Maintenance Fees
The Element vs The King West Area
$3,4002 bds2 ba1 pk905 sqft
For RentThe Element
4.0
4 Days on Strata
$3,400/mth
2 Beds + 1
2 Bath
1 Parking
905 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Terrace
Furnished:
No
Exposure:
North West
Locker:
None
Amenities
Party Room
Lap Pool
Concierge
Indoor Parking
Sauna
Guest Suites
Indoor Pool
Security System
Gym
Visitor Parking
Rec Room
Rooftop Deck
About this Listing
Spacious and well-designed, this two bedroom + den suite offers 905 sq ft of modern living space, complete with parking and an oversized terrace. The open-concept kitchen features a large centre island overlooking the dining and living area, perfect for entertaining or everyday comfort. Functional split-bedroom layout and generously sized den with a door offers the perfect space for a home office or guest room. Enjoy top-tier amenities including a lovely lobby, party and games room, fully equipped gym, sauna, 22nd-floor terrace with shared BBQs, and 24-hour concierge. Located in the vibrant King West neighbourhood, you're surrounded by some of Toronto's best restaurants, cafes, and nightlife. Just steps to the Rogers Centre, CN Tower, Ripley's Aquarium and easy access to the TTC and underground PATH system, this is downtown living at its finest.
ExtrasAll electric light fixtures, fridge, stove, microwave, dishwasher, washer & dryer. (option to include king bed, desk, couch, dining room table & chairs).
chestnut park real estate limitedMLS® #C12080650
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Foyer
Closet, 3 Piece Bath
5.58 x 5.58ft
Kitchen
Centre Island, Stone Counter, Eat-In Kitchen
11.71 x 8.33ft
Dining
Open Concept, Combined with Kitchen, O/Looks Living
8.83 x 7.45ft
Primary
4 Piece Ensuite, Walk-in Closet, Window
18.73 x 9.74ft
2nd Bedroom
Closet, Window
12.73 x 11.12ft
Den
Separate Room
9.15 x 9.35ft
Renter's Market
Balanced
Landlord's Market
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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.
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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
35
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
-5%
Decrease in property value within the past twelve months
Price Ranking
56th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
35
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 - $837,500 | No Data | No Data |
| Avg. Cost Per Sqft | $1,097 | $896 | $992 | $885 | No Data | No Data |
| Price Range | $2,150 - $2,750 | $2,250 - $2,600 | $3,250 - $3,800 | $3,100 - $7,500 | No Data | $6,995 |
| Avg. Wait for Unit Availability | 108 Days | 67 Days | 107 Days | 63 Days | 764 Days | No Data |
| Avg. Wait for Unit Availability | 43 Days | 30 Days | 52 Days | 33 Days | 343 Days | 392 Days |
| Ratio of Units in Building | 21% | 31% | 20% | 28% | 2% | 1% |
Market Inventory
Total number of units listed and leased in King West
