08/22/2016 07:38 EDT | Updated 08/23/2017 01:12 EDT

Canada's Olympic athletes to return Tuesday and Wednesday, fanfare to follow

TORONTO — Members of Canada's Olympic team — including closing ceremony flag-bearer Penny Oleksiak — will be back on home turf bright and early Tuesday morning.

A second round of athletes will be arriving early Wednesday morning.

The returning athletes will arrive to Toronto's Pearson Airport at about 5:30 a.m. on both days.

Most of the buzz surrounds 16-year-old Oleksiak, who the Canadian Olympic Committee says is the country's youngest ever gold medal winner at the Olympic Games.

In her east-end Toronto neighbourhood of the Beach, residents are planning a celebration for her return, tentatively planned for Aug. 28.

Johanna Carlo, a board member of the Beach Village Business Improvement Area, says the group has applied for a permit to hold a big party for Oleksiak and other athletes who have lived in the neighbourhood.

Carlo says they're planning on having live music, and she's hoping people will bring home-made signs and wear red and white.