GTA and Mississauga Average Price Graph

You are here: 
Power of Sale Properties InformationHello,
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
If you see anything below that you would like to see 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.


 

If you see anything below that you would like to see inside, please send me an email thank you, Mark

These are the latest POS properties shown by Mark Argentino from RE/MAX Realty Specialists Inc. as of January 2, 2011

Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
1/1/2011 3:40:51 PM

MLS# W2009437
115 Hillcrest Ave 208 $170,000
Mississauga, Ontario L5B3Y9  W15  473-41-M Taxes: $0/2010
SPIS: N
Condo Apt #Shares%:   Rooms: 6
Apartment Locker#:   Bedrooms: 1+1
Dir/Cross St: Hurontario/Hillcrest Level: 02 Washrooms: 1
Corp#: PCC/420 Unit#: 208 1x4
Zoning:  
Prop Mgmt: Verandva
MLS#: W2009437  DOM: 10 Possession: 60 Days/Tba
PIN#:   Contract Date: 12/22/2010
Kitchens: 1
Fam Rm: N
Basement: None
 
Fireplace/Stv: N
Heat: Gas
Forced Air
Apx Age:  
Apx Sqft:  
Exposure: W
Assessment:  
Spec Desig: Unknown
Pets Perm: Restrict
Locker: Exclusive
Maint: $0
CAC: Y
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: None
Ens Lndry: Y Lndry Lev:  
Exterior: Brick
 
Gar/Park Sp: Undergrnd/1
Park/Drive: Undergrnd
Park Type: Exclusive/ 
Park Spcs:
Park $/Mo:  
Prk Lgl Dsc:  
 
Bldg Amen:  
# Room Level Dimensions (m)        
1 Living Main 4.77 x 3.30 Broadloom W/O To Sunroom  
2 Dining Main 3.34 x 3.00 Broadloom    
3 Kitchen Main 3.23 x 2.67 Ceramic Floor    
4 Master Main 3.70 x 3.00 Broadloom W/I Closet  
5 Den Main 3.58 x 2.95 Broadloom    
6 Solarium Main 2.95 x 2.25 Broadloom    
7 Laundry Main 2.20 x 1.70 Ensuite Bath    
8 Foyer Main 2.88 x 2.50 Broadloom Closet  
Location, Location. Large One Bedroom Plus Den. Den Has Potential For Bedroom. Sunny West Exposure, Well Managed Building With 24Hr Concierge. Steps To Go Train. Easy Access To Schools, Shopping, Qew And 403, Square One. Bring Your Personal Touch.
Fridge, Stove, Built-In Dishwasher.
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 2011

-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
1/1/2011 3:40:51 PM

MLS# W2010255
13 Helena Crt   $242,000
Brampton, Ontario L6S2N4  W24  452-48-V
SPIS: N Taxes: $2,506.73/2010
Detached Fronting On: E Rooms: 6+1
2-Storey Acreage:   Bedrooms: 3
Dir/Cross St: Central Park/ Howden Washrooms: 2
Lot: 31.92X79 Feet 1x2xBsmt, 1x4x2nd
Lot Irreg:  
MLS#: W2010255  DOM: 3     Possession: Immediate
PIN#:   Contract Date: 12/29/2010
Kitchens: 1
Fam Rm: N
Basement: Fin W/O
 
Fireplace/Stv: Y
Heat: Electric
Baseboard
CAC: N Central Vac:  
Apx Age:  
Apx Sqft:  
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Alum Siding
   
Drive: Private
GarType/Spaces: None/0
Parking Spaces: 2
UFFI:  
Pool: None
Park
Public Transit
Zoning:  
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Municipal
Water Supply:  
Sewers: Sewers
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement:  
Garden Shed
 
# Room Level Dimensions (m)        
1 Living Ground 4.78 x 3.43 Laminate Bay Window Combined W/Dining
2 Dining Ground 3.35 x 2.74 Laminate Bay Window Combined W/Living
3 Kitchen Ground 3.09 x 3.21 Vinyl Floor    
4 Master 2nd 3.80 x 3.37 Parquet Floor Window Double Closet
5 2nd Br 2nd 3.58 x 2.57 Laminate Window Closet
6 3rd Br 2nd 3.72 x 2.40 Parquet Floor Window Closet
7 Rec Bsmt 7.47 x 5.18 Fireplace Walk-Out  
Detached Home In Central Location Of Brampton.This 3 Bedroom 2 Bathroom Home Has Lots Of Potential.Great For The First Time Home Buyer Or Handyman!The Basement Has A Walk Out To The Fully Fenced Backyard That Has Two Garden Sheds.Close To Amenities.Do Not Miss This Opportunity!
Property Being Sold 'As Is, Where Is' Condition.All Elf And Appliances Sold In 'As Is, Where Is' Condition. Buyer/Buyer Representative To Verify All Room Measurements,Property Taxes,Lot Size And Legal Description Of Property.
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-828-3434

