Mimico Rental Comps & Market Trends
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 50 tracked properties across Mimico, Etobicoke.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Mimico
Closed Leases
Transactions that closed in August 2026 across Mimico
Mimico Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Mimico Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Mimico, Etobicoke.
| Action | |||||
|---|---|---|---|---|---|
Vita on the Lake 70 Annie Craig Dr | $3,531/mo | $4.85/SF | 8leases | 8units | Comps |
Lago 56 Annie Craig Dr | $2,686/mo | $4.55/SF | 8leases | 4units | Comps |
Nautilus at Waterview 16 Brookers Lane | $2,992/mo | $3.65/SF | 5leases | 3units | Comps |
Sunset at California Condos 165 Legion Rd N | $2,463/mo | $3.92/SF | 4leases | 4units | Comps |
Key West Condos 36 Park Lawn Rd | $2,500/mo | $3.75/SF | 4leases | 3units | Comps |
Phoenix 251 Manitoba St | $2,367/mo | $3.86/SF | 3leases | 14units | Comps |
The Cove at Waterways 39 Annie Craig Dr | $2,467/mo | $4.09/SF | 3leases | 5units | Comps |
Ocean Club - Tower 59 Annie Craig Dr | $2,400/mo | $4.13/SF | 3leases | 4units | Comps |
South Beach Condos - East Tower 90 Park Lawn Rd | $2,783/mo | $4.21/SF | 3leases | 4units | Comps |
Waterscapes at Waterview 80 Marine Parade Dr | $3,550/mo | $3.77/SF | 2leases | 2units | Comps |
Vita Two on the Lake 65 Annie Craig Dr | $2,400/mo | $4.80/SF | 2leases | 2units | Comps |
Palace Pier 2045 Lake Shore Blvd W | $5,675/mo | $2.68/SF | 2leases | 1unit | Comps |
Jade Waterfront Condos 33 Shore Breeze Dr | $2,150/mo | $4.13/SF | 2leases | 0units | Comps |
Waterview I - Voyager 2121 Lake Shore Blvd W | $2,850/mo | $3.55/SF | 2leases | 0units | Comps |
Skylofts at Mystic Pointe 250 Manitoba St | $3,100/mo | $3.15/SF | 2leases | 0units | Comps |
Waterview III & IV - Explorer 58 Marine Parade Dr | $4,000/mo | $3.08/SF | 1lease | 3units | Comps |
Riva del Lago 110 Marine Parade Dr | $4,300/mo | $3.31/SF | 1lease | 3units | Comps |
South Beach Condos - West Tower 88 Park Lawn Rd | $2,700/mo | $4.15/SF | 1lease | 2units | Comps |
Lofts at Mystic Pointe 300 Manitoba St | $2,850/mo | $2.59/SF | 1lease | 2units | Comps |
Palace Place 1 Palace Pier Crt | $3,000/mo | $3.53/SF | 1lease | 1unit | Comps |
Grand Harbour I 2285 Lake Shore Blvd W | $2,700/mo | $3.18/SF | 1lease | 1unit | Comps |
Eau du Soleil - Sky Tower 30 Shore Breeze Dr | $2,800/mo | $4.31/SF | 1lease | 0units | Comps |
Eau du Soleil - Water Tower 20 Shore Breeze Dr | $2,400/mo | $4.36/SF | 1lease | 0units | Comps |
Tides at Mystic Pointe 185 Legion Rd N | $3,300/mo | $3.47/SF | 1lease | 0units | Comps |
Grenadier Landing 5 Marine Parade Dr | $3,700/mo | $4.11/SF | 1lease | 0units | Comps |
iLoft at Mystic Pointe 155 Legion Rd N | $3,200/mo | $3.37/SF | 1lease | 0units | Comps |
Newport Beach I & II 2111 Lake Shore Blvd W | $5,800/mo | $3.63/SF | 1lease | 0units | Comps |
Mystic Pointe Skylofts II 200 Manitoba St | $2,700/mo | $3.60/SF | 1lease | 0units | Comps |
Waterview II - Voyager 2119 Lake Shore Blvd W | $2,475/mo | $3.30/SF | 1lease | 0units | Comps |
Ocean Club - Boutique 60 Annie Craig Dr | $2,500/mo | $3.33/SF | 1lease | 0units | Comps |
Nevis - Tower 88 Palace Pier Crt | $2,050/mo | $3.73/SF | 1lease | 0units | Comps |
Grand Harbour II 2287 Lake Shore Blvd W | $2,845/mo | $3.35/SF | 1lease | 0units | Comps |
Waterford Tower I 2087 Lake Shore Blvd W | $2,900/mo | $3.87/SF | 1lease | 0units | Comps |
The Player's Club 2067 Lake Shore Blvd W | $3,600/mo | $9.00/SF | 1lease | 0units | Comps |
Waterford Tower II 2083 Lake Shore Blvd W | $3,025(ask) | $4.03 (ask) | 0leases | 2units | Comps |
The Legends at Mystic Pointe 190 Manitoba St | $2,450(ask) | $3.27 (ask) | 0leases | 1unit | Comps |
Westlake Encore 10 Park Lawn Rd | — | — | 0leases | 0units | Comps |
Westlake 1 2220 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Westlake 2 2200 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Westlake 3 2212 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Beyond the Sea - Star Tower 2230 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Marina Del Rey I 2261 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Beyond the Sea - II 2240 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Marina Del Rey II 2267 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Marina Del Rey III 2269 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Beyond the Sea - I 15 Legion Rd | — | — | 0leases | 0units | Comps |
Eleven Superior 11 Superior Ave | — | — | 0leases | 0units | Comps |
Waterford 2095 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Grand Harbour III 2289 Lake Shore Blvd W | — | — | 0leases | 0units | Comps |
