Breaking News: Palace Place, Suite 1203 – JUST SOLD!

Palace Place, 1 Palace Pier Court, Suite 4302: 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 210 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.

  • Why Palace Place - Residences That Are Sublime
  • Why Palace Place - Forever View
  • Why Palace Place - Private Shuttle
  • Why Palace Place - Valet Parking
  • Why Palace Place

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.

Breaking News: Palace Place, Suite 4302 – JUST SOLD! Palace Place, Suite 3608 – JUST LEASED!

Palace Place, 1 Palace Pier Court, Suite 4302: JUST SOLD!

(Represented Seller)

Palace Place, 1 Palace Pier Court, Suite 3608: JUST LEASED! RECORD PRICE!

(Represented Landlord)

Market commentary

The condo market has taken a punch over the last year due to low confidence in the market from the delayed resolution of the remaining trade issues between Canada and the USA, but Palace Place, when marketed properly, has proven resilient, as astute buyers recognize its quality of construction, wide range of spacious suites, and the most beautiful views ever.

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.

Let Luke Dalinda get the deal done for you.

  • Why Palace Place - Residences That Are Sublime
  • Why Palace Place - Forever View
  • Why Palace Place - Private Shuttle
  • Why Palace Place - Valet Parking
  • Why Palace Place

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.

Welcome to the most important week in history!

Welcome to the most important week in history!

November 4 🇨🇦 – Canada’s budget

November 5 🇺🇸 – Supreme Court hearing on Tariffs

Buckle up!

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

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.

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

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

Happy Halloween!

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

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.

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

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

Bank of Canada DROPS policy rate for a second time to 2.25%.

Today, October 29, 2025, the Bank of Canada has announced that it is dropping rates for the second time to 2.25%.

The Canadian economy would gain significant stability from a robust trade agreement with the United States, provided the government can overcome its ineffective negotiation efforts.

While such a critical deal remains in limbo, this second rate reduction is the next best thing to help restore confidence back into the market. This news should bode well for market activity over the coming month.

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 3.95%

The next scheduled date for announcing the overnight rate target is December 10, 2025.

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

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.

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

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

This week in The Globe and Mail, Luke Dalinda talks about Humber Valley Village and Humber Bay Shores!

Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-size-helps-older-unit-mimico-stand-out/

Legacy condominiums offer expansive living spaces at highly competitive price points, particularly compared to the newer, higher-priced ‘shoebox’ condominiums in today’s market.

Toronto waterfront retirement condo unit snapped up in just one day

Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-etobicoke-home-prized-neighbourhood-sells-quickly

Etobicoke home in a prized neighbourhood sells quickly

Online now, in print on Friday!

When The Globe and Mail wants insight into the real estate market for Palace Place and Humber Bay Shores, they contact Luke Dalinda. 

You should too! 

Read my other recent interviews with The Globe and Mail here: 

https://www.theglobeandmail.com/real-estate/toronto/article-waterfront-condo-sellers-face-herd-mentality

https://www.theglobeandmail.com/real-estate/toronto/article-humber-river-waterfront-suite-sells-for-399000-below-original-asking

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-waterfront-retirement-condo-unit-sale

https://www.theglobeandmail.com/real-estate/article-georgian-style-house-humber-river-toronto-fast-sale

https://www.theglobeandmail.com/real-estate/toronto/article-real-estate-buyers-market-summer-2025

https://www.theglobeandmail.com/real-estate/toronto/article-buyer-chops-111000-off-price-of-humber-bay-condo

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

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.

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

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

Luke Dalinda talks about Toronto’s Waterfront in today’s Globe!

Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-waterfront-condo-sellers-face-herd-mentality

“When someone gets slaughtered with a low sale, it’s all over social media. That can create a false impression that all properties are selling at fire sale prices, he says. In September, the lowest price-per-square-foot recorded in the area was $550, he says, while the highest tally was $1,027 per square foot. Around the $800-per-square-foot mark is the sweet spot for luxury properties in the area, he adds.”

Online now, in print on Friday!

Read my other recent interviews with The Globe and Mail here:

https://www.theglobeandmail.com/real-estate/toronto/article-humber-river-waterfront-suite-sells-for-399000-below-original-asking

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-waterfront-retirement-condo-unit-sale

https://www.theglobeandmail.com/real-estate/article-georgian-style-house-humber-river-toronto-fast-sale

https://www.theglobeandmail.com/real-estate/toronto/article-real-estate-buyers-market-summer-2025

https://www.theglobeandmail.com/real-estate/toronto/article-buyer-chops-111000-off-price-of-humber-bay-condo

https://palaceplace.com/in-todays-globe-and-mail-luke-dalinda-talks-condo-market-palace-place-sales-3/

When The Globe and Mail wants insight into the real estate market for Palace Place and Humber Bay Shores, they contact Luke Dalinda.

