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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1,211 homes

  • $349,900

    1053 Frances Street

    London, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X13851022
  • $439,900

    2 Highview Street

    Colborne, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13850702
  • $350,000

    56 Mondamin Street

    St. Thomas, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13850666
  • Open Sun, Oct 18, 2:00 pm
    $489,900

    279 Hill Street, Unit 14

    Port Stanley, Vacant Land Condo

    3 beds3 baths1,200-1,399 ft²

    MLS® X13850266
  • Open Sat, Oct 17, 1:00 pm
    $499,900

    43 Frontenac Road, Unit B

    London, Semi-detached

    3+1 beds2 baths700-1,100 ft²

    MLS® X13850206
  • $319,900Price changed

    141 Condor Court, Unit 39

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X13849982
  • $379,999

    101 Brookside Street, Unit 21

    London, Condo townhouse

    3 beds2 baths1,000-1,199 ft²

    MLS® X13849970
  • $359,900

    512 Downie Street

    Stratford, Detached

    4 beds1 bath1,100-1,500 ft²

    MLS® X13849702
  • $149,900

    191 Appin Road

    Glencoe, Land

    0 beds0 baths

    MLS® X13849192
  • $389,900

    367 Hamilton Road

    London, Detached

    4 beds2 baths700-1,100 ft²

    MLS® X13848952
  • $389,900

    50 Chapman Court, Unit 8

    London, Condo townhouse

    3 beds2 baths1,000-1,199 ft²

    MLS® X13848946
  • $499,900

    3202 Vivian Line, Unit 45

    Stratford, Condo

    2 beds2 baths1,400-1,599 ft²

    MLS® X13847712
  • $479,999

    1625 Purser Street, Unit 40

    London, Condo townhouse

    3 beds3 baths1,400-1,599 ft²

    MLS® X13847384
  • $489,900Price changed

    223 Michaelmas Street

    London, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X13847244
  • $425,000

    4526 Wonderland Road S

    London, Detached

    2 beds1 bath1,100-1,500 ft²

    MLS® X13847032
  • $359,900

    211 Highbury Avenue N

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13846846
  • $339,900Price changed

    78 Stuart Street

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13845946

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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