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

As of November 2026, haho.ca lists 9 power of sale properties for sale in Markham, Ontario, with a median asking price of $984,900. This page updates as listings come on and off the market.

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

The median asking price for power of sale properties in Markham, Ontario is currently $984,900, based on 9 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 Markham, 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 Markham, Ontario.

Power of Sale Properties in Markham, Ontario

9 active MLS® listings in Markham

22 Grandview Avenue, Markham (Grandview), Ontario, L3T1G8

For sale

8 days ago

$2.00M

22 Grandview Avenue, Markham (Grandview), Ontario, L3T1G8

3 bd1 ba900 ft²

Listed by RE/MAX HALLMARK REALTY LTD.

#503 3601 Highway 7 East, Markham (Unionville), Ontario, L3R0M3

For sale

9 days ago

$750K

#503 3601 Highway 7 East, Markham (Unionville), Ontario, L3R0M3

1,765 ft²

Listed by REAL BROKER ONTARIO LTD.

99 Boxwood Crescent, Markham (Rouge Fairways), Ontario, L3S3W6

For sale

12 days ago

$1000K

99 Boxwood Crescent, Markham (Rouge Fairways), Ontario, L3S3W6

5 bd4 ba2,750 ft²

Listed by RE/MAX ABOUTOWNE REALTY CORP.

#Ph15 28 Uptown Drive, Markham (Unionville), Ontario, L3R5M8

For sale

14 days ago

$710K

#Ph15 28 Uptown Drive, Markham (Unionville), Ontario, L3R5M8

2 bd2 ba850 ft²

Listed by PROPERTY.CA INC.

#A206 15 Cornell Meadows Avenue, Markham (Cornell), Ontario, L6B1B6

For sale

18 days ago

$449K

#A206 15 Cornell Meadows Avenue, Markham (Cornell), Ontario, L6B1B6

3 bd3 ba1,100 ft²

Listed by PROPERTY.CA INC.

88 Harvey Bunker Crescent, Markham (Angus Glen), Ontario, L6C2A5

For sale

49 days ago

$1.88M

88 Harvey Bunker Crescent, Markham (Angus Glen), Ontario, L6C2A5

6 bd5 ba2,750 ft²

Listed by BAY STREET GROUP INC.

48 Elmrill Road, Markham (Berczy), Ontario, L6C2P1

For sale

111 days ago

$1.46M

48 Elmrill Road, Markham (Berczy), Ontario, L6C2P1

5 bd4 ba

Listed by PROPERTY MAX REALTY INC.

84 Andriana Crescent, Markham (Box Grove), Ontario, L6B0C8

For sale

211 days ago

$985K

84 Andriana Crescent, Markham (Box Grove), Ontario, L6B0C8

3 bd4 ba1,300 ft²

Listed by RE/MAX ESCARPMENT REALTY INC.

84 ANDRIANA Crescent, Markham, Ontario, L6B0C8

For sale

211 days ago

$985K

84 ANDRIANA Crescent, Markham, Ontario, L6B0C8

3 bd4 ba2,118 ft²

Listed by RE/MAX Escarpment 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.

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Power of Sale Properties in other cities

Toronto55 Brampton24 Mississauga19 Ottawa14 Hamilton13 Vaughan11 Oshawa10

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Frequently asked questions

How many power of sale properties are for sale in Markham, Ontario?: As of November 2026, haho.ca lists 9 power of sale properties for sale in Markham, Ontario, with a median asking price of $984,900. This page updates as listings come on and off the market.
How much does a power of sale property cost in Markham, Ontario?: The median asking price for power of sale properties in Markham, Ontario is currently $984,900, based on 9 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 Markham, 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 Markham, Ontario.

Power of Sale Properties in Markham, Ontario

How power of sale works in Ontario

Power of Sale Properties in other cities

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Frequently asked questions