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2011
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
1/1/2011 3:40:51 PM

MLS# E2010462
46 Starspray Blvd   $345,000
Toronto, Ontario M1C4P3  E10  112-44-H
SPIS: N Taxes: $0/2010
Detached Fronting On: N Rooms: 8
2-Storey Acreage:   Bedrooms: 3
Dir/Cross St: Lawrence/Rouge Hills Washrooms: 2
Lot: 31X114 Feet 1x2xMain, 1x4x2nd
Lot Irreg:  
MLS#: E2010462  DOM: 2     Possession: Asap
PIN#:   Contract Date: 12/30/2010
Kitchens: 1
Fam Rm: Y
Basement: Unfinished
 
Fireplace/Stv: N
Heat: Gas
Forced Air
CAC: N Central Vac:  
Apx Age:  
Apx Sqft:  
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
  Vinyl Siding
Drive: Private
GarType/Spaces: Attached/2
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 2.59 x 2.70      
2 Breakfast Main 3.02 x 2.70      
3 Family Main 3.56 x 4.29      
4 Foyer Main   x        
5 Dining Main 3.84 x 2.60      
6 Master 2nd 4.18 x 5.25      
7 2nd Br 2nd 3.35 x 3.76      
8 3rd Br 2nd 3.32 x 3.86      
Fantastic Opportunity For Someone Looking To Do Some Renovations. Spacious Lay Out With No Wasted Space. Generous Sized Bedrooms. Great Area By West Rouge Park And The Lake.
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-828-3434

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2011
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
1/1/2011 3:40:51 PM

MLS# W1972297
444 Silverthorn Ave   $419,000
Toronto, Ontario M6M3H5  W03  114-13-L
SPIS: N Taxes: $3,496.29/2010
Detached Fronting On: W Rooms: 6+1
2-Storey Acreage:   Bedrooms: 3
Dir/Cross St: Rogers/Eglinton Washrooms: 2
Lot: 20X131.16 Feet 1x3, 1x4
Lot Irreg:  
MLS#: W1972297  DOM: 86     Possession: Immed/Tba
PIN#:   Contract Date: 10/7/2010
Kitchens: 2
Fam Rm: N
Basement: Finished
 
Fireplace/Stv: N
Heat: Gas
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft:  
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Private
GarType/Spaces: Built-In/1
Parking Spaces: 2
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 Living Ground 4.20 x 2.80 Hardwood Floor    
2 Dining Ground 3.60 x 2.80 Hardwood Floor    
3 Kitchen Ground 4.60 x 3.30 Ceramic Floor    
4 Master 2nd 4.60 x 3.90 Hardwood Floor    
5 2nd Br 2nd 3.60 x 2.70 Hardwood Floor    
6 Br Bsmt 3.00 x 2.70 Hardwood Floor    
7 Rec Bsmt 4.90 x 3.60 Broadloom    
Power Of Sale. Try $30,000 Down. Pay Only $1,099/Month. Great Value Turn Key Home. Cosmopolitan New York City Reno. Open Concept. Banks Of Pot Lights. Designer Kitchen. Granite Countertop. Everything For The Gourmet Chef In You. Hardwood Floors, Separate Entrance To Finished Basement. Stunning Art Decor. New Bathroom. Magnificent Views From Panoramic Windows. A Must See!
Try 30K Down. L.A. Can Arrange 2% 2nd Mtg. Pay Only $1,099/Month!
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2011
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
1/1/2011 3:40:51 PM

MLS# N1957454
301 Kingscross Dr   $859,000
King, Ontario L7B1J1  N14  336-15-G
SPIS: N Taxes: $7,890/2010
Detached Fronting On: S Rooms: 9+6
Bungalow Acreage: 2-4.99 Bedrooms: 3+1
Dir/Cross St: King/Jane/Westgate Washrooms: 4
Lot: 0X2.5 Acres 2x4, 1x3, 1x2
Lot Irreg: 2.5 Acres Irreg.
MLS#: N1957454  DOM: 107     Possession: 30/60 Days/Tba
PIN#:   Contract Date: 9/16/2010
Kitchens: 1
Fam Rm: Y
Basement: Fin W/O
 
Fireplace/Stv: Y
Heat: Oil
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft: 3500-5000
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Circular
GarType/Spaces: Attached/2
Parking Spaces: 8
UFFI:  
Pool: Inground
Zoning:  
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Well
Water Supply: Drilled Well
Sewers: Septic
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement:  
 
