Kitchener Waterloo power of sales are few and far between as autumn approaches. There are currently just 9 properties for sale on MLS under power of sale. This equates to less than 1% of active residential listings. Of the 9, there are 4 condominiums, 1 semi-detached and 4 detached homes.
The luxury home pictured above is a power of sale with Genworth. A check of the registry sales shows it cost over $940,000 to build in 2012. The tax assessment is $981,000. It's a relative bargain with a current asking price of $809,900 and has sat on the market for over 5 months.
If you're hunting for bargain homes or distress sales in the Kitchener Waterloo real estate market, I can help. Feel free to call, text or email 519-505-4488 email@example.com.