Mimico has always been one of Toronto’s top hidden gems, but we’re starting to hear even more about it lately. And really, what isn’t there to love? It’s part of Toronto, which means you have all of the benefits and perks of being in the city. At the same time, it feels like an entirely different community, quieter, more peaceful, scenic, and close-knit.
We could talk all day about this beautiful Etobicoke neighbourhood! In this post, we’ll explore just a few great reasons to think about making Mimico your next home.
A World of Convenience
Ask anyone why they moved to Toronto, and you might hear any number of reasons. That said, the convenience and excitement of the big city likely stands out above all others. An enviable transit system makes getting around a breeze. Toronto is also known far and wide for its incredible entertainment scene, exciting events, along with an abundance of recreational centres, healthcare facilities, and great schools.
In Mimico, you and your family can enjoy all of these. The only thing you might miss are the crowds, long lineups for everything, and the endless traffic jams at all hours of the day. As an added bonus, parking is abundant and often free, which makes driving far more pleasurable than in the heart of downtown.
If you do want to make the trek into Toronto, you can reach the downtown core easily, either 15 minutes by car (depending on traffic). If you want to leave your car at home, the trip will take approximately 20 minutes on the Go Train.
Want to know about even more great communities in Toronto? There’s plenty more where this came from!
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More Space for Less Money
There’s no getting around the fact that Toronto real estate is expensive and rising in value over the long term. The city has struggled with too few houses and non-stop growing demand for them. Buying a home in Mimico may cost about the same amount as downtown.
The real question is what you get for your money. Mimico offers a variety of housing options, including condos and townhouses that are ideal for first-time buyers and downsizers. However, the landscape mostly consists of single detached homes.
Often, you’ll get far more square footage inside the house and lot sizes that are enormous by comparison. This extra living space holds endless appeal for growing families seeking an ideal home.
Family Friendly Communities
The close-knit community is one of the best-kept secrets about Mimico. Residents here are diverse, coming from all ages and backgrounds, which provides a safe and engaging community to live and work. A vast range of activities to enjoy only helps to bring residents even closer together.
Numerous recreation centres are available throughout the neighbourhood, offering programs and sports activities for all ages. Play a friendly game of badminton at Ourland Community Centre, participate in a heart-racing game of hockey at Mimico Arena, take a fitness class at Ken Cox Community Centre, or get your laps in at the Norseman Community Pool; there’s no end to your chances to learn a new skill or make a new friend!
You’re also in luck if you prefer less structured recreation. A lavish abundance of parks and trails makes it easy to get out and enjoy the fresh air. Natural paradises like the Humber River Recreational Trail, Martin Goodman Waterfront Trail, and Etobicoke Creek Trail are all close by and free to visit. There is something to enjoy every time of the year, whether you’re crunching through the glistening snow or spending the last days of summer in-line skating along the waterfront.
Fantastic Dining and Entertainment
No conversation about Toronto would be complete without delving into the incredible dining and entertainment available everywhere! Mimico offers two central districts right in the neighbourhood. Countless shops and unique eateries await you, both along Lakeshore Boulevard and Royal York Road.
The Mimico By the Lake Business Improvement Area runs from Allen Ave to Alexander St, and features dozens of Canadian-owned businesses and services. There are also several events to look forward to every year, including the Pumpkin Parade, Summer Music Series, and Winter Tree Lighting.
Is a home purchase in your near future? The posts below will help you be an informed buyer:
- Should You Buy or Sell First in a Shifting Market?
- 10 Mistakes Buyers Make and How To Avoid Them
- How the Government is Helping First-Time Buyers in Toronto
The Waterfront
Arguably, Mimico’s proximity to the shores of Lake Ontario is its most enviable feature. Who doesn’t love the idea of living close to the water, possibly even within walking distance? This convenience means you can visit for an hour or bask by the shores all afternoon. There’s nothing quite like the sight and sounds of the waves crashing in.
If you’ve ever dreamed of life by the waterfront, you might want to check out a Mimico condo that overlooks Humber Bay. Not only will you enjoy the spectacular view day in and day out, but you’ll also have fast access to the excitement and convenience along Lakeshore Road.
Other options range from relatively affordable bungalows a short distance away to luxurious detached properties right on the waterfront. Mimico real estate offers something for everyone, which is one of many reasons it’s becoming one of Toronto’s most sought-after neighbourhoods.
Thinking about buying or selling a home in Toronto? We are happy to help! Reach out today to Erica@EricaReddy.com or call 416.443.0300 for more information.
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