 
# Room Level Dimensions (m)        
1 Living Main 6.70 x 6.50 Picture Window Sunken Room  
2 Dining Main 6.00 x 3.95 O/Looks Garden    
3 Kitchen Main 4.20 x 2.78      
4 Breakfast Main 4.20 x 2.78 Combined W/Kitchen Combined W/Family Broadloom
5 Family Main 4.40 x 4.20 O/Looks Garden Broadloom  
6 Library Main 4.97 x 4.48 O/Looks Garden Broadloom  
7 Master Main 4.70 x 4.10 4 Pc Ensuite W/I Closet Broadloom
8 2nd Br Main 4.14 x 4.10 Semi Ensuite B/I Shelves Double Closet
9 3rd Br Main 5.00 x 4.16 Semi Ensuite Broadloom Double Closet
'As Is' Condition. Great Opportunity, Prime Area, Oversized Lot. Motivated Vendor.
Rec Room: 9.34 X 8.38, Games Room: 6.10 X 6.36, Bsmt: Kit 3.90 X 3.40, Sunroom: 4.43 X 2.77,
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2011
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
12/13/2010 10:25:13 AM

MLS# W1957727
4470 Tucana Crt 1403 $169,900
Mississauga, Ontario L5R3K8  W19  466-42-J Taxes: $1,900/2010
SPIS: N
Condo Apt #Shares%:   Rooms: 5+1
Apartment Locker#:   Bedrooms: 2+1
Dir/Cross St: Eglinton/403/Hurontario Level: 13 Washrooms: 2
Corp#: PCP/137 Unit#: 03 1x4xMain, 1x4xMain
Zoning:  
Prop Mgmt:  
MLS#: W1957727  DOM: 87 Possession: 60 Days/Tba
PIN#:   Contract Date: 9/17/2010
Kitchens: 1
Fam Rm: N
Basement: None
 
Fireplace/Stv: N
Heat: Gas
Forced Air
Apx Age:  
Apx Sqft:  
Exposure: Nw
Assessment:  
Spec Desig: Unknown
Pets Perm: Restrict
Locker: Exclusive
Maint: $750
CAC: Y
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: None
Ens Lndry: Y Lndry Lev: Lower
Exterior: Concrete
 
Gar/Park Sp: Undergrnd/2
Park/Drive: Undergrnd
Park Type: Exclusive/ 
Park Spcs:
Park $/Mo:  
Prk Lgl Dsc:  
 
Bldg Amen:  
# Room Level Dimensions (m)        
1 Living Flat 6.40 x 3.40 Laminate Open Concept Picture Window
2 Dining Flat 6.40 x 3.40 Laminate Combined W/Living L-Shaped Room
3 Kitchen Flat 5.60 x 2.44 Ceramic Floor Eat-In Kitchen Modern Kitchen
4 Master Flat 5.17 x 3.10 Broadloom W/I Closet 4 Pc Ensuite
5 2nd Br Flat 4.05 x 3.00 Double Closet Broadloom Window
6 Solarium Flat 3.66 x 3.00 Laminate Separate Rm Overlook Greenbelt
7 Foyer Flat 2.74 x 2.25 Large Closet    
*Wow What An Amazing View From This Unobstructed Look Out From The Windows Of This Corner Unit. Very Convenient Location To Access Square One Shopping Mall, 403,401 Highways, Walking Distance To Schools.24 Hr Concierge Makes This Comfortable, Safe Environment To Call Home.
'As Is'. Also Included Unit 54 Level B.
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 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
12/13/2010 10:25:13 AM

MLS# W1980171
54 Rivermere Crt   $313,000
Brampton, Ontario K7A1R4  W23  445-41-S
SPIS: N Taxes: $2,950/2010
Semi-Detached Fronting On: S Rooms: 6
2-Storey Acreage:   Bedrooms: 3
Dir/Cross St: Bovaird/ Chinguacousy Washrooms: 3
Lot: 26.02X82.02 Feet 1x2xMain, 2x4x2nd
Lot Irreg:  
MLS#: W1980171  DOM: 53     Possession: T.B.A
PIN#:   Contract Date: 10/21/2010
Kitchens: 1
Fam Rm: N
Basement: Part Fin
 
Fireplace/Stv: N
Heat: Gas
Forced Air
CAC: Y Central Vac: N
Apx Age: 6-15
Apx Sqft: 1100-1500
Assessment:  
Elevator:   Laundry Lev: Main
Exterior: Brick
   
Drive: Private
GarType/Spaces: Built-In/1
Parking Spaces: 2
UFFI:  
Pool: None
Lake/Pond
Public Transit
Zoning: Residential
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Municipal
Water Supply:  
Sewers: Sewers
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement: N
 
