Maintenance Fees
The Element vs The King West Area
$599,0001 bd1 ba1 pk585 sqft
For SaleThe Element
41 Days on Strata
$599,000
Price Cut: $618,000
Price Cut: $618,000
1 Bed + 1
1 Bath
1 Parking
585 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$481/mth
Taxes:
$2,568 (2024)
Cost Per Sqft:
$1,024/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
East
Possession Date:
60 days/TBA
Amenities
Indoor Pool
Lap Pool
Rooftop Deck
Security System
Guest Suites
Sauna
Rec Room
Gym Room
Visitor Parking
Indoor Parking
Party Room
Concierge
About this Listing
Welcome To The Element! Located In The Heart Of The Entertainment District, This 1 Bedroom + Den Features A Desirable Layout With An Open Concept Living Space - Updated Kitchen Countertops and Flooring - Large Kitchen Island With Option For Barstools - Open Den - (1) Parking Spot Included! At The Corner of Front and Blue Jays Way, You Will Be Living In A Walker's Paradise.. Down The Street From The Well, Theatre, TIFF, Nobu and King St W Around The Corner, Rabba Fine Foods Across The Street, Rogers Centre, Close To The Path (Skywalk, UP Express, Union Station) Hotel Style Condo Amenities ~ Exercise Room With CN Tower Views, Party Room, Indoor Pool, Concierge and More. First-Time Buyers - Great Opportunity To Enter The Market!
ExtrasAll Existing Electric Light Fixtures, All Existing Window Coverings, Fridge, Stove, Microwave, Washer and Dryer. (1) Parking Spot.
re/max all-stars realty inc.MLS® #C11985479
Fees & Utilities
Maintenance Fees
Included in Fees
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Fan Coil
Room Dimensions
Kitchen
Centre Island
12.99 x 7.38ft
Living
Combined with Dining, Open Concept, Walkout To Balcony
15.78 x 9.94ft
Dining
Combined with Living, Open Concept
15.78 x 9.94ft
Den
Open Concept
8.5 x 5.74ft
Bedroom
Window, Mirrored Closet
11.16 x 8.79ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
24,225
Average Individual Income
$66,367
Average Household Size
3 persons
Average Age
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At The Element
Days on Strata
Units at The Element spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
57th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
38
Units were Rented over the past twelve months
Best Value Rank
The Element offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
The Element has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
The Element yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
The Element is the most popular building out of 112 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at The Element
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $592,000 | $565,000 - $595,000 | $1,100,000 - $1,150,000 | $815,000 - $824,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,097 | $896 | $991 | $860 | No Data | No Data |
| Price Range | $2,150 - $2,750 | $2,250 - $2,600 | $3,250 - $3,800 | $3,100 - $7,500 | $6,800 | $6,995 |
| Avg. Wait for Unit Availability | 108 Days | 66 Days | 112 Days | 62 Days | 805 Days | No Data |
| Avg. Wait for Unit Availability | 42 Days | 31 Days | 52 Days | 33 Days | 258 Days | No Data |
| Ratio of Units in Building | 21% | 31% | 20% | 28% | 2% | 1% |
Market Inventory
Total number of units listed and sold in King West
