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.

Email me new matches
Map

1,213 homes

  • $365,000Price changed

    563 South Street S

    London, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X13812608
  • $389,000

    157 Front Street S

    Stratford, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13812486
  • $450,000

    67 Railway Street

    Seaforth, Multiplex

    5 beds3 baths2,000-2,500 ft²

    MLS® X13812256
  • Open Sun, Oct 18, 2:00 pm
    $375,000

    100 Shannon Boulevard

    Stephen, Modular home

    2 beds1 bath700-1,100 ft²

    MLS® X13812138
  • $490,000

    51 Pauline Crescent E

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13811946
  • $279,900

    775 Wilkins Street, Unit 75

    London, Condo townhouse

    3 beds3 baths1,400-1,599 ft²

    MLS® X13811918
  • $499,900

    11-152 Albert Street

    London, Condo townhouse

    2 beds3 baths1,200-1,399 ft²

    MLS® X13811896
  • $499,000

    384 Wharncliffe Road S

    London, Detached

    3+2 beds3 baths700-1,100 ft²

    MLS® X13811718
  • $469,900

    1852 Avalon Street

    London, Detached

    2+1 beds1 bath700-1,100 ft²

    MLS® X13811376
  • Price reduced
    $495,000was $529,000

    289 Hungerford Street

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13811114
  • $294,900

    131 Sunningdale Place

    Stephen, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13811030
  • $499,900

    601 Lions Park Drive, Unit 32

    Mount Brydges, Vacant Land Condo

    3 beds3 baths1,600-1,799 ft²

    MLS® X13810980
  • $419,900

    313 Cambridge Street

    Goderich (Town), Goderich, Semi-detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X13810336
  • $369,900

    114 Bennett Street E

    Goderich (Town), Goderich, Townhouse

    2 beds1 bath700-1,100 ft²

    MLS® X13809928
  • $479,900

    2 Erie Avenue

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13809634
  • $349,900

    253 Taylor Street, Unit 26

    London, Condo townhouse

    3 beds2 baths1,000-1,199 ft²

    MLS® X13808832
  • Open Sun, Oct 18, 2:00 pm
    $485,900Price changed

    15 Confederation Drive

    St. Thomas, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13808778
  • $479,900

    6379 West Parkway Drive

    Lambton Shores, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X13808710
  • $485,000

    4464 Thomas Road

    Rural Southwold, Southwold, Land

    0 beds0 baths1,100-1,500 ft²

    MLS® X13808552
  • $499,900

    227 Beattie Street

    Strathroy, Detached

    2+1 beds2 baths1,500-2,000 ft²

    MLS® X13808546
  • $398,888Price changed

    12329 Graham Road

    Rural West Elgin, West Elgin, Detached

    2 beds1 bath1,100-1,500 ft²

    MLS® X13808420

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.

Keep looking