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These are the POS properties shown in my daily
POS Newsletter email to you that are from our own RE/MAX Realty Specialists
Inc. inhouse listings. You
may wish to see all
POS listed by all other brokers here  |
The most current Power of Sales and Bank Sales listings for Toronto, Mississauga and the west GTA can be found below :
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Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/11/2012 8:36:03 PM
1455 Williamsport Dr 111
$154,900
Mississauga, Ontario L4X2T5 Peel Applewood
Taxes:
$1,462.72/2012
SPIS:
N 473-46-L
Condo Townhouse
#Shares%:
Rooms:
6
Stacked Townhse
Locker#:
Bedrooms:
2+1
Dir/Cross St:
Dixie/Bloor
Level:
1
Washrooms:
2
Corp#:
PCC/151
Unit#:
111
1x4, 1x2
Zoning:
Prop Mgmt: Icc Property Management
MLS#:
W2484184
DOM:
2
Possession:
30 Days Tba
PIN#:
Contract Date:
10/9/2012
Kitchens:
1
Fam Rm:
N
Basement:
None
Fireplace/Stv:
N
Heat:
Gas
Forced Air
Apx Age:
Apx Sqft:
1200-1399
Exposure:
Ne
Assessment:
Spec Desig:
Unknown
Phys Hdcap-Equip:
Pets Perm:
Restrict
Locker:
Ensuite
Maint:
$586.97
A/C:
Central Air
UFFI:
Central Vac:
Elevator:
Retirement:
Taxes Incl:
N
Water Incl:
Y
Heat Incl:
Y
Hydro Incl:
Y
Cable TV Incl:
N
CAC Incl:
Y
Bldg Insur Incl:
Y
Prkg Incl:
Y
Comm Elem Inc:
Y
Balcony:
Open
Ens Lndry:
Y
Lndry Lev:
Exterior:
Brick
Gar/Park Sp:
Undergrnd/1
Park/Drive:
Undergrnd
Park Type:
Exclusive/
Park Spcs:
1
Park $/Mo:
Prk Lgl Dsc:
Bldg Amen:
#
Room
Level
Dimensions (m)
1
Kitchen
Main
3.52
x
2.31
Ceramic Floor
W/O To Patio
2
Living
Main
5.80
x
3.34
Ceramic Floor
Combined W/Dining
3
Dining
Main
2.52
x
2.36
Ceramic Floor
4
Den
Main
2.70
x
2.68
5
Master
2nd
3.62
x
2.86
6
2nd Br
2nd
2.90
x
2.86
Laminate
Closet
7
Laundry
2nd
1.60
x
1.20
Ceramic Floor
Rarely Offered Main Floor Stacked Townhome. Two Bedroom With Den, Could Be Third Bedroom. Ceramic Tile Thru-Out Main Floor, Laminated Den, Upper Floor Laminate,Large Utilitiy/Laundry Room, Storage Space,Walk Out To Patio.
Close To Plaza, Transportation, Many Other Amenities One Bus To Subway, One Bus To Square One.
Listing Contracted With:
RE/MAX REALTY SPECIALISTS INC., BROKERAGE 905-272-3434
Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2012
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/11/2012 8:36:03 PM
30 Park St
$253,900
Brampton, Ontario L6X1T9 Peel Downtown Brampton
SPIS:
N 452-43-V
Taxes:
$2,904.37/2012
Detached
Fronting On:
E
Rooms:
4+1
Bungalow
Acreage:
Bedrooms:
2
Dir/Cross St:
Queen St And Mill St
Washrooms:
1
Lot:
38X135 Feet
1x4xMain
Lot Irreg:
MLS#:
W2481515
DOM:
6
Possession:
Immed
PIN#:
Contract Date:
10/5/2012
Kitchens:
1
Fam Rm:
N
Basement:
Part Fin
Fireplace/Stv:
N
Heat:
Gas
Forced Air
A/C:
Central Air
Central Vac:
Apx Age:
Apx Sqft:
Assessment:
Elev/Lift:
Laundry Lev:
Phys Hdcap-Equip:
Exterior:
Brick
Drive:
Private
GarType/Spaces:
Detached/1
Parking Spaces:
4
UFFI:
Pool:
None
Zoning:
Cable TV:
Hydro:
Gas:
Phone:
Water:
Municipal
Water Supply:
Sewers:
Sewers
Spec Desig:
Unknown
Farm/Agr:
Waterfront:
Retirement:
#
Room
Level
Dimensions (m)
1
Kitchen
Main
3.84
x
3.66
Eat-In Kitchen
Side Door
Family Size Kitchen
2
Living
Main
4.57
x
3.66
Combined W/Dining
Open Concept
Hardwood Floor
3
Master
Main
3.62
x
3.23
Hardwood Floor
Closet
Window
4
2nd Br
Main
3.35
x
2.62
Window
Hardwood Floor
Closet
5
Rec
Bsmt
4.80
x
2.90
Window
2 Bedrooms All-Brick Detached Bungalow On A Premium 38 X 135 Lot In Historic Downtown Branpton! Strip Oak Hardwood Floors, Open Concept Living Room And Dining Room, Eati-In Kitchen With Walk Out To Large Deck.
