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

  • $469,900Price changed

    131 Bond Street

    London, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X13761076
  • $295,000

    23 Hyatt Avenue

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13760648
  • $469,000

    155 North Street

    Glencoe, Detached

    4 beds1 bath1,100-1,500 ft²

    MLS® X13760334
  • $399,000

    Lot 2 Putnam Road

    Putnam, Land

    0 beds0 bathsUnder 700 ft²

    MLS® X13759632
  • $479,900

    7 Brookside Place

    Exeter, Townhouse

    3 beds3 baths700-1,100 ft²

    MLS® X13759194
  • $445,000

    208 Admiral Drive

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13759096
  • $474,900

    410 Ambleside Drive, Unit 21

    London, Condo townhouse

    3 beds3 baths1,600-1,799 ft²

    MLS® X13758766
  • $409,900Price changed

    230 Cairn Street

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13758634
  • $389,995

    108 Meadowview Lane

    Elma, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13758520
  • $499,900

    62 Thorncrest Crescent

    London, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X13757120
  • $359,900

    8 Oak Street, Unit 5

    Grand Bend, Condo

    2 beds1 bath900-999 ft²

    MLS® X13756434
  • $499,000

    3823 Turnberry Lane, Unit 14

    Plympton Wyoming, Condo townhouse

    2+1 beds4 baths1,400-1,599 ft²

    MLS® X13756404
  • $454,900Price changed

    41 Gunn Street

    London, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13756304
  • $444,900Price changed

    109 Langton Road

    London, Detached

    3+1 beds1 bath700-1,100 ft²

    MLS® X13755860
  • $450,000

    18 Nelson Street E

    Goderich (Town), Goderich, Detached

    2 beds2 baths2,000-2,500 ft²

    MLS® X13755234
  • $424,500

    900 Pond View Road, Unit 72

    London, Condo townhouse

    4 beds2 baths1,200-1,399 ft²

    MLS® X13755194
  • $449,900

    43 Canaan Street

    Strathroy, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13755014
  • $499,900

    608 Highview Drive

    St. Thomas, Detached

    3+1 beds3 baths1,100-1,500 ft²

    MLS® X13754984
  • Price reduced
    $379,999was $399,999

    75 Ansondale Road, Unit 65

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13754620
  • $499,900Price changed

    118 Trafalgar Street

    Mitchell, Detached

    2+1 beds3 baths1,100-1,500 ft²

    MLS® X13753996
  • $495,000

    20 Victoria Street

    St. Thomas, Detached

    4 beds2 baths1,100-1,500 ft²

    MLS® X13753826
  • $499,499

    123 Elliott Street

    London, Detached

    4 beds2 baths1,100-1,500 ft²

    MLS® X13753798

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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