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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1,210 homes

  • Open Sat, Oct 17, 11:00 am
    $429,900

    3202 Vivian Line, Unit Unit 39

    Stratford, Condo

    2 beds1 bath900-999 ft²

    MLS® X12996076
  • Open Sat, Oct 17, 11:00 am
    $349,900

    3202 Vivian Line, Unit Unit 13

    Stratford, Condo

    1 bed1 bath700-799 ft²

    MLS® X12996064
  • $479,900

    3202 Vivian Line, Unit Unit 30

    Stratford, Condo townhouse

    2 beds2 baths1,400-1,599 ft²

    MLS® X12996046
  • $499,900

    22300 Talbot Line

    New Glasgow, Detached

    2 beds1 bath1,100-1,500 ft²

    MLS® X12994314
  • $485,900

    330 Glenn Road

    Wingham, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X12977874
  • $330,000Price changed

    89 Ridout Street S, Unit 305

    London, Condo

    2 beds2 baths1,200-1,399 ft²

    MLS® X12966440
  • $499,900

    271 Main Street

    Hullett, Multiplex

    4 beds3 baths2,500-3,000 ft²

    MLS® X12964398
  • $220,000

    9944 Eric Street

    Lambton Shores, Land

    0 beds0 bathsUnder 700 ft²

    MLS® X12962796
  • $220,000

    9936 Eric Street

    Lambton Shores, Land

    0 beds0 bathsUnder 700 ft²

    MLS® X12958434
  • $199,900

    244 Main Street

    Elma, Land

    0 beds0 baths

    MLS® X12958350
  • $349,900Price changed

    49225 Blair , R. R. 2 Drive

    Port Bruce, Detached

    2 beds1 bathUnder 700 ft²

    MLS® X12945652
  • $489,900

    93 Myrtle Street

    St. Thomas, Multiplex

    5 beds3 baths1,500-2,000 ft²

    MLS® X12944236
  • $199,900Price changed

    66 North Street

    Ashfield, Land

    0 beds0 baths

    MLS® X12941776
  • $199,900Price changed

    64 North Street

    Ashfield, Land

    0 beds0 baths

    MLS® X12941774
  • $199,900Price changed

    62 North Street

    Ashfield, Land

    0 beds0 baths

    MLS® X12941770
  • $424,900Price changed

    100 The Promenade, Unit 307

    Port Stanley, Condo

    2 beds2 baths1,000-1,199 ft²

    MLS® X12931092
  • $1

    11 Tucker Street

    Rural Southwest Middlesex, Southwest Middlesex, Farm

    70 ft²

    MLS® X12922050
  • $299,000Price changed

    12 Iroquois Lane

    Colborne, Modular home

    2 beds1 bath700-1,100 ft²

    MLS® X12919614

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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