 
# Room Level Dimensions (m)        
1 Living Main 4.11 x 3.30 Parquet Floor Open Concept Window
2 Breakfast Main 3.08 x 2.90 Ceramic Floor W/O To Yard  
3 Kitchen Main 2.92 x 2.90 Ceramic Floor Family Size Kitchen  
4 Master 2nd 4.60 x 3.99 4 Pc Ensuite W/I Closet Window
5 2nd Br 2nd 3.41 x 2.86 Broadloom Closet Window
6 3rd Br 2nd 3.07 x 2.95 Broadloom Closet Window
Impeccable Open Concept Home. Backs Onto Pond! Located In Fletcher Creek Area.All Amenities In Area.!!
Buyers To Verify Taxes, Measurements, Any Rental Equipment, Rooms And Lot Size!!
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
12/13/2010 10:25:13 AM

MLS# W1972297
444 Silverthorn Ave   $419,000
Toronto, Ontario M6M3H5  W03  114-13-L
SPIS: N Taxes: $3,496.29/2010
Detached Fronting On: W Rooms: 6+1
2-Storey Acreage:   Bedrooms: 3
Dir/Cross St: Rogers/Eglinton Washrooms: 2
Lot: 20X131.16 Feet 1x3, 1x4
Lot Irreg:  
MLS#: W1972297  DOM: 67     Possession: Immed/Tba
PIN#:   Contract Date: 10/7/2010
Kitchens: 2
Fam Rm: N
Basement: Finished
 
Fireplace/Stv: N
Heat: Gas
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft:  
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Private
GarType/Spaces: Built-In/1
Parking Spaces: 2
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 Living Ground 4.20 x 2.80 Hardwood Floor    
2 Dining Ground 3.60 x 2.80 Hardwood Floor    
3 Kitchen Ground 4.60 x 3.30 Ceramic Floor    
4 Master 2nd 4.60 x 3.90 Hardwood Floor    
5 2nd Br 2nd 3.60 x 2.70 Hardwood Floor    
6 Br Bsmt 3.00 x 2.70 Hardwood Floor    
7 Rec Bsmt 4.90 x 3.60 Broadloom    
Power Of Sale. Try $30,000 Down. Pay Only $1,099/Month. Great Value Turn Key Home. Cosmopolitan New York City Reno. Open Concept. Banks Of Pot Lights. Designer Kitchen. Granite Countertop. Everything For The Gourmet Chef In You. Hardwood Floors, Separate Entrance To Finished Basement. Stunning Art Decor. New Bathroom. Magnificent Views From Panoramic Windows. A Must See!
Try 30K Down. L.A. Can Arrange 2% 2nd Mtg. Pay Only $1,099/Month!
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
12/13/2010 10:25:13 AM

MLS# N1957454
301 Kingscross Dr   $859,000
King, Ontario L7B1J1  N14  336-15-G
SPIS: N Taxes: $7,890/2010
Detached Fronting On: S Rooms: 9+6
Bungalow Acreage: 2-4.99 Bedrooms: 3+1
Dir/Cross St: King/Jane/Westgate Washrooms: 4
Lot: 0X2.5 Acres 2x4, 1x3, 1x2
Lot Irreg: 2.5 Acres Irreg.
MLS#: N1957454  DOM: 88     Possession: 30/60 Days/Tba
PIN#:   Contract Date: 9/16/2010
Kitchens: 1
Fam Rm: Y
Basement: Fin W/O
 
Fireplace/Stv: Y
Heat: Oil
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft: 3500-5000
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Circular
GarType/Spaces: Attached/2
Parking Spaces: 8
UFFI:  
Pool: Inground
Zoning:  
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Well
Water Supply: Drilled Well
Sewers: Septic
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement:  
 
 
# Room Level Dimensions (m)        
1 Living Main 6.70 x 6.50 Picture Window Sunken Room  
2 Dining Main 6.00 x 3.95 O/Looks Garden    
3 Kitchen Main 4.20 x 2.78      
4 Breakfast Main 4.20 x 2.78 Combined W/Kitchen Combined W/Family Broadloom
5 Family Main 4.40 x 4.20 O/Looks Garden Broadloom  
6 Library Main 4.97 x 4.48 O/Looks Garden Broadloom  
7 Master Main 4.70 x 4.10 4 Pc Ensuite W/I Closet Broadloom
8 2nd Br Main 4.14 x 4.10 Semi Ensuite B/I Shelves Double Closet
9 3rd Br Main 5.00 x 4.16 Semi Ensuite Broadloom Double Closet
'As Is' Condition. Great Opportunity, Prime Area, Oversized Lot. Motivated Vendor.
Rec Room: 9.34 X 8.38, Games Room: 6.10 X 6.36, Bsmt: Kit 3.90 X 3.40, Sunroom: 4.43 X 2.77,
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2010

