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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1,211 homes

  • $359,900

    825 Dundalk Drive, Unit 84

    London, Condo townhouse

    2+1 beds1 bath0-499 ft²

    MLS® X13175590
  • $269,900Price changed

    120 Victoria Street

    Clinton, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13173516
  • $484,900Price changed

    21990 Hagerty Road

    Wardsville, Detached

    2+1 beds3 baths1,100-1,500 ft²

    MLS® X13166580
  • $463,628

    76 Ambience Street

    Stratford, Condo townhouse

    2 beds2 baths1,200-1,399 ft²

    MLS® X13160388
  • $479,900Price changed

    79265 Fuller Drive

    Goderich, Detached

    1+1 beds1 bathUnder 700 ft²

    MLS® X13160260
  • $374,900Price changed

    95 Rosewood Drive, Unit 1

    Mitchell, Condo townhouse

    2 beds1 bath1,000-1,199 ft²

    MLS® X13160080
  • $359,900Price changed

    95 Rosewood Drive, Unit 4

    Mitchell, Condo townhouse

    2 beds1 bath900-999 ft²

    MLS® X13160030
  • $359,900

    95 Rosewood Drive, Unit 3

    Mitchell, Condo townhouse

    2 beds1 bath1,000-1,199 ft²

    MLS® X13160018
  • $189,000Price changed

    0 Arthur Street

    Elma, Land

    0 beds0 baths

    MLS® X13158788
  • $435,000Price changed

    29 Southvale Road

    St. Marys, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13156676
  • $172,000Price changed

    45 Redford Drive

    Exeter, Mobile home

    2 beds1 bath700-1,100 ft²

    MLS® X13154582
  • $329,900

    428 Queen Street W, Unit 3

    St. Marys, Condo townhouse

    1 bed1 bath700-799 ft²

    MLS® X13153810
  • $449,000Price changed

    780 Fanshawe Park Road E, Unit 18

    London, Condo townhouse

    3 beds3 baths1,200-1,399 ft²

    MLS® X13144828
  • $424,900

    301 Carlow Road, Unit 24

    Port Stanley, Condo townhouse

    2 beds2 baths1,200-1,399 ft²

    MLS® X13144452
  • $59,900

    Pt Lt 5 Gore Road

    Rural Thames Centre, Thames Centre, Land

    0 beds0 baths

    MLS® X13144308
  • $89,900Price changed

    Pt Lt 4 Gore Road

    Rural Thames Centre, Thames Centre, Land

    0 beds0 baths

    MLS® X13144266
  • $89,900Price changed

    Pt Lt 3 Gore Road

    Rural Thames Centre, Thames Centre, Land

    0 beds0 baths

    MLS® X13144240
  • $459,000Price changed

    93 Stanley Street

    London, Detached

    4 beds2 baths2,000-2,500 ft²

    MLS® X13143726
  • $470,000Price changed

    115 Legion Street

    Mitchell, Detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X13142886
  • $290,000

    401 Queen Street

    Blyth, Store W Apt/Office

    4 beds2 baths2,000-2,500 ft²

    MLS® X13136618
  • $479,900

    152 Sills Street

    Seaforth, Semi-detached

    2 beds1 bath1,100-1,500 ft²

    MLS® X13132814

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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