Townhouses are the middle rung of the London housing ladder. Here is where that rung sat in November 2026. Freehold townhouses were listed at a median of $577K and condo townhouses at $429K. 182 townhouses changed hands in the last 90 days.
Freehold vs condo townhouse in London
Freehold
$577Kmedian asking
32 listed
Sold, 90 days: $582K
No condo fee
Condo townhouse
$429Kmedian asking
257 listed
Sold, 90 days: $390K
Fee about $380/mo
A freehold townhouse in London is listed for about $148K more than a condo townhouse at the median. At the median condo fee, that gap equals roughly 33 years of fees, a useful way to judge whether the cheaper price really is cheaper over the time you plan to stay. On a mortgage with 20% down, the gap adds about $657 a month (illustrative 4.49% rate, 25 years).
What your budget buys in London
Set your budget first, then see what it gets you: the number of townhouses listed in each band and the bedroom count that is typical there.
| Budget | Townhouses listed | Typical size |
|---|---|---|
| Under $600K | 335 | 3 bed |
| $600K to $800K | 33 | 3 bed |
| $800K to $1M | 2 | 3 bed |
Townhouse sales in London: last 90 days vs a year ago
| Last 90 days | Same period last year | |
|---|---|---|
| Townhouses sold | 182 | 146 |
| Median sale price | $450K | $465K |
| Sale-to-list | 97.5% | 97.6% |
| Sold over asking | 13% | 7% |
| Days on market | 31 | 31 |
The median townhouse sale in London is down 3.2% from a year ago, on up 25% from the number of sales.
Neighbourhood price ladder
From the lowest typical asking price to the highest, for London neighbourhoods with at least three townhouses listed. North I is the most affordable entry point this month.
| Neighbourhood | Typical ask | Listed |
|---|---|---|
| North I | $454K | 18 |
| South U | $470K | 25 |
| North P | $477K | 14 |
| South B | $499K | 18 |
| North M | $520K | 21 |
| South V | $548K | 20 |
| North S | $572K | 20 |
| South W | $585K | 15 |
Townhouse checklist
- Compare the full monthly cost, not just the price: mortgage, property tax and any condo or POTL fee together.
- On a condo townhouse, read the status certificate before you firm up. It shows the reserve fund, upcoming work and any special assessments.
- End units, garages and finished basements carry a premium. Decide which ones matter to you before you start viewing, so you compare like with like.
- If your complex has a recent status certificate, have it ready. Condo townhouse buyers almost always make their offer conditional on it.
Townhouse market watch: other cities
Townhouse buyers ask
Is a freehold townhouse more expensive than a condo townhouse in London?
In November 2026 freehold townhouses were listed at a median of $577,450 and condo townhouses at $429,000. Condo townhouses also carry a monthly fee.
What did townhouses sell for in London recently?
The median townhouse sale over the last 90 days was $450,000 across 182 sales.
Which London neighbourhood has the cheapest townhouses?
North I, with a typical asking price of $454,450.
Asking prices come from the townhouses for sale on Townhouse Connect on November 1, 2026. Sales figures are totals of MLS® townhouse sales in London for the 90 days to that date and the same 90 days a year earlier. Payment figures are illustrative, not a mortgage offer.
Townhouses for sale in London right now
Live listings from the area this article covers.
$1,299,00084 London Street, Toronto3 bed · 2 bath · AnnexCourtesy of ROYAL LEPAGE ESTATE REALTY
$599,90087 - 19 London Green Court, Toronto3 bed · 2 bath · Glenfield-Jane HeightsCourtesy of EXP REALTY
$549,90071 - 240 LONDON Road W, Guelph3 bed · 3 bath · Exhibition ParkCourtesy of RE/MAX Real Estate Centre Inc
$999,0002 - 25 Dervock Crescent, Toronto4 bed · 4 bath · Bayview VillageCourtesy of HOMELIFE NEW WORLD REALTY INC.
$1,618,00031 Lord Durham Road, Markham4 bed · 4 bath · UnionvilleCourtesy of SMART SOLD REALTY
$799,99914 Garneau Street, Vaughan3 bed · 2 bath · Vaughan GroveCourtesy of THE FORTUNE REALTY