BREAKING: Luke Dalinda sells Suite 4006 for $1,735,600 in 1 week!

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Palace Place, 1 Palace Pier Court, Suite 4006 – Just Sold for $1,735,600 (Seller Representative) 

Luke Dalinda has set another benchmark price for Palace Place, by having just sold Suite 4006 for $1,735,600, or $856 per square foot.

This remarkable accomplishment during a recession has been achieved through hard work. In addition to his unrivalled marketing plan, Luke Dalinda had ensured that every single showing understood the value and opportunity of Palace Place.

Palace Place is an Amazing Deal for Buyers:  Where else can you get the 5-star life for this price?

The buyer did very well too, by having secured a trophy condo for $856 per square foot when Palace Place suites have sold as high as $1,170 per square foot. While larger-sized suites will always generate a lower price per square foot than the smaller suites, at $856 per square foot, the buyer has purchased a brand-new, turn-key renovation with hundreds of thousands in upgrades.

When new, inferior construction is charging up to $1,900 per square foot, buyers are learning of the incomparable advantages that only Palace Place can offer. Why buy the K-car when you can own the Mercedes-Benz?

Buyers want space, and, most importantly, buyers want quality. New construction fails to deliver these two key requirements. Palace Place offers unrivalled construction, spacious floor plans, 5-star amenities and services, and million dollar forever views that you cannot find in new buildings today!

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

Other realtors cannot replicate these results because they are uninformed about the numerous features that set Palace Place apart from other buildings. Also, their focus is everywhere else but Palace Place, so they want a fast sale so they can move on to other deals.

This is why when it comes to Palace Place, it pays to list with Luke Dalinda. Luke offers better service and better results (for less than what your cousin/brother/friend realtor charges).

Call, text, or email me today to learn exactly what I bring to the table to help you to achieve the best price possible.

Read our success stories: https://www.Dalinda.net/Testimonials

  • #1 Google Search for "Palace Place"
  • #1 Google Search for "Humber Bay Shores"

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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.

Bank of Canada maintains the 2.25% overnight rate amid elevated oil prices, weak domestic growth, and persistent global uncertainty

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Today, June 10, 2026, the Bank of Canada has announced that it is holding its rate again for the fifth consecutive time at 2.25%, keeping the rate that it had first established on October 29, 2025.

As we have maintained since April 2025, 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. The USA buys over 75% of Canada’s exports, making the USA Canada’s biggest and most important trade partner. The deadline for the review of USMCA is on July 1, 2026. If Canada does not have a deal by then, it will trigger immense uncertainty for the Canadian economy, as the USMCA will then default to annual reviews.

The USA has almost reached a deal with Mexico. It has not even confirmed any talks with Canada yet. In fact, President Trump had stated in a press briefing on June 10, 2026 that “It was a great deal for one reason: it gave the right to terminate. It was very important that we be able to do that. So we’re talking to them. We’ll see if we do something.”

Despite the Bank of Canada Governor’s dangerous posturing today by having stated, “Recession is not the word I would use,” the salient facts are that Canada has slipped into a recession, mortgage delinquencies are at record highs, and personal debt has increased by over 32%.

This indicates that the market may face increased headwinds shortly.

In Humber Bay Shores, active inventory has risen sharply from 197 active listings this spring to over 257 now, signalling softening demand and potential downward pressure on prices in the coming months.

The best rates that we have seen so far:

3 year fixed at 4.09% (decreased from 4.19% in April 2026)

5 year variable at 3.60%

The next scheduled date for announcing the overnight rate target is July 15, 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.

Check out the video for Palace Place, Suite 4006!

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For more information on this suite, please click here: https://palaceplace.com/just-listed-palace-place-1-palace-pier-court-suite-4006-1799000/

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.

The hottest deal in Humber Bay Shores! Waterford: 3-bedrooms on the water for $699,000!

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Waterford Suite 1504

Waterford Towers, 2087 Lake Shore Blvd W, Suite 1504 – $699,000

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.

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 4006 – $1,799,000

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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.

Click brochure

Property website

  • 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.

Luke Dalinda’s Enduring Connection with Palace Place’s Bramalea Team

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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.

I look forward to seeing you all again this Fall.

Nil satis nisi optimum

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.

Breaking: Just Sold – Palace Place, Suite 1609!

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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 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.

Happy Birthday Palace Place!

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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.

From its caisson foundation that garnered headlines from around the world to its unique curtain wall enclosure, the construction of Palace Place bears no equal.

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.

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.

Ontario Condo Insurance 2026

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Ontario Condo Insurance 2026

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.

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.

BoC Keeps Overnight Rate at 2.25% for the Fourth Consecutive Time as Global Uncertainty Persists

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Palace Place in the clouds

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. 

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.

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.

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.

Caution: Misleading Advertising in Palace Place Mailboxes

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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:

https://www.dalinda.net/price-charts/palace-place-2026

Palace Place Suite 3804 Sold
The actual, true Palace Place 04 Record Price

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 unrivalled impact of Luka Dalinda on Palace Place sales

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.

In GTA condo market, buyers circle in search of a deal – Luke Dalinda in today’s Globe and Mail

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(UPDATED)

Luke Dalinda in today's Globe and Mail

Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-in-gta-condo-market-buyers-circle-in-search-of-a-deal

Featured in today’s Globe and Mail 

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! 

The Globe and Mail

Read my other recent interviews with The Globe and Mail here: 

https://www.theglobeandmail.com/real-estate/toronto/article-in-gta-condo-market-buyers-circle-in-search-of-a-deal

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.