Palace Place is Toronto’s most luxurious waterfront condominium residence, featuring every conceivable 5-star amenity, including valet parking, a private shuttle to downtown, and a Les Clefs d’Or concierge.
Palace Place, 1 Palace Pier Court, Suite 4006 – $1,799,000
Welcome to your private waterfront oasis where endless water views unfold before you and a spacious, sophisticated interior fulfills your every desire.
Suite 4006 is an elegant condominium residence, with approximately 2,028 square feet of luxury living space, 2-bedrooms, and the most immersive views of the lake, the city, and the Humber Bay Shores parklands. Featuring a brand-new, show-stopping kitchen by renowned Mary Stanton Interiors, Brazilian cherrywood hardwood floors, and classical luxury finishes, this suite exudes elevated living.
Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
In the condominium world, it has always amazed me how quickly builders disappear after construction.
They finish their work and never return.
This has always troubled me. Why would builders not take great pride in their creations and remain connected to them?
At Palace Place, the situation is different. I have stayed in regular contact with many from the original Bramalea team. We have met often over the years. Those conversations have given us invaluable insight into why things were built the way they had been built and how the builders had envisioned future repairs and replacements.
This knowledge is unparalleled. It also allows us to geek out over some truly unrivalled features in this building.
I am deeply humbled to be recognized by my dear friends with this honor.
Palace Place, 1 Palace Pier Court, Suite 1609: JUST SOLD!
(Represented Buyer and Seller)
In these times of market uncertainty, it takes experience to get the deal done.
Luke Dalinda has almost 3-decades of encyclopedic knowledge in selling at Palace Place and across Humber Bay Shores.
Let the #1 Top Selling Realtor in Humber Bay Shores get the deal done for you.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Today, we celebrate the birthday of Toronto’s most luxurious waterfront condominium residence, Palace Place.
Situated on 5-acres of lush, landscaped grounds at the mouth of the Humber River, Palace Place offers the most enchanting forever views of the lake and city skyline from sunrise to sunset.
Palace Place soars into Toronto’s skyline with 47-storeys that have been enclosed in a spectacular glass facade, but the magic of Palace Place starts with its history and construction.
Completed in 1993, at a record $200-million, Palace Place was built by Bramalea Limited, Canada’s largest builder at the time. Palace Place is not “the second Pier” or “the South tower,” it was built to set a standard and example for condominiums in Canada.
Palace Place defines luxury from offering high-end finishes and appointments to a full spectrum of all-inclusive services that include a private shuttle service, valet parking, and one of the only condominiums in Toronto to offer Les Clefs d’Or concierge services, the same service that you would find on a visit to the Four Seasons.
Today, Palace Place is widely regarded as the gold standard for best managed condominiums.
We take great pride in welcoming visitors to experience the legacy and elegance of Palace Place.
On average, condos in Ontario are facing insurance premium increases of at least 7.15%, with many facing double-digit hikes.
We have delivered yet another insurance premium decrease for Palace Place, this year down by 13%, given our 8 consecutive years of claims-free status and our proactive approach to plumbing maintenance.
Today, April 29, 2026, the Bank of Canada has announced that it is holding its rate again for the fourth time at 2.25%, keeping the rate that it had first established on October 29, 2025.
The Bank of Canada has noted that housing activity declined in late 2025 and continues to face headwinds from economic uncertainty about tariffs and trade relations with the United States, affordability challenges, and slower population growth. While consumer spending is supporting the broader economy, high uncertainty around U.S. tariffs and the Middle East conflict is weighing on business investment and exports. Overall Canadian GDP growth is forecast at a modest 1.2% for 2026, gradually picking up in 2027–2028.
Inflation Rising but Expected to Ease CPI inflation had risen to 2.4% in March 2026, driven largely by higher gasoline prices from the Iran conflict. The Bank expects inflation to climb further in April (around 3%) before trending back toward the 2% target by early 2027, assuming oil prices moderate. Core inflation remains well-behaved just above 2%.
What This Means for Real Estate Although the Bank of Canada held its key policy rate steady at 2.25% today for the fourth consecutive meeting, this pause is likely temporary. Inflation has already climbed to 2.4% and is forecast to reach about 3% in April, driven by sharply higher energy prices from the Middle East conflict. The Bank has explicitly stated it “will not let higher energy prices become persistent inflation” and stands “ready to respond as needed.”
