Palace Place, 1 Palace Pier Court, Penthouse 4603: Just Sold!

Palace Place, 1 Palace Pier Court, Penthouse 4603 – Just Sold for $2,398,000 (Seller & Buyer Representative) 

Luke Dalinda has achieved the biggest penthouse sale ever at Palace Place, by having sold Penthouse 4603 for $2,398,000, by having represented the seller and buyer. Penthouse 4603 is the true crown jewel of Palace Place with 2,437 square feet and 2 spacious bedrooms. The last time such a similar penthouse suite had come up at Palace Place was the sale for $1,825,000 in 2019, demonstrating long-term ownership pride in these trophy residences.

This incredible accomplishment has been achieved through hard work. In addition to his unrivalled marketing plan, Luke Dalinda had accompanied every single showing, even if with other realtors, to ensure that all prospects fully 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 well too. While smaller sized suites will always generate a higher price per square foot than the larger suites, at almost $1,000 per square foot, when the building record is $1,168 per square foot (also set by Luke Dalinda), the buyer has purchased a brand new, turn-key renovation with hundreds of thousands in upgrades.

When new, inferior construction is charging up to $1,700 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!

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

Fact: When the average price of Palace Place is $914 per square foot, Luke Dalinda is the ONLY realtor to CONSISTENTLY achieve over $1,100 per square foot for Palace Place.

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

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: Built to a Higher Standard

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When you compare Palace Place to new condos today, you begin to appreciate the effort that had gone into its unrivalled 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 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.

I have been saying it for years now. When it comes to condos, newer IS NOT better. Buying a condo that has been built recently is a risk. It is a risk because it was most likely rushed to completion, and it is a risk because the condo has just been handed over to the owners from the builder, so the financial stability and maintenance fees are a big question mark.

Then, when your Corporation elects its first Board of Directors, you pretty much have a group of owners who have never served on a condo board before led by a brand new manager still trying to figure out the mess left behind by the builder, which, in a nutshell, leads to bad decision-making and increased maintenance fees.

Then, your suite, as so many other buildings have experienced, could be flooded on a regular basis because the plumbing was not set up right. Watch how fast you become uninsured and your carefree condo dream becomes a nightmare.

This is why I strongly recommend that clients buy an older condo, because it is established and secure.

In older condominium construction, the walls and floor plates are thicker, and the suites are spaced out farther apart, so you are not hearing and “living” with your neighbours.

Add to this, the financial health of Palace Place makes it one of the strongest condominium corporations in the city.

When new, inferior construction is charging significantly higher 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!

Come see for yourself – or order the book!

Call or text today for a private tour of Toronto’s most luxurious waterfront condominium residence.

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.

A Once in a Lifetime Opportunity at Palace Place: Penthouse 4603

Contact Luke Dalinda now to find out more about this once in a lifetime 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.

Palace Place: Air Show

The Best Views of the Air Show are from Palace Place

HAPPY AIR SHOW WEEKEND EVERYONE!

There is no better way to enjoy the Air Show than from the comfort of Palace Place.

This is the one weekend where instead of watching the boats go by, we watch the planes fly by. All the above photos are taken from, or of, Palace Place.

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.