Condos for Sale in Mimico, Etobicoke, ON

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Neighbourhood in Etobicoke

Mimico

family-friendly community-oriented urban diverse

Mimico is a vibrant neighbourhood in Etobicoke. It offers a mix of residential and recreational spaces near Lake Ontario.

Close to Lake Ontario Good schools and parks Diverse community Variety of housing options Accessible transit
Mimico, Etobicoke — HOMEH neighbourhood guide

Etobicoke, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 221, 5 Marine Parade Drive
For SaleNew ListingWaterfront
Listed for:

Listed 1 day ago

$589,000

Unit 221, 5 Marine Parade Drive

Etobicoke (Mimico), ON M8V 4B4

1 + 1Bedrooms
2Bathrooms
1Parking
800-899Sq Ft

Condo ApartmentFor Sale

Photo of Unit 105, 2087 Lake Shore Boulevard W
For SaleNew ListingPrivate Terrace
Listed for:

Listed 1 day ago

$670,000

Unit 105, 2087 Lake Shore Boulevard W

Etobicoke (Mimico), ON M8V 4G3

2Bedrooms
2Bathrooms
2Parking
900-999Sq Ft

Condo ApartmentFor Sale

Photo of Unit 706, 33 Shore Breeze Drive
For SaleNew Listing
Listed for:

Listed 1 day ago

$419,900

Unit 706, 33 Shore Breeze Drive

Etobicoke (Mimico), ON M8V 0G1

1Bedroom
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Sale

Photo of Unit 2017, 185 Legion Road N
For SaleNew ListingSwimming PoolPanoramic Views
Listed for:

Listed 1 day ago

$549,000

Unit 2017, 185 Legion Road N

Etobicoke (Mimico), ON M8Y 0A1

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 505, 2287 Lake Shore Boulevard W
For SaleNew ListingHot Tub
Listed for:

Listed 2 days ago

$489,000

Unit 505, 2287 Lake Shore Boulevard W

Etobicoke (Mimico), ON M8V 3Y1

1Bedroom
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 3901, 33 Shore Breeze Drive
For SaleNew ListingLake ViewPenthouse
Listed for:

Listed 2 days ago

$1,298,000

Unit 3901, 33 Shore Breeze Drive

Etobicoke (Mimico), ON M8V 0G1

3 + 1Bedrooms
3Bathrooms
1Parking
1.6K-1.8KSq Ft

Condo ApartmentFor Sale

Day to dayLivability

7.1

Schools near listings

out of 10 · averaged over 8,399 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$699,000

13% below Etobicoke 3% below Ontario

In Mimico

$699,000

In Etobicoke

$799,000

In Ontario

$717,000

Median monthly rent

$2,550/mo

2% above Etobicoke 2% above Ontario

In Mimico

$2,550

In Etobicoke

$2,488

In Ontario

$2,500

$727

Per square foot

≈ 22.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

309

Median $699,000

Condos 270 · Houses 39

For rent

194

Median $2,550

Condos 142 · Houses 52

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable housing compared to city median
  • Strong community feel
  • Good schools rated 7.1
  • Many parks and recreational areas
  • Diverse dining options

Keep in mind

  • Higher renter strain at 41.1%
  • Limited secondary schools
  • Traffic congestion during peak hours

The feel of the placeLifestyle

Daily life in Mimico is relaxed with a focus on community and outdoor activities. Residents enjoy easy access to parks and the waterfront.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

6.6 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

28

Parks

32

Playgrounds

23

Transit stations

4

Grocery stores

29

Restaurants

14

Cafés

7

Gyms

1

Libraries

8

Pharmacies

Counted across all 6.6 km² of Mimico. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 2 rated schools in this area

7

Elementary

  • John English Junior Middle School

    Public · Grades JK–8 · Toronto DSB

    7.1/107.4 over 5 yrs

    808th of 3,045 Ontario elementary schools

    795 students · EQAO 2024-2025

  • St Leo Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    5.3/106.4 over 5 yrs

    2,037th of 3,045 Ontario elementary schools

    405 students · EQAO 2024-2025

  • David Hornell Junior School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    230 students · EQAO 2024-2025

  • George R Gauld Junior School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    250 students · EQAO 2024-2025

  • Mildenhall School, the

    Independent

    Not rated

  • Oak Learners

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Mimico, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

40,840

Population (2021)

7.0 km²

Area

5,867

People per km²

40.8

Median age

$89,540

Median income

54%

Own their home

2

People per household

21,210

Households

Every age

  • Children (under 15)10.1%
  • Working age (15–64)74.3%
  • Seniors (65+)15.7%

What is built here

  • Detached houses11.1%
  • Semi-detached1.3%
  • Townhouses4.3%
  • Duplexes1.6%
  • Low-rise apartments15.4%
  • High-rise apartments66.2%

