Real Estate for Rent in Mimico, Etobicoke, ON
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Neighbourhood in Etobicoke
Mimico
Mimico is a vibrant neighbourhood in Etobicoke. It offers a mix of residential and recreational spaces near Lake Ontario.
Etobicoke, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Listed today
Unit 3401, 36 Park Lawn Road
Etobicoke (Mimico), ON M8Y 3H8
Condo ApartmentFor Rent
Listed today
Unit 3210, 2200 Lakeshore Boulevard W
Etobicoke (Mimico), ON M8V 1A4
Condo ApartmentFor Rent
Listed 1 day ago
Unit 4205, 2212 Lake Shore Boulevard W
Etobicoke (Mimico), ON L6L 1G8
Condo ApartmentFor Rent
Listed 1 day ago
Unit 803, 155 Legion Road N
Etobicoke (Mimico), ON M8Y 0A7
Condo ApartmentFor Rent
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
In Mimico
$699,000
In Etobicoke
$799,000
In Ontario
$717,000
Median monthly rent
$2,550/mo
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
311
Median $699,000
Condos 272 · Houses 39
For rent
198
Median $2,550
Condos 143 · Houses 55
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.
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 yrs808th 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 yrs2,037th 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)
What homes in Mimico actually rent for
1,794 homes were leased in Mimico over the 12 months to September 2026. Half leased above $2,570 and half below, 1.0% lower than the 12 months before. A typical home found its tenant in 19 days.
- Median rent
- $2,570
- -1.0% year over year
- Days to lease
- 19
- Unchanged
- Leases closed
- 1,794
- last 12 months
- Rent per square foot
- $3.83/mo
- from 1,665 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 10.6%
From 1,794 leases that closed here in the last 12 months.
Rent or buy in Mimico
21.6 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$666,140
633 sales
Median rent
$2,570/mo
1,794 leases
Gross rental yield
4.63%
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.
What actually rents in Mimico
A single median hides this: the mix of homes behind it, and what each kind costs.
- Condo apartment$2,56888.2%
- Other kinds of home$2,6553.8%
- Detached$2,9561.5%
- Multiplex$2,1081.4%
- Other kinds, too few of each —5.1%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Mimico, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 136 | $2,550 | $2,337 – $3,100 | 14 | 100.0% |
| Aug 2026 | 157 | $2,600 | $2,400 – $3,100 | 13 | 100.0% |
| Jul 2026 | 159 | $2,650 | $2,300 – $3,100 | 16 | 100.0% |
| Jun 2026 | 144 | $2,500 | $2,300 – $3,013 | 16 | 100.0% |
| May 2026 | 167 | $2,500 | $2,300 – $3,000 | 15 | 100.0% |
| Apr 2026 | 186 | $2,553 | $2,300 – $3,000 | 19 | 100.0% |
| Mar 2026 | 182 | $2,575 | $2,300 – $2,950 | 22 | 100.0% |
| Feb 2026 | 126 | $2,600 | $2,331 – $3,200 | 22 | 100.0% |
| Jan 2026 | 117 | $2,550 | $2,300 – $2,950 | 26 | 100.0% |
| Dec 2025 | 113 | $2,600 | $2,300 – $2,900 | 26 | 100.0% |
| Nov 2025 | 138 | $2,500 | $2,300 – $2,984 | 22 | 100.0% |
| Oct 2025 | 169 | $2,650 | $2,400 – $3,000 | 20 | 100.0% |
| Sep 2025 | 163 | $2,600 | $2,400 – $3,075 | 20 | 100.0% |
| Aug 2025 | 192 | $2,675 | $2,400 – $3,000 | 18 | 100.0% |
| Jul 2025 | 219 | $2,600 | $2,350 – $3,100 | 20 | 100.0% |
| Jun 2025 | 197 | $2,650 | $2,400 – $3,100 | 20 | 100.0% |
| May 2025 | 194 | $2,500 | $2,300 – $2,950 | 18 | 100.0% |
| Apr 2025 | 169 | $2,550 | $2,350 – $3,000 | 18 | 100.0% |
| Mar 2025 | 208 | $2,500 | $2,375 – $2,950 | 15 | 100.0% |
| Feb 2025 | 109 | $2,550 | $2,350 – $3,000 | 19 | 100.0% |
| Jan 2025 | 127 | $2,679 | $2,400 – $3,200 | 25 | 100.0% |
| Dec 2024 | 111 | $2,700 | $2,400 – $3,200 | 21 | 100.0% |
| Nov 2024 | 121 | $2,630 | $2,400 – $3,000 | 19 | 100.0% |
| Oct 2024 | 140 | $2,600 | $2,450 – $3,200 | 20 | 100.0% |
| Sep 2024 | 135 | $2,650 | $2,500 – $3,250 | 23 | 100.0% |
| Aug 2024 | 219 | $2,750 | $2,500 – $3,125 | 27 | 100.0% |
| Jul 2024 | 181 | $2,725 | $2,500 – $3,225 | 33 | 100.0% |
| Jun 2024 | 174 | $2,700 | $2,500 – $3,200 | 36 | 100.0% |
| May 2024 | 161 | $2,700 | $2,500 – $3,100 | 36 | 100.0% |
| Apr 2024 | 146 | $2,675 | $2,450 – $3,071 | 35 | 100.0% |
| Mar 2024 | 74 | $2,682 | $2,450 – $5,000 | 36 | 99.9% |
| Feb 2024 | 89 | $2,600 | $2,450 – $3,100 | 29 | 100.0% |
| Jan 2024 | 86 | $2,600 | $2,456 – $3,271 | 24 | 100.0% |
| Dec 2023 | 93 | $2,700 | $2,450 – $3,200 | 28 | 100.0% |
| Nov 2023 | 106 | $2,700 | $2,500 – $3,100 | 13 | 100.0% |
| Oct 2023 | 119 | $2,800 | $2,600 – $3,300 | 13 | 100.0% |
What people ask about Mimico
How much does a home cost in Mimico?
Homes in Mimico sold for a median of $666,140 over the 12 months to September 2026, across 633 closed sales — half sold for more and half for less. That is 5.7% lower than the 12 months before it.
How long does it take to sell a home in Mimico?
A home in Mimico took a median of 30 days on the market over the 12 months to September 2026. Homes there closed at 96.9% of the asking price on average, with 14.2% selling over asking.
How much is rent in Mimico?
The median lease in Mimico closed at $2,570 a month over the 12 months to September 2026, across 1,794 leases.
Is it cheaper to rent or buy in Mimico?
A home in Mimico costs about 21.6 years of the rent on one — the median price of $666,140 against a median rent of $2,570 a month, a gross yield of 4.63%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in Mimico?
Over the 12 months to September 2026 the mix in Mimico was condo apartment (73.5% of sales, median $614,415), detached (11.1% of sales, median $1,230,943) and freehold town (3.3% of sales, median $1,153,571).
Compiled by HOMEH from leases 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 home. Not an appraisal or an opinion of value.
A condo here is 2.0× cheaper than detached houses
Half the condo apartments that changed hands in Mimico over the 12 months to September 2026 sold above $614,415. The neighbourhood's median across every kind of home was $666,140 — one number, two markets.
Median closed prices over the 12 months to September 2026, from 633 sales in Mimico. Medians describe the group, never one home.
- Median condo sold price
- $614K
- 465 closed sales
- Median condo rent
- $2,568/mo
- 1,582 leases
- Days to sell
- 34
- median, condo apartments
- Share of all sales
- 74%
- of everything that closed here
Condo townhouses are a separate market again: 5 closed here at a median of $739,000.