Buying in Etobicoke South — Mimico & Lakeshore
Etobicoke South real estate: avg $845,000 in Feb 2026. Waterfront condos, GO Train access, lakeside parks. Full market stats and guide.
Avg. Price
$845,000
-7.2% YoY
Median Price
$745,000
Sales / Month
85
Feb 2026
Days on Market
37
Buyer's Market
The Vibe
Etobicoke South is Toronto's emerging waterfront, a string of lakeside communities experiencing a condo boom that is transforming former industrial lands into vibrant mixed-use neighbourhoods. Mimico leads the charge with new towers offering lake views at a fraction of downtown prices, while Long Branch retains a quieter village feel. The GO Train makes commuting easy, and the waterfront trail connects it all.
Who Lives Here
- Population
- 48,000
- Growth
- +12.5% (2016-2021)
- Median Income
- $72,000
- Ownership Rate
- 52%
- Avg. Household Size
- 2.2
- Median Age
- 37.5
Community
Source: Census 2021, Statistics Canada
Who It's Good For
The types of buyers who tend to thrive in Etobicoke South — Mimico & Lakeshore.
Waterfront Value
Lakefront condos and homes at prices well below downtown waterfront, with GO Train access.
GO Train Commuters
Mimico and Long Branch GO stations offer 15-25 min rides to Union Station.
First-Time Buyers
Condos under $600K with waterfront access make this one of the most accessible lakefront options.
Price Breakdown by Home Type
Average selling prices in Etobicoke South — Mimico & Lakeshore based on TRREB MLS data for February 2026.
| Home Type | Average Price | YoY Change |
|---|---|---|
| Detached | $1,250,000 | -5.0% |
| Semi-Detached | $920,000 | -5.8% |
| Townhouse | $780,000 | -6.5% |
| Condo Apartment | $550,000 | -8.5% |
Source: Toronto Regional Real Estate Board (TRREB), Market Watch February 2026. Year-over-year change compared to February 2025.
Market Health
Key indicators showing whether Etobicoke South — Mimico & Lakeshore currently favours buyers or sellers.
SNLR
30.9%
Buyer's Market
Below 40% = buyer's market
Months of Inventory
5.5
Balanced supply levels
Avg. SP/LP
97%
Below asking — room to negotiate
Days on Market
30
LDOM
37
PDOM
Listing vs. property days on market
Neighbourhoods in Etobicoke South — Mimico & Lakeshore
Etobicoke South — Mimico & Lakeshore encompasses several distinct communities, each with its own character and housing stock.
Mimico
Rapidly developing condo hub with GO Transit, waterfront parks, and a growing restaurant scene.
New Toronto
Middle section with a mix of older homes and new developments along Lakeshore.
Long Branch
Southern tip with a village feel, heritage homes, and the Long Branch GO station.
Humber Bay Shores
Dense condo cluster with stunning skyline views and park access on the eastern edge.
Also known as
Mimico · New Toronto · Long Branch · Lakeshore · Colonel Samuel Smith Park
Getting Around
Transit, walkability, and commute information for Etobicoke South — Mimico & Lakeshore.
Mimico and Lakeshore are served by GO Transit's Lakeshore West line with stations at Mimico and Long Branch, plus the 501 Queen streetcar to Long Branch loop.
Major Transit Lines
Commute to Downtown Toronto: 15-25 min by GO Train to Union Station
78
Walk Score
72
Transit Score
70
Bike Score
Local Scene
What's on your doorstep when you buy in Etobicoke South — Mimico & Lakeshore.
Food & Dining
Ema Lakeshore
Modern brunch and dinner spot on Lakeshore Boulevard
Burrito Boyz
Massive burritos and a loyal local following
Nodo Lakeshore
Neapolitan pizza in the heart of Mimico's dining scene
Layla's Kitchen
Lebanese comfort food on Lake Shore Boulevard
Craft Burger
Gourmet burgers with lake views near the park
Casa Americo
Old-school Italian that has been a Mimico staple for decades
Attractions & Amenities
Colonel Samuel Smith Park
Waterfront park with marina, trails, and the Lakeshore Yacht Club
Humber Bay Park
Large waterfront park with butterfly habitat and skyline views
Waterfront Trail
Continuous cycling and walking path along the entire lakeshore
Mimico Waterfront Linear Park
Newly developed waterfront promenade connecting parks
Long Branch Village
Small-town feel commercial strip with local shops and cafes
Humber Bay Arch Bridge
Iconic pedestrian bridge with stunning skyline photography spot
Schools
School options available for families buying in Etobicoke South — Mimico & Lakeshore.
10
Public Schools
4
Catholic Schools
2
French Immersion
2
Private Schools
Frequently Asked Questions
Common questions from buyers considering Etobicoke South — Mimico & Lakeshore.
As of February 2026, the average is $845,000. Condos average $550K, making it one of Toronto's most affordable waterfront options.
Nearby Areas
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