Introduction
Mimico gets a bad rep. From Kipling Avenue on the west, to the Gardiner Expressway on the north, Lakeshore to the south and to where Lakeshore and Gardiner intersect on the east, this historic community has long been “blue collar.” From the Goodyear factory (1917-87) to Campbell Soup (1930-present), Mimico wears this heritage on its sleeve. It’s been an “area in transition” for decades, but is now showing real progress.
Lifestyle
Proximity to the lake, Lakeshore Boulevard and the Gardiner/QEW make Mimico an appealing, convenient and affordable location. It's still an area in transition, but that also means opportunity. Whether buying or renting, property is affordable, given the area's proximity to the downtown core to the east or west to the suburbs. Plenty of neighbourhood restaurants, coffee shops and cafes worth exploring.
The Vibe
Mimico shows its age in spots, particularly along Lakeshore, where you will find lowrise rentals mixed with small retailers. But residential development – condos and townhomes on the former Goodyear site and several new highrises on the east, is breathing new life into the area. Though still in transition, Mimico, given its proximity to downtown and higher priced areas, is a comparative bargain.
Meet the Neighbours
The majority of residents are working age (25 to 64), with a sizeable seniors population. Condos and townhomes are the most prevalent housing type, including the new highrises around Lakeshore and Park Lawn Road, as well as lowrise apartments built in the 1950s and 60s. Head north off Lakeshore into neighbourhood streets around Royal York, and you’ll find plenty of character homes, 1940s-era bungalows and some larger all-brick homes.
In the Area
This is where Mimico proves its mettle. With average prices about $433,000, Mimico is a bargain. Don’t expect huge lots and ultra-modern features in existing homes, but you’ll be surprised by the variety and affordability. Combined with new condo and townhome options, buyers can easily get in the market under the average price. And there's plenty of affordable options for renters.
14 km
Planes, Trains & Automobiles
TTC streetcar service along Lakeshore is among the oldest and most established in the city, and GO Train’s Mimico stop on the Lakeshore West line is at Royal York. For those who must drive, the QEW/Gardiner is right there, affording quick access into the city or west to the burbs. Noted traffic issues permitting, of course.
The Good, the Bad & the Rest
The Lakeshore strip in Mimico is still hit and miss, with more dollar stores, money marts and other, um, interesting shops that don’t create the greatest first impression. But look closely, it’s worth it – there are plenty of restaurants, coffee shops and cafes that deserve your attention.
Dollars & Sense
Proximity to the lake, Lakeshore Boulevard and the Gardiner/QEW make Mimico an appealing, convenient location with good buyer value. But the transition, or shall we say “modernization” of Mimico, will require patience. Some areas along the Lakeshore are, to put it gently, aged. And traffic? Just imagine when all those new condos are completed, and thousands of new residents move into the area.
Gallery
Neighbourhood Hotspots
The Blue Goose Tavern
The Goose has been a popular local hangout since 1958. The Stanley Cup has made three visits, after two Mimico-born NHL players – Brendan Shanahan and David Bolland (twice) – won hockey’s holy grail.
more infoMaster Card Centre
If Toronto is hockey mecca, Master Card Centre is one of its shrines. It’s the official practice facility of the NHL’s Toronto Maple Leafs, and houses offices of Hockey Canada and Hockey Hall of Fame.
more infoBirds and Beans
It’s not just a coffee shop, it’s a star among Mimico’s up and coming retailers, offering a selection of certified organic, shade grown, fairly traded and “bird-friendly” coffees.
more infoSanRemo Bakery & Cafe
Family-operated since 1969 and now passed down to the second generation, SanRemo Bakery & Cafe offers traditional homemade Italian fare. Fresh breads, baked goods, gourmet pizzas, sandwiches and desserts and gelato... Mangia, mangia!
more infoSweet Olenka's
If you have a sweet tooth, you’ll love the handcrafted chocolate, ice cream and confections at Sweet Olenka’s. The delectable goodies behind the displays are treat enough for the eyes, not to mention the tummy.
more infoBombay on the Lake
A relative newcomer to the neighbourhood, since 2007, Bombay on the Lake offers Indian cuisine in a contemporary setting, for groups up to 48. Catering and take-out services also available.
more info