Within a few years, financial problems resulted in the property reverting to Joseph Duggan, the original landowner and retired innkeeper.
The track was at the junction of Kingston Road and Queen Street East, with only a narrow strip of land between it and Lake Ontario.
The OJC bought and closed the Orpen-owned Dufferin Park and Long Branch race tracks.
A new facility for Thoroughbred horse races was constructed in Etobicoke and given the name Woodbine Racetrack.
To commemorate the history of the site, two of the new residential roadways were given names that reflected horse racing themes: Northern Dancer Blvd.
The southern half of the property became Woodbine Park with a water fountain feature in a man-made pond.