never heard of scotia heights, but i agree with poot...you would have to be from bangladesh to think osborne village is ritzy....
the osborne/corydon area is loaded with younger people, has good amenities and transit access, which will only improve as the rapid transit line is completed to the university....the exchange district is architecturally interesting but it isnt really a liveable neighbourhood yet.
if it were me i would look to rent a house or a part of one of the old houses on the many elm lined streets in the area....it isnt manhattan but it is a decent urban experience that cant be found everywhere....many of the big 3 storey, century old houses are broken into smaller flats.
failing that...live here....the most beautiful building in the area...and one of the nicest in the city....this gives you an idea of prices....3 bedroom for $1300?.....how can you beat that?