Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Wellington Place
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20 Blue Jays Way, Toronto
Built
2007
Storeys
25
Suites
352
Developer
Tridel
Corporation
TSCC-1851
Walk Score
99
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What is your unit at The Element worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Very Bikeable
Transit, nearest first
- 510Spadina Ave at Front St West North Side510 Spadina streetcar0.2 km
- 1St Andrew stationLine 1 Yonge–University0.7 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.9 km
- UPUnion stationUP Express · Pearson to Union0.9 km
- 114Queens Quay EastTTC bus1.0 km
- 121Esplanade-RiverTTC bus1.0 km
- 202Cherry BeachTTC bus1.0 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–6
Ogden Junior Public School
33 Phoebe St, Toronto
0.7 km · ~11 min walk
Zoned for this address
MiddleGr 7–8
Ryerson Community School
96 Denison Ave, Toronto
1.2 km · ~19 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
2.7 km
Zoned for this address
Catholic elementary
Bishop Macdonell Catholic Elementary
0.5 km · ~8 min walk
Nearest, confirm zoning
Catholic elementary
St Mary Catholic Elementary School
1.1 km · ~17 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.3 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
2.0 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at The Element actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 2 | too few | 32 | $2,450/mo |
| 2 bed | 3 | $805,000 | 11 | $3,300/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at The Element
Do mostly owners or renters live here?
Renter-heavy building. Of 100 deals here in the last 24 months, 89 were leases and 11 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at The Element?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about The Element
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at The Element lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Mexican
Fat Bastard Burrito
Steps away
Mexican
Fat Bastard Burrito Co.
Steps away
Coffee
Tim Hortons
Steps away
Pizza
Pizza Pizza
Steps away
Restaurant
Siempre Breakfest & Lunch Restaurant
Steps away
Pizza
Domino's Pizza
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Clarence Square Park
- Northern Linear Park
- Isabella Valancy Crawford Park
Nearest grocery
No Frills
0.6 km · ~9 min walk
Prices: TRREB MLS® System aggregate medians for 20 Blue Jays Way, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
The Element is a Tridel building from the first wave of the Entertainment District condo boom, and it put its best amenities on the roof rather than in the basement. It sits at Front and Blue Jays Way, a short walk from the Rogers Centre and the Financial District. Most of the activity here is rentals, and that tells you a lot about who lives here and how to buy. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
The Element is a 25-storey, 352-suite condominium at 20 Blue Jays Way, at Front Street West, in the Wellington Place area of downtown Toronto. It was built by Tridel and completed in 2007; the condominium corporation is TSCC-1851, registered 11 May 2007. Suites run from about 525 to 2,610 sq ft. Maintenance fees include common elements, heat, water, air conditioning and building insurance.
The Element at a glance
An early Tridel tower on Front Street
UrbanToronto’s archive shows the crane going up at Front and Blue Jays Way in August 2005, when this part of downtown was still at the beginning of its condo boom. Tridel built the 25-storey tower, and it was finished in 2007. Tridel also built 300 Front Street West a block east, so the developer has a long track record on this stretch.
Since then the neighbourhood has grown up around it. Fly Condos now rises to the west and overshadows the Element, and a wall of towers has filled the blocks to the north toward King. In 2015 UrbanToronto reported that the parking lot on the north side of Front was slated for a four-tower project. Check what has been built or approved there since, because it affects north-facing views.
For a buyer, being early means two things. Suites tend to be more generously sized than in towers launched a decade later, and the building now has nearly twenty years of operating history you can read in the status certificate.
Amenities on the roof
The building’s own description puts the fitness centre and an aqua spa on the roof, along with a rooftop lounge with a catering kitchen. Elsewhere there is a private screening theatre, a games room with terraces, a billiard room and a 24-hour security desk. Listing sites describe a pool, hot tub and sauna as part of that spa level.
