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

  • Price reduced
    $314,999was $325,000

    30 Chapman Court, Unit 203

    London, Condo

    2 beds2 baths1,000-1,199 ft²

    MLS® X13772590
  • $265,000

    35 Pebble Beach Parkway

    Stephen, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13771754
  • $479,000

    138 St. David Street

    Mitchell, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X13770768
  • $460,000Price changed

    158 James Street N

    St. Marys, Detached

    4 beds1 bath1,100-1,500 ft²

    MLS® X13770532
  • $449,900Price changed

    861 Shelborne Street, Unit 21

    London, Condo townhouse

    2 beds3 baths1,000-1,199 ft²

    MLS® X13768572
  • $449,900Price changed

    550 Elizabeth Street

    London, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13768552
  • $436,000

    100 The Promenade, Unit 102

    Port Stanley, Condo

    2 beds2 baths1,000-1,199 ft²

    MLS® X13767574
  • Open Sun, Oct 18, 1:00 pm
    $479,999Price changed

    1059 Whetherfield Street N, Unit 45

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13767356
  • $474,900Price changed

    683 Windermere Road, Unit 16

    London, Condo townhouse

    4 beds3 baths1,600-1,799 ft²

    MLS® X13767160
  • $488,900

    570 Pall Mall Street

    London, Detached

    4 beds3 baths1,500-2,000 ft²

    MLS® X13766784
  • $342,900Price changed

    151 Bonaventure Drive, Unit 1

    London, Condo townhouse

    3 beds3 baths1,000-1,199 ft²

    MLS® X13766508
  • $339,000Price changed

    484 Third Street, Unit 6

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X13766394
  • $485,000

    84688 Bluewater Highway

    Ashfield, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X13766322
  • $239,900Price changed

    46 St Charles Place, Unit 46

    Vanastra, Condo townhouse

    3 beds1 bath1,000-1,199 ft²

    MLS® X13764996
  • $459,900Price changed

    31 Yew Tree Gardens

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13764760
  • $414,000

    2008 Royal Crescent

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13762906
  • $445,000Price changed

    459 Dorinda Street

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13761968
  • $499,000Price changed

    409 Gypsy Lane

    Blyth, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X13761418
  • Open Sun, Oct 18, 1:00 pm
    $249,900Price changed

    735 Deveron Crescent, Unit 116

    London, Condo

    2 beds1 bath900-999 ft²

    MLS® X13761172

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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