Moving to London Ontario: Your Complete 2026 Relocation Guide

If you're considering a move to London, Ontario, here's the short answer: you're looking at a mid-sized city with affordable housing compared to the GTA, two major post-secondary institutions, a strong healthcare sector, and neighbourhoods that range from historic tree-lined streets to brand-new master-planned communities. As a London REALTOR® with Century 21, First Canadian, I've helped dozens of families make this exact move — and I can tell you the opportunities here are real.

This guide covers everything you need to know before relocating to London, from housing costs and neighbourhoods to schools, transit, and the local job market.

Key Takeaways

• London's estimated population has surpassed 500,000 as of 2026, making it one of the fastest-growing cities in southwestern Ontario.
• The median home price in London sits around $625,000 as of mid-2026, roughly 30–40% below comparable properties in the Greater Toronto Area.
• Major employers include Western University (14,000+ employees), London Health Sciences Centre, and St. Joseph's Health Care London.
• The city offers 28 regular bus routes through London Transit, plus easy Highway 401 access for commuters heading east toward Toronto or west toward Windsor.
• Property taxes increased by 3.6% in 2026, and the cost of living remains well below Ontario's largest urban centres.

Why People Are Moving to London Ontario in 2026

London has quietly become one of the top relocation destinations in Ontario. The city sits along the Highway 401 corridor, roughly two hours west of Toronto, and offers a quality of life that's hard to match at this price point.

Most of the families I work with are relocating from the GTA — particularly from Toronto, Mississauga, and Brampton. They're drawn by more affordable mortgages, larger homes with actual yards, highly rated schools, and a pace of life that lets you breathe. London is large enough to have everything you need (hospitals, universities, shopping, dining, professional sports) but small enough that your commute doesn't eat your evenings.

The city's economy is anchored by healthcare, education, manufacturing, and a growing tech sector. Western University alone employs more than 14,000 people during peak academic periods, and London Health Sciences Centre is one of Canada's largest acute-care teaching hospitals. If you work remotely, London offers fast internet infrastructure and co-working spaces at a fraction of GTA rent.

London Ontario Housing Market: What to Expect in 2026

According to recent market data, London's median home price sits at approximately $625,000 as of mid-2026. The average home price in the London–St. Thomas market reached $662,292 in May 2026, reflecting a 0.9% year-over-year increase from May 2025, based on regional real estate board reporting.

Here's what that looks like by property type:

Detached homes remain the most popular choice for relocating families, with average prices hovering around $674,000. You'll find three- and four-bedroom detached homes with garages in established neighbourhoods for well under what a comparable property would cost in Mississauga or Oakville.

Townhouses offer strong value for first-time buyers and downsizers. New construction townhomes in south London developments like Summerside are launching around $399,900.

Condos and apartments provide an entry point for buyers looking to get into the market or investors seeking rental income in a city with a large student population.

The market has stabilized heading into the second half of 2026. Prices are holding steady rather than climbing steeply, which creates a favourable window for buyers who want to lock in value before the next cycle.

Best Neighbourhoods in London for New Residents

Choosing the right neighbourhood is the most important decision you'll make when relocating. Here are the areas I recommend most often to newcomers:

Byron

Byron has a village-within-a-city feel that newcomers fall in love with. Located in southwest London, it offers boutique shops along Byron's main strip, direct access to Springbank Park (one of London's largest and most popular green spaces), and strong schools including Byron Northview Public School. Homes here range from charming older bungalows to newer builds, and the community is tight-knit without being insular.

Hyde Park

If you're moving with kids and want newer homes, Hyde Park in northwest London is worth a serious look. This area has grown significantly over the past decade with modern subdivisions designed around families — sidewalks, playgrounds, community centres, and schools built right into the layout. It's also close to shopping and restaurants along Hyde Park Road.

Masonville

Masonville offers proximity to Western University, Masonville Place shopping centre, and a wide range of restaurants and services. It's a top choice for professionals and families who want convenience. The neighbourhood provides a mix of established homes and newer builds, with strong school options nearby.

Oakridge

Located in the northeast, Oakridge provides larger lots, mature trees, and excellent access to green space. The neighbourhood has ten schools from three school boards in or near its boundaries, including Oakridge Secondary School, which is well-regarded for its arts and athletics programs.

Sunningdale

For those looking at the upper end of the market, Sunningdale in northwest London offers estate-style homes, newer builds, and a picturesque setting near the Medway Valley Heritage Forest. Two elementary schools and two high schools serve the area, and the trails and parks make it a draw for families who value outdoor living.

Old East Village

If you prefer character and urban energy, Old East Village is London's arts and culture hub. This revitalized neighbourhood east of downtown features historic homes, independent shops, galleries, and a vibrant community spirit. Home prices here tend to be more accessible, making it appealing for first-time buyers and investors.

Schools and Education in London Ontario

London's school system is one of its biggest draws for relocating families. The city is served by four school boards:

The Thames Valley District School Board is one of the largest in Ontario, operating numerous elementary and secondary schools across the city with programs including French immersion and specialized learning pathways.

The London District Catholic School Board offers Catholic education with a range of elementary and high schools throughout London and Middlesex County.

Both boards also offer French-language education through Conseil scolaire Viamonde (public) and Conseil scolaire catholique Providence (Catholic).

Beyond K–12, London is home to Western University, a top-tier research institution with a student population of over 40,000, and Fanshawe College, which offers applied programs in health sciences, technology, business, and skilled trades. These institutions also drive a significant portion of the city's rental market and local economy.

