List of New Condos in Mimico Neighbourhood

Investing in Mimico Real Estate

Mimico is an immaculate neighbourhood demarcated by the Gardiner Expressway up north and the lakeside areas along Lake Ontario and the Lakeshore Boulevard W near the southeast area. Since the community is blessed with the presence of the beautiful Lake Ontario, it opens up lots of opportunities for water-based activities like the pet-friendly Mimico Waterfront Park and the spacious Humber Bay Park that emphasizes a relaxing atmosphere with a strong connection to nature. This neighbourhood is sure to offer residents and anyone invested a fulfilling way of life.

Why Buy Pre-Construction Condos In Mimico?

Buying new condos in Mimico has always been a smart investment and for good reasons since the main advantage is the potential for capital appreciation as the value of the property increases greatly by the time it gets completed. For instance, the Empire Phoenix Condos which is currently under construction is already seeing a significant increase in value. Not only that but the new condos offer significant savings as compared to buying a resale condo. This neighbourhood is sure to return the yields once invested.

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Neighbourhood & Lifestyle In Mimico

As the neighbourhood is located next to aesthetic Lake Ontario, the opportunity for entertainment and recreational activities are abundant as the saying goes, imagination is the limit! Nature lovers can go bird watching or hiking in the luscious Colonel Samuel Smith Park to unwind from the busy work life. Movie lovers are also in for a delight as the Cineplex Cinemas Queensway & VIP located across the Gardiner Expressway offers the latest screening of Hollywood movies and any new releases. Foodies can visit Leziz Kitchen Mediterranean Restaurant for a spiritual experience with great customer service. Mimico offers a myriad of educational opportunities for students of all ages as the neighbourhood is home to several notable schools like Lanor Junior Middle School, The Mildenhall School and George R Gauld Junior School all offering diverse educational options for students with different needs. This community is home to Humber College which is one of Canada’s leading colleges that offers a range of certificate, diploma and degree programs in various fields of study. Devout parents also have the option to choose faith-based education for children like the St. Ambrose Catholic School.

Average Price For Condos In Mimico

As of April 2023, the average price for condos in Mimico is $778,224. This price point may be higher than other areas in Toronto, but it reflects the many amenities and conveniences the neighbourhood offers. With its mix of urban and suburban amenities, convenient location, and stunning views of Lake Ontario and the Toronto skyline, Mimico is a highly sought-after neighbourhood in Toronto.