Photo: Sikander Iqbal · CC BY-SA 4.0Apartments make up 52% of the homes in Mimico-Queensway, where Ontario’s towns have 13%
The middle home was worth $1,000,000 at the 2021 census, the average $1,054,392. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Mimico-Queensway’s homes actually sold for.
Two ways to price a home in Mimico-Queensway
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario.
median, owners’ estimate
- Average
- $1.05M
- Owners
- 4,155
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH). · Shared with the rest of the city of Toronto: assessed values, values by property type and building permits
On the assessment roll, Toronto’s houses sit at 3.1 times Ontario’s towns
Assessors listed 840,850 residential properties in Toronto for 2024, 42% of them condos.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
Core housing need: 18% of Mimico-Queensway’s households, where Ontario’s towns sit at 9%
People lived in 7,880 homes in Mimico-Queensway at the 2021 census. Half went up before 1981. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Mimico-Queensway | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 16% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 8% | 5% | 3% |
| Households in core housing need | 18% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Toronto permitted 17.6 new homes a year per 1,000, close to the 15 of Ontario’s towns
Some 20,789 homes a year: 124,736 in all were permitted in Toronto from 2018 to 2023. Apartments and other multi-unit buildings dominate: only 5% were single-unit, against 66% for Ontario’s towns.
A peak in 2020: 27,295 new homes
New homes a year per 1,000 homes
Slowing: 35,927 new homes in the 12 months to August 2026, 13% fewer
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Monthly permits: the Toronto metro area
Mimico-Queensway is 44% above the $695,000 median of Ontario’s towns
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Mimico-Queensway: Humber Bay Shores
Next to Mimico-Queensway: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Mimico-Queensway | $1M | $1.05M | 53% | |
| Humber Bay Shores | $675K | $749K | 54% | 1.3 |
| Stonegate-Queensway | $1.35M | $1.44M | 63% | 2.2 |
| New Toronto | $950K | $1.01M | 44% | 2.2 |
| High Park-Swansea | $990K | $1.42M | 60% | 3.4 |
| Long Branch | $1M | $1.09M | 50% | 3.8 |
| Alderwood | $1M | $1.13M | 77% | 3.9 |
Census 2021 values; km.
Questions about property prices in Mimico-Queensway
Is Mimico-Queensway expensive for Ontario?
Dearer than the middle: Ontario’s towns come to $695,000, Mimico-Queensway to more.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).