Located in the southwestern part of Toronto city, Mimico rests along Lake Ontario. It was previously an autonomous municipality before getting merged into Etobicoke in 1967. This former city is an ideal place for individuals who want to live out of the rush of Downtown Toronto.
The neighbouring places include Dwight Avenue on the west, Evans Avenue on the north, plus the Mimico Creek on the east. Lastly, Lake Ontario is on its south. This neighbourhood has been known as one of the rising districts of Toronto for years.
Further, Mimico Toronto is a working-class suburb with a diversified population and a vast choice of housing options. Certainly, the condos for sale in Mimico have world-class facilities with amazing lakeshore vistas for the respective owners. Whether you want to live alone or with family, Mimico is the best option with low crime rates.
The most prevalent housing type of Mimico Toronto is condo townhomes, single detached homes, and new condominium towers. Currently, one-bedroom options are in the growing trend of the new condo developments. In addition, the city has a high possession rate, with 64% of residents owning their property vs. 36% putting them at rent. The population is estimated at 26,550 people, while it is growing due to the various condo construction bringing a fresh start to the locality. Many people between the ages of 25 and 64 live here.
The area has a strong sense of community, thanks to multiple educational institutions, businesses, churches, etc. Part of the Mimico sits along the waterfront of Humber shore that has a bulk of condo development. You can stroll in several parks such as Humber Bay Park, on coastlines, and walking trails.
The two central commercial districts, Royal York Rd as well as Lake Shore Boulevard, are a short distance from the area. These retail zones offer all that your heart desires, including a wide range of small, local stores, eateries, bars, etc. You can consider them as the wealth of natural beauty, green space, and business services too. Queensway that goes from the Humber River is nearby and has many dining and entertainment options. Sherway Gardens is just about 10 minutes away. Here, you will find a wide array of retail stores.
New condos in the Mimico area boast a long list of high-end amenities. The condos vary from 1000 sq ft to 3000 sq ft with special prices. The elegant design with modern layouts make Mimico condominiums unique. The overall finish of today’s new condo development is simply remarkable. Most of the new condos in Mimico have easy access to the Bloor subway line and GO train stations. Public transit options, streetcars are always available here. The Gardiner Expressway/QEW, Highway 427 are all easy to reach for commuters.
The latest pre-construction condos here include :
Every development of Mimico has endless benefits. Join us to get platinum access to the promotional materials of any new building in the area. Receive updates about all the listings, average sale prices, real estate news, and other sale-related information.