Maintenance Fees
The Element vs The King West Area
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Price History
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Amenities
Concierge
Indoor Pool
Party Room
Sauna
Visitor Parking
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore King West
Map
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
36
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
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 120 condos in the King West area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
46
Units were Rented over the past twelve months
Best Value Rank
The Element offers the best value out of 120 condos in the King West neighbourhood
?
Appreciation Rank
The Element has the highest ROI out of 120 condos in the King West neighbourhood
?
Rental Yield
The Element yields the highest rent prices out of 120 condos in the King West neighbourhood
?
High Demand
The Element is the most popular building out of 120 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 | $475,000 | $550,000 - $595,000 | $1,100,000 | $815,000 - $837,500 | No Data | No Data |
| Avg. Cost Per Sqft | $872 | $962 | $1,000 | $903 | No Data | No Data |
| Price Range | $2,050 - $2,500 | $2,250 - $2,600 | $2,900 - $3,800 | $3,100 - $7,500 | $6,800 | No Data |
| Avg. Wait for Unit Availability | 123 Days | 67 Days | 111 Days | 65 Days | 764 Days | No Data |
| Avg. Wait for Unit Availability | 42 Days | 29 Days | 54 Days | 31 Days | 276 Days | No Data |
| Ratio of Units in Building | 20% | 31% | 20% | 28% | 2% | 1% |
Market Inventory
Total number of units listed and sold in King West
MLS Restricted Listing
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