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    1516 - 20 Blue Jays Way

    $3,7002 bds2 ba1 pk838 sqft
    For RentThe Element
    5 Days on Strata
    Est Lease Timeframe:
    16 Days
    $3,700/mth
    2 Beds + 1
    2 Bath
    1 Parking
    838 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Possession Date:

    May 1, 2025

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    Balcony

    Furnished:

    No

    Exposure:

    South

    Locker:

    Owned

    Laundry:

    Main

    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

    Stunning 2 bedroom + den south facing suite in the amazing Element Condos in Toronto's westside downtown. This bright sun-filled and clean suite features large windows, great city view and ample space for at-home office. Stainless steel appliances, built-in dishwasher and ensuite washer/dryer. Underground parking and locker included. The condo features gym, lap pool, 24 hour concierge and roof top garden. Available as furnished for $300/month extra. A must see property! Check out the interactive 3d virtual tour. Book your appointment today before it gets scooped up!

    ExtrasHeat/Ac, Water, Parking, Locker

    right at home realtyMLS® #C12053662

    Fees & Utilities

    Utilities Included

    Rent Includes
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, Walkout To Balcony, Laminate

    21 x 10.17ft

    Dining

    Combined with Living, Large Window, Laminate

    21 x 10.17ft

    Kitchen

    Stainless Steel Appliances, Granite Counter, Tile Floor

    8.99 x 8.01ft

    Primary

    4 Piece Ensuite, Closet, Laminate

    12.89 x 10.17ft

    2nd Bedroom

    Large Window, Closet, Laminate

    10.5 x 8.99ft

    Den

    Separate Room, Laminate

    8.01 x 6ft

    Renter's Market
    Balanced
    Landlord's Market

    Similar Listings

    Explore King West


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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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    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%


    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
    LOW
    chance 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 again

    Property 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 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    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 Availability42 Days31 Days52 Days33 Days258 DaysNo Data
    Ratio of Units in Building21%31%20%28%2%1%

    Market Inventory

    Total number of units listed and leased in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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