You should too! 

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

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.

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

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

Luke Dalinda is in TWO Globe and Mail features this week: He talks about preserving home equity and a retirement condo that sold in 1 day!

Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-humber-river-waterfront-suite-sells-for-399000-below-original-asking

“Buyers anticipate steep price reductions,” said Mr. Dalinda. “However, resilient sellers who hold firm will ultimately find their market price, preserving their hard-earned home equity.

Toronto waterfront retirement condo unit snapped up in just one day

Read the article here:

https://www.theglobeandmail.com/real-estate/toronto/article-mimico-waterfront-retirement-condo-unit-sale

“Retirement living can be stressful when the time comes. Fortunately, the solutions offered by Hearthstone By The Bay offer residents both the freedom and independence of condo living supported by a full spectrum of assisted living services that are accessible when needed.”

Online now, in print on Friday!

Read my other recent interviews with The Globe and Mail here:

https://www.theglobeandmail.com/real-estate/article-georgian-style-house-humber-river-toronto-fast-sale

https://www.theglobeandmail.com/real-estate/toronto/article-real-estate-buyers-market-summer-2025

https://www.theglobeandmail.com/real-estate/toronto/article-buyer-chops-111000-off-price-of-humber-bay-condo

https://palaceplace.com/in-todays-globe-and-mail-luke-dalinda-talks-condo-market-palace-place-sales-3/

When The Globe and Mail wants insight into the real estate market for Palace Place and Humber Bay Shores, they contact Luke Dalinda.

You should too! 

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

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.

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

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

Bank of Canada DROPS policy rate to 2.5%.

Today, September 17, 2025, the Bank of Canada has announced that it is finally dropping rates to 2.5%.

The Canadian economy would gain significant stability from a robust trade agreement with the United States, provided the government can overcome its ineffective negotiation efforts.

While such a critical deal remains in limbo, this rate reduction is the next best thing to help restore confidence back into the market. This news should bode well for market activity over the coming month.

The best rates that we have seen so far:

3 year fixed at 4.24% (Increased from 4.09% in March 2025)

5 year variable at 4.20%

The next scheduled date for announcing the overnight rate target is October 29, 2025.

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

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.

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

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

Breaking News: Palace Place, Suite 804 – JUST SOLD!

Palace Place, 1 Palace Pier Court, Suite 804: JUST SOLD!

(Represented Seller)

The condo market has taken a punch over the last year due to low confidence in the market from the delayed resolution of the remaining trade issues between Canada and the USA, but Palace Place, when marketed properly, has proven resilient, as astute buyers recognize its quality of construction, wide range of spacious suites, and the most beautiful views ever.

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.

Let Luke Dalinda get the deal done for you.

  • Why Palace Place - Residences That Are Sublime
  • Why Palace Place - Forever View
  • Why Palace Place - Private Shuttle
  • Why Palace Place - Valet Parking
  • Why Palace Place

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.

Breaking News: Humber Bay Shores say goodbye to Sobeys and shopping at 125 The Queensway

An application is currently underway to redevelop the land that is now occupied by Sobeys, the LCBO, and Shoppers Drug Mart at 125 The Queensway into 7 condominium towers ranging in size from 47-storeys to 50-storeys or taller.

With Humber Bay Shores already oversaturated with condominium towers, these 7 new towers are certainly unwelcome news to our community. It is our view that if you are going to build something, build good, quality construction, not more, cheap shoebox condos.

We encourage residents to oppose more new construction, especially given that the 28-acre Mr. Christie’s Bakery site will have another 15 condo towers coming soon.

A virtual meeting has been scheduled to discuss the proposal on September 25, 2025, from 6:30 PM to 8:00 PM. Visit www.toronto.ca/CPconsultations for the registration link and instructions on how to join.

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.

Palace Place is on the cover of the August edition of Curb Appeal Magazine!

Curb Appeal Magazine – In Palace Place mailboxes today!

Palace Place has been featured as the cover story in the August issue of Curb Appeal Magazine.

This issue features great renovation advice on “Rethinking the Bathroom”.

If you would like a copy, please let us know.

If you would like a copy, contact Luke at: LDALINDA@DALINDA.NET

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.