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

  • $449,900

    900 Adelaide Street N

    London, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X13711232
  • Open Sun, Oct 18, 2:00 pm
    $479,900Price changed

    1061 Eagletrace Drive, Unit 73

    London, Condo townhouse

    3 beds3 baths1,600-1,799 ft²

    MLS® X13710596
  • $469,900

    24 Fairview Court

    London, Detached

    4+3 beds2 baths1,100-1,500 ft²

    MLS® X13710308
  • $239,000

    17 Sutton Drive

    Colborne, Modular home

    2 beds1 bath700-1,100 ft²

    MLS® X13708650
  • $429,900

    83 Confederation Drive

    St. Thomas, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13708126
  • $229,700Price changed

    750 Kipps Lane, Unit 814

    London, Condo

    2 beds1 bath700-799 ft²

    MLS® X13707680
  • Price reduced
    $400,000was $418,000

    168 Graham Road

    West Lorne, Detached

    3 beds3 baths1,500-2,000 ft²

    MLS® X13707020
  • Price reduced
    $164,900was $179,900

    198 Springbank Drive, Unit 92

    London, Mobile home

    2 beds1 bathUnder 700 ft²

    MLS® X13706574
  • $199,900Price changed

    600 Grenfell Drive, Unit 212

    London, Condo

    1 bed1 bath700-799 ft²

    MLS® X13706338
  • $349,900Price changed

    1443 Huron Street, Unit 41

    London, Condo townhouse

    3 beds3 baths1,000-1,199 ft²

    MLS® X13706078
  • $459,000

    434 Egerton Street

    London, Detached

    2+2 beds2 baths700-1,100 ft²

    MLS® X13706066
  • $499,000

    276 Edward Street

    Wingham, Multiplex

    4 beds2 baths2,000-2,500 ft²

    MLS® X13705964
  • $399,900

    190 Fleming Drive, Unit 3

    London, Condo townhouse

    3+2 beds3 baths1,200-1,399 ft²

    MLS® X13705844
  • $499,900Price changed

    1241 Beaverbrook Avenue, Unit 72

    London, Condo townhouse

    2+2 beds3 baths1,200-1,399 ft²

    MLS® X13705808
  • $499,999Price changed

    4 Seaforth Court

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13705192
  • $449,000

    505 Proudfoot Lane, Unit 25

    London, Condo townhouse

    4+1 beds4 baths1,200-1,399 ft²

    MLS® X13703838
  • $500,000Price changed

    26 Mody Court

    London, Detached

    3+1 beds2 baths1,100-1,500 ft²

    MLS® X13703524
  • $425,000Price changed

    244 Currie Road

    Dutton, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13702532
  • $469,000

    96 Lake Breeze Drive

    Colborne, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13702484
  • $489,999Price changed

    79 Sunrise Crescent

    London, Semi-detached

    3+1 beds2 baths700-1,100 ft²

    MLS® X13702456
  • Price reduced
    $484,900was $499,900

    54 Frontenac Road, Unit A

    London, Semi-detached

    2+2 beds2 baths700-1,100 ft²

    MLS® X13701636
  • $368,000

    5 Arbour Glen Crescent

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13701280
  • $469,900Price changed

    5 Sweetwater Drive N

    Colborne, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13700844

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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