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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place, 1 Palace Pier Court, Suite 1605: JUST SOLD!
(Represented Seller)
Market commentary
The condominium market has taken a significant hit over the past year, driven by low buyer confidence stemming from unresolved Canada–U.S. trade issues, a federal budget deficit approaching $80 billion, and persistent inflation. Despite these challenges, Palace Place has proven remarkably resilient when properly marketed, as discerning buyers recognize its superior construction quality, its wide range of spacious suites, and arguably the most stunning views in the city.
With anticipated rate hikes in the near future, Humber Bay Shores is heating up! Active inventory has fallen sharply from over 300 active listings this summer to just 188 now, signalling renewed buyer confidence. While deals are sought after, savvy buyers are quick to seize high-value opportunities offering expansive layouts and stunning views.
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.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
For the 9th consecutive year, Luke Dalinda has been the undisputed #1 Top Selling Realtor in Humber Bay Shores!
According to our third-party stats company, “Luke Dalinda is so far ahead of second place that there’s no question that he’s #1”.
In an industry flooded with gold, platinum, and diamond awards that nobody can tell apart, real market performance is the only trophy that truly matters. For almost a decade Luke Dalinda’s incredible clients have handed him this prized recognition every single year.
“I never take a day of it for granted. From the bottom of my heart, thank you for your trust, your referrals, and for letting me be part of your stories.”– Luke Dalinda
Here’s to the 10th year in 2026.
Planning a move in 2026? Let the #1 get it sold fast and for top dollar.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
While such a critical deal remains in limbo and uncertainty in the economy persists, the decision to hold rates signals that now is the time to buy. This news should bode well for market activity over the coming months if buyers recognize the opportunity rather than continuing to sit on the sidelines, as the next announcement could be an increase.
The best rates that we have seen so far:
3 year fixed at 3.89% (decreased from 4.24% in September 2025)
5 year variable at 3.70%
The next scheduled date for announcing the overnight rate target is January 28, 2026.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place is proud to be among the first luxury condominiums in Toronto to now offer a pickleball court amenity.
“Pickleball is Canada’s fastest-growing sport.” – CBC News
The court has been custom-built by the renowned Sport Court team using the official modular surface of the USA Pickleball Association.
Palace Place offers world-class fitness amenities that include a gym, which has been outfitted with the latest, top-of-the-line equipment from Atlantis, a solarium saltwater pool, a basketball court, a squash court, and an outdoor putting green.
If you lead an active lifestyle, Palace Place has you covered!
Contact Luke Dalinda now for your exclusive opportunity to tour Palace Place!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
