Are condo fees in London, Ontario usually worth it?

It depends on what's included (utilities, amenities, building maintenance) and how well-managed the reserve fund is. An agent can pull the condo documents so you can see exactly what you're paying for.

Is it harder to get financing for a condo than a house?

Lenders sometimes look more closely at building financials and reserve fund status for condos, but this is usually manageable with a normal mortgage pre-approval.

Which is a better investment in London, a condo or a house?

It depends on your budget, timeline and the specific building or neighbourhood. New construction condos and resale houses have both appreciated in different areas of London, so it's worth comparing recent sales data for each.

Condo vs. house: which fits your London, Ontario budget

Buyers new to London, Ontario, or moving between housing types, often need help weighing a condo purchase against a freehold house. The math is not just purchase price: condo fees, reserve fund health, parking and locker availability, and building rules all factor in differently than a house's property taxes and maintenance costs.

Agents who sell both new-construction condos and resale houses can walk through the trade-offs specific to London's market: downtown and near-campus condo buildings versus family homes in areas like Hyde Park, Lambeth, or Summerside.

Condo fee and reserve fund review alongside purchase price
Comparison of maintenance responsibility and long-term costs
Guidance on which London areas suit condo living versus house living

What it costs

There is no separate fee for this guidance since it's part of a buyer's agent's normal work. The real cost comparison is between ongoing condo fees plus lower maintenance versus a house's property taxes, utilities and repair costs, which agents can walk through using specific listings.

Top 3 by our score

Ranked from our published scoring of public Google reviews for new construction & condo sales.

1. Team Glasser Real Estate Brokerage Inc.
4.9★ · 292 reviews

93
2. Prime Real Estate
5.0★ · 136 reviews

92
3. MULLIGAN REALTY GROUP
5.0★ · 135 reviews

92

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FAQ

Are condo fees in London, Ontario usually worth it?: It depends on what's included (utilities, amenities, building maintenance) and how well-managed the reserve fund is. An agent can pull the condo documents so you can see exactly what you're paying for.
Is it harder to get financing for a condo than a house?: Lenders sometimes look more closely at building financials and reserve fund status for condos, but this is usually manageable with a normal mortgage pre-approval.
Which is a better investment in London, a condo or a house?: It depends on your budget, timeline and the specific building or neighbourhood. New construction condos and resale houses have both appreciated in different areas of London, so it's worth comparing recent sales data for each.

Enquiries you submit through our forms may be shared with partner providers who can carry out the work, and we may receive a referral fee. Our rankings and scores are based on our published method alone and are not influenced by referral fees.