Mimico Homes For Sale


Mimico real estate is West Toronto’s hidden gem. From its beautiful lake views to its small town feel, the area is often referred to as “The Beaches West”.

There are many reasons people are choosing to call Mimico home and invest in Mimico real estate. With an eclectic mix of old charm and modern conveniences, this neighbourhood is popular with young professionals, families and retirees alike.

Mimico is walking distance to exceptional dining options and boutique shops. Despite its proximity to the core, this neighbourhood offers plenty of green spaces and outdoor amenities including waterfront trails, parks, swimming pools and skating rinks. Humber Bay Park offers panoramic views of the Toronto skyline and is a favourite destination for picnicking, jogging and birdwatching.

Mimico boasts a rich history dating back to the early 19th century when it was primarily a fishing village. Today, echoes of its past can still be found in the quaint, winding streets lined with Victorian and Edwardian-style homes, exuding an undeniable charm that captivates residents and visitors alike. The neighbourhood’s architectural diversity adds character and allure, offering a picturesque backdrop for daily life.

At the heart of Mimico’s appeal is its vibrant community spirit, fueled by a rich tapestry of cultures, traditions, and identities. From longstanding residents who have called Mimico home for generations to newcomers drawn to its welcoming embrace, the neighbourhood prides itself on its diversity and strong sense of community.

For investors seeking to capitalize on Toronto’s thriving real estate market, Mimico presents a compelling opportunity. The neighbourhood’s prime location, coupled with its strong rental demand and steady appreciation rates, make it an attractive destination for both seasoned investors and first-time buyers alike. Whether it’s a charming heritage home, a modern condominium, or a waterfront property with breathtaking views, Mimico offers a diverse range of real estate options to suit every taste and budget.

Real Estate Stats for Homes in Mimico

20192020202120222023
Average Sale Price$1,129,388$1,309,442$1,423,939$1,432,162$1,355,959
Percentage of List Price101%103%110%105%101%
Number of Homes Sold110108134130127
Average Days on Market2314141419

Real Estate Stats for Condos in Mimico

202120222023
Average Sale Price$688,178$819,109$780,061
Percentage of List Price103%103%99.5%
Number of Condos Sold524797782
Average Days on Market182124

Commuting

Situated within close proximity to downtown, this area offers an impressive array of transit choices. From the convenience of the Mimico GO Station and the TTC to effortless access to the Gardiner Expressway, commuting couldn’t be easier. Additionally, a sprawling network of pedestrian-friendly pathways and scenic cycling trails further enhances the accessibility and charm of this vibrant neighbourhood.

 

Mimico GO Staion

Adjacent Neighbourhoods

New Toronto

The Queensway

Swansea

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