Georgopoulos Real Estate

Homes for sale under $500,000 in London and area

Every home listed at $500,000 or less across London and the towns around it, mostly condo apartments, townhouses and smaller houses. At $500,000 the minimum down payment is $25,000, and a first-time buyer's Ontario land transfer tax on a $500,000 home is $2,475 after the refund. London has no municipal land transfer tax.

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1,225 homes

  • Open Sat, Oct 17, 2:00 pm
    $439,000

    1415 Commissioners Road W, Unit 32

    London, Condo townhouse

    2 beds2 baths1,200-1,399 ft²

    MLS® X14088936
  • New
    $485,000

    270 North Centre Road, Unit 24

    London, Condo townhouse

    3 beds2 baths1,400-1,599 ft²

    MLS® X14088732
  • New
    $474,900

    37 Juno Drive

    St. Thomas, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X14088404
  • New
    $349,900

    711 Little Grey Street

    London, Detached

    2+1 beds3 baths1,100-1,500 ft²

    MLS® X14088302
  • New
    $399,900

    129B Mitchell Court

    Mitchell, Semi-detached

    2 beds2 baths700-1,100 ft²

    MLS® X14088290
  • New
    $409,000

    3 Marmora Street

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X14088040
  • New
    $299,900

    428 Wilkins Street

    London, Condo townhouse

    2 beds3 baths1,200-1,399 ft²

    MLS® X14087440
  • Open Sat, Oct 17, 1:00 pm
    $395,000

    210 Albert Street

    Strathroy, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X14087326
  • New
    $349,900

    132 Monmore Road

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X14087122
  • New
    $499,900

    740 Dunboyne Crescent

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X14086966
  • New
    $469,900

    1796 Attawandaron Road

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X14086918
  • New
    $399,900

    22 Graydon Street

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X14086870
  • New
    $424,888

    135 Belmont Drive, Unit 16

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X14086866
  • New
    $489,000

    1595 Capri Crescent, Unit 56

    London, Condo townhouse

    3 beds4 baths1,800-1,999 ft²

    MLS® X14086810
  • Open Sun, Oct 18, 11:00 am
    $459,900

    1279 Sorrel Road

    London, Semi-detached

    3 beds3 baths1,100-1,500 ft²

    MLS® X14086274
  • Open Sat, Oct 17, 11:00 am
    $459,900

    3202 Vivian Line, Unit Unit 2

    Stratford, Condo

    2 beds1 bath900-999 ft²

    MLS® X14086228
  • New
    $429,900

    341 First Street

    Port Stanley, Detached

    2 beds1 bathUnder 700 ft²

    MLS® X14086202
  • New
    $419,900

    164 Bayfield Road

    Goderich (Town), Goderich, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X14085674

First home? Start with what first-time buyers can claim and run the affordability calculator, then see what your budget buys neighbourhood by neighbourhood.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate. Only active listings are shown.

Questions about under $500k

Why do some listings here show a very low price?

Occasionally a listing is a parking space, a lot, a mobile home on leased land or has a placeholder price. Open the listing for the details, or ask us.

What is the minimum down payment at $500,000?

5% of the first $500,000, so $25,000, with mortgage default insurance when you put down less than 20%. The CMHC insurance calculator shows the premium.

Are homes outside London included?

Yes. It covers the towns around the city too, from St. Thomas to Stratford. Use the filters to narrow it to one town, a London neighbourhood or a home type.

How much land transfer tax is there on a $400,000 home?

$4,475 in Ontario land transfer tax. A qualifying first-time buyer gets $4,000 back and pays $475, and London has no municipal land transfer tax. Try other prices in the land transfer tax calculator.

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