The Best Views of the Air Show are from Palace Place
HAPPY AIR SHOW WEEKEND EVERYONE!
There is no better way to enjoy the Air Show than from the comfort of Palace Place.
This is the one weekend where instead of watching the boats go by, we watch the planes fly by. All the above photos are taken from, or of, Palace Place.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
After a decade of hard work and sacrifice at Palace Place, I am really honoured to have received this special recognition from Crossbridge, the largest property management company in Ontario, which manages over 400 condos.
As the flagship of the Crossbridge portfolio, Palace Place continues to set the bar in every category.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The Dalinda Team offers better exposure and better results:
Unrivalled, impact-driven marketing
Exclusive new Dual Layer Photography (TM) that shows the best of your unit and the magnificence of your view in a single photo
Renowned Toronto Life, high-end staging services
Our listings are among the highest-ranking search results for Google
Handyman services, including paint, plumbing, electrical, and cleaning
The Dalinda Team’s significant home business in Toronto West and Oakville offers exclusive crossover opportunities for our condo clients. Home sellers often become condo buyers.
All led by Luke Dalinda, who has serviced Humber Bay Shores since 1997, and who has led the flagship of the Crossbridge Condominium Portfolio of 400 condos for the last decade, offering incomparable insight and experience to condo corporation operations that ensure your interests are fully protected.
Simply listing on MLS is not enough, call to find out how we offer you more for less.
For all the latest news and market insight, call Luke Dalinda at anytime at
416-725-7170 (text and phone) or at LDALINDA@DALINDA.NET
Read about the Palace Place record price per square foot below.
Long red carpet between rope barriers on entrance.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
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 Place
Palace Pier
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.
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.
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.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The Dalinda Team has served Humber Bay Shores from the very beginning. This greater insight into construction, builder and municipal reasoning, and historical awareness, combined with our vast market knowledge give our clients an unrivalled edge in making the best real estate decisions and investments.
On this 28th Anniversary of the Humber River Bridge, we recognize the landmark that defines the Humber Bay Shores community.
Built at a cost of $4,050,000, this gateway connects Toronto to Etobicoke, which historically was once a trading route of Eastern Woodlands Indigenous peoples.
Since 2017, the Dalinda Team has served as the #1 Top Selling Realtors for Humber Bay Shores, as per TREB MLS data that had been analyzed by independent third party, RE Stats.
Re: Music in the video Music: Sphinx by Harry Thumann Harry Thumann had been a prolific German electronic composer, record producer, and sound engineer. Most notably, his 1982 song Sphinx would serve as the inspiration for the legendary Knight Rider theme song, together with the 1876 classic Léo Delibes’ “Procession of Bacchus” from the ballet Sylvia.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The average price and number of sales had actually increased over last month.
The Humber Bay Shores average price had increased by 3.2% over last year.
TORONTO – September 2, 2022
August 2022
The month of August had seen a small rally for Toronto’s real estate resale market from July, which had resulted in increased sales, as the Toronto Real Estate Board had reported 5,627 sales of single-family dwellings in August 2022.
Total sales had increased by 14.5% from the 4,912 sales that had been recorded in July 2022, and total sales were down by 34.2% from the 8,549 sales that had been recorded in August 2021.
The August average price had increased by 0.9%.
The average price in August 2022 had increased by 0.4% to $1,079,500 from $1,074,754 in July 2022. The August 2022 average price had increased by 0.9% from the August 2021 average price of $1,070,201.
Looking just at the City of Toronto, the average price for a detached home had been $1,648,298, while the average price for a condominium apartment had totaled $736,940.
Active listings had decreased by 13.2%.
The number of active listings in August 2022 had decreased by 13.2% to 13,305 from the 15,334 active listings in July 2022 and had increased by 62.3% from the 8,199 active listings in August 2021.
The Humber Bay Shores average price had totaled $743,707.
Condominium apartment sales in the W06 west district that represents Humber Bay Shores had decreased to 43 sales in August 2022 from 46 sales in July 2022. The average condominium price in this district had totaled $743,707 in August 2022, which had decreased by 11.3% from $750,257 in July 2022. The August 2022 average price of $743,707 had increased by 3.2% over the August 2021 average price of $720,707.
Where is the market in Humber Bay Shores?
To date in 2022, there had been 307 sales of condominium units that had been sold for under $750,000 in the Humber Bay Shores area.
During this time, there had been 312 sales of condominium units that had been sold for above the $750,000 price point. Of that amount, there had been 213 sales of condominium units that had been sold for between $750,000 and $1,000,000. Of those, 4 sales were from Palace Place, 3 were from Palace Pier, 3 were from Waterford, 7 were from Ocean Club, and 7 were from Lago.
So far, there had been 86 sales of condominium units that had been sold for between $1,000,000 and $1,500,000. Of those, 5 sales were from Palace Place, 4 were from Palace Pier, 1 was from Ocean Club, and 2 were from Lago.
Finally, 15 sales were sold for over $1.5M. Of those, 2 sales were from Palace Place, 2 sales were from Waterford, 2 were from Palace Pier, and 1 was from Lago.
Vita on the Lake, 70 Annie Craig Drive, had started selling in January and to date has had over 23 sales ranging from $599,000 to $1.6M.
To view the Original Palace Place Price Chart, click here:
It has been suggested that a further rate increase will be announced on September 7. While such an increase will certainly dampen market activity for the fall, other economic factors, like employment and immigration, remain strong. As we head into 2023, this should bode well for setting off a chain reaction of increased activity.
Those that price their condos in accordance with these market dynamics and in a reasonable price progression will have no trouble selling. Those that base their pricing outside of market justification will continue to build up their “Days on the Market”, which will only amplify the doom and gloom reported by the media.
By Luke Dalinda
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
