This is somewhat embarrassing, isn’t it?

Looking to Buy or Sell at Palace Place and Palace Pier, then you MUST read this.

It never ceases to amaze me that hardworking homeowners can foolishly list their condominiums with realtors who cannot even be bothered to identify the condo building and amenities correctly.

In some cases, even after more than 140 to almost 200 days on MLS, these homeowners wonder why their properties are not selling when every other listing has sold. Instead of doing basic due diligence to ensure that their listing details are correct, they instead wonder why their property is sinking like the Titanic and being completely ignored by the professional realtors who dedicate their entire careers to the neighbourhood.

Sadly, there are realtors who just don’t care.

Case in point, there are signifiant differences between Palace Place and Palace Pier. This blog was founded over 25-years ago specifically to raise awareness over them.

  • Palace Pier - 2045 Lake Shore Boulevard West, Toronto ON

The address for Palace Place, the newer tower closer to the water, is 1 Palace Pier Court.

The address for Palace Pier, the older tower closer to the highway, is 2045 Lake Shore Boulevard West.

These two condos are completely separate buildings built by separate developers, offering different services and amenities.

Buyers need to know what they are actually buying. It will only help sellers achieve a higher price and avoid claims of false advertising.

Let’s take a look at just some of what realtors get wrong over and over again.

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 Pier had been developed by Max Tanenbaum, a businessman in the steel and construction industries, who had also built Sutton Place Hotel.

Pools

Palace Place Pool

The above photo is of the swimming pool at Palace Place, 1 Palace Pier Court.

Palace Pier Pool

The above photo is of the swimming pool at Palace Pier, 2045 Lake Shore Boulevard West.

Who has a tennis court?

Palace Pier Tennis Court

Only, Palace Pier, 2045 Lake Shore Blvd West, has a tennis court. This court is not shared with Palace Place. It is only for the use of Palace Pier residents.

Palace Place Putting Green

Instead, Palace Place, 1 Palace Pier Court, has a putting green.

Les Clefs d’Or – The exclusive concierge service of elite hotels, like the Four Seasons, only at Palace Place.

Did you know? Palace Place is one of only two condos to offer a Les Clefs d'Or Concierge in Toronto.
Palace Place Les Clefs d’Or Concierge Service

Only Palace Place, 1 Palace Pier Court, has an exclusive Les Clefs d’Or Concierge. This is 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.

Palace Pier, 2045 Lake Shore Blvd West, can never have this service due to a decision by the organization to no longer service any condominiums.

Therefore, this is an exclusive, grandfathered service available only to Palace Place, 1 Palace Pier Court.

Pricing

The biggest of all differences is obviously pricing.

Palace Place, 1 Palace Pier Court, had an average price per square foot of $914 in 2021. Palace Pier, 2045 Lake Shore Blvd West, had an average price per square foot of $606 in 2021.

Whether you are looking to buy or sell, the pricing information that I offer on Palace Place and Palace Pier is simply unequaled. I welcome you to contact me at anytime for a confidential, complimentary market insight report and evaluation.

“Information is the key in turning uncertainty into opportunity.”

– Luke Dalinda

Information is free. It costs you nothing to ask for it.

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.

2022 is the year of the condo!

2022 is the year of the condo

Why?

In December 2021, the average price for a home in the city of Toronto was $1,698,178, and the average price for a condo had totalled $725,083.

When the condo average is less than half of the home average, the dramatic imbalance historically leads to a shift that drives condo sales, resulting in price increases.

With little inventory, now is the time to get a record price.

This is especially true for Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West.

Follow @LukeDalinda on Instagram!

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.

Considering a move in 2022, call Luke Dalinda today!

We do things differently. We deal with our clients one on one with care and dedication, resulting in a higher level of success and satisfaction.

If you are considering a move in 2022, call us to learn how we can exceed your expectations and deliver you the ultimate results.

We thank our valued clients, supporters, and referral partners for an incredible 2021.

