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City in Ontario

Townhouses for sale in London

Name: HOMEH Market Pulse — London closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 428 townhouses for sale in London today, with a median asking price of $499,900 (-17% vs. all homes in London). 33 are freehold townhouses, 395 are condo townhouses and 71 are new townhouses. The most active neighbourhoods are London North, London South and London East.

suburban affordable family-friendly

422,324 people lived in London at the 2021 Census, in 174,660 households. 58% of households owned their home and 42% rented. The most common homes were single-detached houses (49%) and apartments in buildings of five or more storeys (22%). 52% of homes were built before 1981, and 11% since 2011. 86% of commuters went to work by car and 6% by public transit.

Population of 422,324

London, Ontario

London Townhomes for Sale

Day to dayLivability

Walkability

out of 100 · averaged over 242,364 past and present listings

Average walk score reported on listings here

5.6

Schools near listings

out of 10 · averaged over 242,364 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$599,900

16% below Ontario

In London

$599,900

In Ontario

$716,900

Median monthly rent

$2,200/mo

12% below Ontario

In London

$2,200

In Ontario

$2,499

$466

Per square foot

≈ 22.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

2,191

Median $599,900

Houses 1,502 · Condos 690

For rent

660

Median $2,200

Houses 375 · Condos 284

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to provincial median prices
Variety of housing types available
Many parks for outdoor activities
Active rental market

Keep in mind

Walkability score is low at 21
Limited public transit options

The feel of the placeLifestyle

Daily life in London is suburban with access to parks and some amenities. The area is suitable for those who enjoy a quieter environment.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

420.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

277

Parks

233

Playgrounds

Transit stations

Grocery stores

290

Restaurants

122

Cafés

Gyms

Libraries

Pharmacies

Counted across all 420.5 km² of London. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.4/10

Average rating of the 109 rated schools in this area

131

Elementary

Secondary

Orchard Park Public School
Public · Grades JK–8 · Thames Valley DSB
10.0/107.7 over 5 yrs
1st of 3,045 Ontario elementary schools
305 students · EQAO 2024-2025
Masonville Public School
Public · Grades JK–8 · Thames Valley DSB
9.2/109.0 over 5 yrs
68th of 3,045 Ontario elementary schools
755 students · EQAO 2024-2025
Jack Chambers Public School
Public · Grades JK–8 · Thames Valley DSB
9.1/109.0 over 5 yrs
77th of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
Old North Public School
Public · Grades JK–8 · Thames Valley DSB
9.1/108.0 over 5 yrs
77th of 3,045 Ontario elementary schools
465 students · EQAO 2024-2025
John Dearness Public School
Public · Grades JK–8 · Thames Valley DSB
9.0/108.0 over 5 yrs
91st of 3,045 Ontario elementary schools
280 students · EQAO 2024-2025
London Central Secondary School
Public · Grades 9–12 · Thames Valley DSB
8.7/108.8 over 5 yrs
33rd of 742 Ontario secondary schools
955 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside London, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

422,324

Population (2021)

420.5 km²

Area

1,004

People per km²

40.2

Median age

$85,869

Median income

58%

Own their home

2.5

People per household

174,660

Households

Every age

Children (under 15)16.3%
Working age (15–64)65.9%
Seniors (65+)17.8%

What is built here

Detached houses48.8%
Semi-detached3.4%
Townhouses13.3%
Duplexes2.5%
Low-rise apartments10.2%
High-rise apartments21.5%

Own or rent

58%Owners

42%Renters

Across 174,660 households

When it was built

Mostly 1961–1980

1960 or earlier22%
1961–198030%
1981–199014%
1991–200011%
2001–20055%
2006–20106%
2011–20155%
2016–20216%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

24.8%
Born outside Canada: 29.1%
Hold a degree or higher: 53.6%
Employment rate: 5.8%
Commute by transit: 86%
Commute by car: 1.8
Children per family: $75,466
Median income after tax: $100,171
Average household income: 14%
Living on a low income: $1,319/mo
Renters pay, per month: $1,292/mo
Owners pay, per month: $549,751
Median home value at census: 33.9%
Renters spending 30%+ of income on housing: 12.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 570 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Townhouses only Through September 2026 Deep sales history

What Townhouses in London Sell For

798 townhouses changed hands in London over the 12 months to September 2026. Half sold above $455,288 and half below, 7.1% lower than the 12 months before. A typical townhouse found its buyer in 37 days — 7 days slower than a year ago.

Median sold price: $455K; -7.1% year over year
Days to sell: 37; 7 days slower
Sales closed: 798; last 12 months
Per square foot: $321; from 796 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one townhouse here differs from the next.

