Between St. Clair West and Eglinton West running east of Dufferin St.and west of Arlington.
Eglinton West and Arlington Ave.
Big houses, new transit route, Caribbean community, big trees, boutique condos, artsie.
DID YOU KNOW?:
Oakwood–Vaughan has officially been designated as an arts district. Statistics Canada data indicates that 8% of the area’s residents are employed in art or recreation compared with the 5% average for the City of Toronto.
Oakwood- Vaughan is the new Wychwood. Wychwood was once an emerging neighbourhood itself not too ago. It was a place for buyers to go when they could not afford to live in the Annex.
Since then, Wychwood has been anchored around one of the best community centres in the city, the Wychwood Barns, that has cultivated a strong and thriving community with a great selection of stores along St. Clair east of Dufferin. The success of Wychwood has led to much higher prices. And in turn, the migration continues north to Oakwood-Vaughan for some buyers looking for less expensive options.
So, to recap, Wychood was the new Annex, but Oakwood -Vaughan is the new Wychwood. In other words, Oakwood-Vaughan is the new, new Annex.
Like the neighbourhoods to the south, Oakwood-Vaughan has some style of homes you will find in the Annex. Huge Edwardians, cute Victorians, but with a smaller price tag. There is still room for improvement here, and the price of a home here has a lot to do with how close you are to St. Clair. The further you go north of St. Clair, the less your home will cost. If you cross north on Rogers Road, your home will likely cost a lot less. I’m not talking bargain basement prices here, but less expensive than Wychwood.
It really does have a lot of potential. And that has a lot to do with the Eglinton Crossway transit line that is currently under construction to the north of Oakwood-Vaughan along Eglinton Ave. As it has proven many times before, a good transit line can mean a lot to the values of the properties nearby.