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

  • $385,000Price changed

    41 Goderich Street W

    Seaforth, Detached

    3 beds1 bath1,500-2,000 ft²

    MLS® X13740664
  • $349,900

    577 Third Street, Unit 39

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13740630
  • $449,000

    12 Windward Way N

    Colborne, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13739264
  • $239,000

    41 Lucknow Line

    Ashfield, Other

    0 beds0 baths1,500-2,000 ft²

    MLS® X13739194
  • $249,000

    95 Shannon Boulevard

    Stephen, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X13738104
  • $320,000Price changed

    55 Arbour Glen Crescent, Unit 19

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13737602
  • $359,900Price changed

    867 Queens Avenue

    London, Detached

    1+1 beds3 baths1,500-2,000 ft²

    MLS® X13736958
  • $399,000

    173 Adelaide Street N

    London, Multiplex

    6 beds2 baths1,500-2,000 ft²

    MLS® X13736822
  • $449,900Price changed

    3400 Castle Rock Place, Unit 104

    London, Condo townhouse

    3 beds3 baths1,400-1,599 ft²

    MLS® X13736692
  • $479,900Price changed

    20 Barrington Avenue

    London, Detached

    3+2 beds2 baths700-1,100 ft²

    MLS® X13736172
  • $499,000

    5 Cove Road

    London, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X13736028
  • $390,000

    450 Pond Mills Road, Unit 25

    London, Condo townhouse

    3 beds2 baths1,000-1,199 ft²

    MLS® X13735426
  • $399,900Price changed

    20 Windemere Place, Unit 10

    St. Thomas, Detached

    2 beds2 baths1,000-1,199 ft²

    MLS® X13735108
  • $324,999

    565 South Street S

    London, Detached

    4 beds2 baths700-1,100 ft²

    MLS® X13734730
  • $449,999

    15 Gregory Place

    St. Thomas, Semi-detached

    3 beds2 baths700-1,100 ft²

    MLS® X13733898
  • $323,000Price changed

    30 Chapman Court, Unit 406

    London, Condo

    2 beds2 baths1,000-1,199 ft²

    MLS® X13733738
  • $419,900

    494 Highbury Avenue N

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13733638
  • $499,900

    1190 Huron Street

    London, Detached

    2+2 beds2 baths700-1,100 ft²

    MLS® X13733480
  • $158,900

    Lot At 181 Oxford Street

    Goderich (Town), Goderich, Land

    0 beds0 baths

    MLS® X13732280
  • Price reduced
    $259,000was $269,000

    77 Base Line Road W, Unit 608

    London, Condo

    2 beds2 baths1,000-1,199 ft²

    MLS® X13731502

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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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