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What Is the Cheapest Area to Buy a House in London, Ontario?

  • jskrypnyk
  • 6 days ago
  • 2 min read

If you’re buying your first home or looking for value in London, one question comes up immediately:“What is the cheapest area to buy a house in London?”London has several neighbourhoods where affordability, convenience, and long-term value come together.

Here’s a clear, up-to-date breakdown based on 2025 market data.


1. White Oaks — Best Overall Affordability

White Oaks remains one of the most budget-friendly neighbourhoods in the city.You’ll find:

  • Semi-detached homes

  • Townhomes

  • Condos

  • Detached homes under many other neighbourhoods’ prices

Perfect for first-time buyers who want space, amenities, and access to the 401.


2. East London — Strong Value & Central Access

East London offers some of the lowest price per square foot in the city.Typical buyers here include:✔ First-time buyers✔ Young professionals✔ Investors

It’s also improving year by year thanks to infill development and renovation projects.


3. Southcrest & Manor Park — Affordable, Close to Downtown

This pocket offers tremendous value with older homes that often have great bones.Solid options include:

  • Affordable bungalows

  • Townhome complexes

  • Fixer-uppers with potential

A great choice for buyers wanting quick access to downtown and Westmount.


4. Huron Heights — Family-Friendly & Budget-Friendly

Huron Heights offers:

  • Spacious lots

  • Affordable detached homes

  • Strong rental demand from students & young families

  • Lots of parks and schools

It’s one of London’s most stable “affordable” neighbourhoods.


5. Argyle — Growing Popularity + Good Prices

Argyle has seen revitalization with new businesses and amenities.Buyers love:

  • Lower home prices

  • Community feel

  • Easy access to Veterans Memorial Parkway

  • Full-service shopping nearby


Bottom Line

London still offers excellent affordability — you just need to know where to look.Whether you’re starting out, investing, or downsizing, there’s a strong value neighbourhood waiting for you.


If you’d like me to help match your budget to the best neighbourhoods, I’d love to walk you through the options.


Justin Skrypnyk

Real Estate Broker

519-639-5176


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