London Real Estate
London sits in southwestern Ontario at the fork of the Thames River, roughly two hours from both Toronto and Detroit. It's the largest city in the region and functions as a hub for health care, education, and insurance across a wide stretch of rural Ontario. Buyers are drawn here for a few practical reasons. Home prices run well below what you'd pay in the GTA, the city is big enough to have real amenities, and the commute to work for most residents is measured in minutes rather than hours.
The University of Western Ontario and Fanshawe College give the city a steady student population and a large base of academic and research jobs. London Health Sciences Centre and St. Joseph's are major employers, and companies like 3M and Canada Life have long-standing operations here. Victoria Park anchors the Downtown and hosts most of the city's festival calendar, while Springbank Park and the Thames Valley Parkway give you kilometres of riverside trail. Covent Garden Market has been running in some form since the 1840s, and Richmond Row remains the main strip for restaurants and independent shops north of Downtown.
London's housing stock covers a lot of ground. You'll find century homes and grand Victorians in Old North and Old South, postwar bungalows across the older middle neighbourhoods, and large subdivisions of newer builds pushing out toward the north and northwest. Masonville and Hyde Park have seen heavy development in recent decades, while Wortley Village in Old South keeps a walkable, tree-lined character that buyers pay a premium for. The variety means you can find very different kinds of homes at very different price points within the same city.
Find a Home for Sale in London
REW's London MLS® listings are updated regularly, so you're seeing what's actually on the market right now. You can filter by property type, price, and bedroom count to narrow things down quickly. Common property types in London include:
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Detached houses: Detached homes make up the bulk of London's market, from heritage properties in Old South to new builds on larger lots out in Hyde Park and the north end. Pricing stays reasonable compared with cities further east along the 401.
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Townhouses: Townhomes are a common entry point for first-time buyers, with a lot of newer stock in subdivisions near Masonville and the northwest. They're also popular with students and investors given the proximity to Western and Fanshawe.
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Condos and apartments: Condo inventory clusters Downtown and near the universities, which makes it a practical option for students, young professionals, and buyers who want to be close to Richmond Row and the river trails.
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Duplexes: Duplexes see steady interest here because of the rental demand tied to the student population. Investors often look at properties near Western and along the Richmond Street corridor for consistent occupancy.
Connect with a local London real estate agent who can walk you through the differences between neighbourhoods like Old North, Byron, and Masonville. Use REW's mortgage calculator to run the numbers, and reach out to our mortgage partners when you're ready to talk financing.