For homebuyers, this means now is the time to buy. Rates are still at attractive levels after months of holds, but they will undoubtedly increase in the coming months as the Bank acts to keep inflation in check. Securing a mortgage today lets you lock in today’s lower borrowing costs before they rise, protecting you from higher monthly payments later. With housing activity already soft and affordability pressures mounting, acting now positions you ahead of the curve.
While this news should spur activity, sellers should recognize the need for their properties to be the ones chosen by buyers. Competitive pricing is essential.
In Humber Bay Shores, active inventory has fallen from over 300 active listings this summer to just 197 now, signalling renewed buyer confidence albeit at lower prices.
The best rates that we have seen so far:
3 year fixed at 4.19% (increased from 3.99% in March 2026)
5 year variable at 3.60%
The next scheduled date for announcing the overnight rate target is June 10, 2026.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
You may have recently received a flyer claiming to have set a new record price for 04 suites, by having sold one for $671,000.
What the flyer didn’t tell you is that this so-called “record” was actually 31% lower than the 2023 record price of $973,000 (set in August 2023). That’s obviously why they only went back two years instead of two years and seven months.
Realtors love depreciating our values. Don’t let them.
Get the true facts and let’s work together to elevate our property values.
We believe, “The only way for honest people to elevate their lives is through their homes and their home equity, a sacred symbol of their labor, security, and hope for their children. This belief is what drives us to achieve the best possible outcomes for our clients.”
Actual Palace Place Record Prices can be found on the official and original Palace Place Price Chart by clicking here:
In these times of market uncertainty, it takes experience to get the deal done.
Luke Dalinda has almost 3-decades of encyclopedic knowledge in selling at Palace Place and across Humber Bay Shores.
Let the #1 Top Selling Realtor in Humber Bay Shores get the deal done for you.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
I share insights on a recent two-bedroom condo sale in Toronto’s west end (The Kingsway area) that went firm in just four days at a $4.18 million asking price.
Even as buyers continue to circle for the best deals in the GTA condo market, quality properties in strong neighbourhoods like The Kingsway are still attracting serious interest.
Market Performance
The Toronto condo market continues to move slowly, with subdued buyer demand, retreating sellers, and shrinking new listings contributing to overall sluggish activity amid ongoing economic uncertainty. Sales remain well below historical norms and prices continue to face downward pressure, even as some segments show modest month-over-month improvement. Buyers are cautious and often ‘circling’ properties rather than rushing in, but they are ready to act quickly once sellers adjust pricing enough to create a compelling deal.
In these times of market uncertainty, it takes experience to get the deal done.
Luke Dalinda has almost 3-decades of encyclopedic knowledge in selling at Palace Place and across Humber Bay Shores.
Let the #1 Top Selling Realtor in Humber Bay Shores get the deal done for you.
The Globe and Mail
Online now, in print on Friday!
When The Globe and Mail wants insight into the real estate market for Palace Place and Humber Bay Shores, they contact Luke Dalinda.
You should too!
Read my other recent interviews with The Globe and Mail here:
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Luke Dalinda and Keith Pelley, CEO of MLSE (from @LukeDalinda on Instagram)
Check out the amazing deals at Palace Place and Waterford:
Contact Luke Dalinda now for your exclusive opportunity to tour these incredible opportunities! E: LDALINDA@DALINDA.NET • TEL: 416-725-7170
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Waterford Towers, 2087 Lake Shore Blvd W, Suite 1504 – $849,000
Step into your tranquil haven where endless blue waters unfold before you and one of the largest interiors at Waterford Towers caters to your every need. Suite 1504 is a bright, spacious condominium residence, with approximately 1,144 square feet of living space, plus a spacious balcony, 2+1-bedrooms, high ceilings, luxurious finishes, and views of the lake, city skyline, and parklands.
Waterford is a first-class, state-of-the-art luxury condominium residence consisting of three buildings, which had been built by Canderel Stoneridge, builders of some of the most extraordinary condominium residences in Toronto.
Waterford features numerous amenities, including a security system, with a 24-hour concierge and video surveillance, 2 guest suites, a rooftop patio, a party room, a billiards room, a conference room, and a fitness facility, with an indoor pool.
Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity! E: LDALINDA@DALINDA.NET • TEL: 416-725-7170
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place, 1 Palace Pier Court, Suite 2104: JUST SOLD!
(Represented Buyer and Seller)
In these times of market uncertainty, it takes experience to get the deal done.
Luke Dalinda has almost 3-decades of encyclopedic knowledge in selling at Palace Place and across Humber Bay Shores.
Let the #1 Top Selling Realtor in Humber Bay Shores get the deal done for you.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
