Canadian equivalent to foreclosure properties

[Curtis Sharpe]

Hey does anyone in Canada know how to find cheap properties like you would foreclosures in the states, I know we don't really have the option to buy foreclosures in Canada but I have heard of banks listing properties or auctions where you can purchase properties below market value. Do any Canadian investors have any experience with finding properties that are not on the MLS?

[Huong Luu]

Are you only interested in foreclosures in QC? For Ontario, you can go to the Ontario Gazette and they list all the POS/auctions/foreclosures every 2 wks. In Alberta, you can buy the list or search on line. Key words are: TAX SALE AUCTIONS.
In MTRL: check this site out for more info: 
http://ville.montreal.qc.ca/portal/page?_pageid=44,9487678&_dad=portal&_schema=PORTAL

This strategy is very time consuming and not proportionate to effort.