London Homes for Sale

About London

London is in Southern West Ontario, home to about 366,000 residents. Spanning over 162 square miles, London is the tenth largest city in Canada, divided into Central and Downtown and North and South neighbourhoods. The city is rich in culture, attracting sports enthusiasts and hosting numerous musical festivals contributing to the tourism industry.

London has a festival for all interests, including the London Fringe Theatre Festival, International Food Festival and Rock the Park music festival. Check out their natural parks, River Thames, Oxford, and Covent Garden Market, or visit one of their many museums. You can then head to Richmond Row for a fun nightlife scene, which includes various bars and restaurants.

London is the perfect mixture of culture and business. In addition, it has a strong economy focused on healthcare, insurance, research, and information technology. As a result, London is an ideal location for professionals, college students and families.

London - Land Transfer Tax

When purchasing a property in London, you’ll have to pay the Ontario Land Transfer Tax, which is due upon closing. There is no municipal transfer tax. If you’re a first-time home buyer, you could be eligible for a rebate to a maximum of $4,000. See below for Ontario Land Transfer Tax rates.

Ontario Land Transfer Tax

Purchase PriceRate
$0 - $55,0000.5%
$55,000.01 - $250,0001.0%
$250,000.01 - $400,0001.5%
$400,000.01 - $2,000,0002.0%

Land Transfer Tax Calculator

Provincial tax$6,475
Municipal tax$0
Total land transfer tax$6,475

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