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

  • $399,900

    148 Main Street

    West Lorne, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13731424
  • $499,900

    327 Everglade Crescent

    London, Condo townhouse

    4+1 beds4 baths1,400-1,599 ft²

    MLS® X13731422
  • $499,900

    33 Ilderbrook Circle

    Ilderton, Semi-detached

    2+1 beds3 baths1,100-1,500 ft²

    MLS® X13731172
  • $395,900

    39968 Kippen Road

    Stanley, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13729188
  • $499,900

    61 Airey Avenue

    St. Thomas, Detached

    3+1 beds2 baths700-1,100 ft²

    MLS® X13729022
  • $239,900

    19 West Street

    Rural North Middlesex, North Middlesex, Land

    0 beds0 bathsUnder 700 ft²

    MLS® X13728548
  • $219,900

    266 Hamilton Road

    London, Multiplex

    4+1 beds2 baths1,500-2,000 ft²

    MLS® X13728396
  • $399,900Price changed

    1566 Nairn Avenue

    London, Semi-detached

    2+2 beds2 baths700-1,100 ft²

    MLS® X13728172
  • $429,900

    727 Whetter Avenue

    London, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13727724
  • $429,900

    60 Eastman Avenue

    London, Detached

    4 beds2 baths700-1,100 ft²

    MLS® X13727720
  • $449,900

    1704 Culver Drive

    London, Semi-detached

    3 beds2 baths700-1,100 ft²

    MLS® X13727042
  • $499,900Price changed

    65 Villeneuve Crescent

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13727040
  • $499,900Price changed

    350 Warren Street

    Port Stanley, Detached

    2+1 beds2 baths700-1,100 ft²

    MLS® X13725058
  • $459,999

    244 Edinburgh Street

    London, Detached

    2+3 beds2 baths700-1,100 ft²

    MLS® X13723076
  • $399,900

    186 Victoria Street

    Glencoe, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13722902
  • $463,628

    147 Scotts Drive, Unit 11

    Lucan, Townhouse

    3 beds3 baths1,500-2,000 ft²

    MLS® X13722814
  • $475,000Price changed

    152 St Andrew Street

    Mitchell, Detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X13722712
  • $499,000Price changed

    166 Goderich Street W

    Seaforth, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13722320
  • $399,000

    216B Main Street

    Elma, Townhouse

    2 beds2 baths2,500-3,000 ft²

    MLS® X13722296
  • Open Sun, Oct 18, 1:00 pm
    $349,900Price changed

    35 Mackay Avenue

    London, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X13721452

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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