$499,000
8 Drummond Street 413
Toronto (Mimico), Ontario
1bed1bath
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
MLS® W13849092
condo in Toronto (Mimico)
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Market Analysis
Condo buyers in Mimico often comprise young professionals, first-time homebuyers, and downsizers looking for a vibrant community with easy access to urban amenities. The area's appeal extends to families seeking proximity to good schools and recreational facilities. Many are drawn to the waterfront lifestyle, with Mimico's scenic views of Lake Ontario serving as a backdrop for outdoor activities and community events. The neighborhood's rich cultural diversity fosters a vibrant social scene, catering to those who enjoy dining, shopping, and socializing in a lively environment. With ongoing development in the area, there’s also a sense of investment in the future, attracting tech-savvy millennials and retirees alike who desire a blend of convenience and leisure.
About This Property Type
Condos in Mimico are characterized by their contemporary design and variety, ranging from sleek high-rises to cozy boutique buildings. Many developments prioritize eco-friendly features and offer residents access to communal amenities such as rooftop gardens, fitness centers, and swimming pools. Units often come equipped with modern finishes, open-concept layouts, and large windows that maximize natural light. Historic conversions also add a unique touch, with properties like those on Mimico Avenue providing a blend of classic architecture and modern living spaces. The diversity in property styles allows buyers to choose a home that suits their aesthetic preferences while benefiting from the convenience of condo living.
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Location Highlights
Mimico is uniquely situated along the picturesque waterfront, providing residents with easy access to parks such as Humber Bay Park and the scenic Martin Goodman Trail. This slice of Toronto is well-connected with public transit options, including the Mimico Go Station, offering quick commutes to downtown Toronto. With the vibrant community at your doorstep, local shops, restaurants, and cafes line streets like Lake Shore Boulevard, ensuring convenience and accessibility. Families benefit from reputable schools such as George P. Vanier Secondary School and St. Leo Catholic School, making it a desirable location for a range of demographics. Moreover, the nearby Humber Bay Shores area adds to the neighborhood's allure with its waterfront activities and stunning views.
Buying Tips
When considering a condo purchase in Mimico, it's essential to conduct thorough research on the specific buildings and their amenities. Look into the condo board's health, assessing maintenance fees, reserve funds, and any upcoming assessments. Pay attention to the proximity of local amenities like grocery stores, parks, and public transit options. Streets such as Royal York and Lake Shore Boulevard are prime locations to explore with their vibrant community feel. It’s advisable to visit potential properties at different times of the day to gauge the neighborhood's liveliness and noise levels. Lastly, work with a local real estate agent familiar with Mimico's nuances to navigate the active market effectively.
Frequently Asked Questions About Toronto (Mimico)
How many condos are for sale in Toronto (Mimico)?
There are currently 211 condos listed for sale in Toronto (Mimico) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Toronto (Mimico)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in Toronto (Mimico)?
Condos in Toronto (Mimico) are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.