There are currently 70 sold bungalow listings in Mimico, Toronto, Ontario with an average price of $971,548 CAD.
- Listings:
- 70
- Avg. Price:
- $971,548
Bungalows Sold in Mimico, Toronto, 70 Listings












Mimico, Toronto Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Mimico, Toronto Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $982,500 | 24 | 22 days | 9 |
| 1 Year | $930,000 | 37 | 22 days | 9 |
| 3 Years | $958,500 | 70 | 22 days | 9 |
| 5 Years | $958,500 | 70 | 22 days | 9 |
Sold Bungalow Benchmarks & Market Trends in Mimico, Toronto
Reviewing recently sold bungalows in Mimico, Toronto 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 demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Mimico, Toronto
| 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 Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Mimico, Toronto 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 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
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.