Nevis - Villa 80 Palace Pier Crt | — | — | 0leases | 0units | Comps |
70 Annie Craig Dr
56 Annie Craig Dr
16 Brookers Lane
165 Legion Rd N
36 Park Lawn Rd
251 Manitoba St
39 Annie Craig Dr
59 Annie Craig Dr
90 Park Lawn Rd
80 Marine Parade Dr
65 Annie Craig Dr
2045 Lake Shore Blvd W
33 Shore Breeze Dr
2121 Lake Shore Blvd W
250 Manitoba St
58 Marine Parade Dr
110 Marine Parade Dr
88 Park Lawn Rd
300 Manitoba St
1 Palace Pier Crt
2285 Lake Shore Blvd W
30 Shore Breeze Dr
20 Shore Breeze Dr
185 Legion Rd N
5 Marine Parade Dr
155 Legion Rd N
2111 Lake Shore Blvd W
200 Manitoba St
2119 Lake Shore Blvd W
60 Annie Craig Dr
88 Palace Pier Crt
2287 Lake Shore Blvd W
2087 Lake Shore Blvd W
2067 Lake Shore Blvd W
2083 Lake Shore Blvd W
190 Manitoba St
10 Park Lawn Rd
2220 Lake Shore Blvd W
2200 Lake Shore Blvd W
2212 Lake Shore Blvd W
2230 Lake Shore Blvd W
2261 Lake Shore Blvd W
2240 Lake Shore Blvd W
2267 Lake Shore Blvd W
2269 Lake Shore Blvd W
15 Legion Rd
11 Superior Ave
2095 Lake Shore Blvd W
2289 Lake Shore Blvd W
80 Palace Pier Crt
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Mimico.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.
The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.
Mimico Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Mimico
Mimico is an established residential submarket within Etobicoke, comprising 50 tracked condominium and multi-family properties. The neighbourhood benefits from strong local demand, proximity to regional employment nodes, and accessible neighborhood commercial amenities.
Transportation throughout Mimico is anchored by municipal transit connections, primary arterial thoroughfares, and nearby regional highways, connecting residents efficiently across Etobicoke and the wider Greater Toronto Area.
The residential inventory in Mimico features a balanced mix of contemporary condominium developments and established multi-residential suites, offering versatile floor plans tailored to individuals, couples, and working professionals.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Mimico is currently $2,934/month ($4.05/SF), with an average leasing velocity of 22 Days on Market. Compared to the overall Etobicoke municipal benchmark ($2,691/month), Mimico trades at a 9% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Nevis - Tower ($2,050/mo) to Newport Beach I & II ($5,800/mo).
Currently across Mimico's 50 tracked multi-family properties, there are 69 active rental listings with an average asking rent of $3,233/month ($4.36/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,934/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Evaluate both verified closed lease comps and active asking prices across Mimico to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 22 days on market, prepare pre-verified credit reports, proof of employment, and deposit drafts prior to viewings. Check building construction completion dates to confirm Ontario rent control guideline applicability.
For Landlords
Aligning initial asking rents with recent 30-day closed transactions rather than speculative active listings prevents extended vacancy periods and protects net operating income. At an average rent of $2,934/mo, each day of vacancy costs $98/day. Pricing your listing accurately to 30-day verified comps eliminates costly extended marketing periods and protects your annual net operating income.
For Realtors
Review building-level historical lease velocity and $/SF trends in Mimico to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Mimico's 50 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.
Mimico Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Mimico, Etobicoke
Based on lease transactions tracked by FastScreen in August 2026 across 50 tracked condominium and apartment buildings in Mimico, realized rents by unit layout average:
- Studio / Bachelor:$1,995/mo($4.34/SF · 460 SF)+$165 vs Etobicoke avg
- 1-Bedroom:$2,394/mo($4.18/SF · 593 SF)+$187 vs Etobicoke avg
- 1-Bedroom + Den:$2,564/mo($3.76/SF · 685 SF)+$169 vs Etobicoke avg
- 2-Bedroom:$3,441/mo($4.05/SF · 891 SF)+$481 vs Etobicoke avg
- 2-Bedroom + Den:$4,270/mo($4.86/SF · 1068 SF)+$1,041 vs Etobicoke avg
- 3-Bedroom+:$5,800/mo($3.63/SF · 1600 SF)+$1,763 vs Etobicoke avg
Overall market leasing across all unit layouts averaged $2,934/month ($4.05/SF) with an average of 22 Days on Market. Active rental listings currently average $3,233/month ($4.36/SF) for an average unit size of 761 SF.
Explore Other Etobicoke Submarkets
Compare neighbourhood comps and rental rates for leased units across Etobicoke against Mimico