Housing
Housing information is supplied by Royal LePage on a quarterly basis and on a yearly basis by the Canadian Mortgage Housing Corporation (CMHC)
Housing Availability and Costs
The average starter house price in London is significantly lower than comparable regions in Ontario and outside the province, with the average price of a standard two-storey home at $196,500. The average cost for an executive detached two-storey home in London is $255,700.
London's old residential community is divided into four segments: Old North, Old South, Central and London East. Old North and Old South both contain tree-lined streets with stately homes.
| Bungalow | Exec. Two Storey | Luxury Condo Apt. | Std. Two Storey | Senior Executive | Std. Town House | |
|---|---|---|---|---|---|---|
| Burlington | 295,500 | 420,000 | 395,000 | 335,000 | 545,000 | 215,000 |
| Don Mills |
483,500 | 670,000 | - | - | - | 270,000 |
| London | 202,500 | 268,500 | 212,500 | 208,400 | 402,700 | 133,900 |
| Markham | 425,000 | 460,000 | 345,000 | 425,000 | 545,000 | 300,000 |
| Mississauga | 327,500 | 372,000 | 278,500 | 311,000 | 511,500 | 226,000 |
| Oakville | 300,000 | 415,000 | 345,000 | 325,000 | 650,000 | 237,000 |
| Ottawa - West | 282,500 | 357,500 | 325,000 |
310,000 | 400,000 | 253,500 |
More Information on London's Housing (PDFs)
Housing and Rental Information
Maclean's Magazine
fDi Magazine
EDCO
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