London Homes under $500,000

London Homes under $500,000

Welcome to London, Ontario – a vibrant city that beautifully blends urban convenience with charming small-town warmth. Nestled in the heart of Southwestern Ontario, London is renowned for its rich history, diverse culture, and an abundance of green spaces. With a population of over 400,000, this thriving city offers a dynamic lifestyle, making it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of London is its affordability. For those seeking homes under $500,000, the city presents an array of options that cater to various tastes and preferences. From cozy bungalows to modern townhouses, the real estate market in London is diverse, ensuring that everyone can find their perfect fit without stretching their budget.

London's neighborhoods are as varied as its residents. Explore the historic charm of Old East Village, with its trendy cafes and unique boutiques, or enjoy the family-friendly atmosphere of Byron, known for its excellent schools and parks. With easy access to public transit and major highways, commuting to nearby cities like Toronto and Windsor is a breeze.

Beyond the homes and neighborhoods, London boasts a vibrant arts scene, a plethora of recreational activities, and a strong sense of community. Whether you’re strolling along the Thames River, indulging in local cuisine, or attending one of the many festivals throughout the year, there’s always something happening in London.

Discover the charm and affordability of London, Ontario, where your dream home awaits at an accessible price. Embrace the lifestyle you've always wanted in a city that truly has it all!

Newest London Homes under $500,000

1096 JALNA Boulevard Unit 87, London
$264,900
3 Beds ⋅ 2 Baths ⋅ 40867831 MLS® #
Welcome to Unit 87 at 1096 Jalna Boulevard - a spacious and well-maintained 3-bedroom, 1.5-bath condo apartment in desirable South London. This bright unit offers a functional layout with generously sized bedrooms, a cozy gas fireplace in the living area, and an enclosed balcony-the perfect space to enjoy your morning tea or unwind in the evening. Includes 1 assigned parking space and 1 locker. Residents also enjoy access to the outdoor community pool. Condo fees include water, one assigned parking space, and locker. Conveniently located close to shopping, schools, parks, public transit, and everyday amenities. A great opportunity for first-time buyers, down sizers, or investors! (id:5764)

1096 JALNA Boulevard Unit 87, London

Listing courtesy of ROYAL CANADIAN REALTY.

797 HAMILTON Road, London
$399,999
4 Beds ⋅ 3 Baths ⋅ 40867837 MLS® #
Looking for a project with real upside? 797 Hamilton Road is a duplex with a bonus in-law suite, giving you three units in total, with AC2 Zoning (Arterial Commercial). It's ready for a buyer who can see past a little wear and tear. Three separate entrances, one for each unit, open up plenty of options, whether that's rental income, space for extended family, or a small business setup that the commercial zoning allows. You'll also find parking at both the front and rear, plus a covered deck. Recent updates include all cast iron pipe replaced with PVC, a new lift pump, and a furnace and AC that come with a warranty. The second floor has fresh paint and new carpet, and the basement unit has an updated bathroom. Three fridges, three stoves, and a washer and dryer are included, so each unit is equipped from day one. The location is ideal, with Highway 401 access, shopping, schools, parks, churches, and restaurants all just minutes away. If you're handy, an investor, or someone who loves a good value-add opportunity, this one is worth a look. Bring your ideas, potential awaits! (id:5764)

797 HAMILTON Road, London

Listing courtesy of Hewitt Jancsar Realty Ltd..

3400 CASTLE ROCK Place Unit 81, London
$469,000
3 Beds ⋅ 3 Baths ⋅ 26023872 MLS® #
Contact the owner directly for all inquiries, showings, offers, and additional information. Click ""More Info"" on the Realtor.ca listing to contact the seller directly. The seller handles all showings and negotiations. LBO provides the Realtor.ca listing service only.... Welcome to 3400 Castle Rock Place, Unit 81—a beautifully maintained 3-storey, 3-bedroom, 3-bathroom condo townhouse in South London. Offering 1,400–1,599 sq. ft. of living space, this home features an open-concept kitchen, dining area, and a bright main-floor living room. The upper level hosts three bedrooms, including a primary retreat with a large ensuite (walk-in shower, toilet, sink) and convenient bedroom-level laundry right next door. The lower level includes a finished rec room. Enjoy low condo fees ($299.40/mo), 3 total parking spaces (1 garage with inside entry + 2 outside), and a private deck overlooking shared green space. Ideally located near the highway, shopping, parks, and good schools. A preferred Dec 17 closing is available to facilitate a smooth move. Book your showing today! Contact the seller directly for all inquiries, showings, offers, and additional information. (id:5764)

3400 CASTLE ROCK Place Unit 81, London

Listing courtesy of LISTIT.REALTY BROKERAGE INC.