Own or rent

54%Owners

46%Renters

Across 21,210 households

When it was built

  • 1960 or earlier19%
  • 1961–198015%
  • 1981–19907%
  • 1991–200010%
  • 2001–20057%
  • 2006–20107%
  • 2011–201517%
  • 2016–202118%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

43.6%
Born outside Canada
46.7%
Hold a degree or higher
62.8%
Employment rate
19.6%
Commute by transit
71.8%
Commute by car
1.4
Children per family
$76,410
Median income after tax
$113,899
Average household income
12.9%
Living on a low income
$1,736/mo
Renters pay, per month
$2,052/mo
Owners pay, per month
$841,824
Median home value at census
41.1%
Renters spending 30%+ of income on housing
27.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 34 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in Mimico actually sell for

465 condos changed hands in Mimico over the 12 months to September 2026. Half sold above $614,415 and half below, 3.9% lower than the 12 months before. A typical condo found its buyer in 34 days — 4 days slower than a year ago.

Median sold price
$614K
-3.9% year over year
Days to sell
34
4 days slower
Sales closed
465
last 12 months
Per square foot
$798
from 455 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one condo here differs from the next.

$968K$783K$597K$412K
Oct ’23Oct ’24Oct ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$967,300

on a $1,000,000 asking price — under ask by $32,700

−10%Asking price+10%
Of the asking price
96.7%
Sold over asking
9.2%

From 465 sales that closed here in the last 12 months.

Rent or buy in Mimico

19.9 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$614,415

465 sales

Median rent

$2,568/mo

1,582 leases

Gross rental yield

5.02%

before costs

Both figures come from deals that actually closed in Mimico over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Mimico, sales
Monthly closed sales in Mimico
MonthClosedMedianMiddle halfDays% of ask
Sep 202640$557,500$497K – $686K3796.3%
Aug 202642$595,500$450K – $714K4197.0%
Jul 202645$706,000$545K – $870K3596.6%
Jun 202643$590,000$502K – $705K2996.8%
May 202632$624,250$534K – $871K3496.3%
Apr 202642$612,500$515K – $695K2496.9%
Mar 202644$645,000$560K – $723K2396.8%
Feb 202638$602,500$531K – $706K4897.1%
Jan 202626$611,000$550K – $724K5496.2%
Dec 202531$635,000$510K – $695K3097.3%
Nov 202540$585,000$496K – $755K3796.5%
Oct 202542$602,500$523K – $698K2996.9%
Sep 202555$595,000$520K – $738K3496.4%
Aug 202541$620,000$521K – $830K4096.4%
Jul 202551$645,000$554K – $801K3696.5%
Jun 202530$625,000$550K – $831K3196.7%
May 202546$622,000$518K – $740K3097.5%
Apr 202537$625,000$573K – $885K2896.6%
Mar 202541$685,000$572K – $800K2897.4%
Feb 202534$657,500$591K – $830K2997.5%
Jan 202531$580,000$517K – $672K2598.0%
Dec 202433$623,000$540K – $650K3198.4%
Nov 202446$680,000$587K – $791K2998.2%
Oct 202457$688,000$580K – $775K2797.7%
Sep 202439$668,000$606K – $759K3497.7%
Aug 202450$644,000$555K – $753K3096.9%
Jul 202440$710,000$575K – $820K2798.3%
Jun 202429$685,000$600K – $930K1796.7%
May 202451$675,000$585K – $868K2498.3%
Apr 202466$704,400$619K – $838K2698.1%
Mar 202451$660,000$585K – $848K1798.6%
Feb 202423$675,000$578K – $830K21100.0%
Jan 20249$535,000$525K – $625K14100.0%
Dec 20237$565,000$533K – $601K67100.0%
Oct 20235$690,000$668K – $734K12100.0%

What people ask about Mimico

How much does a condo cost in Mimico?

Condos in Mimico sold for a median of $614,415 over the 12 months to September 2026, across 465 closed sales — half sold for more and half for less. That is 3.9% lower than the 12 months before it.

How long does it take to sell a condo in Mimico?

A condo in Mimico took a median of 34 days on the market over the 12 months to September 2026. Condos there closed at 96.7% of the asking price on average, with 9.2% selling over asking.

How much is rent for a condo in Mimico?

The median condo lease in Mimico closed at $2,568 a month over the 12 months to September 2026, across 1,582 leases.

Is it cheaper to rent or buy a condo in Mimico?

A condo in Mimico costs about 19.9 years of the rent on one — the median price of $614,415 against a median rent of $2,568 a month, a gross yield of 5.02%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Mimico on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.