September 2025 - Palace Place, 1 Palace Pier Court, Toronto ON

Luke Dalinda is in TWO Globe and Mail features this week: He talks about preserving home equity and a retirement condo that sold in 1 day!

Posted on September 25, 2025 by ldalinda

Read the article here:

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

“Buyers anticipate steep price reductions,” said Mr. Dalinda. “However, resilient sellers who hold firm will ultimately find their market price, preserving their hard-earned home equity.

Toronto waterfront retirement condo unit snapped up in just one day

Read the article here:

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

“Retirement living can be stressful when the time comes. Fortunately, the solutions offered by Hearthstone By The Bay offer residents both the freedom and independence of condo living supported by a full spectrum of assisted living services that are accessible when needed.”

Online now, in print on Friday!

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

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

https://palaceplace.com/in-todays-globe-and-mail-luke-dalinda-talks-condo-market-palace-place-sales-3/

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!

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.

HOT NEW LISTING ALERT: Palace Place, 1 Palace Pier Court, Suite 309

Posted on September 23, 2025 by ldalinda

Palace Place, 1 Palace Pier Court, Suite 309 – $1,399,000

Suite 309 is an exquisite condominium residence, with 1,388 square feet of luxury living space, 2-bedrooms, and captivating views of the lake, lush grounds, and beautiful sunsets. This suite has been impeccably renovated featuring stunning wood floors, an elegant open kitchen, a stately fireplace, new washrooms, and smooth ceilings.

Click for brochure

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.

Bank of Canada DROPS policy rate to 2.5%.

Posted on September 17, 2025 by ldalinda

Today, September 17, 2025, the Bank of Canada has announced that it is finally dropping rates to 2.5%.

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, this rate reduction is the next best thing to help restore confidence back into the market. This news should bode well for market activity over the coming month.

The best rates that we have seen so far:

3 year fixed at 4.24% (Increased from 4.09% in March 2025)

5 year variable at 4.20%

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

Breaking News: Palace Place, Suite 804 – JUST SOLD!

Posted on September 14, 2025 by ldalinda

Palace Place, 1 Palace Pier Court, Suite 804: JUST SOLD!

(Represented Seller)

The condo market has taken a punch over the last year due to low confidence in the market from the delayed resolution of the remaining trade issues between Canada and the USA, but Palace Place, when marketed properly, has proven resilient, as astute buyers recognize its quality of construction, wide range of spacious suites, and the most beautiful views ever.

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 Luke Dalinda 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.

National Skyscraper Day!

Posted on September 3, 2025 by ldalinda

On National Skyscraper Day, we celebrate 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.

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.

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