Cheap homes for sale in St. Thomas, Ontario. Every one under $400K.
Houses, semis, townhouses and condos under $400,000, live from the MLS and updated every 5 minutes.
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Listings from the MLS® System, updated every few minutes. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA. Information is deemed reliable but not guaranteed. Each listing is shown courtesy of its brokerage.
- Every brokerageThe full MLS for London, St. Thomas and area, not just our listings.
- Fresh every 5 minutesNew homes show up here as soon as they hit the market.
- Browse freelyNo account, no sign up. Save homes when you're ready.
- Local people, real answersMackenzie and Dan, RE/MAX Centre City. Call or text any time.
Cheap homes for sale in St. Thomas, Ontario
St. Thomas is one of the last places near London where homes under $400,000 come up every week. This page shows every one of them in the city, from every brokerage, live from the MLS and refreshed every 5 minutes. No sign up needed to look.
Where the lower prices are
Most homes at this price are older houses and semis in and around downtown St. Thomas, and post war bungalows in neighbourhoods like Pinafore Park. Townhouses and condos across the city can also come in under $400K. Looking in London too? See homes under $400K in London.
Buying a home under $400K in St. Thomas
Yes. Homes under $400K in St. Thomas are mostly older detached houses, semis, post war bungalows, townhouses and some condos. The number at the top of this page is live, so it shows exactly how many are for sale today.
Usually a smaller or older house, a semi, a townhouse or a condo. That's often more house than the same money buys in London, which is a big reason buyers look here. Townhouses and condos have monthly fees, so count those in when you compare.
A few things can help. A First Home Savings Account (FHSA) lets you save up to $8,000 a year, $40,000 in all, tax free toward your first home. The RRSP Home Buyers' Plan lets you borrow up to $60,000 from your RRSP. First time buyers in Ontario can get up to $4,000 of the land transfer tax refunded, and St. Thomas has no city land transfer tax on top.
For an older house, get an inspection and look hard at the roof, furnace, windows, electrical and the basement. For a condo or townhouse, read the status certificate: it shows the fees, the reserve fund and any special assessments coming. Homes listed "as is" or as estate sales can be good value, but expect to do some work.
Tap Get new listings and we'll text you the moment a home under $400K in St. Thomas hits the market. Good ones at this price often sell in days, so being first matters.
- Every brokerageThe full MLS for St. Thomas, not just our listings.
- Fresh every 5 minutesNew homes under $400K show up here as soon as they list.
- Browse freelyNo account needed to look. Save homes when you're ready.
- Local people, real answersMackenzie and Dan, RE/MAX Centre City. Call or text any time.
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