Palace Place Special Announcement: Palace Place, 1 Palace Pier Court, Suite 4110 sold for $810,000 ($60,000 over asking)!
I have written to proudly announce that I have set another historic record price at Palace Place by having just sold Suite 4110 for $810,000, or $580 per square foot, by having represented the seller. This price was $60,000 over the asking price.
The last sale price for a 10 suite was $617,000 in January 2017.
While the southern water view suites command premiums of over $100,000, this sale price represents a record price for the north end of the building.
Earlier, 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. This achievement had allowed for a subsequent sale to achieve $831 per square foot!
Where else in Toronto can you get such fit and finish, such a spacious size, and such an enchanting view?
This is another 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 $580 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.