These listings below are from October 6th are earlier and are now sold
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# W1957727
4470 Tucana Crt 1403 $179,900
Mississauga, Ontario L5R3K8  W19  466-42-J Taxes: $0/2010
SPIS: N
Condo Apt #Shares%:   Rooms: 5+1
Apartment Locker#:   Bedrooms: 2+1
Dir/Cross St: Eglinton/403/Hurontario Level: 13 Washrooms: 2
Corp#: PCP/137 Unit#: 03 1x4xMain, 1x4xMain
Zoning:  
Prop Mgmt:  
MLS#: W1957727  DOM: 18 Possession: 60 Days/Tba
PIN#:   Contract Date: 9/17/2010
Kitchens: 1
Fam Rm: N
Basement: None
 
Fireplace/Stv: N
Heat: Gas
Forced Air
Apx Age:  
Apx Sqft:  
Exposure: Nw
Assessment:  
Spec Desig: Unknown
Pets Perm: Restrict
Locker: Exclusive
Maint: $750
CAC: Y
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: None
Ens Lndry: Y Lndry Lev: Lower
Exterior: Concrete
 
Gar/Park Sp: Undergrnd/2
Park/Drive: Undergrnd
Park Type: Exclusive/ 
Park Spcs:
Park $/Mo:  
Prk Lgl Dsc:  
 
Bldg Amen:  
# Room Level Dimensions (m)        
1 Living Flat 6.40 x 3.40 Laminate Open Concept Picture Window
2 Dining Flat 6.40 x 3.40 Laminate Combined W/Living L-Shaped Room
3 Kitchen Flat 5.60 x 2.44 Ceramic Floor Eat-In Kitchen Modern Kitchen
4 Master Flat 5.17 x 3.10 Broadloom W/I Closet 4 Pc Ensuite
5 2nd Br Flat 4.05 x 3.00 Double Closet Broadloom Window
6 Solarium Flat 3.66 x 3.00 Laminate Separate Rm Overlook Greenbelt
7 Foyer Flat 2.74 x 2.25 Large Closet    
*Wow What An Amazing View From This Unobstructed Look Out From The Windows Of This Corner Unit. Very Convenient Location To Access Square One Shopping Mall, 403,401 Highways, Walking Distance To Schools.24 Hr Concierge Makes This Comfortable, Safe Environment To Call Home.
"As Is". Also Included Unit 54 Level B.
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 2010

-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# W1916447
25 Kingsbridge Garden Circ 1427 $233,900
Mississauga, Ontario L5R4B1  W19  466-41-H Taxes: $1,900/2010
SPIS: N
Condo Apt #Shares%:   Rooms: 4
Apartment Locker#:   Bedrooms: 1
Dir/Cross St: Hurontario/Eglinton Level: 13 Washrooms: 1
Corp#: PCC/661 Unit#: 13 1x4xFlat
Zoning:  
Prop Mgmt:  
MLS#: W1916447  DOM: 84 Possession: 60 Days/Tba
PIN#:   Contract Date: 7/13/2010
Kitchens: 1
Fam Rm: N
Basement: None
 
Fireplace/Stv: N
Heat: Gas
Forced Air
Apx Age: 6-15
Apx Sqft:  
Exposure: Se
Assessment:  
Spec Desig: Unknown
Pets Perm: Restrict
Locker: Common
Maint: $330.79
CAC: Y
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: Main
Exterior: Concrete
 
Gar/Park Sp: Undergrnd/1
Park/Drive: Undergrnd
Park Type: Owned/ 
Park Spcs:
Park $/Mo:  
Prk Lgl Dsc:  
 
Bldg Amen:  
Concierge
Games Room
Indoor Pool
Recreation Room
# Room Level Dimensions (m)        
1 Living Flat 6.29 x 3.38 Broadloom Combined W/Dining W/O To Balcony
2 Dining Flat 6.29 x 3.38 Broadloom Open Concept Modern Kitchen
3 Kitchen Flat 2.95 x 2.29 Ceramic Floor Pantry Open Concept
4 Master Flat 4.44 x 3.31 Broadloom Large Closet Picture Window
Remarkable Tridel Built Building Known As The Skymark, Nice Open Concept Flr Plan, Spacious One Bdrm Unit. This Condo Features State Of The Art Rec.Facilities W/Bowling Alley, 30,000 Sqft Of A Play Ground To Suit All Age Levels Virtual Golf, Indoor Pool, Gym, Tennis Billiards, 24Hr Concierge In The Lobby Fit For The Highest Standard Of Living. This Unit Shows Very Well And Is In Good Condition. Simply Move In And Enjoy.
'As Is'.
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 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# W1941874
79 Ceremonial Dr   $519,900
Mississauga, Ontario L5R2L7  W19  466-42-H
SPIS: N Taxes: $3,900/2010
Detached Fronting On: N Rooms: 9+4
2-Storey Acreage:   Bedrooms: 4+2
Dir/Cross St: Highway 10/Eglinton Washrooms: 4
Lot: 66.24X112.96 Feet 1x5xUpper, 1x2xMain, 1x4xMain, 1x4xBsmt
Lot Irreg:  
MLS#: W1941874  DOM: 42     Possession: 60 Days Tba
PIN#:   Contract Date: 8/24/2010
Kitchens: 1 + 1
Fam Rm: Y
Basement: Fin W/O
Sep Entrance
Fireplace/Stv: Y
Heat: Gas
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft: 2500-3000
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Pvt Double
GarType/Spaces: Built-In/2
Parking Spaces: 5
UFFI:  
Pool: None
Park
Public Transit
School
Zoning:  
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Municipal
Water Supply:  
Sewers: Sewers
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement:  
 
