Mimico

 

mimico harbor

Located in the southeast corner of Etobicoke, Mimico is an urban community on the shores of Lake Ontario.  Close to downtown Toronto and easy access to the waterfront, large lots and reasonable prices has made Mimico an up and coming area and was proclaimed the #1 "area to buy now" by Toronto Life Magazine in 2012.  In August 2013 it ranked #9 in The Star's top neighbourhoods, not too far back from the eastern neighbourhood, The Beach which ranked #8,

Often refered to as the Western Beach, in the early 1900's the area once housed the summer residence of the Toronto aristocracy.  The Town of Mimico became home to railway workers and many of the original homes date back to 1920-1940 shortly after the railway yards were opened.  Today the area is an eclectic mix of small bungalows, large waterfront estates, low rise condos (circa 1950-60) and more recently a proliferation of high rise towers and town homes along the waterfront.  Many of the homes have been renovated and provide urban chic homes on large mature lots.  The City of Toronto has identified a rejuvination project for the area known as Mimico 20/20.

Redevelopment in Mimico began 20 years ago with two new condominims complexes known as Grand Harbour and Marina del Rey. Today there are many new devepments in various stages of construction, West Village and Ocean Club to name only a few... Some of the newer development also includes town home or garden home units.  With all the new constrction, it is becoming increasingly difficult to keep up with all the new opportunites along the lakeshore.

 

 Grand Harbour Mimico Dale Biason  grand harbor

To the east is Humber Bay Shores, once known as the "Motel Strip" now bulldozed to make room for condominums.  On the Northern edge is Mystic Pointe reknown for the first conversion of a warehouse into loft units. (These areas are described in detail - just click on the links.)

 

Price Range (Jan 1 - Sept 1, 2015)

  Average Price Range
Overall  $696,591 $435,000 - $1,250,000
Detached Bungalow  $593,214 $435,000 - $760,000
1 1/2 Storey $705,275 $505,000 - $860,000
Semi-Detached  $687,200 $590,000 - $815,000
Townhome (Freehold)  $702,121 $602,500 - $832,000

 

For condo values see Humber Bay Shores and Mystic Pointe

Area Schools

George R Gould Junior School
John English Middle School
David Hornell Public School
St Leo Catholic Elementary School
St Louis Catholic Elementary School

Waterfront Living

There is no shortage of waterfront activity in Mimico.  Humber Bay Park at the foot of Parklawn Rd is located on the waterfront and offers boat launching facilites, Yacht Clubs, a model boat pond and a fly casting pond.  If you just want to walk, jog or cycle on the waterfront, a paved trail from Humber Park links with the Martin Goodman Trail,

Transportation

There is a GO station in Mimico, streetcar service along the Lake Shore, easy access to the Gardiner Expressway and bus routes to the Royal York Subway station.

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