Vaughan – on the move, in more ways than one
October 26, 2020
Vaughan is a city on the move – quite literally, and in more ways than one. Located north of Toronto in York Region, Vaughan has long been one of the fastest growing municipalities in Canada, with a population now exceeding 306,000.
Comprising the Woodbridge, Maple, Thornhill, Concord and Kleinburg communities, each with their own characteristics and enjoying their own growth, Vaughan is a hub of development and activity.
Vaughan Metropolitan Centre
With Hwys. 400 and 407 right there, and Hwy. 7 also running through town, transportation and transit have long been important parts of Vaughan. Now they’re central to its future, with the new Vaughan Metropolitan Centre rapid transit station, the north terminus of the western section of the Toronto subway’s Line 1. It is also a major transit hub for York Region Transit and the Viva and Zum bus rapid transit services.
Economic growth is occurring in lockstep. Vaughan is now the third largest employment centre in the GTA after Toronto and Mississauga, and the largest contributor to York Region’s economy.
Manufacturing is the star economic performer here, accounting for 22 per cent of total employment, followed by construction, retail and wholesale trade, and transportation and warehousing. United Parcel Service, in fact, operates a signature shipping warehouse near Jane and Steeles.
In the near future, you can add healthcare to the mix of economic and lifestyle benefits, as the City has entered into a first-of-its-kind partnership with Mackenzie Health, York University and ventureLAB.
The City is leading the collaboration to transform an 82-acre parcel of land at Jane Street and Major Mackenzie Drive into the Vaughan Healthcare Centre Precinct. Vaughan, York University, Mackenzie Health and ventureLAB are to study the best use of lands surrounding the site of the Mackenzie Vaughan Hospital. The hospital is expected to open in early 2021.
The goal of the collaboration is for the Vaughan Healthcare Centre Precinct to leverage resources to bring healthcare, innovation and jobs to this growing community.
Lowrise living
Though Vaughan is noteworthy for a new condo development, centring around new transit infrastructure, there’s also noteworthy new lowrise communities in the area. This is where buyers come for expansive single-detached homes and large lots.
And once you’ve bought a home in Vaughan, Improve Canada will help you furnish and operate it. Located in Concord and more commonly known as the Vaughan Home Improvement Centre, the complex is a unique offering of about 400 home improvement stores.
Location, location, location
Located in the Regional Municipality of York; more than 273 sq. kms; population 306,233; includes the communities of Concord, Kleinburg, Maple, Thornhill and Woodbridge.
Key landmarks
• Canada’s Wonderland
• Kortright Centre for Conservation
• Vaughan Home Improvement Centre
• Vaughan Metropolitan Centre
• Vaughan Mills
Select housing developments
Copperwood
By Sorbara Group
sorbara.com
Evoke Modern Towns
By Treasure Hill Homes
treasurehill.com
Kleinburg Hills
By CountryWide Homes
countrywidehomes.ca
Kleinburg Summit
By Mattamy Homes
mattamyhomes.com
New Kleinburg
By Paradise Developments
paradisedevelopments.com
New Kleinburg
By Arista Homes
aristahomes.com
New Kleinburg
By Fieldgate Homes
fieldgatehomes.com
Port Royal Collection at Kleinburg Crown
By Caliber Homes
myportroyal.ca
About Wayne Karl
Wayne Karl is an award-winning writer and editor with experience in real estate and business. Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. wayne.karl@nexthome.ca