 
# Room Level Dimensions (m)        
1 Living Main 6.82 x 3.38 Combined W/Dining Hardwood Floor Picture Window
2 Dining Main 5.23 x 2.97 Formal Rm Hardwood Floor Picture Window
3 Kitchen Main 5.62 x 2.97 Family Size Kitchen W/O To Yard Ceramic Floor
4 Family Main 5.23 x 2.87 Hardwood Floor Fireplace Picture Window
5 Library Main 3.46 x 2.85 Hardwood Floor Picture Window  
6 Master Upper 7.69 x 3.38 5 Pc Ensuite Broadloom W/I Closet
7 2nd Br Upper 4.49 x 3.13 Broadloom Double Closet Window
8 3rd Br Upper 4.49 x 3.05 Broadloom Double Closet Window
9 4th Br Upper 3.38 x 2.92 Broadloom Double Closet Window
10 Living Bsmt 3.32 x 3.05 Ceramic Back Splash Combined W/Kitchen  
11 Br Bsmt 3.39 x 3.10 Broadloom    
12 Br Bsmt 3.25 x 3.14 Broadloom    
Some Recent Updates Make This Home A Great Opportunity To Own In Central Mississauga With Fantastic Access To Schools, Shopping, Near Square One And Walking To A Bus System To Take You To The Down Town Core. Large Corner Lot Fenced For Large Family Gatherings. Nice Neutral Decor Thru-Out, Tenant In Lower Level Has A Lease Until March 2011 Paying $750.00/Month And 30% Of Utilities. Pls Allow 24Hr Notice For Appts For The Tenant In Lower Level.
'As Is' Can Be A Quick Closing If Buyer Assumes The Very Co-Operative Tenant In Lower Level Who Would Be Delighted To Stay On, Presently Paying $750/Month And A Portion Of The Utilities...
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 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# W1963237
2978 Tradewind Dr   $549,000
Mississauga, Ontario L5N6L3  W20  458-34-B
SPIS: N Taxes: $4,401/2010
Detached Fronting On: S Rooms: 10
2-Storey Acreage:   Bedrooms: 4+2
Dir/Cross St: Winston Churchill/Derry Washrooms: 4
Lot: 40.03X114.83 Feet 1x5x2nd, 1x4x2nd, 1x2xMain, 1x4xBsmt
Lot Irreg:  
MLS#: W1963237  DOM: 10     Possession: 60 Days/Tba
PIN#:   Contract Date: 9/25/2010
Kitchens: 1 + 1
Fam Rm: Y
Basement: Apartment
Sep Entrance
Fireplace/Stv: Y
Heat: Gas
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft: 2500-3000
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
  Brick Front
Drive: Private
GarType/Spaces: Attached/2
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)        
Spacious Detached 4+2 Bedroom Home With A Finished Basement Located In Prime Location In Mississauga Close To All Amenities Including Hwy And Major Streets. Tenanted Property Selling Under Power Of Sale. Buyer To Verify Property Taxes And Room Dimensions. 48 Hours Irrevocable For All Offers
Please Call Listing Agent Prior To Preparing Offer. All Offers To Be Faxed With 48 Hours Irrevocable As Per Seller.
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# W1933096
6828 Golden Hills Way   $759,000
Mississauga, Ontario L5W1P3  W19  459-41-C
SPIS: N Taxes: $6,476.98/2009
Detached Fronting On: W Rooms: 10+2
2-Storey Acreage: < .49 Bedrooms: 4
Dir/Cross St: Mclaughlin/Derry Washrooms: 5
Lot: 46X109.74 Feet 1x5x2nd, 3x4x2nd, 1x2xGround
Lot Irreg:  
MLS#: W1933096  DOM: 60     Possession: 60/90 Days Tba
PIN#:   Contract Date: 8/6/2010
Kitchens: 1
Fam Rm: Y
Basement: Fin W/O
 