No Survey.The Vendor Will Not Accept Offers From Any Individual/Employee Of The Toronto Bank Or Any Of Its Subsidiaries/Affiliated Corporations.No Offers On The First 10 Days Of Listing,All Offers Much Have Sch.B,C&D Attached With 48 Hours
Listing Contracted With:
RE/MAX REALTY SPECIALISTS INC., BROKERAGE 905-858-3434
Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2012
Power of sale listing from late 2011 to April of 2012
Power of sale listings from RRSI 2011 only
Power-of-Sale-Listings-right-column-Jan2-2011-to-May-26-2011
Power-of-Sale-Listings-right-columnNovember2008-Jan25-2009
Power-of-Sale-Listings-right-column-up-to-Sept-2010
Power-of-Sale-Listings-right-column-November
Power-of-Sale-Listings-right-column-March28-April23
Power-of-Sale-Listings-right-column-Feb-2009
| Today's Mortgage Rates | |
| Term | Rate |
| 1 Yr closed | 6.14% |
| 2 Yr closed | 6.14% |
| 3 Yr closed | 5.89% (sale) |
| 4 Yr closed | 5.64% (sale) |
| 5 Yr closed | 5.74% (sale) |
| 5 Yr Variable | 6.75% (prime minus 0.2%) |
| 5 Yr Open Variable (+3.3%) |
9.78% |
| Current Bank of Canada Prime Rate |
4.75% |
| Current Bank Consumer Lending Prime Rate |
6.95% |
| See Best Rates | |
In order to receive daily power of sales and bank sales listings, please fill out the form further below.
Power of Sale and Tax Sale properties - questions and answers
Power of Sale and Tax Sale properties - questions and answers
You may want power of sale properties from Toronto, Oakville, Brampton, Burlington, Georgetown, Milton, Etobicoke and other areas such as Aurora, Newmarket, Barrie and others. Please send me an email request and I will sign you up to receive those listings too.
Use the form below and you will receive your FREE list of all the Power Of Sale | Estate Sale | Fixer Upper properties from ALL the Real Estate Companies across the GTA matching your specific criteria - You may
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If you get these notices first you will be the first to see the property, before most other buyers. We are then able to help you negotiate the lowest possible price when you purchase through us!
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-Foreclosures, 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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| Today's Mortgage Rates | |
| Term | Rate |
| 1 Yr closed | 6.14% |
| 2 Yr closed | 6.14% |
| 3 Yr closed | 5.89% (sale) |
| 4 Yr closed | 5.64% (sale) |
| 5 Yr closed | 5.74% (sale) |
| 5 Yr Variable | 6.75% (prime minus 0.2%) |
| 5 Yr Open Variable (+3.3%) |
9.78% |
| Current Bank of Canada Prime Rate |
4.75% |
| Current Bank Consumer Lending Prime Rate |
6.95% |
| See Best Rates | |
(Some area restrictions may apply)
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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
| |
Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale | All Pages including Mississauga Real Estate Blog all maintained by info@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434 First created - Tuesday, July 16th, 1996 at 3:48:41 PM - Last Update of this website: Thursday, June 1, 2023 6:45 AM
At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and or Meadowvale ) Ontario, Canada Real Estate Homes and Property Internet web site you will find relevant information to help you and your family.
