|Markland Wood||←||in Etobicoke||→||Mount Olive-Silverstone-Jamestown|
Mimico is a neighborhood in the Etobicoke district of Toronto, Ontario. It was named for a First Nations' word for "Âœabundant with wild pigeons"Â owing to the number of the (now-extinct) passenger pigeons in the area. It is a very old neighborhood, with roots in the early 1800s. An attempt was made to incorporate Mimico into Toronto in the 1850s, when the railway was constructed through the area. The demand for housing was simply too low at the time, and the effort failed.
The turn of the century growth eventually led to the establishment of a village and eventually envelopment into Toronto proper. The desirable lakeside property and convenient railway access led to the construction of upper class homes along the shores of Lake Ontario during this period, some of which survive to this day.
Toronto's growth following World War II necessitated the construction of housing for the large number of immigrants from Europe and China coming to Canada. Mimico was used as a destination for these new residents, and a large number of high-rises and apartment buildings were constructed in the 1940s and 1950s.
Today, Mimico is experiencing a resurgence after a lull in development over the past few decades. The GO Transit system, relatively cheap housing, and lakeside location make it an attractive neighborhood for middle class families. Median income in the area has risen over the past decade, including a 40% increase in the number of families earning over $100,000. This upward is likely to continue as Toronto grows.
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