MimicoHousing market

Mimico

Mimico Housing Market Report

Buyer's Market

All types - for the month of February

Buyer's market Seller's market

6

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

23

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

77 active

New

44(-4.35% YoY)

Relisted

3(+200.00% YoY)

Compared to number of active, same period, in 2024: 51, in 2023: 38, in 2022: 17

Total Sold Listings*

14 sold

Median Sold Price

$1,313,750

Avg Days on Market

23 days

Median Bidding

-$24,000

Compared to number of sold, same period, in 2024: 24, in 2023: 14, in 2022: 17

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Mimico - All types

Sold vs Active vs New vs Relisted - Mimico - All types

Sold Price Distribution - Mimico - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Mimico - All types

Property type distribution based on data from the last 3 months.

Median Price - Mimico - All types

Just listed - Mimico

Patio, street for 5 William Jackson Way #67, Toronto Ontario M8V 0J8

5 hours on market

Up to7K Cashback

5 William Jackson Way #67, Toronto

Condo22900-999 sq ft

Listed by DREAM HOME REALTY INC.

Home with brick exterior material, unknown for 89 Ruby Lang Lane, Toronto Ontario M8Z 0B8

1 day on market

Up to13K Cashback

89 Ruby Lang Lane, Toronto

Townhouse3+13- sq ft

Listed by HOMELIFE/VISION REALTY INC.

Home with brick exterior material, street for 191 Twelfth St #5, Toronto Ontario M8V 4E2

2 days on market

Up to4K Cashback

191 Twelfth St #5, Toronto

Condo2+131400-1599 sq ft

Listed by COLDWELL BANKER RONAN REALTY

Just sold - Mimico

Patio, street for 40 Carnation Ave #113, Toronto Ontario M8V 0B8

Sold 2 days ago

Sold for $695,000

40 Carnation Ave #113, Toronto

Condo22900-999 sq ft

Listed by RE/MAX WEST REALTY INC.

Home with brick exterior material, street for 20 William Jackson Way #91, Toronto Ontario M8V 0J7

Sold 3 days ago

Sold for $893,000

$26K below asking

20 William Jackson Way #91, Toronto

Condo331200-1399 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

Home with brick exterior material, street for 122 Fourth St, Toronto Ontario M8V 2Y7

Sold 3 days ago

Sold for $895,000

$34K below asking

122 Fourth St, Toronto

Detached21- sq ft

Listed by HELEN MCINTYRE

Population and Demographics

Overview

Total population 25277

Average household income $124,271

Age (%)

35 to 49

23%

20 to 34

23%

50 to 64

20%

0 to 19

18%

65 and plus

16%

Household composition (%)

Single family

51%

Single person

41%

Multi person

7%

Multi family

0%

Mother tongue (%)

English

71%

Polish

5%

Spanish

4%

Tibetan

3%

Tagalog (Pilipino, Filipino)

3%

Others

2%

Portuguese

2%

Russian

2%

Ukrainian

2%

French

1%

House tenancy (%)

Renters

58%

Owners

42%

Top 4 Schools in Mimico

Father John Redmond Catholic Secondary School28 Colonel Samuel Smith Park Dr, M8V 4B7, Toronto, ON

7.8/10

Public•9-12

The Holy Trinity Catholic School6 Colonel Samuel Smith Park Drive, M8V 4B7, Toronto, ON

7.4/10

Public•JK-8

John English Junior Middle School95 Mimico Ave, M8V 1R4, Toronto, ON

7.1/10

Public•JK-8

St Leo Catholic School165 Stanley Ave, M8V 1P1, Toronto, ON

5.3/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

3/5

Some restaurants within walking distance