Luke Dalinda achieves $1,170 per square foot for Palace Place!

Palace Place, 1 Palace Pier Court, Suite 3502 – Just Sold for $1,388,000 (Seller and Buyer Representative) 

Luke Dalinda has achieved a historic $1,170 per square foot for Palace Place, by having sold Suite 3502 for $1,388,000, by having represented the seller and the buyer. Suite 3502 is an incredible renovation that features a re-imagined floor plan that creates a rare trophy residence.

The last record price per square foot, also set by Luke Dalinda, had been $1,168.

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

This remarkable accomplishment during very challenging economic times 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, securing a trophy condo for over $100K under ask! While smaller sized suites will always generate a higher price per square foot than the larger suites, at $1,170 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

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

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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 holds policy rate at 2.75%.

Today, April 16, 2025, the Bank of Canada has announced that it is holding rates at 2.75%.

This announcement could signal an end to rate cuts, which have been cut seven consecutive times.

Condo buyers should consider locking in mortgage rates now before potential increases occur due to ongoing uncertainty in the financial markets.

Because of what we call “herd mentality”, it typically takes 1.5 weeks for the buyer market to react to rate announcements.

The best rates that we have seen so far:

3 year fixed at 4.14% (Increased from 4.09% in March 2025)

5 year variable at 4.25%

The next scheduled date for announcing the overnight rate target is June 4, 2025.

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.

Palace Place, 1 Palace Pier Court, Suite 3410: Just sold in 1-day!

Palace Place, 1 Palace Pier Court, Suite 3410 – Just Sold in 1-day!

(Represented 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.

Let him be your guide.

 I can’t say enough about the incredible job Luke Dalinda did in finding a buyer for my Palace Place condo, even amidst the toughest market conditions I’ve seen. Currently the luxury condo market is grappling with an oversupply of units, picky buyers favoring larger, livable spaces over smaller investments, and economic uncertainty from trade tensions and stubbornly high interest rates. Despite these hurdles, Luke brought unmatched expertise, determination, and a tailored strategy that turned challenges into opportunities. He navigated the glut of listings and shifting buyer demands with finesse, showcasing my property’s unique value to stand out in a crowded market. Thanks to Luke’s relentless effort and sharp insight, we secured the perfect buyer faster than I thought possible in such a complex landscape.   – Sunil Tanksali

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.

Spread the GOOD NEWS: Key takeaways from the April 2, 2025 reciprocal tariffs announcement – UPDATED

Canada’s biased media is continuing to incite fear over tariffs in an effort to control the outcome of the upcoming Canadian election. The media ought to be reporting the good news from the April 2, 2025 announcement, so let’s hope that the word gets out.

  1. Canada was not on the list for reciprocal tariffs. As per the Whitehouse fact sheet, Canada was exempt. https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/
  2. USMCA compliant goods will also remain at 0%. What is USMCA compliant you may ask? USMCA-compliant goods are products meeting the United States-Mexico-Canada Agreement’s rules of origin, qualifying for tariff benefits when traded between the U.S., Mexico, and Canada. Example: A car built in Ontario, Canada, with 75% of its parts sourced from Canada or the U.S. Non-compliant goods would be those made in China and shipped through Canada.
  3. In a symbolic gesture only, the US Senate votes to block Canadian tariffs to rebuke Trump’s trade agenda. https://www.theglobeandmail.com/canada/article-us-senators-vote-to-block-trumps-canadian-tariffs-in-stinging-but/

This news bodes well for Canada, giving great hope at a quicker recovery for the economy and the real estate market if we do not fall prey to the doom and gloom being perpetuated by Canadian media.

Canada needs to get on the fentanyl issue as identified by the RCMP to end all threats of further actions by the USA against Canada.

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.

BREAKING NEWS: US Senate votes to block tariffs on Canada

The win is largely symbolic because it’s unlikely to have any practical effect in Congress.”

https://www.theglobeandmail.com/canada/article-us-senators-vote-to-block-trumps-canadian-tariffs-in-stinging-but

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.

Trump Announces Liberation Day Tariffs, but Canada is not on the list?

As Trump announces his Liberation Day Reciprocal Tariffs, we can only wonder if it is a good thing or a bad thing that Canada is not on the list?

UPDATED:

Canada is exempt from today’s reciprocal tariff announcement, White House fact sheet states.

https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/

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.