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New Listings in Mimico, Toronto

New Listings in Mimico, Toronto

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Mimico Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$934,600
Difference over last year (%)
-4.6

Mimico

The neighbourhood of Mimico can be found in the city of Toronto, Ontario, which is located in the Greater Toronto Area metropolitan area.

Transportation

No matter the means of transportation, it is reasonably simple to move around in this area. With Mimico with access to the Lakeshore West, and about 10 nearby bus lines, the transit service in Mimico is good. Mimico is also moderately suitable for those who travel as pedestrians; many daily errands can be run without the need to use a car. Mimico is rather conducive to bicycling.

Services

It is very often possible for property owners in this part of the city to buy groceries on foot. In addition, there are a good number of choices for those who appreciate nearby restaurants and cafes. It is also convenient to access a number of clothing stores as a pedestrian. Concerning education, it is a very short stroll to reach primary schools and daycares from any location in this part of Toronto. In contrast, parents may consider it difficult for their kids to get to high schools as pedestrians.

Character

Mimico offers a calm environment and will appeal to those who enjoy spending time outdoors. This neighbourhood is reasonably good for those who like quiet surroundings, as the streets tend to be quite calm - although that is not the case closer to the railway line or F G Gardiner Expressway. Lastly, greenery is prominent in this part of Toronto; parks, such as Humber Bay Park West, are very well-spread out and there are around 40 of them close by for residents to enjoy, which makes them very easy to access. Moreover, residents will find that the majority of streets have reasonably good tree coverage.

Housing

In Mimico, about one third of dwellings are small apartment buildings, but large apartment buildings and single detached homes are also present in the housing stock. This neighbourhood is primarily composed of two bedroom and one bedroom homes. About 60% of the population of this neighbourhood rent their home and the remainder are owners. Roughly 45% of properties in this part of Toronto were constructed prior to the 1960s, while the majority of the remaining buildings were built in the 1960s and the 2000s.