Mimico Real Estate is Toronto’s West End hidden gem. From its beautiful lake views to its small town feel, the area is often referred to as “The Beaches West”.
There are lots of reasons people are choosing to call Mimico home and invest in Mimico real estate. Situated within close proximity to downtown, the area boasts a variety of transit options including Go Transit, the TTC, easy access to the Gardiner Expressway and an extensive network of walking and cycling trails.
With an eclectic mix of old charm and modern amenities, the neighbourhood is popular with young professionals, families and retirees alike. Mimico is walking distance to exceptional dining options and shops. Despite its proximity to the core, the area offers a variety of green space and outdoor highlights such as waterfront trails, parks, swimming pools and skating rinks.
While Mimico real estate prices continue to rise, the area is still relatively affordable. The average house price in 2015 for Mimico is just under $700,000 with the entry level in the mid $400’s and the high $3.5 million for a luxurious waterfront property.
All in all, Mimico’s charm and unbeatable location makes it a community to keep an eye on.