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

  • $474,900Price changed

    109 Goderich Street

    Hullett, Detached

    4 beds2 baths2,000-2,500 ft²

    MLS® X13699704
  • $304,900Price changed

    11 Huron Lane

    Colborne, Modular home

    2 beds1 bath1,100-1,500 ft²

    MLS® X13699544
  • $499,900

    505 Blue Jay Drive, Unit 23

    London, Condo townhouse

    3 beds4 baths1,400-1,599 ft²

    MLS® X13699060
  • $489,900

    5 Wilcox Street

    Stratford, Townhouse

    3 beds3 baths1,500-2,000 ft²

    MLS® X13698490
  • $499,900

    296 Bradshaw Drive

    Stratford, Townhouse

    3 beds3 baths1,100-1,500 ft²

    MLS® X13698384
  • $399,900Price changed

    132 Queen Street

    Clinton, Multiplex

    4 beds2 baths1,500-2,000 ft²

    MLS® X13698046
  • $419,900

    129 Culver Crescent

    London, Semi-detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13698010
  • $429,900

    20 Huron Heights Drive

    Colborne, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13697966
  • $348,500

    825 Dundalk Drive, Unit 26

    London, Condo townhouse

    3 beds1 bath900-999 ft²

    MLS® X13697946
  • $449,900Price changed

    111 Manor Road

    St. Thomas, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13697718
  • $239,000Price changed

    1600 Culver Drive, Unit 20

    London, Condo townhouse

    3 beds1 bath1,000-1,199 ft²

    MLS® X13697408
  • $299,000Price changed

    155 Kent Street, Unit 505

    London, Condo

    2 beds2 baths1,000-1,199 ft²

    MLS® X13697368
  • $489,000Price changed

    180 Alma Street

    St. Thomas, Detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X13696200
  • $399,990Price changed

    66 Inverary Road

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13695840
  • $367,900Price changed

    1054 Florence Street

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13695420
  • $419,000Price changed

    229 Miller Road

    Dutton, Detached

    3 beds2 baths1,500-2,000 ft²

    MLS® X13695048
  • $439,900Price changed

    12 Second Avenue

    St. Thomas, Semi-detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13693058
  • Open Sun, Oct 18, 2:00 pmPrice reduced
    $479,900was $489,900

    1920 Duluth Crescent

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13691624
  • $465,000Price changed

    37 Mincing Lane

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13691576
  • $420,000Price changed

    89 Elm Street

    London, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13691280
  • $449,000Price changed

    326 Avondale Road

    London, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X13690484

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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