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

  • Open Sun, Oct 18, 2:00 pm
    $479,900

    1178 Princess Avenue

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13652760
  • $299,900

    228 Monmore Road, Unit 5

    London, Condo townhouse

    3 beds2 baths1,000-1,199 ft²

    MLS® X13652504
  • $489,000

    160 Wellesley Crescent

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13652356
  • $75,000

    4895 Lakeshore Road, Unit D36

    Plympton Wyoming, Mobile home

    2 beds1 bathUnder 700 ft²

    MLS® X13651772
  • $499,000Price changed

    96 Charles Street

    Stratford, Semi-detached

    3 beds3 baths1,100-1,500 ft²

    MLS® X13651616
  • $399,900

    95 Bonaventure Drive

    London, Semi-detached

    2+1 beds2 baths700-1,100 ft²

    MLS® X13649730
  • $499,900

    12 Orchard Street

    London, Multiplex

    3 beds3 baths1,500-2,000 ft²

    MLS® X13649520
  • $499,900

    12 Orchard Street

    London, Detached

    3 beds3 baths1,500-2,000 ft²

    MLS® X13649504
  • $474,900

    38 Byron Avenue E

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13648362
  • $495,000

    83429 David Drive

    Ashfield, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13646918
  • $499,900

    345 Smith Street

    Port Stanley, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13646834
  • $289,900

    16 Arbour Glen Crescent

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X13646188
  • Price reduced
    $379,900was $389,900

    70 Fiddlers Green Road, Unit 122

    London, Condo townhouse

    4 beds2 baths1,200-1,399 ft²

    MLS® X13644022
  • $349,900Price changed

    775 Osgoode Drive, Unit 30

    London, Condo townhouse

    3 beds2 baths1,200-1,399 ft²

    MLS® X13643460
  • $325,000Price changed

    88 Flora Street

    St. Thomas, Detached

    2+1 beds1 bath700-1,100 ft²

    MLS® X13642674
  • $449,900

    251 Lake Breeze Drive

    Colborne, Detached

    2 beds2 baths1,100-1,500 ft²

    MLS® X13641750
  • $469,900

    544 Pall Mall Street

    London, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13641074
  • Open Tue, Oct 20, 3:00 pm
    $474,000Price changed

    244 West Street

    Belmont, Detached

    2 beds1 bath700-1,100 ft²

    MLS® X13641044

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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