An exclusive statement residence in the heart of The Kingsway sells for $3.8M in just 4 days!

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JUST SOLD The biggest sale in Riverhouse history! Riverhouse, 30 Old Mill Road, Suite 1002  Sold for $3,800,000 in just 4 days!

In a Toronto condo market that has faced significant headwinds and economic uncertainty since 2024, we are thrilled to have sold this exclusive residence at 30 Old Mill Road, Suite 1002 in The Kingsway for $3,800,000, achieving $1,614 per square foot, in just 4 days, by having represented the Seller! Achieving a price per square foot that you would normally hear for properties in New York sets a new benchmark for prime properties in The Kingsway. This rapid sale of a true trophy property demonstrates that discerning buyers remain active and confident when the right statement residence comes to market.

Riverhouse, 30 Old Mill Road, is an ultra high-end luxury condominium residence that consists of 11-storeys and 101 units that had been built by one of Toronto’s most iconic condominium builders, Lanterra Developments.

Click for brochure

Property Website

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 listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Just Listed: Palace Place, 1 Palace Pier Court, Suite 1609 – $1,199,000

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Palace Place, 1 Palace Pier Court, Suite 1609 – $1,199,000

Suite 1609 is a modern, flow-through condominium residence, with 1,388 square feet of refined living space, 2-bedrooms, 2 full bathrooms, and infinite water views and tranquil lake vistas. This trophy suite offers a rare blend of space, serenity, and sophistication in the sky.

Click brochure

  • Why Palace Place - Residences That Are Sublime
  • Why Palace Place - Forever View
  • Why Palace Place - Private Shuttle
  • Why Palace Place - Valet Parking

Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity!

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

An exclusive statement residence in the heart of The Kingsway! $4,180,000

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Riverhouse, 30 Old Mill Road, Suite 1002 – $4,180,000

Suite 1002 is a trophy condominium residence, with approximately 2,381 square feet of living space, plus a 1,400 square foot terrace, 2-bedrooms, resplendent luxury finishes that redefine upscale living, and the most enchanting views of the Humber River and its parklands from all of the windows. This expansive residence has been impeccably renovated for the discerning buyer, who appreciates fine architecture, superb amenities, refined appointments, and an unsurpassed level of luxury in a river setting, beside the Old Mill. 

Riverhouse, 30 Old Mill Road, is an ultra high-end luxury condominium residence that consists of 11-storeys and 101 units that had been built by one of Toronto’s most iconic condominium builders, Lanterra Developments.

Click for brochure

Property Website

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 listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Luke Dalinda in today’s Globe and Mail: Why legacy condos are outselling newer shoebox units

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Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-condo-sells-128000-below-purchase-price

“At the start of 2026 … buyers realized the [mortgage] rates were as low as they were going to get. We saw a flurry of activity from people trying to capitalize on those rates.”

“Established condominiums offer expansive living spaces at highly competitive price points, particularly compared to the newer, higher-priced, shoebox condominiums in today’s market,” Mr. Dalinda said.

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: 

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-condo-sells-128000-below-purchase-price

https://www.theglobeandmail.com/real-estate/toronto/article-winter-homes-inventory-2026

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-condo-split-two-price-cut

https://www.theglobeandmail.com/real-estate/toronto/article-size-helps-older-unit-mimico-stand-out

https://www.theglobeandmail.com/real-estate/toronto/article-etobicoke-home-prized-neighbourhood-sells-quickly

https://www.theglobeandmail.com/real-estate/toronto/article-waterfront-condo-sellers-face-herd-mentality

https://www.theglobeandmail.com/real-estate/toronto/article-humber-river-waterfront-suite-sells-for-399000-below-original-asking

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-waterfront-retirement-condo-unit-sale

https://www.theglobeandmail.com/real-estate/article-georgian-style-house-humber-river-toronto-fast-sale

https://www.theglobeandmail.com/real-estate/toronto/article-real-estate-buyers-market-summer-2025

https://www.theglobeandmail.com/real-estate/toronto/article-buyer-chops-111000-off-price-of-humber-bay-condo

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170 • Dalinda.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

The Bank of Canada Holds Rate For The Fourth Time at 2.25%: Bank Governor says, “Uncertainty is High”.

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Today, March 18, 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 says its two main concerns are the war in Iran and the continued uncertainty about tariffs and trade relations with the United States.

The Canadian economy would gain significant stability from a robust trade agreement with the United States, provided the government can overcome its ineffective negotiation efforts.

While such a critical deal remains in limbo and uncertainty in the economy persists, the decision to continue to hold rates signals that now is the time to buy. The Bank Governor has said, “Uncertainty is high,” indicating that rates will undoubtedly rise. This news should bode well for market activity over the coming months if buyers recognize the opportunity rather than continuing to sit on the sidelines, as the next announcement could be an increase.

Most concerning, the Bank of Canada Governor has stated, “We need house prices to come down more.” It is baffling and outright negligent that our bank leader would sacrifice all those home owners who had followed the rules and found a way to buy for those having trouble to buy. The media never questions this narrative. The only person to have raised this concern is President Trump in the US, who has said, “Every time you make it more and more and more affordable for somebody to buy a house cheaply, you’re actually hurting the value of those houses, obviously, because the one thing works in tandem with the other. And I don’t want to do anything that’s going to hurt the value of people that own a house.”

Why is this thought process absent from Canadian decision-making, sacrificing the hard earned equity of home owners?

In Humber Bay Shores, active inventory has fallen from over 300 active listings this summer to just 202 now, signalling renewed buyer confidence albeit at lower prices.

