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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1,225 homes

  • Open Sat, Oct 17, 1:00 pm
    $425,000

    374 Front Street, Unit 32

    Port Stanley, Condo townhouse

    2 beds3 baths2,000-2,249 ft²

    MLS® X14080110
  • New
    $499,900

    30 King Street N

    Stephen, Detached

    4 beds2 baths2,000-2,500 ft²

    MLS® X14079918
  • New
    $384,900

    95 Rosewood Drive, Unit 11

    Mitchell, Condo townhouse

    2 beds1 bath1,000-1,199 ft²

    MLS® X14079812
  • Open Sun, Oct 18, 2:00 pm
    $493,900

    224 Renaissance Drive

    St. Thomas, Townhouse

    3 beds3 baths1,500-2,000 ft²

    MLS® X14034682
  • New
    $429,000

    151 Hale Street

    London, Detached

    2+1 beds2 baths700-1,100 ft²

    MLS® X14034222
  • New
    $420,000

    201 Biltmore Drive

    Stephen, Modular home

    2 beds2 baths700-1,100 ft²

    MLS® X14034174
  • Open Sun, Oct 18, 2:00 pm
    $399,900

    541 Nelson Street

    London, Detached

    4 beds2 baths1,100-1,500 ft²

    MLS® X14034166
  • Open Sat, Oct 17, 1:00 pm
    $399,900

    160 Egerton Street

    London, Detached

    4 beds2 baths1,500-2,000 ft²

    MLS® X14033910
  • Open Sat, Oct 17, 2:00 pm
    $469,900

    92 East Gore Street

    Stratford, Detached

    4 beds2 baths1,100-1,500 ft²

    MLS® X14033846
  • New
    $499,999

    12 Mcmaster Crescent, Unit 8

    London, Condo townhouse

    4 beds2 baths1,600-1,799 ft²

    MLS® X14033820
  • New
    $299,900

    71 Dennis Street

    Strathroy, Detached

    4 beds1 bath1,100-1,500 ft²

    MLS® X14033650
  • New
    $399,900

    1461 Trafalgar Street

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X14032948
  • New
    $349,900

    335 Talbot Street E

    Aylmer, Detached

    2+1 beds1 bath700-1,100 ft²

    MLS® X14032658
  • New
    $299,900

    92 Cartier Road

    London, Semi-detached

    3 beds2 baths700-1,100 ft²

    MLS® X14032470
  • New
    $469,900

    264 Douglas Street

    Stratford, Detached

    2 beds1 bathUnder 700 ft²

    MLS® X14032218
  • Open Sat, Oct 17, 2:00 pm
    $199,900

    23781 Johnston Line

    Rural West Elgin, West Elgin, Detached

    3 beds1 bath700-1,100 ft²

    MLS® X14032144
  • Open Sat, Oct 17, 1:00 pm
    $479,900

    327 Wellington Street

    St. Thomas, Detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X14031622
  • New
    $499,900

    83761 Brussels Line

    Morris, Detached

    2 beds2 baths700-1,100 ft²

    MLS® X14031322
  • New
    $439,900

    39 Metcalfe Crescent

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X14031170
  • Open Sun, Oct 18, 2:00 pm
    $319,900

    97 William Street

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X14031012
  • New
    $429,900

    163 George Street

    Ailsa Craig, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X14030854
  • New
    $329,900

    131 Clyde Street

    Bluevale, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X14030574

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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