Overview of Vaughan, Ontario, Canada

Population

Vaughan is one of the fastest-growing cities in Ontario with a population of approximately 340,000. It features a diverse multicultural community including Italian, Jewish, Chinese and other ethnic groups.

Economy

Vaughan's economy is driven by manufacturing, retail and construction sectors. Key economic highlights include:

• One of Canada's largest furniture retail hubs
• Vaughan Metropolitan Centre emerging as a business hub
• Headquarters of numerous multinational and Canadian companies

City Features

• Convenient transportation: Adjacent to Toronto with highway access and subway extension
• Abundant recreational facilities: Including Canada's Wonderland amusement park, golf courses and parks
• Quality education: Multiple public and Catholic schools
• Shopping convenience: Vaughan Mills is one of Ontario's largest shopping centers

Livability

Vaughan is considered one of the most livable cities in the Greater Toronto Area:

• Crime rate below national average
• Well-planned communities with high green space ratio
• Complete public service facilities
• Cultural diversity brings rich cuisine and community events

Real Estate Investment

Vaughan's real estate market features:

• Home prices lower than downtown Toronto but higher than some surrounding cities
• Detached houses and townhouses as main property types
• High appreciation potential in Vaughan Metropolitan Centre area
• Stable rental market demand
• Continuous infrastructure improvement driving property values