The best rates that we have seen so far:

3 year fixed at 3.99% (decreased from 4.04% in January 2026)

5 year variable at 3.60%

The next scheduled date for announcing the overnight rate target is April 29, 2026.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

If you are planning on listing your home, please consider us – The Dalinda Seller’s Guide

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DOWNLOAD OUR HOME SELLER’S GUIDE

Get a head start on your home sale with useful tips and a rundown of what you can expect.

 ✅ Learn about our selling process
 ✅ Gain valuable tips and advice

If you are planning to list your home, please consider us and contact us for our Seller’s Guide.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Just Listed: Palace Place, 1 Palace Pier Court, Suite 2104 – $665,000

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Palace Place, 1 Palace Pier Court, Suite 2104 – $665,000

Suite 2104 is a stunning condominium residence, with approximately 790 square feet of living space and the most enchanting view of Lake Ontario.

Click for brochure

  • Why Palace Place - Residences That Are Sublime
  • Why Palace Place - Forever View
  • Why Palace Place - Private Shuttle
  • Why Palace Place - Valet Parking

Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity!

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

#1 on Google Search for every market we service!

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#1 on Google Search for “Humber Bay Shores”, “Palace Place”, and “Swansea Homes”

Outranking Realtor.ca and Royal LePage!  

The Dalinda Team ranks among the top search results on Google for every market that we service.

We offer better exposure and better results.

Achieve your goals, and get the deal done! 

Call us today!

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Wanted: Palace Place 02 Floor Plan Suites – Serious Buyers Looking!

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I am currently representing qualified buyers who are actively seeking 02-style suites at Palace Place—those popular corner units, with exceptional lake and city views.

If you’re considering selling and want to maximize your sale price in today’s market, I’d love to connect and share how we can achieve top dollar for your suite.

Reach out today—no obligation, just a quick chat!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Palace Place, 1 Palace Pier Court, where active lifestyles meet luxury living

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Welcome to Palace Place where active lifestyles meet luxury living. 

Palace Place offers world-class fitness amenities that include a gym, which has been outfitted with the latest, top-of-the-line equipment from Atlantis, a solarium saltwater pool, a basketball court, a squash court, an outdoor putting green, and now a pickleball court.

Palace Place is Toronto’s most luxurious waterfront condominium residence. 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.

Palace Place checks off all the boxes:

✅ SPACE

✅ VIEWS

✅ SUPERIOR CONSTRUCTION

✅ TRUE 5-STAR AMENITIES AND SERVICES

✅ SOLID FINANCIAL MANAGEMENT 

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Breaking: SCOTUS Rules 6-3 Against Trump’s IEEPA Tariffs. What Does It Mean For Canada? Very Little. (UPDATED)

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The Supreme Court of the United States has ruled today 6 to 3 against President Trump’s IEEPA Tariffs. Such a decision could result in the USA having to pay back over $250B in collected revenue.

Sadly, this means very little for Canada. While it invalidates some fentanyl-related duties on non-USMCA-compliant goods (a minor relief for many exporters), the ruling explicitly does not affect many other U.S. tariffs on Canadian goods, which were imposed under different legal authorities. These include sectoral tariffs on automobiles, lumber, and other industries, which were issued under separate trade laws or authorities, not IEEPA. Steel and aluminum tariffs on Canada were issued under Section 232 of the Trade Expansion Act of 1962, for national security reasons, and doubled to 50 percent in June 2025.

Read the ruling here:

24-1287_4gcj

While Canadian media will surely celebrate this ruling as a historic defeat, the need for a new trade deal between Canada and the USA remains. The fact that the USA buys almost 80% of Canadian exports is the ultimate reality that Canada must focus on protecting.

As we have always maintained, the Canadian economy would gain significant stability from a robust trade agreement with the United States, provided the government can overcome its ineffective negotiation efforts and missteps. Unfortunately, such a critical deal remains in limbo and uncertainty in the economy persists. Further, a seemingly forgotten obstacle in the media is that the Canadian ban on foreign buyers remains in effect until January 1, 2027.

Update:

In response to today’s decision, President Trump has advised that he will continue his tariff strategy using other legislations, starting with an additional Global Tariff of 10%.

The US Treasury Secretary, Scott Bessent, has said, “Let’s be clear: the Court did not rule against this Administration’s tariffs. It only said IEEPA can’t be used to raise revenue. We will immediately shift to other proven authorities—Sections 232, 301, and 122—to keep our tariff strategy strong.”

Update 2:

President Trump has since raised the additional Global Tariff to 15%.

Stay tuned…

Read the history of these events here:

Breaking: Canada agrees to drop most of the remaining retaliatory tariffs on U.S. goods.
Canada misses the opportunity for a trade deal.
The USA lands the biggest trade deal ever with the EU
Canada urgently needs a trade deal, but its greatest obstacle is its own inaction.
Breaking News: Trump slams Canada with 35% “Take it or Leave it” Tariffs
Breaking News: Carney caves to Trump
Breaking News: The Latest from President Trump on Canada
Breaking News: President Trump Calls Off Trade Negotiations with Canada due to Mark Carney’s Backstabbing (UPDATED)
Breaking: Trump Announces “Take It or Leave It” Letters to Countries Not in Negotiations, Including Canada
Are we really in an economic crisis?

MY WHY:

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.

Happy Valentine’s Day

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Happy Valentine’s Day 

El Corazon, Humber Bay Shores 

El Corazon was a 25-foot driftwood sculpture figure that had been designed by resident artists Julie Ryan and Thelia Sanders Shelton, who had built it in 23 days. El Corazon was a major attraction from 2017 until 2018 when strong storms had sadly washed it away.

www.PalacePlace.com

Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even 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.

Follow @LukeDalinda on Instagram!

View all current and past Palace Place listings for sale here.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

View all current and past Palace Place listings for sale here.