Mimico
Toronto, Ontario

Mimico

Etobicoke's up-and-coming waterfront gem

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About Mimico

Mimico sits on the north shore of Lake Ontario in south Etobicoke, a 10-minute GO train ride from Union Station. Long overlooked in favour of the downtown waterfront, Mimico has undergone a quiet transformation over the past decade. New condo developments have brought an influx of young professionals, while the existing stock of mid-century apartments and detached homes has been steadily renovated.

The neighbourhood's greatest asset is its waterfront — Mimico Waterfront Park runs along the lakeshore with walking and cycling trails, picnic areas, and views of Toronto's skyline. Royal York Road is the main commercial street, with an increasing number of independent cafés, restaurants, and boutiques. The QEW provides fast car access east and west, making Mimico a practical choice for commuters heading to Mississauga or Pearson airport.

Pros & Cons

Pros
Waterfront trails and lake access
GO Train to Union in 10 minutes
Best value per sq ft near the lake
Growing restaurant and café scene
Cons
QEW noise affects some properties
Limited grocery options
School ratings below Toronto average
Some areas still transitioning

Lifestyle

Waterfront
Trendy
Value
Young Professionals
Transit

Average Prices by Type

$720K
Condo
$1.1M
Detached
$950K
Semi-Detached
Avg. Asking Price
$849,000
+4.8% year-over-year

Liveability Scores

Walk Score68/100
Transit Score70/100
Bike Score62/100
School Rating
7/10

Highlights

GO Train
Mimico GO — Union in 10 min
Waterfront
Mimico Waterfront Park
Trails
Lakeshore cycling path
Growth
+4.8% YoY — rising fast

Top Streets

Lake Shore Blvd W
Royal York Rd
Superior Ave
Mimico Ave
Birmingham St
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