70 FIDDLERS GREEN Road Unit 74, London
$359,000
2 Beds ⋅ 1 Baths ⋅ 40865529 MLS® #
Opportunity knocks at 70 Fiddlers Green! Set within a beautifully maintained and established complex in the desirable Oakridge community of west London, this end-unit townhome is full of potential and ready for its next chapter. Offering 2 bedrooms and 1 bathroom, it’s a fantastic opportunity for a first-time buyer, downsizer or investor looking to create a space of their own and add value over time. Even better, water is included in the condo fees, helping keep monthly expenses simple and predictable. The location is hard to beat. Enjoy mature surroundings, abundant greenery, parks and scenic walking trails, with the natural beauty of nearby Sifton Bog, all while being just minutes from the shops, restaurants and everyday conveniences surrounding Hyde Park Road and Oxford Street West. Schools, public transit and major routes are also close by, putting everything you need within easy reach. With the added privacy of an end unit, a well-cared-for complex and a sought-after west London location, this is an opportunity with plenty of upside. Bring your ideas, make it your own and start your next chapter at 70 Fiddlers Green! (id:5764)

70 FIDDLERS GREEN Road Unit 74, London

Listing courtesy of Royal LePage Wolle Realty.

56 ASHBURY Avenue, London
$500,000
5 Beds ⋅ 2 Baths ⋅ 40866146 MLS® #
Welcome to 56 Ashbury Avenue, a beautifully maintained detached bungalow in a desirable South London community. Situated on a spacious corner lot, this versatile 3+2 bedroom, 2 full bathroom home offers exceptional flexibility for families, multi-generational living, or investors. The thoughtfully designed layout features bright and comfortable living spaces, two fully equipped kitchens, and a finished lower level with additional bedrooms and living space, providing plenty of room to accommodate a growing family, guests, or a potential in-law setup. Enjoy the convenience of a location that puts everyday amenities close at hand. White Oaks Mall, one of London’s largest shopping destinations, is nearby, along with Walmart, Costco, restaurants, services, and recreational facilities. White Oaks Park offers paved walking paths, sports fields, tennis courts, and playgrounds, while excellent schools and public transit are also within easy reach. Commuters will appreciate quick access to Wellington Road and Highway 401, making travel throughout London and beyond convenient. With its generous 3+2 bedroom configuration, two kitchens, two full bathrooms, corner-lot setting, and highly convenient South London location, 56 Ashbury Avenue is a wonderful opportunity to enjoy a comfortable home with outstanding versatility and long-term potential. (id:5764)

56 ASHBURY Avenue, London

Listing courtesy of EXP REALTY OF CANADA INC.

600 SARNIA Road Unit 43, London
$479,000
5 Beds ⋅ 3 Baths ⋅ 40864131 MLS® #
Welcome to 43-600 Sarnia Road, a spacious purpose-built 3+2 bedroom condo in Northwest London, finished across all three levels and offering a versatile layout with plenty of living space for a growing family, investor, or those seeking flexible accommodation. Updated throughout in 2025/2026, this move-in-ready home features fresh neutral paint, new laminate flooring and baseboards in the living room, and new electrical outlets, switches and cover plates, beautiful light fixtures throughout. All blinds have been replaced, and the basement bathroom features a new vanity. The kitchen is equipped with five appliances, including a recently installed stove and dishwasher. Conveniently located close to Western University, University Hospital, public transportation, shopping, restaurants, and everyday amenities, this home offers generous living space in a convenient Northwest London location. (id:5764)

600 SARNIA Road Unit 43, London

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

39 BALMORAL Avenue, London
$419,900
1 Beds ⋅ 1 Baths ⋅ 40862843 MLS® #
Welcome to 39 Balmoral Avenue — a charming 1940s bungalow tucked onto a mature, tree-lined street just minutes from downtown London. Full of character, this inviting home offers beautiful hardwood floors, a bright living room with classic fireplace detail, a comfortable dining area and an updated-style kitchen with white cabinetry, subway tile backsplash and granite-style counters. The partially finished lower level, complete with separate entrance, adds valuable flexible space for a recreation room, home office, gym or future possibilities. Outside, enjoy an expansive, private backyard with mature trees, established gardens, raised beds, a pergola and storage shed — a wonderful space to relax, entertain or put your own gardening ideas to work. With shopping, restaurants, parks, transit and downtown conveniences all close by, this is an excellent opportunity for a first-time buyer looking to get into the London market and make a home their own. Come see the possibilities! (id:5764)

39 BALMORAL Avenue, London

Listing courtesy of Century 21 Heritage House Ltd.

258 WELLINGTON Road, London
$397,000
6 Beds ⋅ 3 Baths ⋅ 40861364 MLS® #
1 1/2 storey home situated on a large lot and conveniently located close to all amenities. This property features 5 bedrooms and 3 full bathrooms, offering plenty of space for a growing family. Within walking distance to South Central High School, as well as nearby parks and schools, the location is ideal for families. The home is finished from top to bottom and offers great potential. Property requires TLC and is being sold as-is, where-is. The seller makes no warranties or representations. (id:5764)

258 WELLINGTON Road, London

Listing courtesy of Acme Realty Inc..

