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

  • Open Sun, Oct 18, 1:00 pm
    $490,000

    549 Victoria Street

    Strathroy, Detached

    4 beds1 bath1,100-1,500 ft²

    MLS® X13782042
  • $419,900Price changed

    131 Prince Street

    Parkhill, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13781982
  • $499,000

    953 Prosperity Court

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13781766
  • $409,000Price changed

    54 Barwick Street

    St. Thomas, Detached

    2 beds1 bath1,100-1,500 ft²

    MLS® X13781274
  • $497,999Price changed

    42 Dunwich Drive

    St. Thomas, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13780518
  • $479,900

    218 Vancouver Street

    London, Detached

    2+1 beds2 baths700-1,100 ft²

    MLS® X13780286
  • $424,900Price changed

    185 Martinet Avenue

    London, Semi-detached

    3 beds3 baths1,100-1,500 ft²

    MLS® X13779882
  • $249,900

    45 Locust Street

    St. Thomas, Detached

    5 beds2 baths1,500-2,000 ft²

    MLS® X13779048
  • $209,900

    84349 Kent Line

    Grey, Land

    0 beds0 baths

    MLS® X13778626
  • $195,000

    84347 Kent Line

    Grey, Land

    0 beds0 baths

    MLS® X13778624
  • $498,999

    208 Linwood Street

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13778410
  • $369,900

    103 James St Street

    Clinton, Detached

    6 beds2 baths1,500-2,000 ft²

    MLS® X13777650
  • $415,000

    25 Erica Crescent, Unit 16

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13777462
  • $499,999

    221 Starlight Avenue

    London, Detached

    3+3 beds2 baths700-1,100 ft²

    MLS® X13776258
  • $475,000Price changed

    44 Sasha Crescent

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13775402
  • $399,999

    36 Orchard Street

    Exeter, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13774688
  • $499,900

    27 Wharncliffe Road S

    London, Multiplex

    2+1 beds2 baths700-1,100 ft²

    MLS® X13774516
  • $489,900

    201 Water Street

    Lucan, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13774468
  • $429,900

    1825 Longwoods Drive

    Wardsville, Detached

    3 beds3 baths1,500-2,000 ft²

    MLS® X13773568
  • $474,900Price changed

    208 Edward Street

    London, Detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X13772962

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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