It was abolished into Davenport, Eglinton—Lawrence, York South—Weston and St. Paul's. Oakwood was located in York, which was previously part of Metropolitan Toronto and is now part of the City of Toronto.
The area formerly known as Oakwood was reassigned to Davenport, Eglinton-Lawrence, York South-Weston, and St. Paul's wards.  Oakwood itself was located in York, which had previously been part of Metropolitan Toronto but is now a part of the City of Toronto.