Happy New Year and all the very best for 2022!

Some of our 2021 Deals:

  • 🔥40 Frances Avenue 
  • 🔥Palace Place, Suite 3702
  • 🔥Palace Place, Suite 4101
  • 🔥20 Holloway Road
  • 🔥Riverhouse, 30 Old Mill Drive, Suite 704
  • 🔥Palace Place, Suite 3410
  • 🔥209 Fort York, Suite 661 
  • 🔥39 Brant Street, Suite 915 
  • 🔥42 Sycamore Drive 
  • 🔥15 Legion, Suite 1105
  • 🔥114 Edgecroft Road
  • 🔥35 Ormskirk Avenue, Suite 407 
  • 🔥Grand Harbour, 2285 Lake Shore B W, Suite 902 
  • 🔥79 Townline Road, Unit 1. Orangeville. 
  • 🔥Palace Place, Suite 3907 
  • 🔥Palace Place, Suite 2704
  • 🔥Palace Place, Suite 3102 
  • 🔥Palace Place, Suite 4201 
  • 🔥Palace Place, Suite 2205 
  • 🔥Palace Place, Suite 3505 
  • 🔥Palace Place, Suite 2401
  • 🔥Palace Place, Suite 304
  • 🔥Palace Place, Suite 805
  • 🔥Palace Place, Suite 3105 
  • 🔥Palace Place, Suite 3009
  • 🔥Palace Place, Suite 3411
  • 🔥Palace Place, Suite 2311
  • 🔥Palace Place, Suite 1510
  • 🔥Palace Place, Suite 4301
  • 🔥Palace Place, Suite 3110
  • 🔥Palace Place, Suite 604
  • 🔥Palace Place, Suite 1002
  • 🔥Palace Place, Suite 3708
  • 🔥Palace Place, Suite 3102
  • 🔥Palace Place, Suite 3702
  • 🔥Palace Place, Suite 3409
  • 🔥19 Hays Boulevard
  • 🔥8351 McLaughlin Rd, Suite 411
  • 🔥2560 Eglinton Avenue West, Suite 2403
  • 🔥2333 Sawgrass Drive, Suite 201
  • 🔥2155 Shawanaga Trail
  • 🔥82 Struthers Street
  • 🔥28 Butterfield Crescent, Maple
  • 🔥53 Anglesey Boulevard
  • 🔥76 Dunedin Drive
  • 🔥2160 Shawanaga Trail
  • 🔥470 Markham Street
  • 🔥996 Vanier Drive
  • 🔥20 Lightbourn Avenue
  • 🔥75 Deforest Road
  • 🔥341 Armadale Avenue
  • 🔥296 Mill Road, Penthouse 6
  • 🔥8 Alma Drive
  • 🔥1038 Alexandra Avenue
  • 🔥15 Legion Road, Suite 1105
  • 🔥12 Leamington Avenue
  • 🔥347 Hutchcroft Court, Aurora
  • 🔥2220 Lake Shore B W, Suite 301
  • 🔥41 Brock Street
  • 🔥312 Riverside Drive

View all current and past Palace Place listings for sale here.

Follow @LukeDalinda on Instagram!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.

Palace Place Market News at the Speed of Need

THE ORIGINAL PALACE PLACE PRICE CHART REPORT (SINCE 1997)

In 1997, before the Internet 🤣, Luke Dalinda had launched a monthly Palace Place Price Chart report, so that owners could accurately track the sale prices for Palace Place suites. This report has been sent to clients and the community for almost 25-years!

Now, the original Palace Place Price Chart report and market news can be found live on our website at the following URL.

THE ORIGINAL PALACE PLACE PRICE CHART REPORT (SINCE 1997)

https://www.dalinda.net/featured-neighbourhoods/palace-place/10/

Featured NeighbourhoodsNEW: Click here to view market statistics, average prices, and listings for your favourite neighbourhoods.

Call Luke Dalinda to tour Palace Place today!

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.