Putting the gym and spa on top of the building is unusual, and it is a better daily experience than a windowless basement gym. It also means rooftop equipment and finishes take more weather, so the reserve fund matters.
Listing data also shows a rooftop deck, a media room and a meeting room, plus FibreStream internet.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Suites, parking and what is not in the fee
Suites run from about 525 sq ft to roughly 2,610 sq ft. Listing sites describe one-bedroom, two-bedroom and two-plus-den plans, with laminate floors, open balconies and stone counters in many suites. The largest units near the top are rare and trade at a very different price from the rest of the building.
Parking is underground, secured and assigned, but unlike many buildings in this area it is not listed as included in the maintenance fee. Hydro is also separate; the leasing information for the building refers tenants to a sub-metering provider. Heat, water and air conditioning are included.
That fee structure is the opposite of some neighbouring buildings, where parking and even hydro are bundled in. When you compare fees with another tower nearby, make sure you are comparing the same list of inclusions.
A rental building, and what that means
At the time of writing there were far more suites listed for rent here than for sale, roughly seven to one. That matches what you would expect from a building this close to the Financial District, the Rogers Centre and the PATH.
A high share of tenants is not automatically a problem, but it changes how a building runs. Elevators are booked more often, move-ins are frequent, and owners who do not live in the building may be less involved in the board. Ask about the move-in rules and read recent board minutes.
For an investor, the same numbers are reassuring: there is clearly demand. Watch for competing listings when you go to lease, since you may be one of several similar suites on the market.
Location is the reason for all of it. The building sits on Front Street with the Rogers Centre to the south and the theatres and restaurants of the Entertainment District to the north, so game nights and weekends are busy at the door. Suites facing Front or Blue Jays Way will hear the crowds; higher suites on the quieter sides fare better. Transit and walkability details are in the data panel on this page.
Price per square foot and current listings
The building average is around $839 per square foot, which is moderate for a Tridel tower this close to the core. Newer towers in the immediate area generally ask more, and the Element’s age and fee structure account for most of the difference.
Only two suites are listed for sale as I write this, asking between $559,900 and $1,980,000, a one-plus-den in the 700s and a much larger two-plus-den. That spread is not a useful comparison on its own, so for pricing I would rely on the past year of sales, which you can get from my building sold report.
Fees vary a lot by suite size here, and they do not include parking or hydro. Add the cost of a parking space if your suite has one, and an estimate of your hydro bill, before you compare the Element with a building that bundles both.
Building specifications
| Building name | The Element |
| Address | 20 Blue Jays Way, Toronto M5V 3W6 |
| Developer | Tridel |
| Storeys | 25 |
| Total suites | 352 |
| Condo corporation | TSCC-1851 |
| Registered | 11 May 2007 |
| Property management | Sources conflict: listed as Crossbridge Condominium Services and as Duka Property Management |
| Suite sizes | Approximately 525 to 2,610 sq ft |
| Parking | Underground, secured, assigned; not listed in fee inclusions |
| Fees include | Common elements, heat, water, air conditioning and building insurance |
| Not included | Hydro (sub-metered) and parking |
Amenities at The Element
The rooftop gym, spa and lounge are what set the Element apart from towers of the same age, which usually put amenities at the podium. The screening theatre and games rooms fill out a package that is more generous than you would expect for 352 suites.
Jatin’s honest take on The Element
Who this building suits
Professionals who want to walk to the Financial District and the stadium, investors who want steady tenant demand, and buyers at the top of the range who want a large suite in an established Tridel building rather than a new one.
What I’d want you to check
Resolve the management question first: one source lists Crossbridge Condominium Services and another lists Duka Property Management, so find out who actually runs the building today. This is a 2007 building with its main amenities on the roof, so read the reserve fund study for the roof, rooftop equipment, windows, the garage and elevators. Confirm whether the suite comes with parking and what it costs, and ask what the neighbouring development sites now have approved. Listing data shows a pet restriction, so get the rule in writing.
