Multiple Listing Service (MLS)

Learn how the Multiple Listing Service (MLS) works in Canadian real estate, and why it’s the most important tool for buying and selling homes.

Multiple Listing Service (MLS)

May 22, 2025


What is the Multiple Listing Service (MLS)?

The Multiple Listing Service (MLS) is a cooperative database where Canadian real estate agents list properties for sale, enabling wide visibility and information sharing.

Why the Multiple Listing Service (MLS) Matters in Real Estate

MLS is the primary tool used by REALTORS® across Canada to market homes, share listings, and find properties for buyers. It aggregates comprehensive property data including:
  • Listing price
  • Home features
  • Photos and virtual tours
  • Neighbourhood data
Only licensed real estate professionals who are members of a board affiliated with the Canadian Real Estate Association (CREA) can post listings on MLS. The system fosters transparency, comparability, and competition in the marketplace.

MLS offers benefits for both buyers and sellers:
  • Sellers gain broad exposure to qualified buyers
  • Buyers can access detailed, up-to-date listings
MLS listings also power popular public-facing platforms like REALTOR.ca, where consumers can search properties nationwide.
Understanding MLS is key to navigating the Canadian real estate market effectively, whether buying or selling a home.

Example of the Multiple Listing Service (MLS) in Action

A real estate agent lists a detached home in Ottawa on MLS. The listing appears on REALTOR.ca and attracts dozens of viewings within days.

Key Takeaways

  • Central database for property listings.
  • Accessible to licensed real estate professionals.
  • Powers REALTOR.ca and public search platforms.
  • Enhances visibility, comparability, and trust.
  • Vital tool for real estate marketing and discovery.

Related Terms

  • REALTOR
  • Real Estate Agent
  • Listing Agreement
  • Exclusive Listing
  • REALTOR.ca

Additional Terms

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Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

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Green Infrastructure

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Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

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