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The average home prices in London are significantly lower than in Toronto and other cities in Ontario and outside the province. The average price of a detached bungalow is $241,800. A standard two-storey home costs about $250,300, a luxury condominium apartment is $271,300, and standard townhouse is $178,200. For more information please visit www.ledc.com.
Rents are also lower than in Toronto and other Ontario cities.  A bachelor apartment is about $533 a month, a one-bedroom is $710, a two-bedroom is $881, and a three-bedroom apartment is $1,053 a month.