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

  • $499,900Price changed

    1 Tanner Drive

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13753066
  • $419,900

    19 Conrad Drive

    Zurich, Condo townhouse

    2 beds1 bath1,000-1,199 ft²

    MLS® X13752580
  • $325,000Price changed

    68 Apeldoorn Crescent

    London, Semi-detached

    3 beds1 bath700-1,100 ft²

    MLS® X13752494
  • $419,500Price changed

    267 Fleming Drive

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13752372
  • $499,990

    7 Myrtle Street

    St. Thomas, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X13751898
  • $374,900Price changed

    422 Metcalfe Street W

    Strathroy, Detached

    1+2 beds1 bath700-1,100 ft²

    MLS® X13751850
  • $354,990

    48 Arbour Glen Crescent

    London, Condo townhouse

    3+1 beds2 baths1,200-1,399 ft²

    MLS® X13750970
  • $499,900

    151 Main Street

    Parkhill, Detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X13750926
  • $488,200

    23 Kiln Lane

    St. Thomas, Townhouse

    3+1 beds3 baths1,100-1,500 ft²

    MLS® X13749752
  • Price reduced
    $309,900was $319,900

    45 Pond Mills Road, Unit 1014

    London, Condo

    2 beds1 bath900-999 ft²

    MLS® X13749320
  • $319,000

    47 Arbour Glen Crescent

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X13749014
  • $424,900

    18 Sauble River Road, Unit 3

    Grand Bend, Condo townhouse

    2 beds3 baths1,000-1,199 ft²

    MLS® X13748960
  • $279,900Price changed

    7 Arbour Glen Crescent

    London, Condo townhouse

    2 beds1 bath1,000-1,199 ft²

    MLS® X13747992
  • $464,900

    104 Delaware Street

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13747768
  • $320,000

    19 Coleman Street

    Seaforth, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13747736
  • $465,000Price changed

    368 Wellington Avenue S

    Listowel, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13747224
  • $465,000

    220 Cairn Street

    London, Semi-detached

    3 beds2 baths700-1,100 ft²

    MLS® X13746612
  • $435,000

    40 Culver Court

    London, Semi-detached

    3+1 beds2 baths700-1,100 ft²

    MLS® X13744276
  • $499,900

    110 Muriel Crescent

    London, Detached

    3+2 beds2 baths700-1,100 ft²

    MLS® X13744212
  • $488,200

    25 Kiln Lane E

    St. Thomas, Townhouse

    3+1 beds3 baths1,100-1,500 ft²

    MLS® X13743940
  • $349,900Price changed

    20 Wharncliffe Road S

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13742782
  • $375,000Price changed

    90 Mary Street

    Wingham, Detached

    2 beds1 bathUnder 700 ft²

    MLS® X13742102

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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