Pre-Construction Homes in London, ON

~2 h 00 commute to downtown Toronto · ~$540/sq ft estimated corridor average

7 pre-construction communities in London, ON — condos, towns and detached homes. Register with Andy Nagpal for current pricing and availability.

London Pre-Construction Market

London is the undisputed regional hub of southwestern Ontario, and that role — more than any single statistic — is what's drawing GTA pre-construction buyers roughly two hours down Highway 401. It's close enough that a weekend drive back to Toronto is manageable, but far enough that new-build pricing sits well below what buyers see downtown, where pre-construction condo pricing is commonly quoted in the $1,000-to-$1,500-per-square-foot range. For buyers accustomed to Toronto pricing, London's new-construction market represents one of the largest cost gaps along the corridor west of the city.

London's population growth has been unusually strong for an Ontario centre its size. The 2021 census put the city at 422,324 residents, up 10 percent from 383,822 in 2016, a growth rate that made it Ontario's fastest-growing city and the fourth-fastest-growing metropolitan area in Canada at the time, according to Statistics Canada figures. City growth planning has pointed to the region potentially approaching 650,000 residents by 2051. That growth has been driven less by births than by people relocating from overseas and from elsewhere in Ontario and Canada, which supports sustained demand for both rental and owner-occupied housing.

Two institutions anchor the local economy and explain much of that demand. Western University enrolls more than 30,000 students and is home to the internationally ranked Ivey Business School, while Fanshawe College adds thousands more students across its London campuses, together supporting a large, recurring rental market near the university and along corridors like Richmond Street — though a recent wave of new purpose-built rental supply and tighter federal caps on international study permits have eased what had been an unusually tight student rental market through 2024 and 2025, a nuance investor-focused buyers should factor into their expectations. On the healthcare side, London Health Sciences Centre is the region's single largest employer and the teaching hospital serving all of southwestern Ontario; it is currently advancing an expansion of the Nazem Kadri Surgical Centre to add operating rooms, while St. Joseph's Health Care London is working through a multi-year Capital Master Plan for future redevelopment of its sites. Combined with a manufacturing base that has modernized rather than hollowed out, these three pillars — healthcare, education and manufacturing — give London a more diversified employment base than most cities at its distance from Toronto.

For GTA buyers, the appeal is straightforward: big-city amenities, a full-service hospital and university system, and a genuinely diversified job market, at new-construction pricing that remains a fraction of what the same buyer would pay in the GTA, with a commute that, while real, is manageable for anyone not tied to a five-day downtown Toronto office schedule.

Current London Communities

Call 226 666 9558 to talk to Andy Nagpal about London pre-construction opportunities.