05/03/2026
Power of sale listings are rising across Ontario right now.
But here’s what most buyers don’t fully understand:
Not every “deal” is actually a deal.
These properties come to market when a lender is recovering a mortgage after default. They’re priced to sell quickly, often below comparable values - which creates attention and opportunity.
But there’s a second side to it.
Most are sold “as-is”, with:
• Limited disclosures
• Possible deferred maintenance
• Rigid lender terms and schedules
• The possibility of the sale being cancelled if the owner catches up before closing
On paper, it looks like a deal.
In reality, the difference comes down to ex*****on.
Some buyers save thousands.
Others take on hidden costs that erase the discount.
This is not a market to guess.
If you’re thinking about buying - or want to understand where the real opportunities are (and what to avoid) - send me a message or comment “INFO”.
