Market data Mimico Condos Updated October 27, 2026
Mimico Condo Market.
Sale prices, days on market and trends for condos in Mimico, based on MLS® sales through September 2026.
September 2026 at a glance
(compared with September 2025)In September 2026, the median sale price for condos in Mimico was $557,500. Over the last three months, the median was down 2.5% from the same months a year earlier. 44 condos sold while 160 new listings came to market. Homes that sold took an average of 42 days to find a buyer. With a sales-to-new-listings ratio of 32% over the last three months, Mimico is a buyer's market right now.
Figures for September 2026 unless noted. "For sale now" is today's count. The median price and days on market changes compare the last three months with the same months a year earlier.
Buyer's market
New listings are outpacing sales, so buyers have more choice and room to negotiate.
Sales-to-new-listings ratio, last 3 months: 32%
Months of supply: 6.2
How Mimico compares
About the same
Condos in Mimico sold for about the same as the Toronto median ($558,500) in September 2026.
What it means
- Prices are easing: the 3-month median is down 2.5% from a year ago.
- Buyers have room to negotiate: 86% of condos sold under asking in the last 3 months.
- Supply is high: about 6.2 months of listings, so buyers have plenty of choice.
Prices
3-month median sale price
Each point averages three months, weighted by sales, to smooth out swings. That is why September's point ($618,000) differs from the September median above ($557,500). Hover a point for that month on its own.
Price per square foot
Average sale price per square foot each month. Most listings give size as a range, so we use the middle of it.
How condos sold against the asking price
Share of condos that sold over, at or under their asking price, Jul 2026 to Sep 2026.
Condos for sale now in Mimico
Supply and demand
When new listings outpace sales, buyers have more choice. When sales catch up, sellers gain the edge.
Sales and new listings, by month
Sales-to-new-listings ratio
Below 40% favours buyers, 40 to 60% is balanced, above 60% favours sellers. The market card above uses the last three months together.
Days on market
Average number of days homes that sold were on the market. Fewer days usually means more competition.
Recently sold in Mimico
Members128 condos sold in the last 90 days.
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Nearby neighbourhoods
How condos in Mimico compare with the areas next door.
| Neighbourhood | Median sale price | Days on market | Market |
|---|---|---|---|
| Mimico (this area) | $557,500 | 42 | Buyer's market |
| Stonegate-Queensway | $520,000 | 27 | Buyer's market |
| High Park-Swansea | $585,000 | 41 | Balanced market |
| New Toronto | |||
| Lambton Baby Point |
Latest month with sales for each area.
Frequently asked questions
What is the average price of condos in Mimico?
The median sale price for condos in Mimico was $557,500 in September 2026, down 2.5% year over year.
How long does it take to sell a condo in Mimico?
In September 2026, condos that sold in Mimico were on the market for an average of 42 days.
Is Mimico a buyer's or seller's market?
Mimico is currently a buyer's market for condos. New listings are outpacing sales, so buyers have more choice and room to negotiate. This is based on the ratio of sales to new listings over the last three months (32%).
For owners in Mimico
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