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1. Market Overview
The market for condos for sale in Mimico offers a strong snapshot of current buyer and renter interest, with 201 active listings available right now. Pricing remains a central focus for anyone comparing options: the average list price sits at $786,837, giving a helpful benchmark for evaluating individual buildings, layouts, and locations within the community. Speed matters, too—homes are spending an average of 55 days on the market, which can signal how quickly well-priced units are moving.
Recent momentum is also reflected in +43.3%, an indicator of whether values have been trending upward or downward over the most recent period. Together, these signals help clarify what to expect when searching for condos for sale—from how competitive showings may feel to how much room there might be for negotiation. This page brings those insights together while highlighting the range of condos currently available in Mimico.
2. Browse Listings
With 201 options to explore, buyers and renters can browse a wide mix of condos for sale in Mimico—from efficient layouts designed for low-maintenance living to larger floorplans that offer added flexibility for work, guests, or hobbies. Inventory often includes a range of styles and building types, which helps visitors narrow the search based on priorities such as layout, natural light, floor level, or parking and storage needs.
Whether the goal is to purchase a primary residence, secure a foothold in the market, or compare properties for sale, exploring current listings is the best way to understand what’s available today. Filters for 4+-bedroom preferences, building features, and budget can help streamline the search and reveal the best matches.
3. Pricing Insights
Pricing for condos for sale in Mimico can be viewed from a few practical angles: overall average price, price per square foot, and the full spread of available listings. The current average list price is $786,837, while the average price per square foot is $871, a useful reference point when comparing units of different sizes or layouts. For buyers weighing entry-level options versus premium suites, the broader market range of $280,000 - $4,250,000 shows how widely pricing can vary based on factors like size, finish level, and building characteristics.
Another helpful benchmark is the average size of available units, which is 903 sqft. Looking at square footage alongside $871 can make it easier to assess value between different listings, particularly when two condos have similar list prices but different layouts or overall living space. For additional context, the breakdown below highlights how pricing tends to differ by bedroom count.
Average Prices by Bedroom
Bedrooms Avg. Price Listings Studio $379,000 1 1 Bed $575,738 94 2 Beds $851,307 94 3+ Beds $1,969,408 12 4. Living in the Area
Life in Mimico appeals to people who want the convenience of condo living paired with a neighbourhood atmosphere that feels established and easy to navigate. The area’s overall character tends to attract residents looking for a balance between day-to-day practicality and a comfortable sense of community. Many choose condos here because they prefer less maintenance, streamlined routines, and the ability to spend more time on work, family, or leisure rather than property upkeep.
Walkability is often a major consideration for condo buyers and renters, and this community can suit those who like having everyday essentials within reach. The local feel is shaped by regular foot traffic, familiar faces, and a rhythm that supports both busy weekdays and slower weekends. People relocating from other parts of the city or province also appreciate how condos can provide a relatively simple transition: secure building access, predictable responsibilities, and common areas that can add to a sense of connection.
For a wide range of households—first-time buyers, downsizers, professionals, and investors—Mimico can offer an appealing mix of housing styles and unit types. Some residents prioritize a smaller footprint close to what they need, while others look for extra space for hybrid work, guests, or long-term comfort. Ultimately, choosing a condo in this area is often about aligning lifestyle with location: finding a home that supports daily routines while keeping options open for the future.
5. Market Trends
The table below summarizes recent market performance and key indicators to help compare movement over time for condos for sale in Mimico.
Market Trends
Period Avg. Price Listings Avg. DOM Current $786,837 201 55 days Last 12 Months $745,901 504 32 days Last 90 Days $681,157 125 41 days 6. What's Nearby
Access to transportation and everyday conveniences can be a major advantage for condo living in Mimico. Commuters and frequent travelers may appreciate proximity to Royal York Rd at Cavell Ave, located about 95.206923610797, making it easier to connect with surrounding areas without relying entirely on a vehicle. For day-to-day errands, nearby grocery options include Jeff's No Frills, supporting quick trips and simple routines. Coffee breaks are also close at hand with Jimmys Coffee, a convenient stop for meeting up or working remotely.
7. Frequently Asked Questions
What is the average price of condos for sale in Mimico?
The current average list price for condos for sale in Mimico is $786,837. Individual listing prices can still vary significantly depending on size, layout, and building characteristics, so it’s helpful to compare the average against the full price range and the specific features of each unit.
How many condos for sale are available in Mimico right now?
There are 201 active listings currently available. Inventory levels can change quickly as new listings come on the market and others sell or are leased, so checking back regularly is a good way to stay on top of new opportunities.
How long do condos typically take to sell in Mimico?
On average, listings are spending 55 days on the market. Days on market can be influenced by pricing strategy, condition, and how closely a unit matches current demand, so some properties may move faster while others take longer.
Is the condo market in Mimico trending up or down?
Recent pricing momentum is reflected in +43.3%. This figure provides a quick read on direction—whether values are generally rising or softening—while individual outcomes still depend on the specific unit, the building, and how a listing is positioned relative to comparable properties.
Groceries can be found at Mario & Selina's No Frills which is a 3-minute walk and you'll find Mimico Dental Office a 5-minute walk as well. You are not far from great parks like Stanley Avenue Park and Coronation Park - Etobicoke.
Getting around the area is made simpler with access to the TTC. OLD MILL STATION - EASTBOUND PLATFORM Subway stop is a 4-minute drive. There is also ROYAL YORK RD AT CAVELL AVE BusStop, only steps away, with (Bus) route 176 Mimico Go, and (Bus) route 76 Royal York South nearby. For drivers, it might be easier to get around the city getting on or off Gardiner Expressway and Islington Ave, which is within a 4-minute drive.
