55 ALGOMA STREET, Toronto (Mimico)

$1,769,000

For sale: Detached

Detached at 55 ALGOMA STREET, Toronto (Mimico)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 5 bathrooms
Living area
2,000 sqft
MLS®
MLS® W13784776
Neighbourhood
Mimico

Welcome to this beautifully renovated detached four-bedroom, five-bathroom home in the highly desirable Mimico community. This pocket of Mimico is known for its charming village feel, walkable local shops, and steps to GO transit, parks, schools, and the waterfront.The home features a fully updated interior.The main and second floors feature milled ash hardwood floors reclaimed from barns in southwestern Ontario, a stunning kitchen with quartz countertops and a functional, modern layout ideal for family living and entertaining. A walkout from the kitchen leads directly to the back garden, creating an easy indoor outdoor flow for everyday living. A powder room on the main floor adds everyday convenience. The underpinned basement offers rare eight foot ceilings, heated floors, a spacious and cozy family room, and a self contained in law suite with a separate entrance that is well suited for extended family or income potential. Upstairs, the primary suite showcases a vaulted ceiling, creating a bright, airy retreat with a sense of openness and calm. Both second floor bathrooms are finished with luxurious heated floors and skylights adding comfort and refinement to daily routines. The guest suite on this level also features a skylight that brings natural light into the space. Walk in closets and plenty of storage throughout the home add to its practicality and appeal.A separate detached garage provides valuable additional space and would make an excellent studio, workshop, gym, or creative workspace. At the end of the street, a newly updated public park offers a climbing gym, splash pad, dog park, and running track, creating a vibrant extension of the neighbourhood for families and people who enjoy an active outdoor lifestyle.Located steps from Mimico Village, parks, schools, and transit, this home blends luxury, comfort, and convenience in one of Etobicoke's most sought after neighbourhoods.

Sold data

Detached homes in Toronto (Mimico) — recent sold market

Detached homes in Toronto (Mimico) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 41, across 1,809 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 40 days.

The median sale price was $1,189,900.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$1,189,900
Sale-to-list ratio
97.0%
Sold above asking
24%

Based on 1,809 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Mimico)

Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Mimico)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 55 ALGOMA STREET