Cost of Living: London vs. the GTA

One of the primary reasons families relocate to London is the cost of living. Here's how it breaks down for a single person renting in London:

The average monthly cost of living is approximately $3,589, which covers housing, transportation, groceries, and entertainment. Average monthly rent sits around $1,550 to $1,900 depending on the size and location of the unit. Grocery costs average roughly $482 per month, and utilities for a standard apartment run between $150 and $400 per month depending on the season and unit size.

For homeowners, the City of London's 2026 property tax increase came in at 3.6%. Middlesex County's residential property tax increase for 2026 is 3.87%, which translates to an additional $17.89 per $100,000 of assessed property value, according to the County's adopted 2026 budget.

Compared to Toronto, where average rents exceed $2,500 and home prices are well over $1 million, London delivers significantly more living space per dollar — with room left over for savings, vacations, or investing.

Getting Around London: Transit and Commuting

London Transit Commission (LTC) operates 28 regular bus routes, six express routes, four university and college routes during the academic year, and six community bus routes. Monthly transit passes are available for adults, students, and seniors.

For drivers, London's road network is straightforward and rarely experiences the gridlock that GTA commuters endure daily. Highway 401 runs along the city's south side, providing direct connections east to Kitchener-Waterloo, the GTA, and beyond, or west to Windsor and the U.S. border. Highway 402 connects to Sarnia and the Blue Water Bridge.

London also has a regional airport (London International Airport, YXU) with flights to major Canadian hubs. And for cyclists, the city has invested in expanding its cycling infrastructure, with the Thames Valley Parkway trail system running over 40 kilometres along the Thames River.

London's Parks, Recreation, and Lifestyle

This is where London really shines for families. The city has an extensive parks system, and four parks consistently stand out:

Springbank Park is the crown jewel — a massive riverside green space with trails, picnic areas, playgrounds, and Storybook Gardens, a family attraction that's been a London institution for decades.

Victoria Park sits in the heart of downtown and hosts festivals, concerts, and community events year-round, including Sunfest, one of Canada's largest free world music festivals.

Gibbons Park along the Thames River offers a quieter, more intimate natural experience with walking trails and scenic views, popular with runners and dog walkers.

Westminster Ponds is the top choice for serious hikers, with 10 kilometres of trails spread across nearly 200 hectares of protected wetland.

Beyond parks, London offers professional hockey (the London Knights, an OHL powerhouse), a thriving local food scene, farmers' markets, craft breweries, and a cultural calendar that keeps every season interesting.

Tips for a Smooth Relocation to London Ontario

After helping many families make this transition, here are the practical steps I recommend:

Start your home search 60–90 days before your move. The London market moves at a different pace than Toronto. You'll have more time to view properties and make decisions, but the best homes in popular neighbourhoods still move quickly.

Visit the neighbourhoods in person. Drive through Byron at 8 a.m. on a school day. Walk Hyde Park on a Saturday afternoon. Grab coffee in Old East Village. You can't feel a neighbourhood's energy from a listing photo.

Get pre-approved for your mortgage before you start looking. This is especially important if you're selling a GTA property and buying in London simultaneously. The price difference often means you can upgrade significantly — but you need your numbers confirmed first.

Connect with a local REALTOR® who knows the market. A London-based agent will give you insights no online search can match — which streets flood, which builders have the best reputations, where the next wave of development is heading.

Frequently Asked Questions

Is London Ontario a good place to live in 2026?

London consistently ranks as one of the best mid-sized cities in Canada for quality of life. With a population exceeding 500,000, affordable housing relative to the GTA, strong schools, major healthcare facilities, and an extensive parks system, it offers an excellent balance of urban amenities and livability. Contact Gloria Roman at (647) 883-7135 to learn what's available in your price range.

How much does it cost to buy a home in London Ontario?

As of mid-2026, the median home price in London is approximately $625,000. Detached homes average around $674,000, while new construction townhomes can start in the low $400,000s. Prices vary by neighbourhood, with established areas like Byron and Masonville commanding premiums and newer developments offering more competitive pricing.

What are the best neighbourhoods in London Ontario for families?

Byron, Hyde Park, Oakridge, Sunningdale, and Masonville are consistently recommended for families due to their strong schools, parks, and community amenities. Each offers a different lifestyle — from Byron's village charm to Hyde Park's modern, purpose-built family feel.

How far is London Ontario from Toronto?

London is approximately 190 kilometres southwest of Toronto, about a two-hour drive via Highway 401 under normal traffic conditions. London International Airport (YXU) also offers flights to Toronto and other major Canadian cities.

What are the major employers in London Ontario?

London's economy is driven by healthcare (London Health Sciences Centre, St. Joseph's Health Care), education (Western University with 14,000+ employees, Fanshawe College), manufacturing, financial services, and a growing technology sector. The city also serves as a regional commercial hub for southwestern Ontario.

Ready to Make the Move to London Ontario?

If you're considering relocating to London, I'd love to help you find the right neighbourhood and the right home for your family. I've been helping buyers navigate this market since 2018, and I know the streets, the schools, and the communities that make London a great place to live.

Call me at (647) 883-7135, email romanofrealestate@gmail.com, or visit 519propertyfinder.com/contact to schedule a free consultation. Whether you're coming from Toronto, another province, or another country, I'll make sure your move to London is smooth, informed, and exciting.

— Gloria Roman, REALTOR® | Century 21, First Canadian | Master Certified Negotiation Expert (MCNE)