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 Sun, Oct 18, 12:00 pm
    $429,500

    36810 Crediton Road

    Stephen, Detached

    3 beds2 baths700-1,100 ft²

    MLS® X14006086
  • New
    $459,900

    78 Bloomsbury Court

    London, Detached

    2+1 beds2 baths700-1,100 ft²

    MLS® X14005946
  • New
    $439,900

    83 Scotchmere Crescent

    London, Semi-detached

    3 beds2 baths1,100-1,500 ft²

    MLS® X14004290
  • New
    $499,900

    1362 Aldersbrook Road

    London, Detached

    3+1 beds2 baths700-1,100 ft²

    MLS® X14004096
  • New
    $285,000

    20 William Street S

    Clinton, Detached

    1 bed1 bathUnder 700 ft²

    MLS® X13886808
  • New
    $489,900

    207 Cameron Street

    Goderich (Town), Goderich, Detached

    2+2 beds2 baths1,100-1,500 ft²

    MLS® X13886502
  • New
    $199,900

    132 Ash Street

    Crystal Lake, Mobile home

    3 beds2 baths1,100-1,500 ft²

    MLS® X13886358
  • New
    $439,900

    125 Portland Street

    Stephen, Detached

    2 beds1 bath1,100-1,500 ft²

    MLS® X13886034
  • New
    $499,999

    340 Riverside Drive

    London, Detached

    3+1 beds3 baths1,500-2,000 ft²

    MLS® X13885530
  • New
    $259,995

    11 Rathmine Street

    London, Detached

    4 beds1 bath700-1,100 ft²

    MLS® X13885474
  • New
    $349,900

    825 Dundalk Drive, Unit 45

    London, Condo townhouse

    2 beds1 bath900-999 ft²

    MLS® X13885054
  • New
    $445,900

    1855 Aldersbrook Road, Unit 22

    London, Condo townhouse

    3 beds2 baths1,400-1,599 ft²

    MLS® X13884468
  • New
    $375,000

    1025 King Street

    London, Detached

    3 beds1 bath1,100-1,500 ft²

    MLS® X13884288
  • Open Sat, Oct 17, 2:00 pm
    $349,000

    253 Taylor Street, Unit 29

    London, Condo townhouse

    3+1 beds3 baths1,000-1,199 ft²

    MLS® X13883922
  • New
    $479,900

    44 Schade Street

    Monkton, Detached

    4+1 beds2 baths1,100-1,500 ft²

    MLS® X13883856
  • New
    $450,000

    307 Grey Street

    London, Multiplex

    5 beds2 baths1,500-2,000 ft²

    MLS® X13883672
  • New
    $499,900

    96 Carrie Crescent

    St. Thomas, Semi-detached

    3+1 beds2 baths1,100-1,500 ft²

    MLS® X13883610
  • New
    $486,300

    28 Hopper Lane

    St. Thomas, Townhouse

    3+1 beds3 baths1,100-1,500 ft²

    MLS® X13883566
  • New
    $499,027

    520 Orr Street, Unit 8

    Stratford, Vacant Land Condo

    3 beds3 baths1,400-1,599 ft²

    MLS® X13883174

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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