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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Welcome to Palace Place, 1 Palace Pier Court, Suite 3501 – $3,488,000
The largest 5-star sky mansion in Humber Bay Shores! Suite 3501 is a lavish, palatial condominium residence, with approximately 4,022 square feet of luxury living space, 3+1-bedrooms, and the most enchanting views of the lake, the city skyline, and High Park. This spectacular residence has been thoughtfully built using the finest materials, refined finishes, one-of-a-kind details, and quality craftsmanship that have been beautifully combined to create timeless appeal.
A seamless merger of two of the best suites at Palace Place!
Contact Luke Dalinda now for your exclusive opportunity to tour this masterpiece!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
(Plus the numbers that the Toronto Real Estate Board does not share with the media)
TORONTO, Palace Place – May 3, 2023
April 2023
The month of April had marked a gradual improvement for Toronto’s real estate resale market, which had resulted in decreased sales, as the Toronto Real Estate Board had reported 7,531 sales of single-family dwellings in April 2023.
Total sales were down by 5.2% from the 7,940 sales that had been recorded in April 2022, and total sales had increased by 9.2% from the 6,896 sales that had been recorded in March 2023.
The April average price had increased by 4.02%.
The average price in April 2023 had decreased by 7.8% to $1,153,269 from $1,250,704 in April 2022. The April 2023 average price had increased by 4.02% from the March 2023 average price of $1,108,606.
Looking just at the City of Toronto for April 2023, the average price for a detached home had been $1,787,752, which had decreased by 8.2% from $1,947,975 in April 2022. The average price for a condominium apartment had totalled $751,916 in April 2023, which had decreased by 8.3% from $820,835 April 2022.
Active listings had decreased year over year.
The number of active listings in April 2023 had increased by 2.5% to 10,373 from the 10,120 active listings in March 2023 and had decreased by 20.8% from the 13,092 active listings in April 2022.
The Humber Bay Shores average price had totalled $778,224.
Condominium apartment sales in the W06 west district that represents Humber Bay Shores had decreased to 54 sales in April 2023 from 73 sales in March 2023. The average condominium price in this district had totalled $778,224 in April 2023, which had increased by 3.5% from $751,935 in March 2023.
Where is the market?
To date in 2023, there had been 153 sales of condominium units that had been soldfor under $750,000 in the Humber Bay Shores area.
During this time, there had been 93 sales of condominium units that had been sold for above the $750,000 price point. Of that amount, there had been 63 sales of condominium units that had been sold for between $750,000 and $1,000,000. Of those, 1 sale was from Palace Place, 1 was from Palace Pier, and 2 were from Waterford.
So far, there had been 24 sales of condominium units that had been sold for between $1,000,000 and $1,500,000. Of those, 5 sales were from Grand Harbour and 3 were from Marina Del Rey.
Finally, 6 sales were sold for over $1.5M. Of those, 2 sales were from Grand Harbour, 1 sale was from Marina Del Rey, and 1 sale was from Ocean Club.
Vita on the Lake, 70 Annie Craig Drive, which is the newest condo tower in Humber Bay Shores, had experienced 10 sales since January 1, 2023, with prices that had ranged from $899,000 to $1,495,000.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
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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 2109 – Just Leased for Full Ask! (Landlord & Tenant Representative)
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Consumer Protection and Fiscal Responsibility are hallmarks of the new Palace Place Budget.
I am really proud of this because my team and I work exceptionally hard to ensure that Palace Place remains the best managed condominium residence in Ontario.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The lack of inventory has created very high demand for Palace Place. Some listings in Humber Bay Shores have seen over 50 showings ending in multiple offers.
If you are considering a sale, now is the time!
Do not wait, as inventory increases then demand will level off.
Call me today to discuss setting the next Record Price!
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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.
Find out why we are the #1 Top Selling Realtors for Humber Bay Shores since 2017, as per TREB MLS data that had been analyzed by independent third party, RE Stats.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The vision is becoming a reality! A $3.8M fully-funded renovation is well underway at Toronto’s most luxurious waterfront condominium residence, Palace Place. We are all putting in many hours and endless late nights on this one.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
When looking to Buy, Sell, or Lease at Palace Place or in Humber Bay Shores, it all starts with that first Google search.
As the highest ranking results on Google for “Palace Place” and “Humber Bay Shores”, we offer better exposure and better results.
We do not pay for these results via Google’s ad words. We have achieved these results by having the best content and information, which has resulted in Google indexing us as an authority for the subject matter.
We offer so much more marketing power for less than what you would pay another realtor to put your listing on MLS only.
Other realtors cannot replicate these results because they are uninformed about the numerous features that set Palace Place and Humber Bay Shores apart from other buildings and areas. Also, their focus is everywhere else but here, so they want a fast sale so they can move on to other deals. Our skin in the game ensures you of the best results and outcome.
This is why when it comes to Palace Place and Humber Bay Shores, it pays to list with Luke Dalinda. Luke offers better service and better results (for less than what your cousin/brother/friend realtor charges).
Achieve your goals, and get the deal done!
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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
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
