Mimico

Why you'd want to live in Mimico

Mimico is a neighbourhood and a former municipality in Toronto, Ontario, Canada, being located in the south-west area of Toronto on Lake Ontario. It is in the south-east corner of the former Township (and later, City) of Etobicoke, and was an independent municipality from 1911 to 1967. Mimico is the oldest of the former Lakeshore Municipalities. The Town of Mimico was established by a plan of sub-division in 1856, but was not sub-divided from the former Township of Etobicoke until 1911. The land area of Mimico originated mainly from three family farms, namely: Stock Estate (North of Portland), Hendry Estate (between Royal York and Queens Ave), Van Every Estate (between Royal York Rd and Dwight Ave). Mimico was an independent municipality until 1967, when it was amalgamated into the new Borough of Etobicoke (later, City of, in 1984), which was itself amalgamated in 1998 into the current city of Toronto. Today, Mimico is primarily a residential area with two commercial strips; one along Royal York Road and the other along Lake Shore Boulevard West, parallel to the shoreline (from Louisa Avenue to Allen Avenue). There is also a former commercial strip along Mimico Avenue connecting Royal York Road and Lake Shore Boulevard West. Some areas of industrial use exist along the railway corridor. In early 2012, Toronto Life magazine ranked Mimico first on their "Where to Buy Now" list of Toronto neighbourhoods via Wikipedia

Mimico Toronto Etobicoke

Mimico Market Report

$947,549

AVERAGE PRICE OF 306 HOMES

$1,897,740

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$725,700

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $947,549
Avg Bedrooms 1.67 beds
Avg Bathrooms 1.7 baths

Average Price by Bedrooms

1 bedroom $625,671
2 bedrooms $907,980
3 bedrooms $1,823,906
4 bedrooms $1,995,000
5 bedrooms $4,688,000
Total Homes Average Price Avg Days on Site
All Homes 306 $947,549 30 days
Newly Built Homes n/a n/a n/a
Homes with a Pool n/a n/a n/a
Multi-Million Dollar Homes 37 $1,897,740 46 days
Reduced Price Homes 4 $725,700 55 days
Distressed Homes n/a n/a n/a