$1,399,000
For sale: Detached

Excellent Development Potential in Highly Coveted Mimico. Rare 50 x 125 Ft Lot in One of the City's Most Vibrant Lakeside Communities. Effortless Stroll to Mimico Go Station, Lake Ontario and Top Tier Schools. This Huge 4 Level Backsplit Features 4 Bedrooms, 4 Bathrooms, Cathedral Ceiling in Entry & Foyer, Separate Entrance to Lower Levels with Walkout at Grade, Huge Above Grade Family Room, Replaced Oak Hardwood Floors & Stairs in LR, DR & Family Room. Roof 2018, Solid Double Garage with Large Loft Area, Double Drive-way. Renovate to Build Your Ultimate Custom Dream Home or Apply to Sever and Build Two! This property offers many Opportunities in a Highly Desirable Neighbourhood
Sold data
Homes in Mimico took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 48, across 159 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $689,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 159 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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