Breaking News: The Dalinda Team achieves Top 1% in Canada

palace place award_nccThe Dalinda Team has just achieved one of the highest distinctions in the Canadian real estate industry by having achieved the Top 1% National Chairman’s Club status at Royal LePage.

According to Phil Soper, Royal LePage President and CEO, who had said at the announcement yesterday, “We are all very proud of the extraordinary accomplishments and unwavering commitment to excellence displayed by these exceptional people.”

*Such achievement has been based on the number of sales that had been sold by the Dalinda Team in 2014 from Royal LePage and MLS data.

Contact the Dalinda Team today!

Daiva Dalinda, Broker, Luke Dalinda, Sales Representative, Valentina Morasky, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

LDALINDA@DALINDA.NET • 416-725-7170

JUST SOLD: Palace Place, Suite 1503

Palace Place Suite 1503Palace Place City View Luke Dalinda1 Palace Pier Court, Suite 1503 sold for $880,000!

I have written to proudly announce that I have sold yet another suite at Palace Place by having just sold Suite 1503 for $880,000 by having represented the buyer.

Come see what Palace Place has to offer! Call Luke Dalinda today!

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

JUST SOLD: Palace Place, Suite 306

Palace Place 306 Sold Card - PP 3061 Palace Pier Court, Suite 306 sold for $774,000!

I have written to proudly announce that I have sold yet another suite at Palace Place by having just sold Suite 306 for $774,000 by having represented the buyer and seller.

Come see what Palace Place has to offer! Call Luke Dalinda today!

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

JUST SOLD: Palace Place, Suite 1912 for the RECORD PRICE of $370,000!

PalacePlace1912CardA copyPalacePlace1912CardB copySpecial Announcement: 1 Palace Pier Court, Suite 1912 sold for $370,000!

I have written to proudly announce that I have set yet another record price at Palace Place by having just sold Suite 1912 for $370,000 by having represented the buyer.

This is a great accomplishment for 1-bedroom suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers want space, and, most importantly, buyers want quality. New construction fails to deliver these two key requirements. Palace Place offers magnificent floor plans that you cannot find in new buildings today!

Come see what Palace Place has to offer! Call Luke Dalinda today!

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

The Dalinda Palace Place Report, September 2014, is out!

palaceplacereportThe new issue of The Dalinda Report has just been posted!

CLICK HERE TO DOWNLOAD

Palace Place had experienced a strong period from June 1, 2014 to September 4, 2014, as total sales had increased marginally from 8 sales in 2013 to 9 sales in 2014.

While sales are strong, it is critical to note that the record prices that had been experienced from 2010 to 2013 are not being achieved in 2014. This is best attributed to the increase in new inventory from condos like Nautilus, 16 Brookers Lane.

From January 2014 until September 4, 2014, there had been 329 sales of condominium units that had been sold for under $450,000 in the Humber Bay Shores area.

During this time, there had only been 89 sales of condominium units that had been sold for above the $450,000 price point. Of that amount, there had only been 38 sales of condominium units that had been sold for between $500,000 and $600,000. Of those, 10 sales were from Palace Place.

Finally, since January 2014, there had only been 22 sales of condominium units that had been sold for above $700,000. Of those, only 3 sales were from Palace Place.

Traditionally, Palace Place has stood on its own with the introduction of new condo buildings into the marketplace. While Nautilus is definitely not Palace Place, it is a very modern, brand new condo that offers great views and balconies. Palace Place has experienced a challenge in competing with this “new factor”.

What buyers fail to consider when infatuated with these “new” condos are construction, window wall construction versus curtain wall construction, financial health of the condo corporation, special assessments, what the fees include, what are the fees per square foot in comparison, etcetera. The “new” factor of a condo is lost within 5-years. Buyers need to consider these facts carefully, but, unfortunately, they are given comparisons of all things being equal.

This report article has been written by Luke Dalinda.
All statistics have been provided by the Toronto Real Estate Board, Royal LePage, and The Dalinda Report.
TM © The Dalinda Report. All rights reserved.
The information that has been written herein has been obtained from sources that have been deemed reliable. There has been no reason to doubt its accuracy, but, regretfully, it cannot be guaranteed.

