There are many reasons why Londoners love this City. London Ontario offers so much to it’s residents, from arts and culture to sports, entertainment and theatre; this city truly has something for everyone! The much loved Forest City offers great neighbourhoods, amazing restaurants, an array of shopping malls and stores, exceptional educational facilities, Victoria Park, Covent Garden Market, Budweiser Gardens and more. One of the best things about living in London is the opportunity to attend the 39 festivals held throughout the year. The location can’t be beat as we are not only close to the boarder but within a short drive to two of our Great Lakes.
If all of that isn’t enough; we want to share one more fabulous thing about London. As Realtors in this beautiful forest city we are pleased to share with you that this city is one of the few major cities in Ontario where home ownership is affordable for everyone! According to the latest statistics from the Canadian Real Estate Association, homes in the London St. Thomas Association of Realtors district remain the most affordable when compared to other major cities in Ontario. Let’s look at the cost of the average home in these major cities;
Toronto – $547,757
Hamilton – $403, 908
Kitchener-Waterloo – $342,274
Ottawa – $349,407
LONDON – $248, 966
It should also be noted that the National average home in Canada costs $390,554.
Whether you are breaking into the market as a first time home buyer or upgrading homes, let us assist you in making your move! We are always happy to answer any real estate related questions. Feel free to contact us at 519-601-1160
