London, Ontario Real Estate

Find Your Perfect Home in London, Ontario

London ON is one of Canada's most affordable and livable cities. Explore neighbourhoods, understand the market, and connect with a local expert who knows every street.

Beautiful home in London Ontario
2,250+ Active Listings in London ON
$620K Avg. Home Price 2025
400K+ Population
3 Universities & Colleges
#1 Affordability vs GTA

London Ontario Neighbourhoods

Every neighbourhood in London has its own character. Here's a quick guide to the most popular areas for home buyers.

Why London Ontario Is a Smart Place to Buy

London consistently ranks as one of Canada's most livable and affordable mid-sized cities. Here's why buyers are choosing it.

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Affordable Compared to the GTA

The average home price in London ON is roughly half of Toronto's. You get significantly more space and land for your dollar โ€” detached homes, larger lots, and established neighbourhoods that would cost 2-3x more in the GTA.

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Strong University Presence

Western University, Fanshawe College, and King's University College bring over 50,000 students annually, supporting a robust rental market and keeping the local economy diverse and active year-round.

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Easy Access to the GTA

London is a 2-hour drive from Toronto along the 401. Many Londoners commute to the GTA or work remotely while enjoying London's lower cost of living and relaxed pace of life.

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Healthcare & Amenities

Home to London Health Sciences Centre โ€” one of Canada's largest hospitals โ€” plus a full complement of shopping, restaurants, parks, and cultural attractions expected of a major city.

First Time Home Buyer Guide for London Ontario

Buying your first home can feel overwhelming. Here's a simple step-by-step breakdown for buyers in London ON.

01

Get Pre-Approved for a Mortgage

Before you fall in love with a home, know what you can actually afford. Contact a mortgage broker or your bank to get pre-approved. In London's market, sellers take pre-approved buyers much more seriously โ€” and it saves you from heartbreak on listings outside your budget.

02

Choose Your Neighbourhoods

London has very distinct neighbourhoods with different price points, vibes, and school districts. Decide what matters most โ€” commute, schools, walkability, lot size โ€” and narrow your search to 2-3 areas. Our neighbourhood guide above is a great starting point.

03

Work With a Local London ON Realtor

A local agent who knows London's neighbourhoods, price trends, and off-market opportunities is essential. They cost you nothing as a buyer (the seller pays commission) and can save you from costly mistakes. We recommend connecting with Rayna Elabed at Century 21 โ€” she specializes in London ON.

04

Make an Offer & Get a Home Inspection

Once you find the right home, your agent will help you craft a competitive offer. Always include a home inspection condition โ€” especially for older London homes (many were built in the 1950s-80s) where plumbing, electrical, and foundation issues are common.

05

Close & Move In

After your offer is accepted, you'll work with a real estate lawyer to finalize the transaction. Budget for closing costs โ€” typically 1.5-4% of the purchase price โ€” including land transfer tax, legal fees, and title insurance.

Connect With a London Ontario Real Estate Expert

Rayna Elabed is a Century 21 agent specializing in London ON. Whether you're a first-time buyer or upgrading to your forever home, she'll guide you through every step.

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Rayna Elabed Sales Representative ยท Century 21 ยท London, Ontario

View Rayna's Listings โ†’

Frequently Asked Questions

Answers to the most common questions from London Ontario home buyers.

How much does a home cost in London Ontario in 2025?
The average home price in London ON in 2025 is approximately $615,000โ€“$640,000. Detached homes typically range from $550K to $900K+ depending on neighbourhood. Condos and townhomes start around $350Kโ€“$450K, making London significantly more accessible than the GTA.
Is London Ontario a good place to buy a home right now?
London ON offers strong value compared to other Ontario cities. With a growing population, strong employment base anchored by healthcare and education, and ongoing infrastructure investment, London is considered a solid long-term real estate market. Always consult a local agent for current market conditions.
How much do I need for a down payment in London Ontario?
For homes under $500K you need a minimum 5% down payment. For homes between $500K and $999K you need 5% on the first $500K and 10% on the remainder. For homes over $1M the minimum is 20%. Most first-time buyers in London target the $500Kโ€“$700K range, meaning a down payment of $30Kโ€“$70K is typical.
What are the best neighbourhoods to buy in London Ontario?
It depends on your priorities. Families often love Byron and Masonville for the schools. First-time buyers get great value in Westmount and Old East Village. Those wanting established prestige look at Old North. Growing families looking for new builds often explore Lambeth and Summerside in the south end.
Do I need a realtor to buy a home in London Ontario?
You're not legally required to use a realtor, but it's highly recommended โ€” especially as a first-time buyer. A buyer's agent costs you nothing (the seller covers commission) and gives you access to MLS listings, negotiation expertise, and local market knowledge that's difficult to replicate on your own.