The Dalinda Palace Place Report, Summer 2014, is out!

Palace Place DR June 2014_Backv2SMALL

The new issue of The Dalinda Report has just been posted!

CLICK HERE TO DOWNLOAD

Palace Place had experienced a slow but solid period from January 1, 2014 to June 1, 2014, as total sales had increased from 10 sales in 2013 to 12 sales in 2014.

While sales are strong, it is critical to note that the record prices that had been experienced from 2010 to 2013 are not being achieved in 2014. This is best attributed to the increase in new inventory from condos like Nautilus, 16 Brookers Lane.

What buyers fail to consider when infatuated with these “new” condos are construction, window wall construction versus curtain wall construction, financial health of the condo corporation, special assessments, what the fees include, what are the fees per square foot in comparison, etcetera. The “new” factor of a condo is lost within 5-years. Buyers need to consider these facts carefully, but, unfortunately, they are given comparisons of all things being equal. As the saying goes, “you can only compare apples to apples.”

This report article has been written by Luke Dalinda.
All statistics have been provided by the Toronto Real Estate Board, Royal LePage, and The Dalinda Report.
TM © The Dalinda Report. All rights reserved.
The information that has been written herein has been obtained from sources that have been deemed reliable. There has been no reason to doubt its accuracy, but, regretfully, it cannot be guaranteed.

The Dalinda Palace Place Report, February 2014, is out!

Palace Place Luke Dalinda 1st Page_BAUN EDITSMALL

The new issue of The Dalinda Report has just been posted!

CLICK HERE TO DOWNLOAD

Palace Place had experienced a slow year in 2013. Total sales had decreased from 34 sales in 2012 to 27 sales in 2013. The average price per square foot for Palace Place for 2013 had been $412, which had been up from $405 in 2012.

The biggest news of 2013 was that I had set the historic, all-time record price per square of $515 for Palace Place.

I am honored to have again sold the most Palace Place suites and to have yet again set the most record prices for Palace Place by far.

My biggest complaint of 2013 is that Palace Place owners are not doing their homework and far to often have accepted lower market valuations from realtors looking to make a quick sale.

Buyers take note!

When these new shoebox condos are selling for $700 to $1000 per square foot, you can see that there is a lot of room for improvement in our $412 per square foot average.

In 2013, there had been 476 sales of condominium units that had been priced under $450,000 in the Humber Bay Shores area.

In 2013, there had only been 117 sales of condominium units that had been priced above the $450,000 price point. Of that amount, there had only been 38 sales of condominium units that had been priced between $500,000 and $600,000. Of those, only 4 sales were from Palace Place.

Finally, since January 2013, there had only been 37 sales of condominium units that had been priced above $700,000.

The big difference between 2012 and 2013 is that 2013 had seen the release of over 57 suites from Nautilus, 16 Brookers Lane, a brand-new Monarch building. To date, 48 of those suites have sold and 9 suites remain on the market.

Traditionally, Palace Place has stood on its own with the introduction of new condo buildings into the marketplace. While Nautilus is definitely not Palace Place, it is a very modern, brand new condo that offers great views and balconies. Palace Place has experienced a challenge in competing with this “new factor”. Add the challenges of qualifying for a mortgage under the new rules, and it is clear how we have seen a decrease in sales.

2014 will see even more new inventory come on the market, and a lot more is scheduled for 2015. It will take hard work and passion to keep the incredible value proposition of Palace Place at the forefront.

I continue to seek innovative solutions to attract buyers to your suite. I truly believe that Palace Place is the best-built building in Toronto and one of the city’s foremost residential opportunities.

This report article has been written by Luke Dalinda.
All statistics have been provided by the Toronto Real Estate Board, Royal LePage, and The Dalinda Report.
TM © The Dalinda Report. All rights reserved.
The information that has been written herein has been obtained from sources that have been deemed reliable. There has been no reason to doubt its accuracy, but, regretfully, it cannot be guaranteed.

Palace Place, Suite 2802 JUST SOLD!

Palace Place City View Luke Dalinda

Palace Place Sold Card - PP 2802

I have written to proudly announce that I have sold yet another suite at Palace Place by having just sold Suite 2802 for $540,000 by having represented the buyer and seller.

