The old school finally closed its doors to students at the end of the school year in 1969, the old school building was renovated and modernised and became the Parish Hall or Community Centre. It was officially opened in November 1975 and was the hub of most activities in the parish, with concerts and plays being staged there.
The opening of the new school in September 1969 was fulfillment of a long cherished dream, and year of hard work. The man who did most to see this dream come true was the local curate Fr J.L. (Lory) Kehoe, who served in Ballycanew for ten years and had been transferred to duty in St Peter's College just a week before the official opening. Fr. Kehoe was present for the opening ceremonies and warm tributes were paid to him for his work, while the new curate, Fr. John Nolan, celebrated Mass in the new building. The school was opened by Donal Uas. 0 hUllachain, Chief Inspector of Primary Schools, and it was blessed by Most Rev. Donal J. Herlihy, bishop of Ferns.
The new school was in stark contrast to the old - modern and airy, it boasted central heating, full sanitation facilities and all mod-cons. It had a tennis court in the grounds which could also be used for basketball. The first teachers were those who came from the old school to the new - principal James Lucas, Mrs. Mary Kinsella and Mrs. Kathleen Redmond.
The new school cost the princely sum of £15,000, and was built on a site provided by local merchant and farmer, Michael O'Brien. The local contribution, which had been painstakingly collected on a weekly basis over many years, and through a series of fundraising field days and other events, was already paid in full. Praise was given at the opening to the generous response to fundraising by the non-Catholic people of the area.
Shortly after the new school was built, the County Council went ahead with the 44 house Ounavarra Estate which brought a lot of new people and young families into the area. It is ironic that within very few years of its opening the new school was overcrowded and extra space was needed.