Palace Place, 1 Palace Pier Court
THE BUILDING
Luke Dalinda presents Palace Place.
Palace Place, 1 Palace Pier Court, is one of the most prestigious and luxurious waterfront condominium residences in Canada.
Whatever may be said of Palace Place, you may set it down as an understatement.
Not simply an address, Palace Place is a destination. Palace Place offers the kind of living that you have never seen before.
Visually, 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.
The community of Palace Place is made up of 504 suites and currently 1,021 residents. Of note, Palace Place is one of the few condominiums in Toronto that consists of a majority of owner occupants, lending to a very involved and dedicated ownership that volunteer their vast expertise on our committees and very proactive Board. Such collective efforts have led to one of the highest reserve funds in Toronto, past budgets of an unprecedented 4 consecutive years of 0% fee increases, which have since been followed by below inflation increases, numerous energy efficiencies, saving Palace Place in excess of $2.5-million, well negotiated cable and Internet agreements, proactive maintenance, and a recent property valuation of $1,168 per square foot. The directors of Palace Place keep up with new developments in the condo area through research on websites, articles, and via the Humber Bay Shores community association, of which Palace Place was a founding member. Palace Place prides itself in ensuring frequent communications to owners. This is done by sending regular Board and management reports, Minutes of all Board and Committee meetings, including monthly financial statements, and holding special town hall meetings. The Palace Place community is also made up of some 40 loyal, hardworking staff members, many of whom have served the community for over a decade, which speaks to the positive and supportive work environment offered at Palace Place.
Palace Place was also recognized for its prompt and proactive efforts to protect its residents and staff during the pandemic crisis, creating policies that quickly became a standard in the condominium community.
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. This service manages the day to day requests of our residents, including event and travel planning, lifestyle services, relocation assistance, and entertainment arrangements, backed by a network of contacts to look after our residents’ every need.
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 features every conceivable amenity, including valet parking, a security system, with a 24-hour concierge, guards, and video surveillance, signature services, guest suites, shuttle bus service, and a world-class health club, with brand new women’s and men’s spas, a squash court, a racquetball court, a sauna room, an indoor pool, a recreation room, and a rooftop lounge.
In 2021, Palace Place had made a strategic financial investment to increase the building electrical system capacity to support an Electronic Vehicle Charging Infrastructure initiative that had provided EV charging to residential parking spots. Phase 1 of the initiative had provided EV charging stations for 80 vehicles, with scalable infrastructure that allows for more capacity as more residents move to electric vehicles. This green initiative was one of the many innovative ways that Palace Place looks to reduce its carbon footprint.
In 2022, led by renowned celebrity designer Ramsin Khachi (Marilyn Denis Show) and Folio Interiors, Palace Place had embarked on a $3.8-million fully-funded refurbishment of its hallway corridors. This major project had made use of new technologies to maximize design, comfort, and energy efficiency while reducing maintenance.
“Palace Place is one of the healthiest and well-established financial successes in not only the city, but in all of Ontario.
Palace Place has set the bar pretty high for other condominium communities to strive towards.”
LUKE DALINDA + PALACE PLACE
Luke Dalinda has been a Palace Place resident since 1993.
Luke Dalinda is the #1 top selling sales representative at Palace Place. Luke Dalinda has written the renowned Dalinda Report, which features the original Palace Place price chart report, since 1997.
Luke Dalinda had been the first #1 top realtor at Palace Place since it had achieved its independence from Citibank in 1997, as per TREB data. The Dalinda Team has achieved top 1% in Canada status since 2014, as per Royal LePage sales. Read about Luke Dalinda’s first Palace Place Record Price by clicking here.
In 2012, Luke Dalinda had been elected to the Palace Place Board by having received the highest number of votes in Palace Place history (210 votes from 294 represented units). Luke had served for 3-years and 4-terms as Vice President of Palace Place.
In 2016, as part of a three-member team, Luke Dalinda had been elected to the Palace Place Board by having proposed a comprehensive plan for the management of Palace Place called, Palace Place 2020. At this time, Luke Dalinda had been unanimously elected as President.
Luke Dalinda had achieved over 96% of the vote in his 2018 re-election.
Luke Dalinda had achieved 98.8% of the vote in his 2021 re-election. Luke Dalinda has served as President of Palace Place since 2016.
Read about Luke Dalinda’s more recent accomplishments as President of Palace Place by clicking here.
In 2023, Luke Dalinda had been recognized for his exceptional leadership of Palace Place for over a decade by Crossbridge Condominium Services Ltd., the largest property management company in Canada, which manages over 400 condominium residences.
“With respect to my support for Luke Dalinda, I have known him since he was a teenager. He has always been passionate about Palace Place and that is clearly reflected in his work. He is the only Board member in my view that is familiar with all the complexities of our building’s history. When Luke decided to run for the Board, I could tell that he genuinely wanted to enhance the community. He wanted to make sure that he knew everything that he needed to know about the building before coming to you, the owners.
Luke is the only one to present a vision in writing for the future of Palace Place to the owners. For that, he won the highest number of votes ever at Palace Place.”
– Gus Protopapas
Palace Place President from 1996 to 2001 • Palace Place Director for over 15-years
THE BOOK
Palace Place is a history book about the most prestigious, luxurious, and best managed waterfront condominium residence in Canada, which has been written by Luke Dalinda.
Totaling 88-pages, this book features the most stunning 11 x 8.5-inch pictures that offer a vivid look at this landmark building.
From what the original site had looked like when divers had to plunge hundreds of feet into a dark abyss to the majestic oriental and Louis XV inspired furnishings and décor, this must-have book features everything that you have ever wanted to know about Palace Place.
ISBN: 978-0-9878046-0-0
Palace Place Sales Office:
Luke Dalinda
Realtor
The #1 Top Selling Realtor at Palace Place
The #1 Top Selling Realtor in Humber Bay Shores
Top 1% in Canada
Email Address: ldalinda@dalinda.net
ROYAL LEPAGE
Royal LePage Real Estate Services Ltd., Brokerage
(The company-owned brokerage firm)
3031 Bloor Street West
Toronto, Ontario, CANADA
M8X-1C5
Palace Place Sales Office Phone Number: 416-725-7170
PALACE PLACE, the book, is on sale now. https://www.Dalinda.net/palaceplacebook
*Top 1% in Canada, such achievement has been based on the gross, closed commissions that had been collected by the Dalinda Team in 2018, 2019, and 2021 from Royal LePage for teams of 5 or under.
**The #1 Top Selling Realtor in Humber Bay Shores (W06, Condos), such achievement has been based on the total combined units and the total selling dollar volume that had been sold from January 2017 to December 2023 from TREB MLS data that had been analyzed by independent third party, RE Stats.
***The #1 Top Selling Realtor at Palace Place, such achievement has been based on the number of sales that had been sold from 2010 to 2023 from TREB MLS data.