As January continues to fire on all cylinders, buyers are actively trying to find quality suites. It is time for sellers to take note.

If you are looking to sell your Palace Place suite for the best price, please call me today!

Please be sure to check out Toronto Life’s Condo of the Week!

Luke Dalinda

Email: ldalinda@dalinda.net Tel: 416-725-7170

Palace Place, Suite 4306 JUST SOLD for $895,000!

Palace Place 1 Palace Pier Court Suite 4306 Sold by Luke DalindaI have written to proudly announce that I have sold yet another suite at Palace Place by having just sold Suite 4306 for $895,000 by having represented the seller.

The New Year is off to a fantastic start. January 2014 is proving to be one of the most active Januarys in Palace Place’s history! After a very slow fall market, where the majority of sales had occurred for condos priced under $450,000, we are seeing passionate interest from buyers in condos that offer bigger spaces!

Buyers want space, and, most importantly, buyers want quality. New construction fails to deliver these two key requirements. Palace Place offers magnificent floor plans that you cannot find in new buildings today!

Let me show you an exclusive collection of suites that represent the best that Palace Place has to offer! Call me today!

Please be sure to check out Toronto Life’s Condo of the Week!

Luke Dalinda

Email: ldalinda@dalinda.net Tel: 416-725-7170

Palace Place 1 Palace Pier Court Suite 4306Palace Place 1 Palace Pier Court Suite 4306

Palace Place Awarded Condo of the Week by Toronto Life!

toronto-life-logo-2010

Toronto Life has awarded Palace Place the prestigious Condo of the Week title for Suite 906.

See the article here.

According to Luke Dalinda, Palace Place’s longest serving realtor and Vice President (MTCC 1053), “This is a well deserved recognition for one of Toronto’s foremost residential opportunities. We thank Toronto Life for this honor.”

Palace Place is the most prestigious, luxurious, and best managed waterfront condominium residence in Toronto.

Come see why! Contact Luke Dalinda today, Email: LDALINDA@DALINDA.NET Tel:416-725-7170.

Palace Place City View Luke DalindaPalacePlaceClear_Watermark

 

JUST LISTED: Palace Place, 1 Palace Pier Court, Suite 906 – $909,000

Palace Place Suite 906Palace Place Suite 906palace place suite 906IMG_7545Palace Place, 1 Palace Pier Court, Suite 906 – For sale at $909,000

Breathtaking is the word that best describes Palace Place, which is the most prestigious, luxurious, and best managed waterfront condominium residence in Canada. Suite 906 is a modern condominium residence, with approximately 1,985 square feet of living space and breathtaking views of Lake Ontario. This suite features Ian Schrager-inspired finishes. Click for flyer.

Luke Dalinda, Sales Representative. Valentina Morasky, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

The Dalinda Report, September 2013, is out!

Palace Place City View Luke DalindaPalace Place September 2013The new issue of The Dalinda Report has just been posted!

 

CLICK HERE TO DOWNLOAD

While the home market is firing on all cylinders, the condo market is having a tough year, especially in the Humber Bay Shores area. We are seeing realtors offer as much as 4.5% to the co-operating brokerage for selling hard-to-sell suites. In fact, some of my Palace Place listings have offered as much as 3.5% to the co-operating brokerage, a requirement that I have not seen in over 16-years.

In these market conditions, it takes unparalleled market knowledge and innovative, new compensation models to effect sales. These market conditions truly separate realtors with talent from those without. A realtor who knows his product, has key connections, and can walk his talk is critical in getting the deal done in today’s market.

My sole purpose is to get you the highest possible price, a record price, for the least possible cost.

Given the challenging market conditions, Palace Place had experienced a strong period from June 1, 2013 to September 5, 2013, as total sales had decreased marginally from 9 sales in 2012 to 8 sales in 2013.  Prices had increased significantly during this time. In fact, three of these eight sales had been sold by me.

• I had sold Suite 3906 for the record price of $928,000, or $457 per square foot, which had represented $108,000 over the last 06 sale price.

• I had sold Suite 4305 for the price of $608,500.

• I had sold Suite 1211 for the all-time record price of $383,000.

As always, I am honored to be considered for your real estate needs. Thank you for your time.