Investment Opportunity: Most sought-after 1-bedroom floor plan at Palace Place

Palace Place North View

palace place suite 2712

palace place suite 2712

Palace Place, 1 Palace Pier Court, Suite 2712 – For sale at $350,000
One of the most sought-after 1-bedroom floor plans at Palace Place…

Breathtaking is the word that best describes Palace Place, which is the most prestigious, luxurious, and best managed waterfront condominium residence in Canada. Suite 2712 is a very rare, highly sought-after condominium residence, with approximately 813 square feet of living space and beautiful northern views. Click for flyer. Call or send an email now to Luke.

This suite has been leased until 2019, making it an excellent investment opportunity. Call today for more details!

Luke Dalinda, Sales Representative. Valentina Morasky, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

Palace Place: The Dalinda Report, Humber Bay Shores edition, is out now!

Palace Place March 2016

Palace Place Toronto

The new issue of The Dalinda Report has just been posted!

Highlights:

  • Market update for Palace Place, Waterford, Ocean Club, Grenadier Landing, Nautilus, Marina Del Rey, and Newport Beach.
  • Bidding Wars continue at Palace Place with 2 record price sales.
  • Palace Place is getting the highest rent prices in Humber Bay Shores!
  • elevate, Palace Place, with Ramsin Khachi, was a huge success!

CLICK HERE TO DOWNLOAD

CLICK HERE TO DOWNLOAD PDF VERSION

Where is the market?

In the first quarter of 2016, there had been 78 sales of condominium units that had been sold for under $450,000 in the Humber Bay Shores area.

During this time, there had only been 27 sales of condominium units that had been sold for above the $450,000 price point. Of that amount, there had only been 7 sales of condominium units that had been sold for between $500,000 and $600,000. Of those, only 1 sale was from Palace Pier and 1 sale was from Ocean Club.

Finally, since January 2016, there had only been 9 sales of condominium units that had been sold for above $700,000. Of those, only 1 sale was from Palace Place, 1 sale was from Newport Beach, and 1 sale was from Marina Del Rey.

Condo Spotlight

Palace Place had experienced low inventory in the first quarter of 2016, which had resulted in intense bidding wars for the 2 sales that had occurred during this period. With its 2015 average price at only $433 per square foot and on the rise, these multiple offers had come from astute buyers, who had recognized the tremendous value in the quality construction, large spaces, and numerous amenities and services that Palace Place offers.

Newport Beach had achieved 4 sales during this first quarter highlighting the demand for functional floor plans and recognizing the value in good building management.

There were 5 sales at the Waterford Towers, but no sales and no new listings from Waterford (2095) where there continues to be a strong demand for large high-end suites.

TESTIMONIAL

June 1, 2015

Dear Luke,

The prospect of selling one’s home is a daunting one. So much history and so many memories are inevitably involved.

Thank you for making this process as smooth as it could possibly be. Your professionalism, expertise and bountiful good humour have actually made the experience enjoyable.

The fact that you were able to sell my condominium in one day for a record price speaks volumes.

Many, many thanks for a job thoroughly well done!

Best,

Nan Ruhnke

Palace Place Toronto

Bidding Wars continue at Palace Place! Palace Place, Suite 4307: JUST SOLD for a Record Price!

palace place suite 4307

palace place SoldCard4307

Palace Place

Special Announcement: Palace Place, 1 Palace Pier Court, Suite 4307 sold for $330,000!

I have written to proudly announce that I have set yet another multiple offer bid at Palace Place by having just sold Suite 4307 for $330,000 by having represented the seller.

The condominium market at Palace Place is off to an amazing start. There is very little inventory and many buyers looking to purchase in Toronto’s most luxurious waterfront condominium residence.

This is a great accomplishment for 07 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note!

Do the math! This sale price of $396 per square foot is truly a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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, and million dollar views that you cannot find in new buildings today!

Come see what Palace Place has to offer! Call Luke Dalinda today!

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

Palace Place, Suite 4309: Just Leased for the RECORD PRICE of $3,000 per month!

palace place Sold Card - PP 4309Leased

Palace Place

I have written to announce that I have set yet another all-time record price at Palace Place by having just leased Suite 4309 for $3,000 per month.

With the most breathtaking views in Toronto, unrivalled construction, space to actually live in, and a private shuttle to Union Station, Palace Place is the ultimate place to call home for Toronto professionals.

Come see what Palace Place has to offer! Call Luke Dalinda today!

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