Market insights · Mimico

Mimico market

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MimicoMarket reportOctober 2026

Neighbourhood reports count sales by home type but don't publish prices, days on market or sold vs asking for each type. Those figures below are for all homes in Mimico.

Market at a glance

The latest figures for Mimico · condo apartment — October 2026.

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In October 2026, 42 homes (condo apartment) sold in Mimico at a median price of $680,000 (all homes), 3.0% higher than in October 2025.

Median sold price: the middle sale of the month, by firm date. Days on market: the average for homes that sold. Sold vs asking: the average sold price as a share of the final asking price. Year-ago comparisons use the same area and home type.

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Seasonal patterns

How a typical year runs in City of Toronto, from 2013–2025 sales. A history, not a forecast.

Bars: the average share of a year's sales that happened in each month. Under each month: how its median sold price sat against that year's own trend (the median over 13 years) — partly the season, partly which homes sell then. In a typical year October has 9.1% of the year's sales. Pattern shown for City of Toronto.

Property types at a glance

Compare key metrics by home type — October 2026.

Share of homes sold

Distribution of sales by property type — October 2026.

  • Detached9.8%5
  • Semi-detached2%1
  • Condo townhouse5.9%3
  • Condo apartment82.4%42

Completed sales, not homes for sale. Percentages are rounded, so they may not add to exactly 100%.

Market pace

Key indicators of market activity: what's coming on, what's available and how fast it's selling.

New listings108
-23.4% vs. Sep 2026lower
Homes newly listed for sale in Oct 2026.
Active listings216
For sale now
Today’s count, updated through the day.
Sales-to-new-listings ratio39%
+11.2 pts vs. Sep 2026higher
Homes sold in Oct 2026 ÷ homes newly listed in Oct 2026.
Months of inventory—
TRREB doesn’t publish this area
How long the homes for sale would last at the recent pace of sales.

Buy vs rent

Estimated monthly cost to own at Mimico's median sold price, next to what homes are listed for rent at today.

Own$3,771per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$3,161
Property tax (estimate)$510
Home insurance (estimate)$100
Total to own$3,771

Assumptions: 20% down, 4.99% for 25 years compounded semi-annually (as Canadian mortgages are), property tax at 0.9% of the price a year, home insurance about $100 a month; no condo fee. Rents are asking rents of whole homes listed for lease today, not signed leases; a bedroom count with fewer than 10 listings isn't shown. An estimate to compare the market, not advice for your situation.

Compare areas

See how different regions performed in October 2026: median sold price and change from a year earlier.

Every area uses the same measure: median sold price of all homes, by firm date, for October 2026. Pictures are illustrations.

Compare any areas

EtobicokeCity of TorontoGTA

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Days on market

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Sold vs asking

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Benchmark price (TRREB HPI)

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Homes for sale now

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Each area's newest finished month, all homes, by firm date; the benchmark is TRREB's latest; homes for sale are today's count. A figure with too few sales to publish says so.

Mimico at a glance

How the market leans here, and who has been buying.

Buyer's marketAll home types · 118 sales over 3 months
Buyer'sBalancedSeller's

Homes in Mimico are taking around 33 days to sell, and going for about 98% of asking. There is usually room to negotiate.

What homes sell for here500+ sales · 12 months

Every sale in Mimico, grouped by price. Two peaks mean two markets sharing one median.

$434kmedian $673k$1.6M

Bars span the middle 90% of sales. The cheapest and dearest 5% are folded into the end bars, so one unusual sale cannot stretch the scale. Sales to 2026-11-07.

Bought & rented out1000+ sales · Mimico

Homes sold here, then listed for lease within 120 days.

3.5%of all sales
By home type
Condo Apartment4%

For scale: 0.5% of these homes had a lease listed in the 120 days before they sold — a lease that the sale cannot explain. The gap between the two is the signal.

Counts investors and owners who kept the home as a rental; the two cannot be told apart from listing data. Sales to 2026-08-30.

What sold in Mimico, by home type — October 2026

Every style of home, averaged honestly — so you can see exactly where your home fits.