220 CAIRN Street, London
$465,000
3 Beds ⋅ 2 Baths ⋅ 40860107 MLS® #
Welcome to 220 Cairn Street, a charming 3-bedroom semi-detached bungalow offering approximately 1,483 sq. ft. of finished living space, a finished basement, and a generous 32' x 120' lot in London South. A great opportunity for first-time buyers, families, downsizers, or investors. Step inside to a functional main-floor layout featuring a spacious kitchen and bright living room with plenty of room to gather and unwind. Three bedrooms are conveniently located on the main level, along with a full 4-piece bathroom, making everyday living easy and practical. The finished basement adds valuable bonus space with a large family room, generous den, and 2-piece bathroom. Whether you're looking for a recreation area, home office, playroom, workout space, or additional room for guests, the lower level offers plenty of flexibility to suit your needs. Outside, enjoy a deep backyard with plenty of space for entertaining, gardening, kids, pets, or creating your own outdoor retreat. A private driveway provides parking for up to three vehicles. Conveniently located within walking distance to school and close to parks, recreation facilities, places of worship, and hospital amenities, this home offers everyday convenience in an established community. Vacant with immediate possession available, 220 Cairn Street is ready for its next chapter. (id:5764)

220 CAIRN Street, London

Listing courtesy of RE/MAX Escarpment Realty Inc..

1275 BENTLEY Drive Unit 106, London
$255,000
2 Beds ⋅ 1 Baths ⋅ 40859443 MLS® #
*6 MONTHS FREE CONDO FEES* EXCEPTIONAL 2 BEDROOM RECENTLY RENOVATED CONDO !!! No detail has been left unturned ! Calling all investors, first time home buyers, small families & downsizers alike ! UPGRADES INCLUDE: Stainless steel Fridge, Dishwasher, Stove, Kitchen cupboards, quartz countertops, rangehood, vinyl plank flooring , doors, light fixtures, faucets, electrical outlets, light switches , freshly painted throughout including ceiling, toilet, bath and much more. Currently vacant and with all the new modern finishes all you have to do is move in or lease it to your new tenants. 987 Square feet of living space! This condo boasts a bright, open-concept living/dining area with large windows, a spacious eat-in Kitchen, 4-piece bathroom, generous sized bedrooms with large closets , pantry & storage room with shelves. Conveniently close to Fanshawe College, Stronach Arena & Community Centre, shopping, schools, parks, public transit, and just minutes to the 401, London Airport, and downtown .Gas heated and the condo fee of $365 per month including water is substantially lower than other condos in the area. This condo checks off all the boxes! (id:5764)

1275 BENTLEY Drive Unit 106, London

Listing courtesy of KELLER WILLIAMS INNOVATION REALTY.

1725 ERNEST Avenue Unit 108, London
$354,900
4 Beds ⋅ 2 Baths ⋅ 40859244 MLS® #
Tucked Into A Quiet Corner Of A Well-Managed White Oaks Community, This Stylish, Carpet-Free Townhouse Offers 3+1 Bedrooms, Modern Updates, And A Smart, Functional Layout. The Main Floor Features Spacious Open-Concept Living And Dining Areas With Upgraded Lighting, Fresh Neutral Paint, And A Walkout To A Private, Fully Fenced Courtyard Patio With Low-Maintenance Composite Decking-Perfect For Relaxing Or Entertaining. Upstairs, You'll Find Three Bright And Generously Sized Bedrooms, Including An Exceptionally Large Primary Bedroom With Double Closets And Plenty Of Space For A Sitting Area Or Home Office. The Two Additional Bedrooms Are Also Spacious, Making Them Ideal For Children, Guests, Or Remote Work. A Beautifully Updated 4-Piece Bathroom With A Modern Vanity Completes The Upper Level. The Finished Lower Level Offers A Fourth Bedroom Along With A Versatile Flex Space That Can Be Used As A Family Room, Recreation Area, Home Gym, Or Office. A Separate Laundry And Utility Room Provides Excellent Storage. Forced-Air Gas Heating And Central Air Conditioning Ensure Year-Round Comfort. Perfect For First-Time Buyers, Young Families, Downsizers, Or Investors, This Move-In-Ready Home Offers A Low-Maintenance Lifestyle In A Convenient Location Close To Schools, Parks, Public Transit, Healthcare Facilities, The Community Centre, And Major Shopping Destinations. With Highway 401 Just Minutes Away, Commuting Is Quick And Convenient. Flexible Possession Is Available. (id:5764)

1725 ERNEST Avenue Unit 108, London

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY.

1247 HURON Street Unit 111, London
$359,900
2 Beds ⋅ 2 Baths ⋅ 40858636 MLS® #
Welcome to this updated two-storey townhouse in a convenient London location, just minutes from Fanshawe College! Close to shopping, restaurants, schools, parks, public transit, and major commuter routes, this move-in-ready home is a great option for first-time buyers, professionals, students, or investors. Featuring 2+1 bedrooms and 1.5 bathrooms, the home has been freshly updated with new flooring, fresh paint, updated bathrooms, and a modern kitchen with new appliances. The main floor offers a bright and functional living space with a spacious living room, kitchen/dining area, and convenient powder room. The finished lower level provides additional living space that can be used as a third bedroom, home office, gym, or rec room. Outside, enjoy your own private backyard. With affordable condo fees covering exterior maintenance and common area upkeep, this property offers comfortable, low-maintenance living in a convenient location. (id:5764)

1247 HURON Street Unit 111, London

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.

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