Brampton      15 Fairbank Crt   324,900.00   2-Storey   4+2   3 

Click here to view full property matches on-line.

 

These are the POS properties from March 15 to March 17

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1554247   Brampton   55   46 Dearbourne Blvd   169,000.00   3-Storey   4   2 
 W1579968   Brampton      27 Scottsdale Crt   224,900.00   2-Storey   5   2 
 W1579961   Brampton      62 Cherrytree St   289,900.00   2-Storey   4+1   2 
 W1533518   Brampton      39 Metzak Dr   316,000.00   2-Storey   4+2   4 
 W1579802   Brampton      63 Hiberton Cres   374,900.00   2-Storey   4+2   4 
 W1562974   Brampton      17 Laidlaw Ave   398,800.00   2-Storey   4+2   4 
 W1548161   Brampton      37 Sedgegrass Way   429,900.00   2-Storey   4   4 
 W1472209   Brampton      46 Customline Dr   454,900.00   2-Storey   4   3 
 W1530700   Burlington      1336 Monmouth Dr   529,000.00   2-Storey   5   3 
 W1579944   Georgetown      68 Dayfoot Dr   231,000.00   Bungalow   2   1 
 W1579411   Milton   102   371 Bronte St   199,000.00   Multi-Level   3   3 
 W1567696   Mississauga      129 Dunbar Rd   399,900.00   Bungalow   3   2 

Click here to view full property matches on-line.

POS Toronto to Etobicoke

ML# Municipality Ap/Un Address Price Style Br Wr
 W1579484   Toronto   41   43 Lexington Ave   159,000.00   Multi-Level   3   2 
 C1557219   Toronto   1   285 Antibes Dr   265,000.00   2-Storey   3   3 
 W1564899   Toronto      202 Silverthorn Ave   265,000.00   2-Storey   3   2 
 W1548123   Toronto      1 Teston Blvd   267,000.00   2-Storey   3   2 
 C1549545   Toronto      21 Wild Gingerway Way   329,000.00   2-Storey   3   3 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1560739   Innisfil      648 Chestnut St   155,500.00   Bungalow   2   1 
 N1579190   Jacksons Point      56 Malone Rd   2,250,000.00   3-Storey   8+1   8 
 C1564136   Toronto   40   10 Esterbrooke Ave   229,900.00   2-Storey   3+1   2 
 C1579305   Toronto   413   10 Northtown Way   269,500.00   Apartment   1+1   1 
 C1579688   Toronto      508 Mount Pleasant Rd   749,000.00   2-Storey   2+2   4 
 N1579867   Vaughan      68 Carron Ave   315,000.00   2-Storey   3   2 
 N1525950   Vaughan      7040 Islington Ave   359,000.00   1 1/2 Storey   3+1   3 
 N1579917   Vaughan      148 Kale Cres   538,800.00   2-Storey   4+1   5 

Click here to view full property matches on-line.

POS Vghn Aur Nwmk Smco Mrk Rch

ML# Municipality Ap/Un Address Price Style Br Wr
 N1560739   Innisfil      648 Chestnut St   155,500.00   Bungalow   2   1 
 N1579190   Jacksons Point      56 Malone Rd   2,250,000.00   3-Storey   8+1   8 
 C1564136   Toronto   40   10 Esterbrooke Ave   229,900.00   2-Storey   3+1   2 
 C1579305   Toronto   413   10 Northtown Way   269,500.00   Apartment   1+1   1 
 C1579688   Toronto      508 Mount Pleasant Rd   749,000.00   2-Storey   2+2   4 
 N1579867   Vaughan      68 Carron Ave   315,000.00   2-Storey   3   2 
 N1525950   Vaughan      7040 Islington Ave   359,000.00   1 1/2 Storey   3+1   3 
 N1579917   Vaughan      148 Kale Cres   538,800.00   2-Storey   4+1   5 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1578806   Burlington      2225 Previn Crt   349,900.00   2-Storey   4   4 

Click here to view full property matches on-line.

POS Miss,Brm,Oak,Mltn,Brl,Cldn

ML# Municipality Ap/Un Address Price Style Br Wr
 W1578806   Burlington      2225 Previn Crt   349,900.00   2-Storey   4   4 

Click here to view full property matches on-line.

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Power of Sale and Tax Sale properties - questions and answers

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What is a Power of Sale Property?

In Ontario when a borrower defaults on a home mortgage, the bank/lender most often attempts to recover its losses by selling the property using the Power of Sale clause contained in the mortgage.  Due to legal fees, foregone interest and other property expenses, the estimated losses to the bank for Power of Sale properties can range from 10 percent to 30 percent of the outstanding loan balances.  There are other variables that can affect the losses or costs when a property is sold via power of sale such as the deterioration of the property and the time it takes to process the paperwork.

Definition of Power of Sale:  A clause commonly inserted in a mortgage and deed of trust that grants the creditor or trustee the right and authority, upon default in the payment of the debt, to advertise and sell the property through any means at it's disposal, usually MLS in Ontario or at public auction, without resorting to a court for authorization to do so.

Once the creditor is paid out of the net proceeds, the property is transferred by deed to the purchaser, and the surplus, if any, is returned to the debtor.  The debtor is thereby completely divested of any interest in the property and has no subsequent right of redemption (recovery of property by paying the mortgage debt in full).

You will often see advertisements about Court Auctions, Pre-Forclosures, Homeowners in Bankruptcy, HUD Homes, VA Homes, Government homes and similar sounding wording.  In my experience, some of these types of investment property opportunities come out of the US and are not as common here in Ontario.  In our trading area, most of the POS, Tax Sale properties or foreclosure properties are put on the MLS.  The reason for this is that our provincial laws are very strict about the procedure and marketing of a power of sale property and the company or person who is initiating the power of sale must do their best to obtain what is called TRUE market value as opposed to fair market value for the property, otherwise if the property is sold too far under TRUE market value, the owner could sue them for the difference.

 

 

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Read more about obtaining power of sale and bank sale information for Toronto and the GTA

Power of Sale and Tax Sale properties - questions and answers

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