London WC1H Real Estate Market

As of May 2026, London WC1H, British Columbia is a Balanced market with 53 active listings and an average asking price of CAD $204,047.



The current market conditions in London WC1H reflect a modest inventory of 53 active listings, with an average asking price of CAD $204,047. Compared to the broader British Columbia market, this postal code shows a balanced supply‑demand dynamic, as reported by the BC real estate boards (CREA MLS®). While the sales‑to‑active‑listings ratio is not publicly disclosed for this specific area, the relatively low number of active listings relative to the province’s overall inventory suggests that buyers and sellers are operating in a market with neither a pronounced seller advantage nor a buyer advantage.



For buyers, the total cost of purchase in London WC1H will include the provincial Property Transfer Tax (PTT) and, if buying a new build, the Goods and Services Tax (GST) on the purchase price. Because London WC1H is not classified as a major urban centre, the Speculation and Vacancy Tax (SVT) does not apply, but buyers should still be mindful of potential strata fees if they are considering condominiums or townhouses, as these fees can add to the ongoing cost of ownership.



Investors in London WC1H should consider several BC‑specific regulatory factors. The Speculation and Vacancy Tax is not applicable in this postal code, but the federal Underused Housing Tax may affect properties that remain vacant for extended periods. Additionally, short‑term rental restrictions imposed by BC law limit the ability to operate high‑yield rental units, and the BC Tenancy Act sets strict limits on permissible rent increases, which can impact long‑term rental returns.