Fireplace/Stv: Y
Heat: Gas
Forced Air
CAC: Y Central Vac:  
Apx Age: 0-5
Apx Sqft: 3000-3500
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Pvt Double
GarType/Spaces: Attached/2
Parking Spaces: 6
UFFI:  
Pool: None
Zoning: Residential
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Municipal
Water Supply:  
Sewers: Sewers
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement:  
 
 
# Room Level Dimensions (m)        
1 Living Main 4.96 x 4.29 Hardwood Floor Separate Rm Formal Rm
2 Dining Main 4.45 x 4.11 Hardwood Floor Separate Rm Formal Rm
3 Kitchen Main 7.62 x 3.65 Ceramic Floor Modern Kitchen Breakfast Area
4 Family Main 6.06 x 5.18 Hardwood Floor Vaulted Ceiling Gas Fireplace
5 Den Main 3.36 x 3.16 Hardwood Floor    
6 Master 2nd 5.05 x 4.45 Broadloom 5 Pc Ensuite W/I Closet
7 2nd Br 2nd 4.05 x 3.04 Closet    
8 3rd Br 2nd 4.45 x 4.14 Closet Semi Ensuite Window
9 4th Br 2nd 4.02 x 3.16 Closet 2 Pc Ensuite Window
10 Rec Bsmt   x   4 Pc Bath Gas Fireplace Hardwood Floor
Stunning 3400 Sq. Ft. 4 Br 5 Bath Di Blasio Home W/Finished Walkout Basement Located In A Prestigious Area Of Luxury Homes! Loaded With Upgrades Such As Hardwood Floors, Granite Counters,Modern Upgraded Maple/Granite Kit.Upg'd Light Fixtures, Hardware And Crown Mouldings!Oak Stairs,Int/Ext Pot Lights,High End Appliances,2 Fireplaces & So Much More!Property Is Leased Until June 2011.
Elegant Living, Fine Design W/Quality Finishes! Tens Of Thousands In Quality Upgrades! Buyer To Verify Taxes Rentals Parking & Any Fees.
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 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# N1957454
301 Kingscross Dr   $859,000
King, Ontario L7B1J1  N14  336-15-G
SPIS: N Taxes: $7,890/2010
Detached Fronting On: S Rooms: 9+6
Bungalow Acreage: 2-4.99 Bedrooms: 3+1
Dir/Cross St: King/Jane/Westgate Washrooms: 4
Lot: 0X2.5 Acres 2x4, 1x3, 1x2
Lot Irreg: 2.5 Acres Irreg.
MLS#: N1957454  DOM: 19     Possession: 30/60 Days/Tba
PIN#:   Contract Date: 9/16/2010
Kitchens: 1
Fam Rm: Y
Basement: Fin W/O
 
Fireplace/Stv: Y
Heat: Oil
Forced Air
CAC: Y Central Vac:  
Apx Age:  
Apx Sqft: 3500-5000
Assessment:  
Elevator:   Laundry Lev:  
Exterior: Brick
   
Drive: Circular
GarType/Spaces: Attached/2
Parking Spaces: 8
UFFI:  
Pool: Inground
Zoning:  
Cable TV:   Hydro:  
Gas:   Phone:  
Water: Well
Water Supply: Drilled Well
Sewers: Septic
Spec Desig: Unknown 
Farm/Agr:  
Waterfront:  
Retirement:  
 
 
# Room Level Dimensions (m)        
1 Living Main 6.70 x 6.50 Picture Window Sunken Room  
2 Dining Main 6.00 x 3.95 O/Looks Garden    
3 Kitchen Main 4.20 x 2.78      
4 Breakfast Main 4.20 x 2.78 Combined W/Kitchen Combined W/Family Broadloom
5 Family Main 4.40 x 4.20 O/Looks Garden Broadloom  
6 Library Main 4.97 x 4.48 O/Looks Garden Broadloom  
7 Master Main 4.70 x 4.10 4 Pc Ensuite W/I Closet Broadloom
8 2nd Br Main 4.14 x 4.10 Semi Ensuite B/I Shelves Double Closet
9 3rd Br Main 5.00 x 4.16 Semi Ensuite Broadloom Double Closet
"As Is" Condition,
Rec Room: 9.34 X 8.38, Games Room: 6.10 X 6.36, Bsmt: Kit 3.90 X 3.40, Sunroom: 4.43 X 2.77,
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-456-3232

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2010
-
Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
10/5/2010 8:00:23 AM

MLS# C1956839
637 Lakeshore Blvd W 1027 $1,438,800
Toronto, Ontario M5V3J6  C01   - -  Taxes: $9,863.03/2010
SPIS: N
Condo Apt #Shares%:   Rooms: 5
2-Storey Locker#: 173 Bedrooms: 2
Dir/Cross St: Bathurst/Lakeshore Level: 8 Washrooms: 3
Corp#: TSCC/1789 Unit#: 27 1x2xMain, 1x4xUpper, 1x9xMain
Zoning:  
Prop Mgmt:  
MLS#: C1956839  DOM: 20 Possession: Asap
PIN#:   Contract Date: 9/15/2010
Kitchens: 1
Fam Rm: Y
Basement: None
 
