Bungalows Sold in Mimico, Toronto W06, 70 Listings












Sold Bungalow Benchmarks & Market Trends in Mimico, Toronto W06
Reviewing recently sold bungalows in Mimico, Toronto W06 provides direct, unvarnished insight into actual closing values and transaction liquidity. With 70 verified bungalow sales recorded on the MLS®, buyers and sellers can track real sale prices, sale-to-list price ratios, and average days on market (DOM).
Historical sales data in Mimico, Toronto W06 demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Mimico, Toronto W06
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $880,755 | 21 |
| 3 Beds | $1,008,233 | 30 |
| 4 Beds | $1,029,786 | 14 |
| 5+ Beds | $969,700 | 5 |
Mimico, Toronto W06 Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Mimico, Toronto W06 establish clear pricing benchmarks. Entry-level single-storey properties have traded from $615K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.3M. The benchmark average sold price for a bungalow in Mimico, Toronto W06 sits at $972K.
Because land value represents the overwhelming majority of a bungalow's total equity in Mimico, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Mimico, Toronto W06
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Mimico, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Mimico, Toronto W06 can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).
This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in Mimico, Toronto W06 exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Accessibility, Aging-in-Place & Downsizer Demand in Mimico, Toronto W06
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Mimico, Toronto W06 deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in Mimico, Toronto W06 represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Mimico, Toronto W06.