⌂ Detached homesAVG SOLD PRICE
2-Storey Detached
3 sales · too few to publish a price
—
INDICATIVE
Bungaloft
1 sale · too few to publish a price
—
INDICATIVE
1.5-Storey Detached
1 sale · too few to publish a price
—
INDICATIVE
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Condo Apt
42 sales · 34d to sell
$770,000
AVG SOLD
Condo town · 3-storey
1 sale · too few to publish a price
—
INDICATIVE
Condo town · other styles
1 sale · too few to publish a price
—
INDICATIVE
Semi-Detached
1 sale · too few to publish a price
—
INDICATIVE
Condo town · 2-storey
1 sale · too few to publish a price
—
INDICATIVE

Average sold price within each tier. Detached split by style; townhomes by freehold or condo and 2- or 3-storey; semis and links counted separately. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Detached homes sold — by size

Median price and price-per-square-foot for detached homes across size bands in October 2026. Smaller homes cost more per foot; larger homes cost more overall.

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
Under 1,000$600,00030$825
1,000 - 1,499$870,00010$725
1,500 - 1,999$1,520,0006$880
2,000 - 2,499—2—
3,000 - 3,499—3—

Bands with only a handful of sales are directional. Ask us for the fuller multi-month trend.

Benchmark home values

The TRREB Home Price Index — the price of a typical Mimico home by type, with year-over-year change. As of October 2026.

Detached
$1,178,200
▼ 0.9% year over year
Typical: 3 bed · 2 bath · single garage · finished basement · 51–99 years old
Semi / Freehold Town
$1,178,400
▲ 4.3% year over year
Typical: 3 bed · 2 full + 1 half bath · single garage · finished basement · 6–15 years old
Condo Townhouse
$850,500
▼ 4.6% year over year
Typical: 3 bed · 2 full + 1 half bath · single garage · finished basement · 6–15 years old
Condo Apt
$609,100
▲ 0.6% year over year
Typical: 1 bed · 1 bath · underground parking · 6–15 years old
$736,200
BENCHMARK HOME VALUE · OCTOBER 2026
MONTH-OVER-MONTH
-1.01%
YEAR-OVER-YEAR
+1.67%

HPI INDEX — MONTHLY · NOV '25–OCT '26
262.5251.7265.8247.9NovDecJanFebMarAprMayJunJulAugSepOct

Index up 10.8 pts over the last 12 months — values trending up. A higher index means a higher typical home value. Scale zoomed to show monthly change · Source: TRREB / Altus HPI.


MIMICO COMPOSITE BENCHMARK PRICE · 2018–2026 · TYPICAL HOME VALUE
$736K$543K$880K'18'19'20'21'22'23'24'25'26

The typical Mimico home is up about 36% over the period shown — through the 2021 peak and the correction since. Year-end MLS® HPI composite benchmark · Source: TRREB / Altus HPI.

Benchmark trend

Mimico composite HPI benchmark, by month.

$736k latest
▲ 1.0% YoYpeak $1M
$537k$654k$770k$887k$1M201820192020202120222023202420252026

Source: TRREB Home Price Index. A benchmark is the price of a typical home in the area — not an estimate of any one home.

Recent sold homes — October 2026

Individual sold listings across Mimico — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Mimico prices

Two forces sit behind almost every price move: the cost of borrowing and the pace of inflation. When rates fall and inflation cools, buying power rises and prices tend to firm; when they climb, the market cools.

5-year fixed mortgage rate
4.58%
▲ 0.09 pt
Aug 2025Aug 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.10%
▲ 0.10 pt
Sep 2025Sep 2026
Bank of Canada / StatCan · year-over-year

Monthly market data

Homes sold, median price, days on market and sold vs asking in Mimico · condo apartment, for the last 36 months.

Show the table
MonthHomes soldMedian price (all homes)Days on marketSold vs asking
Nov 2026 (so far)7$550,000——
Oct 202642$680,000——
Sep 202639$670,000——
Aug 202647$630,000——
Jul 202641$750,000——
Jun 202649$620,000——
May 202632$770,000——
Apr 202649$680,000——
Mar 202649$670,000——
Feb 202632$700,000——
Jan 202629$620,000——
Dec 202531$680,000——
Nov 202539$600,000——
Oct 202543$660,000——
Sep 202556$640,000——
Aug 202541$750,000——
Jul 202552$680,000——
Jun 202526$850,000——
May 202550$640,000——
Apr 202546$630,000——
Mar 202541$780,000——
Feb 202538$770,000——
Jan 202529$630,000——
Dec 202434$640,000——
Nov 202446$730,000——
Oct 202462$750,000——
Sep 202439$750,000——
Aug 202449$680,000——
Jul 202443$750,000——
Jun 202436$790,000——
May 202451$810,000——
Apr 202465$750,000——
Mar 202463$790,000——
Feb 202451$740,000——
Jan 202431$730,000——
Dec 202332$650,000——

By firm date. A dash: too few sales that month to publish the figure.

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