Bungalow Finder logo - Mississauga, Toronto, GTA Real Estate

There are currently 5 for rent bungalow listings in Mimico, Toronto, Ontario with an average price of $2,070 CAD.

Listings:
5
Avg. Price:
$2,070
Map View
57 Manitoba Street Lower, Toronto, ON M8Y 1E1 - Property 1
FOR LEASE
$2,350/mo
57 Manitoba Street Lower, Toronto
2 bed • 1 bath • 1 parking•New
95 Royal York Road BSMT, Toronto, ON M8V 2T9 - Property 1
FOR LEASE
$1,500/mo
95 Royal York Road Bsmt, Toronto
1 bed • 1 bath • 0 parking
54 Burlington Street front main, Toronto, ON M8V 2L2 - Property 1
FOR LEASE
$2,650/mo
54 Burlington Street Front Main, Toronto
3 bed • 1 bath • 3,125 sqft
26 Victoria Street 1, Toronto, ON M8V 1M6 - Property 1
FOR LEASE
$1,650/mo
26 Victoria Street 1, Toronto
1 bed • 1 bath • 1 parking
54 Burlington Street, Toronto, ON M8V 2L2 - Property 1
FOR LEASE
$2,200/mo
54 Burlington Street, Toronto
2 bed • 1 bath • 3,125 sqft

Mimico, Toronto Bungalow Market Trends & Statistics

Verified MLS® bungalow pricing, sales velocity, and historical inventory data.

Seller's Market(266.7% SNR)
Median Sold (6M)
$982,500
-1.3% YoY
Avg. Days on Market
22 Days
6-month closed average
Sold (6M) / Active
24 / 9
Closed vs active inventory
6M / 2Y Price Change
-6.8% (6M)
2Y trend: -3%
Nov 26: Median $885,000 • 1 sold • 11 DOMHover or tap points to inspect monthly data
$640k$828k$1.01M$1.20M$1.39MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Mimico, Toronto Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$982,5002422 days9
1 Year$930,0003722 days9
3 Years$958,5007022 days9
5 Years$958,5007022 days9

Bungalow Rental Market Dynamics in Mimico, Toronto

The bungalow rental market in Mimico, Toronto currently features 5 verified single-storey lease listings on the MLS®. Offering tenants private fenced yards, multi-car driveways, and expansive single-level living without condo maintenance fees, detached bungalows in Mimico, Toronto provide exceptional comfort and privacy.

Prospective tenants in Mimico, Toronto can choose from traditional detached brick bungalows, raised bungalows with bright above-grade lower levels, and modern bungalofts featuring main-floor primary suites.

Average Prices by Bedroom in Mimico, Toronto

BedroomsAvg. PriceActive Listings
1 Bed$1,5752
2 Beds$2,2752
3 Beds$2,6501

Mimico, Toronto Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Mimico, Toronto is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $2K, while renovated full-home properties and executive bungalows lease for up to $3K. The average bungalow rental in Mimico, Toronto currently commands approximately $2K per month.

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

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 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 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

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Mimico, Toronto 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 represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Mimico, Toronto.

The average monthly lease price for a bungalow in Mimico is currently $2K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.