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Overview
1-bedroom properties for sale in Mimico offer an efficient way to own (or invest in) Canadian real estate while staying close to the amenities that matter most day to day. These numbers help set realistic expectations, whether the goal is a first home, a downsize-friendly layout, or a low-maintenance property in a well-connected neighbourhood.
Market pace is another key factor. With an average of 46 days days on market, it’s easier to gauge how quickly well-priced homes tend to move and how prepared a buyer should be before booking showings. From walkable streets and transit access to nearby shops, parks, and dining, Mimico continues to attract interest from people searching for 1-bedroom homes for sale. This page highlights current options and the core stats that matter most when comparing listings.
What to Expect
In Mimico, 1-bedroom properties for sale typically centre around the average price of $511,620, with value often tied to location, building age, and included features. Buyers can expect an average size of 614 sqft, which suits a streamlined lifestyle while still offering dedicated space for sleeping, working, and entertaining. On a comparable basis, the average price per square foot is $834, a useful benchmark when weighing finishes, views, parking, or in-suite laundry. Reviewing both size and price-per-square-foot helps narrow down which listings align with budget and priorities.
Frequently Asked Questions
How many 1-bedroom properties are currently available for sale in Mimico?
There are 59 active options to browse, covering a range of layouts and styles within 1-bedroom properties for sale. These figures provide a quick snapshot of entry points versus premium listings.
How fast do 1-bedroom properties sell in Mimico?
Listings average 46 days days on market. Tracking this alongside $834 and 614 sqft can help compare competitiveness between similar homes.
Some good places to grab a bite are Royal Mimico Pub, Japanese Fast Food or Frecles Fox Restaurant. Venture a little further for a meal at one of the neighbourhood's restaurants. If you love coffee, you're not too far from Jimmys Coffee located at 380 Royal York Rd. Nearby grocery options: The Bread Essentials is only a 4 minute walk.
If you are looking for transit, don't fear, there is a Bus Stop (Royal York Rd at Newcastle St South Side) not far. It also has route Royal York South nearby. If you're driving, you'll have easy access to the rest of the city by way of Gardiner Expressway as well, which is within a 4-minute drive using Islington Ave ramps.
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