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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1,213 homes

  • $349,000

    230 Clarke Road, Unit 92

    London, Condo townhouse

    3 beds2 baths1,000-1,199 ft²

    MLS® X13818470
  • $379,900

    550 Second Street, Unit 2

    London, Condo townhouse

    3+1 beds2 baths1,200-1,399 ft²

    MLS® X13818264
  • $489,900

    118 Delaware Street

    London, Detached

    2+1 beds2 baths1,100-1,500 ft²

    MLS® X13818144
  • $330,000

    1604 Vandusen Court

    London, Land

    0 beds0 baths

    MLS® X13817814
  • $420,000

    1604 Vandusen Court

    London, Land

    0 beds0 baths

    MLS® X13817810
  • $310,000Price changed

    152 Elm Street

    West Lorne, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13817690
  • $459,900

    3900 Savoy Street, Unit 45

    London, Condo townhouse

    2 beds3 baths1,400-1,599 ft²

    MLS® X13817530
  • $499,900

    146 Jarvis Street S

    Seaforth, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13817506
  • $485,000

    9 Sycamore Street

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13817262
  • $485,900

    1918 Duluth Crescent

    London, Detached

    3+2 beds2 baths700-1,100 ft²

    MLS® X13817002
  • $299,900

    31 Queen Street

    Strathroy, Detached

    4 beds1 bath1,100-1,500 ft²

    MLS® X13816864
  • $499,900

    17 Butler Drive

    St. Thomas, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13816492
  • $499,900

    201 Langley Street

    London, Detached

    1+2 beds2 baths700-1,100 ft²

    MLS® X13816466
  • $199,900

    200 Eagle Street

    Parkhill, Land

    0 beds0 baths

    MLS® X13815746
  • $479,900

    2635 Bateman Trail, Unit 17

    London, Condo townhouse

    3+1 beds3 baths1,000-1,199 ft²

    MLS® X13814628
  • $399,900

    21 Wolseley Avenue

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13814610
  • $393,500

    93 Homan Street

    London, Detached

    2 beds2 bathsUnder 700 ft²

    MLS® X13813944
  • $399,900Price changed

    24 Kellestine Drive

    Strathroy, Modular home

    3 beds2 baths1,100-1,500 ft²

    MLS® X13813288
  • $499,900

    59 Maitland Terrace

    Strathroy, Multiplex

    5 beds3 baths1,500-2,000 ft²

    MLS® X13813168
  • $479,000

    170 Jarvis Street S

    Seaforth, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X13812830
  • Open Sun, Oct 18, 2:00 pm
    $299,900

    4838 Switzer Drive, Unit A4

    Rural Southwest Middlesex, Southwest Middlesex, Mobile home

    3 beds2 baths700-1,100 ft²

    MLS® X13812760

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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