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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1,212 homes

  • $375,000Price changed

    20439 McMillan Line

    Rural West Elgin, West Elgin, Land

    0 beds0 baths

    MLS® X13829444
  • Open Sun, Oct 18, 12:00 pm
    $416,890

    1680 Evans Boulevard, Unit 111

    London, Condo townhouse

    3 beds3 baths1,600-1,799 ft²

    MLS® X13829380
  • Open Sun, Oct 18, 12:00 pm
    $377,184

    1680 Evans Boulevard, Unit 115

    London, Condo townhouse

    3 beds3 baths1,400-1,599 ft²

    MLS® X13829364
  • Open Sun, Oct 18, 12:00 pm
    $400,126

    1680 Evans Boulevard, Unit 113

    London, Condo townhouse

    3 beds3 baths1,600-1,799 ft²

    MLS® X13829356
  • Open Sun, Oct 18, 12:00 pm
    $394,836

    1680 Evans Boulevard, Unit 109

    London, Condo townhouse

    3 beds3 baths1,600-1,799 ft²

    MLS® X13829322
  • $499,900Price changed

    82 Centre Street

    Seaforth, Detached

    2+2 beds2 baths700-1,100 ft²

    MLS® X13829088
  • $275,000

    108 Shakespeare Street

    Stratford, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13829054
  • $500,000

    601 Lions Park Drive, Unit 77

    Mount Brydges, Condo townhouse

    3 beds4 baths1,400-1,599 ft²

    MLS® X13829012
  • $499,900

    70 Talavera Crescent

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13828938
  • $479,999

    1062 Apache Road

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13828222
  • $359,900

    669 Osgoode Drive, Unit 29

    London, Condo townhouse

    3 beds2 baths1,400-1,599 ft²

    MLS® X13827266
  • $449,000

    8 West Street

    Milverton, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13826564
  • $339,000Price changed

    70 Fiddlers Green Road, Unit 74

    London, Condo townhouse

    2 beds1 bath900-999 ft²

    MLS® X13825614
  • Open Sun, Oct 18, 12:00 pm
    $469,900Price changed

    1870 Evans Boulevard, Unit 44

    London, Condo townhouse

    3 beds4 baths1,600-1,799 ft²

    MLS® X13825502
  • $449,900Price changed

    43 Stevenson Avenue

    London, Detached

    4 beds2 baths1,100-1,500 ft²

    MLS® X13824794
  • $299,900

    60 Manitoba Street

    St. Thomas, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13824662
  • $409,900

    16 Redan Street

    London, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X13824316
  • Open Sun, Oct 18, 2:00 pm
    $399,900

    1030 York Street

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13824046
  • $499,900

    407 Vermont Avenue

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13823898
  • $489,999Price changed

    439 Beatrice Street

    London, Detached

    2+1 beds2 baths1,100-1,500 ft²

    MLS® X13823222
  • $379,990

    328 Oakland Avenue

    London, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X13822822
  • $424,900

    77 First Avenue

    St. Thomas, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X13822622

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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