Category Archives: Palace Place Sales

Palace Place

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

Highlights:

• Luke Dalinda had sold Palace Place, Suite 3903 for $1,360,000, or $670 per square foot.
  
• Luke Dalinda had sold Palace Place, Suite 2204 for $490,000, or $620 per square foot.
• Price charts for Palace Place, Palace Pier, Lago, Waterford, Newport Beach, Ocean Club, Grenadier Landing, Nautilus, and Marina Del Rey!
• Critical information for landlords at Palace Place!
  

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Sales and Prices are through the Roof!

Palace Place had experienced low inventory in the first two months of 2017, which had resulted in significant price appreciation and intense bidding wars for the 4 sales that had occurred during this period. With its 2016 average price at only $439 per square foot, astute buyers had recognized the tremendous value in the quality construction, large spaces, and numerous amenities and services that Palace Place offers.

So far this year, I had set further historic record prices at Palace Place by having sold Suite 2204 for $490,000, or 620 per square foot, by having represented the seller, and I had sold Suite 3903 for $1,360,000, or $670 per square foot, by having represented both the sellers and buyers.

I had sold Suite 4001 for $1,980,000, or $700 per square foot, by having represented the seller. This achievement had allowed for a subsequent sale to achieve $831 per square foot!

Palace Place: LANDLORDS MUST READ!

Landlords, did you know that because of the year Palace Place was completed, Palace Place qualifies for an exemption to the Residential Tenancies Act?

What this means is that Palace Place is EXEMPT from the guideline governing yearly rent increases.

So, while other buildings must follow this year’s guideline of 1.5% for 2017, Palace Place landlords can increase their rent by whatever amount they choose, provided that they follow all other requirements as set out in the Act.

If you would like more information, please contact me!

As the longest serving realtor at Palace Place and a fellow owner, I am highly motivated to achieve record prices. My experience and guidance will position your suite for top dollar. My marketing will offer you better exposure and better results. Please give me a call.

TESTIMONIAL

November 25, 2016

Luke Dalinda exceeds the highest standards of care and professionalism. My family and I required a very specific configuration in terms of location, lay-out, and price-point. Luke was able to locate exactly what we needed, and most importantly, he was able to get us our dream home at the best price possible. His knowledge of the market, and his capacity to deliver are second to none.

Michael Boguski, keyboard player, Blue Rodeo

Palace Place

Palace Place

I have written to proudly announce that, according to the Toronto Real Estate Board, I have again been the #1 top selling realtor for Palace Place for 2016.

The 2015 average price per square foot for Palace Place had been $433 per square foot. During this time, the highest prices that had been achieved to date were $516 per square foot and $537 per square foot.

The 2016 market had proved to be the best year ever for Palace Place! We had seen many bidding wars. In October, I had set the historic record price at Palace Place by having sold Suite 4001 for $1,980,000, or $700 per square foot, by having represented the seller.

Better Exposure. Better Results.

To achieve this record price, I had implemented an international marketing plan to showcase Palace Place to the world using my exclusive partnerships, and it had worked! Buyers from Kuwait and Shanghai took immediate notice.

This achievement had allowed for a subsequent sale to achieve $831 per square foot!

These two records have significantly raised the average price per square foot at Palace Place, and they have set the stage for an incredible 2017!

Achieve your goals, and get the deal done!

Luke Dalinda’s 2016 Sales

Suite 4001* HISTORIC RECORD PRICE
Suite 1009**** Record Price
Suite 402* Record Price
Suite 3102* Record Price
Suite 2906* Record Price
Suite 2712* Record Price
Suite 2910* Record Price
Suite 4307* Record Price
Suite 1702** Leased
Suite 4309* Record Lease Price
*Seller Rep., **Buyer Rep., ****Seller & Buyer Rep.

As always, I am honored to be considered for your real estate needs, and I work very hard to earn the right to represent you. Read what my clients have said!

To position your suite for the best return in 2017, please contact me for a short, confidential meeting.

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

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

Palace Place Special Announcement: Luke Dalinda achieves a historic $700 per square foot for Palace Place.

I have written to proudly announce that I have set a historic record price at Palace Place by having just sold Suite 4001 for $1,980,000, or $700 per square foot, by having represented the seller.

The 2015 average price per square foot for Palace Place had been $433 per square foot. Prior to this sale, the highest prices that had been achieved to date were $516 per square foot and $537 per square foot.

To achieve this record price, I had implemented an international marketing plan to showcase Palace Place to the world using my exclusive partnerships, and it had worked! Buyers from Kuwait and Shanghai took immediate notice.

Where else in Toronto can you get such fit and finish, such a spacious size, and such an enchanting view?

This by far is a career highlight for me at Palace Place, and I thank all those who had helped make it happen.

Sellers!

These marketing efforts have left me with several more buyers looking for large Palace Place suites! In fact, they are ready to pay even more given the recognized value proposition Palace Place represents. If you have a large Palace Place suite, please call me ASAP!

Buyers take note!

In the condo world, newer is not better!
Do the math! This sale price of $700 per square foot is a bargain when new, inferior construction is charging up to $1,000 per square foot. Furthermore, this suite size in the downtown core would easily fetch $2,000 per square foot or more. Why buy the K-car when you can own the Mercedes-Benz?

Buyers want space, and, most importantly, buyers want quality. New construction fails to deliver these two key requirements. Palace Place offers unrivalled construction, spacious floor plans, 5-star amenities and services, and million dollar views that you cannot find in new buildings today!

Come see what Palace Place has to offer today!

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

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