Townhouses for Sale in London
Under $500K

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in London this band: $439K · 20 active · avg 47 days on market.

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20 active · median $439K

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Townhouses in London Under $500K

20 active · median $439K

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Median List Price

$439K

Active Listings

20

Avg Days on Market

47 days

YoY Change

-10.1%

6-Month Median Price Trend

Dec

$429K

Jan

$439K

Feb

$442K

Mar

$442K

Apr

$442K

May

$446K

What is the average townhouse price in London in 2026?

The benchmark price for a townhouse in London in 2026 is approximately $439K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 20 active listings, moving in an average of 47 days on market. Prices are down 10.1% year-over-year.

Is London a buyer's or seller's market right now?

London is currently a buyer's market for townhouses in this band. Listings are sitting 47 days on average and prices are 10.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

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What $439K gets you in London.

Townhouses in London priced under $500k are tracking against a CREA MLS® HPI benchmark of $439K for the london st thomas area. Within this band the median list comes in near $439K — down 10.1% year-over-year. Active inventory is moving in roughly 47 days.

Typical Size

1,200–2,000 sqft

Bedroom Range

2–4 bedrooms

Ownership Style

Freehold or condo

Sample comparables in this band.

Old North, London

$473K

3 bed3 bath1,720 sqft
Wortley Village, London

$408K

3 bed3 bath1,410 sqft
Byron, London

$476K

3 bed3 bath1,530 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these townhouses are clustered in London.

London Townhouse FAQ

What is the median price for townhouses in London under $500k?

As of 2026-05-01, the median list price for townhouses in London priced under $500k sits at approximately $439K based on active MLS inventory.

How many townhouses are currently for sale in London in this price range?

There are roughly 20 active townhouses for sale in London priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do townhouses stay on the market in London?

Townhouses in London priced under $500k are averaging 47 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are London townhouse prices going up or down?

Year-over-year median townhouse prices in London (this band) are down 10.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a townhouse at this price in London?

On a $439K purchase with 20% down, you'd carry a mortgage of about $351K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,146 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 20 active, median $439K.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed London advisor within 1 business hour.

Townhouses in London Under $500K

Median $439K · 20 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $351K mortgage.

Based on $439K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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