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    20 Blue Jays Way

    The Element
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    6for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    25
    Number of Units:
    352
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    517 - 2,874 SQFT
    Unit Availability:
    Medium

    Listing History for The Element

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    Amenities

    Guest Suites
    Concierge
    Security System
    Indoor Parking
    Lap Pool
    Rooftop Deck

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 20 Blue Jays WayThe Element

    The Element Condos are anything but understated: the building is a powerful presence on the corner of Front Street West and Blue Jays Way. The rounded façade is speckled with glass balconies, as are the other sides of the structure, hinting at the lavish lifestyles enjoyed by residents at 20 Blue Jays Way.

    While private outdoor spaces are abundant, those living closer to the top of this 25-storey downtown Toronto condo are clearly granted the greatest views from their balconies. And with the 352 units in total, suites on any floor of the building have a good chance of appearing on the market every now and then.

    Completed in 2007, this property is a classic example of Toronto’s ever-popular glass and steel high-rise residences. The building is unique in one way, however: its devotion to the environment. This eco-friendly residence even uses water from Lake Ontario to heat and cool the building.

    With a lobby covering two floors of the building, one might expect this to be it for common space. That couldn’t be farther from the truth, though, as the building also contains a games room with cards and billiards tables, a gym, hot tub, sauna, and pool, as well as a party room and cinema.

    And as if those amenities weren’t enough, the architects were clever enough to know how much Torontonians love spending time outdoors when they can. As a result, the building boasts a rooftop terrace for gathering in groups or relaxing in solitude. Plus, the Element Condos features guest suites, a concierge, and visitor parking, so that residents can let friends and family experience how well they are living.

    The Suites

    With over a decade of occupancy behind them, the homes at 20 Blue Jays Way have had plenty of time to receive an upgrade or two from previous owners. As a result, these King West condos vary in terms of aesthetics, amenities, and appliances. Hardwood flooring and open concept layouts are common nonetheless.

    The suites range quite drastically in size, beginning at around 500 and reaching to approximately 2,600 square feet. With one, two, or three bedrooms each, these homes can satisfy all types of buyers.

    Hardwood flooring, open concept floor plans, and plenty of natural sunlight provide both elegance and spaciousness to these homes, while the overall vibe is upscale, fresh, and contemporary.

    The Neighbourhood

    In terms of location, you'd be hard pressed to find Toronto condos for sale with a better spot than 20 Blue Jays Way. Living in the heart of the Entertainment District certainly has its perks, while the building’s close proximity to Lake Ontario doesn’t hurt either.

    Residents are equidistant to the TIFF Bell Lightbox, the Rogers Centre, the CN Tower, and Roy Thompson Hall — just to name a few important venues. Various parks can be found in the area as well, including Clarence Square, HTO West, and the Spadina Quay Wetlands.

    For foodies, it’s a great thing Spadina Avenue and King Street are within close reach. King is home to some of the most posh and exclusive eateries in the city, while a short trip up Spadina will land residents amidst eclectic home cooking in the Chinatown neighbourhood.

    Those who love to cook are equally fortuitous, thanks to the Metro on Wellington Street West, which is just 500 metres from the Element Condos. Alternatively, residents can head over to King and Spadina to hit two birds with one stone: an LCBO is located directly across the street from the Fresh & Wild Food Market.

    Transportation

    From 20 Blue Jays Way, Union Station can be reached in about 12 minutes on foot, or around 10 minutes via the Front Street streetcar. From here, residents have many options for travelling about the city—and beyond.

    Even residents without cars can reach any pocket of the city by way of the TTC’s network of subway trains, streetcars, and buses. Northbound trains on the Yonge-University-Spadina line can be accessed via Union Station. Alternatively, those exiting the city can visit Union Station in order to catch VIA Rail trains, GO trains and buses, and the UP service to Pearson International Airport.

    Those who prefer to drive can make use of Spadina Avenue to reach the Gardiner Expressway. This fast-paced highway is a great way to zoom along the southern edge of the city, and from here one can transfer onto the 427 or the Don Valley Parkway with ease.

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    Explore King West

    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
    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%

    Maintenance Fees

    The Element vs The King West Area

    Days on Strata

    Units at The Element spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    6.3
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    59th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    36
    Units were Rented over the past twelve months

    Best Value Rank

    The Element offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    The Element has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    The Element yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    The Element is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 20 Blue Jays Way

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$592,000$565,000 - $640,000$1,125,000 - $1,150,000$824,000 - $860,000No DataNo Data
    Avg. Cost Per Sqft$1,097$956$979$948No DataNo Data
    Avg. Wait for Unit Availability111 Days63 Days107 Days62 Days805 DaysNo Data
    Ratio of Units in Building20%31%22%27%2%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West