Storey Team
Where Your Storey Begins
Market Intelligence
Power of Sale Report
Toronto, Ontario  ·  As of March 22, 2026
Financial Distress Signal
Power of Sale
in Toronto
A comprehensive snapshot of financially distressed properties currently on the market and sold in 2026, tracking both lender-initiated listings and bank-held sales across freehold and condo segments. All data reflects the Toronto market as of March 22, 2026.
138
Active Listings
51 Freehold · 87 Condo
46
Sold in 2026
22 Freehold · 24 Condo
View
8,594
Total Active Listings
Toronto market, 2026
Power of Sale share of market 1.6%
138 of 8,594 active listings are power of sale
1.6%
of All Active Listings
Are power of sale properties
138 power of sale properties are currently listed across Toronto as of March 22, 2026 — combining listings with "power of sale" in broker remarks and properties where a financial institution is named as the seller. This includes both freehold homes and condominium units across the city.
Overview by Segment
Total Active Listings
138
51 Freehold
87 Condo
Blended Median List Price
$729K
Freeholds: $820,000 median
Condos: $637,500 median
Avg Days on Market
57
Freeholds avg: 63 days
Condos avg: 52 days
Freehold — 71 Active Listings
Median List Price$820,000
Original Price (Mean)$1,053,965
Price Range$249K – $4.5M
Avg Bedrooms3
Avg Washrooms3
Median Days on Market38 days
Longest Active Listing608 days
Avg Annual Property Tax$5,232
Condo — 67 Active Listings
Median List Price$637,500
Original Price (Mean)$941,649
Price Range$355K – $5.0M
Avg Bedrooms2
Avg Washrooms2
Median Days on Market37 days
Longest Active Listing286 days
Avg Annual Property Tax$4,645
Active by Property Type
138 ACTIVE
Freehold 37%
Condo 63%
Price Range Distribution
Under $500KCondos only
$500K – $1MMixed segment
$1M – $2MMostly freehold
$2M+Luxury distress
Majority of active power of sale inventory sits in the $500K to $1M range, spanning both condos and entry-level freehold homes.
46 power of sale properties sold in Toronto between January 1 and March 22, 2026. Sellers are consistently accepting below asking price, with both freeholds and condos trading at an average of roughly 95–96% of list price — well below the 98–102% typical of a balanced market.
Overview by Segment
Total Sold 2026
46
22 Freehold
24 Condo
Average Sale to List Ratio
95.5%
Properties selling ~4–5% below asking price on average
Avg Days on Market
49
Freeholds avg: 51 days
Condos avg: 47 days
Freehold Sold — 23 Sales
Mean Sold Price$886,974
Median Sold Price$675,000
Sold Price Range$300K – $2.95M
Avg Sale / List95%
Avg Bedrooms2
Avg Washrooms2
Median Days on Market47 days
Avg Annual Property Tax$5,435
Condo Sold — 23 Sales
Mean Sold Price$847,130
Median Sold Price$754,000
Sold Price Range$367K – $2.55M
Avg Sale / List96%
Avg Bedrooms3
Avg Washrooms2
Median Days on Market37 days
Avg Annual Property Tax$4,418
~$51K
On average, power of sale properties are selling $51,000 below their asking price in 2026. Freeholds are seeing larger discounts — roughly $66,000 below list — while condos are trading at around $35,000 under asking. These are motivated sellers, and buyers who do their homework are negotiating real discounts.
Sold by Property Type
46 SOLD
Freehold 48%
Condo 52%
Sale-to-List Ratio by Segment
Freehold avg95%
Condo avg96%
Healthy market benchmark98–102%
A balanced Toronto market typically sees a sale-to-list ratio of 98–102%. Power of sale transactions consistently fall below this benchmark, reflecting motivated lender-sellers and buyer leverage at the negotiating table.