In the heart of Olde Meadowvale Village Olde Meadowvale Village is a Heritage Conservation District; an area designated Ontario's First Heritage District, under the Ontario Heritage Act, for its architectural and historical significance. Heritage Walk is a new landmark in the old village of Meadowvale. It was founded in 1819 by John Beatty and his group of Irish immigrants from New York City. The farming village quickly grew and prospered. Saw, wool and flour mills soon sprang up. Wealthy mill owners built sturdy brick homes which are still standing today. The charm and beauty of this hamlet was recognized and protected by law. Meadowvale became Ontario’s first historic district. The beauty and ecology of the historic Credit River is also protected by the Credit Valley Conservation Authority. Throughout the years, people have recognized the profound sense of place here and have known it was worth preserving for all of us.