Old East Village has seen a renaissance of sorts in recent years. A designated heritage district Old East Village is full of young families, students, and long time home owners. It has proven to be particularly popular with first time home buyers in the last few years.
The broader area around Old East is rich in history. Sir Frederick Banting the inventor of insulin has a former home in the area. It is designated as a National Historic Site. Imperial Oil formed in the area when sixteen small oil refineries joined forces in 1880.
9,575 people live in East London, 8 percent fewer than in 2006.
56 percent of the 4,825 households are homeowners.
Half of households have an annual total income of over $40,157.
*Stats via the City of London ( www.London.ca)