How many power of sale properties are for sale in Hamilton, Ontario?

As of November 2026, haho.ca lists 13 power of sale properties for sale in Hamilton, Ontario, with a median asking price of $1,049,000. This page updates as listings come on and off the market.

How much does a power of sale property cost in Hamilton, Ontario?

The median asking price for power of sale properties in Hamilton, Ontario is currently $1,049,000, based on 13 active MLS® listings.

Is a power of sale the same as a foreclosure?

No. In an Ontario power of sale the borrower keeps ownership until the sale closes and receives any surplus after the debt and costs are paid. In a foreclosure the lender takes title through a court process. Power of sale is by far the more common of the two in Ontario.

Are power of sale properties cheaper than regular listings?

Not automatically. The seller must take reasonable steps to obtain fair market value, so most power of sale properties list near market price. The potential value usually comes from motivated timelines and as-is condition, which suits buyers who can price in repairs.

What should I watch out for when buying a power of sale property?

Properties are typically sold as-is with no warranties, interior access for inspections can be limited, and the original owner may redeem the mortgage before closing, which cancels the sale. Work with a real estate lawyer and get your financing in place early.

How do I get notified about new power of sale properties in Hamilton, Ontario?

Set a free alert on this page and Haho, our AI assistant, will email you when new power of sale properties are listed in Hamilton, Ontario.

Power of Sale Properties in Hamilton, Ontario

13 active MLS® listings in Hamilton

480 & 496 Beach Boulevard, Hamilton (Hamilton Beach), Ontario, L8H6X3

For sale

8 days ago

$1.05M

480 & 496 Beach Boulevard, Hamilton (Hamilton Beach), Ontario, L8H6X3

Listed by CITYGATE REALTY INC.

For sale

8 days ago

$525K

496 Beach Boulevard, Hamilton (Hamilton Beach), Ontario, L8H6X3

Listed by CITYGATE REALTY INC.

23 Fairgrounds Drive, Hamilton (Binbrook), Ontario, L0R1C0

For sale

28 days ago

$649K

23 Fairgrounds Drive, Hamilton (Binbrook), Ontario, L0R1C0

3 bd3 ba1,750 ft²

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

74 Locke Street North, Hamilton (Strathcona), Ontario, L8R3A5

For salePrice drop

41 days ago

$1.05M$1.10M

↓ $50K (5%) price drop

74 Locke Street North, Hamilton (Strathcona), Ontario, L8R3A5

8 bd8 ba4,250 ft²

Listed by RE/MAX ESCARPMENT REALTY INC.

74 LOCKE Street North, Hamilton, Ontario, L8R3A5

For salePrice drop

46 days ago

$1.05M$1.10M

↓ $50K (5%) price drop

74 LOCKE Street North, Hamilton, Ontario, L8R3A5

3 bd0 ba4,220 ft²

Listed by RE/MAX Escarpment Realty Inc.

#101 121 KING Street East, Hamilton, Ontario, L8N1A9

For salePrice drop

61 days ago

$235K$249K

↓ $14K (6%) price drop

#101 121 KING Street East, Hamilton, Ontario, L8N1A9

1 bd1 ba504 ft²

Listed by SOLID ROCK REALTY

14 ARTHUR Avenue South, Hamilton, Ontario, L8M2H4

For sale

63 days ago

$450K

14 ARTHUR Avenue South, Hamilton, Ontario, L8M2H4

4 bd2 ba1,495 ft²

Listed by Advantage Realty Group (Brantford) Inc.

783 Highway 6 North, Hamilton, Ontario, L8N2Z7

For sale

83 days ago

$3.50M

783 Highway 6 North, Hamilton, Ontario, L8N2Z7

5 bd2 ba4,250 ft²

Listed by ROYAL LEPAGE REAL ESTATE ASSOCIATES

41 Stuart Street, Hamilton (Central), Ontario, L8L1B5

For sale

98 days ago

$3.95M

41 Stuart Street, Hamilton (Central), Ontario, L8L1B5

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

62-66 James Street North, Hamilton (Beasley), Ontario, L8R2K5

For sale

127 days ago

62-66 James Street North, Hamilton (Beasley), Ontario, L8R2K5

8,485 ft²

Listed by CB METROPOLITAN COMMERCIAL LTD.