$741K$592K$442K$293K

Feb ’24Dec ’24Nov ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$974,400

on a $1,000,000 asking price — under ask by $25,600

−10%Asking price+10%

Of the asking price: 97.4%
Sold over asking: 10.5%

From 798 sales that closed here in the last 12 months.

Rent or buy in London

15.2 years

of rent, at the going rate here, adds up to what a townhouse here costs.

Median sold price

$455,288

798 sales

Median rent

$2,488/mo

493 leases

Gross rental yield

6.56%

before costs

Both figures come from deals that actually closed in London over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in London

A single median hides this: the mix of townhouses behind it, and what each kind costs.

798sales

Condo town$442K91.2%
Freehold town$595K8.8%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — London, sales

Monthly closed sales in London
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	64	$480,252	$388K – $648K	33	97.5%
Aug 2026	52	$390,000	$343K – $500K	28	97.5%
Jul 2026	85	$460,294	$359K – $635K	37	97.4%
Jun 2026	90	$432,589	$370K – $614K	45	97.4%
May 2026	100	$462,094	$360K – $634K	33	97.5%
Apr 2026	92	$447,565	$369K – $582K	37	97.2%
Mar 2026	63	$484,990	$380K – $636K	31	97.5%
Feb 2026	62	$467,355	$385K – $630K	32	98.1%
Jan 2026	43	$463,614	$350K – $635K	55	98.0%
Dec 2025	50	$491,100	$365K – $635K	43	97.1%
Nov 2025	47	$472,657	$395K – $620K	39	96.5%
Oct 2025	50	$412,500	$357K – $493K	34	97.4%
Sep 2025	36	$508,726	$439K – $574K	28	97.8%
Aug 2025	64	$455,113	$380K – $645K	32	97.5%
Jul 2025	68	$494,059	$398K – $679K	30	98.0%
Jun 2025	74	$459,500	$407K – $579K	27	97.6%
May 2025	72	$520,208	$417K – $645K	26	97.5%
Apr 2025	84	$511,583	$428K – $650K	21	98.4%
Mar 2025	76	$515,829	$400K – $625K	25	98.3%
Feb 2025	70	$501,500	$413K – $590K	27	98.4%
Jan 2025	58	$480,000	$401K – $575K	39	97.9%
Dec 2024	58	$498,966	$398K – $660K	45	98.2%
Nov 2024	72	$487,500	$414K – $555K	38	97.5%
Oct 2024	87	$457,145	$384K – $665K	32	97.9%
Sep 2024	81	$482,407	$392K – $610K	27	98.0%
Aug 2024	74	$491,230	$406K – $664K	32	98.3%
Jul 2024	89	$528,847	$413K – $649K	34	98.2%
Jun 2024	113	$546,707	$425K – $710K	26	98.8%
May 2024	146	$495,377	$420K – $685K	38	99.0%
Apr 2024	102	$513,235	$430K – $680K	41	98.8%
Mar 2024	67	$482,994	$403K – $645K	46	98.4%
Feb 2024	18	$438,559	$324K – $548K	37	99.3%

What people ask about London

How much does a townhouse cost in London?

Townhouses in London sold for a median of $455,288 over the 12 months to September 2026, across 798 closed sales — half sold for more and half for less. That is 7.1% lower than the 12 months before it.

How long does it take to sell a townhouse in London?

A townhouse in London took a median of 37 days on the market over the 12 months to September 2026. Townhouses there closed at 97.4% of the asking price on average, with 10.5% selling over asking.

How much is rent for a townhouse in London?

The median townhouse lease in London closed at $2,488 a month over the 12 months to September 2026, across 493 leases.

Is it cheaper to rent or buy a townhouse in London?

A townhouse in London costs about 15.2 years of the rent on one — the median price of $455,288 against a median rent of $2,488 a month, a gross yield of 6.56%. The shorter that number, the closer buying is to renting before financing costs.

What kind of townhouses sell in London?

Over the 12 months to September 2026 the mix in London was condo town (91.2% of sales, median $441,852) and freehold town (8.8% of sales, median $595,026).

Compiled by HOMEH from sales reported closed in London on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one townhouse. Not an appraisal or an opinion of value.

Questions, answered

Common questions about townhouses for sale in London

How much is a townhouse in London?

The median asking price of the 428 townhouses for sale in London is $499,900, from $125,000 to $949,900. By type, the median is $489,900 for condo townhouses and $579,900 for freehold townhouses.

All homes for sale in London

Are there new townhomes for sale in London?

Yes. 71 of the 428 townhouses for sale in London are new construction.

New construction homes in London

Keep looking

More Homes for Sale in London

2,191 homes are for sale in London. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance