Tired of those million-dollar MLS listings in the Greater Toronto Area (GTA)? You are not the only one. For this reason, many buyers like you are turning their attention from the big cities to London. Believe it or not, you can still find houses for sale in London, Ontario, under $400,000. Yes, you read that right. The Toronto housing market is evolving and prices are skyrocketing. However, the London home prices are still much lower. Currently, London's detached houses have an average listing price of$ 826,718 . Apartments are only $ 386,805 .
No wonder why, London has become a popular hotspot among homebuyers in Ontario. Whether you need a detached home, a townhouse, or a condo, you will find options that fit your budget. With these houses for sale in London, Ontario, under $400,000, you can enter the market sooner. You don’t have to save up a huge down payment, and your mortgage payments can stay within a comfortable range.
Another big reason why people are heading to London, Ontario, is the lifestyle. People call London the Forest City, and after you visit, you will understand why. The city is full of green spaces, parks, trails, and quiet residential neighbourhoods. Hence, this city will be perfect if you want to escape the constant hustle and stress of big cities. However, if you need easy access to the GTA and also the KWC Region, you can explore houses for sale in Woodstock. The Highway 401 runs right along the southern edge of Woodstock.
But, if you don't need to commute daily, London will be the perfect choice. At the moment, there are1,388 detached and59 semi-detached houses in London. Plus, you can find 424 townhouses and 211 in the London housing market. You can browse the properties for sale under $400,000 among these latest listings on our exclusive listing page. Scroll above, and take a closer look at these affordable houses in London!