43 Riesling Court, Hamilton (Gershome), Ontario, L8G0B4

For sale

191 days ago

$1.09M

43 Riesling Court, Hamilton (Gershome), Ontario, L8G0B4

5 bd4 ba2,750 ft²

Listed by RE/MAX ESCARPMENT REALTY INC.

43 RIESLING Court, Hamilton, Ontario, L8G0B4

For sale

191 days ago

$1.09M

43 RIESLING Court, Hamilton, Ontario, L8G0B4

5 bd4 ba2,629 ft²

Listed by RE/MAX Escarpment Realty Inc.

480 Beach Boulevard, Hamilton (Hamilton Beach), Ontario, L8H6X3

For sale

231 days ago

$525K

480 Beach Boulevard, Hamilton (Hamilton Beach), Ontario, L8H6X3

0 ba

Listed by CITYGATE REALTY INC.

New listings match this search every day. Get them by email

How power of sale works in Ontario

A power of sale happens when a borrower defaults on their mortgage and the lender exercises its contractual right to sell the property and recover the debt. It is the most common route for distressed sales in Ontario, and it is not the same thing as a foreclosure: under a power of sale the homeowner keeps title until closing and receives any surplus left after the mortgage debt and selling costs are paid, while a foreclosure transfers ownership to the lender through the courts.

Power of sale listings are marketed through the normal MLS® process, so they appear on this page alongside a listing brokerage like any other property. The seller is obligated to seek fair market value, which means steep automatic discounts are less common than many buyers expect. Most of these properties are sold as-is, without the warranties or repairs a typical seller might offer.

If you are considering a power of sale purchase: budget for a thorough home inspection where one is possible, have a lawyer review the agreement before you waive conditions, and arrange financing early since closing timelines can be firm. This overview is general information, not legal or financial advice.

Browse nearby

Power of Sale Properties in other cities

Toronto55 Brampton24 Mississauga19 Ottawa14 Vaughan11 Oshawa10 Markham9

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Frequently asked questions

How many power of sale properties are for sale in Hamilton, Ontario?: As of November 2026, haho.ca lists 13 power of sale properties for sale in Hamilton, Ontario, with a median asking price of $1,049,000. This page updates as listings come on and off the market.
How much does a power of sale property cost in Hamilton, Ontario?: The median asking price for power of sale properties in Hamilton, Ontario is currently $1,049,000, based on 13 active MLS® listings.
Is a power of sale the same as a foreclosure?: No. In an Ontario power of sale the borrower keeps ownership until the sale closes and receives any surplus after the debt and costs are paid. In a foreclosure the lender takes title through a court process. Power of sale is by far the more common of the two in Ontario.
Are power of sale properties cheaper than regular listings?: Not automatically. The seller must take reasonable steps to obtain fair market value, so most power of sale properties list near market price. The potential value usually comes from motivated timelines and as-is condition, which suits buyers who can price in repairs.
What should I watch out for when buying a power of sale property?: Properties are typically sold as-is with no warranties, interior access for inspections can be limited, and the original owner may redeem the mortgage before closing, which cancels the sale. Work with a real estate lawyer and get your financing in place early.
How do I get notified about new power of sale properties in Hamilton, Ontario?: Set a free alert on this page and Haho, our AI assistant, will email you when new power of sale properties are listed in Hamilton, Ontario.

Power of Sale Properties in Hamilton, Ontario

How power of sale works in Ontario

Power of Sale Properties in other cities

Related searches in Hamilton, Ontario

Frequently asked questions