The value question
At around $839 per square foot, the Element is fairly priced for an early Tridel tower in a very central spot. Remember that parking and hydro are extra when you compare it to bundled-fee buildings nearby, so do the full monthly math first. If the reserve fund is in good shape, it is a solid choice for an investor or for someone who wants a bigger suite near the core. To compare a specific suite against 300 Front or Fly, book a call.
Free building report: The Element
Send me your email and I’ll put together a current report on The Element — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
The Element — frequently asked questions
Who built The Element at 20 Blue Jays Way?
Tridel built the Element. Construction started in 2005 and the building was completed in 2007.
How many storeys and suites does The Element have?
25 storeys and 352 suites.
What amenities does The Element have?
A rooftop fitness centre, aqua spa and lounge with a catering kitchen, plus a screening theatre, games room, billiard room, party and meeting rooms, guest suites and 24-hour security.
Does The Element have a pool?
Listing sites describe a pool, hot tub and sauna as part of the rooftop spa. Confirm current facilities with management before you buy.
Is parking included in the fees at The Element?
No. Parking is not listed among the fee inclusions. Heat, water, air conditioning, common elements and building insurance are included.
Is hydro included at 20 Blue Jays Way?
No. Hydro is sub-metered to each suite.
How big are the suites at The Element?
From about 525 sq ft to roughly 2,610 sq ft, mostly one-bedrooms, two-bedrooms and two-plus-dens.
Who manages The Element?
Sources conflict: one lists Crossbridge Condominium Services and another lists Duka Property Management. Confirm in the status certificate.
What is the condo corporation number for The Element?
TSCC-1851, registered on 11 May 2007.
How does The Element compare with Fly Condos next door?
The Element is the older Tridel tower with rooftop amenities; Fly is the newer, taller Empire building to the west that now overshadows it.
How much do condos at The Element sell for?
Over the last 12 months the median resale at The Element was $699,000, across 5 sales. The typical unit sold in 38 days at about 95% of the asking price. That works out to roughly $847 per square foot.
How much is rent at The Element?
The median lease at The Element over the last 12 months was $2,500/mo, from 44 leases. Units typically leased in 13 days.
What does each unit type cost at The Element?
Over the last 24 months: One-bedrooms rented for $2,450/mo; Two-bedrooms sold for a median $805,000 and rented for $3,300/mo. Each median uses three or more deals.
Are prices at The Element up or down since 2022?
Down about 17%. The median sold price per square foot was $1,015 in 2022 and $847 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does The Element offer an investor?
At a median price of $699,000 and a median rent of $2,500 a month, the gross yield is about 4.3%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at The Element?
Mostly renters. Of the deals here in the last 24 months, 89% were leases and 11% were sales.
Can you Airbnb a unit at The Element?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 18 active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has The Element had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is The Element zoned for?
For TDSB public schools, the address is zoned for Ogden Junior Public School (Elementary, JK–6), Ryerson Community School (Middle, Gr 7–8), Harbord Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to The Element?
The nearest subway is St Andrew station (Line 1 Yonge–University), 0.7 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 0.9 km; UP Express runs from Union station, 0.9 km; the 510 Spadina streetcar stops 0.2 km away; the closest bus is the Queens Quay East (TTC bus). Distances are straight-line from the building.
What is the Walk Score of The Element?
Walk Score 99, Transit Score 100 and Bike Score 85. Most daily errands can be done on foot.
What restaurants and shops are near The Element?
Within about a 10-minute walk: Fat Bastard Burrito (Mexican), Fat Bastard Burrito Co. (Mexican), Tim Hortons (Coffee), Pizza Pizza (Pizza), Siempre Breakfest & Lunch Restaurant (Restaurant). The closest grocery store is No Frills, 0.6 km away.
Which parks are near The Element?
Clarence Square Park, Northern Linear Park, Isabella Valancy Crawford Park are the closest green spaces.
What is my unit at The Element worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at The Element lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at The Element, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.