Fireplace/Stv: Y
Heat: Gas
Heat Pump
Apx Age:  
Apx Sqft:  
Exposure: Se
Assessment:  
Spec Desig: Unknown
Pets Perm: Restrict
Locker: Owned
Maint: $1,266.78
CAC: Y
UFFI:  
Central Vac:  
Elevator:  
Retirement:  
Taxes Incl: N Water Incl: Y
Heat Incl: N Hydro Incl: N
Cable TV Incl: N CAC Incl: N
Bldg Insur Incl: Y Prkg Incl: Y
Comm Elem Inc: Y
Balcony: Terr
Ens Lndry: Y Lndry Lev: Lower
Exterior: Concrete
 
Gar/Park Sp: Undergrnd/2
Park/Drive: Undergrnd
Park Type: Owned/ 
Park Spcs: 2 #58, #59
Park $/Mo:  
Prk Lgl Dsc: Level A
Level A
Bldg Amen: Bbqs Allowed
Concierge
# Room Level Dimensions (m)        
1 Master Main 5.54 x 3.39      
2 2nd Br Main 3.63 x 3.98      
3 Kitchen 2nd 2.76 x 3.53      
4 Dining 2nd 5.82 x 5.06 Combined W/Living    
5 Living 2nd 6.95 x 5.83      
One Of A Kind Show Stopper In The Luxurious Tip Top Lofts. Soaring Ceilings With Spectacular Views Of The City And Lake. Trendy Upscale Finishes With A 2 Storey Waterfall. Open Stair Case Leads To An Entertainers Dream Space. Automatic Doors Into The Bedroom. Spa Style Bedrooms.
Chattels Not Included. Master Ensuite Washroom Is 40 Pieces. Gas Line For A Bbq On The Balcony. Powder Room Has An Aquarium Built In.
Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE  905-828-3434

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2010

These listings below are the latest POS properties from RRSI

pos listings up to September 2010 from RRSI

pos listings from RRSI in previous months

see the POS from last month

Today's Mortgage Interest 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 Email me for More Information & Save Thousands of Dollars.  Receive ALL New Listings That Match Your Home Buying Criteria e-mailed to you free of Charge.
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!

 

Power of Sales, Foreclosures and Bank Sales Alert for Toronto and GTA properties

Would you like to receive the newly listed residential Power of Sales or Bank sales or Foreclosures in the Toronto and GTA areas?  This would include new power of sale and bank sale listings as they are added to the MLS database system.  You may fill in the fields below and click "Sign Me Up!"   Due to very popular demand, this service expires in 90 days from your submission date and must be resubmitted.  What is a power of sale property?
Your Email: (Required)
Your Name: (Required)

Price Range you would like me to search for you

The process of researching and sending you the requested listings from the form above takes time.  It takes even more time to sift through the emails to see who signed up to receive my newsletter.  Thus, by submitting this form you are also agreeing to sign up to my newsletter.  It could be worse!   You can always unsubscribe after you receive your first issue.  Privacy Policy  You may read the latest issue of my On-Line Real Estate Newsletter before you decide.
Yes, I agree to the above I would have signed up anyway Yes, I agree, but I would prefer not to sign up.
Agents and Realtors beware

You will receive a very fast answer from Mark
Thank you and have a great day!

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.

 

 

Current Mortgage Rates of two major lenders in Canada, please check with their website to confirm current mortgage interest rate

(Some area restrictions may apply)
Back to main menu

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

Ontario Tax Sale Properties

Previous Step in the Buying Process  Next Step in the Buying Process

 


REMAX Mississauga Real Estate NewsletterMarket Watch Newsletter
Subscribe to Mark's Mississauga Real Estate Newseltter

Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale  | Privacy-Policy | Guarantees | All Pages including SiteMap, Mississauga Real Estate Blog all maintained by A. Mark Argentino, Email Mark regarding homes and properties for sale in Mississauga, Erin Mills, Meadowvale, Streetsville, Credit Mills or ChurchillMeadows, Ontario, Canada and surrounding areas : Mark Argentino of REMAX welcomes your inquiry!mark@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: Wednesday, April 25, 2012 2:27 PM
In this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Meadowvale, Meadowvale and or Credit Mills) Ontario Canada Real Estate Property web site you will find information regarding:

| Complimentary & Quick Over The Net Home Evaluation |
Top of Page - Mississauga homes for sale, properties for sale and valuable information regarding the City of Mississauga, Ontario