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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place, 1 Palace Pier Court, Suite 1605: 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 188 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.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
For the 9th consecutive year, Luke Dalinda has been the undisputed #1 Top Selling Realtor in Humber Bay Shores!
According to our third-party stats company, “Luke Dalinda is so far ahead of second place that there’s no question that he’s #1”.
In an industry flooded with gold, platinum, and diamond awards that nobody can tell apart, real market performance is the only trophy that truly matters. For almost a decade Luke Dalinda’s incredible clients have handed him this prized recognition every single year.
“I never take a day of it for granted. From the bottom of my heart, thank you for your trust, your referrals, and for letting me be part of your stories.”– Luke Dalinda
Here’s to the 10th year in 2026.
Planning a move in 2026? Let the #1 get it sold fast and for top dollar.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
While such a critical deal remains in limbo and uncertainty in the economy persists, the decision to hold rates signals that now is the time to buy. This news should bode well for market activity over the coming months if buyers recognize the opportunity rather than continuing to sit on the sidelines, as the next announcement could be an increase.
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 3.70%
The next scheduled date for announcing the overnight rate target is January 28, 2026.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
Palace Place, 1 Palace Pier Court, Suite 1203: 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.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
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.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
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.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
“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
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
“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:
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
“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
“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:
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven 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.
