The heart of every city is it’s downtown. Parks, restaurants, old homes, infill homes and modern condos. Downtown London has it all. In the summer months, London’s main downtown parks, Victoria and Harris Park, host festivals almost every weekend. Rock the Park, Sunfest, Kidsfest, and Ribfest are just a few of the many events downtown hosts. Not to mention New Years Eve and the lighting of the official Christmas lights that always draws a huge crowd.
Woodfield, Soho and the main downtown core are all experiencing growth and in some areas a renaissance. Soho is quickly becoming London’s tech corridor. Woodfield features homes built in the early 1800’s and these renovated properties can fetch some of the highest prices in the city. The skyline of downtown London is always changing.
A number of large scale downtown hi-rise condo projects have recently been completed. With more schedule for the next few years, a new transit system for London, and completion of a “Flex-Street” on Dundas the future looks increasingly bright for Downtown London.
4,010 people lived in the Downtown area in 2011.
21 percent of the 2,600 households are home owners.
Half of households have an annual total income greater than $50,553.
*Statistics via City of London ( www.London.ca )