Condos for Sale in London
$1M – $1.5M

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in London this band: $1.05M · 56 active · avg 43 days on market.

Get the live list

56 active · median $1.05M

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Condos in London $1M – $1.5M

56 active · median $1.05M

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Median List Price

$1.05M

Active Listings

56

Avg Days on Market

43 days

YoY Change

-5.5%

6-Month Median Price Trend

Dec

$1.03M

Jan

$1.01M

Feb

$1.02M

Mar

$1.04M

Apr

$1.02M

May

$1.04M

What is the average condo price in London in 2026?

The benchmark price for a condo in London in 2026 is approximately $1.05M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 56 active listings, moving in an average of 43 days on market. Prices are down 5.5% year-over-year.

Is London a buyer's or seller's market right now?

London is currently a buyer's market for condos in this band. Listings are sitting 43 days on average and prices are 5.5% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in London

24+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Three rental properties later, IndiBrick is the only broker I send my clients to. Rental income offset done right.
Marco V., Investor, London

What $1.05M gets you in London.

Condos in London priced $1m – $1.5m are tracking against a CREA MLS® HPI benchmark of $342K for the london st thomas area. Within this band the median list comes in near $1050K — down 5.5% year-over-year. Active inventory is moving in roughly 43 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Old North, London

$1.03M

3 bed2 bath830 sqft
Wortley Village, London

$1.05M

2 bed2 bath810 sqft
Byron, London

$969K

3 bed2 bath570 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in London.

London Condo FAQ

What is the median price for condos in London $1m – $1.5m?

As of 2026-05-01, the median list price for condos in London priced $1m – $1.5m sits at approximately $1.05M based on active MLS inventory.

How many condos are currently for sale in London in this price range?

There are roughly 56 active condos for sale in London priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in London?

Condos in London priced $1m – $1.5m are averaging 43 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are London condo prices going up or down?

Year-over-year median condo prices in London (this band) are down 5.5%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in London?

On a $1.05M purchase with 20% down, you'd carry a mortgage of about $840K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $5,133 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 56 active, median $1.05M.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed London advisor within 1 business hour.

Condos in London $1M – $1.5M

Median $1.05M · 56 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $840K mortgage.

Based on $1.05M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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