Foreclosure & Power of Sale Properties in Ontario
Foreclosure & Power of Sale in Ontario
The deals you can't find searching the MLS yourself
These are homes being sold because the owner has fallen behind on the mortgage — and in Ontario they almost always sell by power of sale, not foreclosure. They're on the MLS like any other listing, but nothing flags them, so you can't find them by searching. Christine Domina digs them up and refreshes this list daily.
What's the difference between foreclosure and power of sale?
In a power of sale, the lender sells the home to recover what's owed and returns any surplus to the owner. In a foreclosure, the lender takes ownership outright. Ontario runs mostly on power of sale.
Are these homes actually cheaper?
Sometimes — not always. Some are priced to move quickly; some need work. We share the background on each so you can see which is a real opportunity and which only looks like one.
Where do you find them?
Peterborough, Northumberland (Cobourg, Port Hope), Durham Region (Port Perry, Scugog, Uxbridge), Kawartha Lakes and Georgina — updated daily, so it's current, not last month's leftovers.
Why work with us instead of going it alone?
These listings don't announce themselves. We search them out and can give you the background on each home, so you know exactly what you're walking into.
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