Palace Place, 1 Palace Pier Court, Suite 3302 – Just Sold for $1,020,000 (Represented Seller)
In these times of market uncertainty, it takes experience to get the deal done.
Luke Dalinda has over 27-years of experience selling at Palace Place. Let him be your guide.
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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 3608 – $4,250
A very rare opportunity for a discerning, qualified individual seeking space, sophistication, and refinement. Suite 3608 is a just renovated, awe-inspiring condominium residence, with 1,201 square feet of luxury living space, 2-bedrooms, and stunning helicopter views of Humber Bay Shores. This spectacular residence has been completely renovated using the finest materials, refined finishes, one-of-a-kind details, and quality craftsmanship that have been beautifully combined to stir all the senses.
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.
Palace Place, 1 Palace Pier Court, Suite 809 – $1,300,000
Suite 809 is a highly sought-after, newly renovated condominium residence, with approximately 1,388 square feet of living space, 2-bedrooms, 2-full baths, and breathtaking views of Lake Ontario, the Humber Bay Shores parkland, the Humber River, and Swansea village.
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.
Palace Place, 1 Palace Pier Court, Suite 4010 – $1,199,000
Suite 4010 is a magnificent, renovated condominium residence, with approximately 1,395 square feet of living space, 2-bedrooms (both with windows), 2 full baths, and enchanting views of the lake, Humber River, High Park, and much more! This suite features beautiful floors throughout.
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.
Palace Place, 1 Palace Pier Court, Suite 3302 – $999,000
Suite 3302 is a highly coveted, spacious condominium residence, with approximately 1,186 square feet of luxury living space, 2-bedrooms, and helicopter views of the lake, the city skyline, and High Park.
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.
While this drop is minor, it more importantly signals an end to the high rate uncertainty that had been experienced since the Bank of Canada began raising rates in March 2022. Buyers should take great comfort in this announcement.
This news bodes very well for Palace Place going forward and demonstrates that the time to buy is now as prices should increase as activity increases.
UPDATE:
In response, the banks have already followed with 5-year mortgage rates as low as 4.89%.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The Toronto real estate market in 2024 has proven most challenging for key segments, such as homes in the $2M to $4M range and condos above the $1M mark. Many buyers have been waiting for reduced mortgage rates that for the market are well overdue now.
In their April 10 decision not to lower rates, the Bank of Canada had stated, “We are seeing what we need to see, but we need to see it for longer”.
This decision put a freeze on the spring real estate market, which is traditionally the busiest time of the year.
It has long been forecast that the first rate reduction would only be a drop of 0.25%. Many have argued that such a drop would be insignificant.
However, it is not about the amount of the rate drop but the signalling of the end of this high rate uncertainty.
That is what is needed to start the cycle of buying again in many slow markets, like condos.
What will happen on June 5?
In a May 30 report by The Globe and Mail, a poll had shown that 75% of some of the top economists have predicted a June 5 cut in the key interest rate by 25 basis points to 4.75%. Here is a link to that report.
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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.
From Ph.D. Design and Kingsway Village Custom Homes comes 43 Kingsway Crescent, a brand new, European-inspired 3-storey, 7,101 total square foot, 4+1-bedroom, 7-bath trophy luxury residence that offers an enchanting backyard, with an award winning salt water Solda Pool, with waterfalls, nestled over the Humber River and its parklands on a massive 74 x 213 foot ravine lot in prestigious Kingsway. Impeccable design, the finest aesthetics, and its Beaux Arts detailing are hallmarks of this masterpiece residence.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
NEW LISTING: Palace Place, 1 Palace Pier Court, Suite 3501 – $2,999,000
Modern living and classical elegance captivatingly merged without compromise.
Suite 3501 is a newly renovated, lavish, and palatial condominium residence, with approximately 2,836 square feet of luxury living space, 3-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.
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.
With the release of the new Palace Place Budget, Crossbridge Condominium Services, which now manages over 800 condos in Ontario, has taken the time to comment on the success at Palace Place.
“Any one of the projects that Palace Place has undertaken in the last year, any corporation would be proud to say they were successful in that, but when you start stacking all of these projects that you’ve undertaken over the past year on top of each other it is, I think, certainly from my seat looking at over 800 condominium corporations, it’s unprecedented.
And I’ll say that again, it’s unprecedented. The leadership that you have, the community that supports you is, by far, I think one of the most engaged and one of the most successful that I’ve seen from where I sit, and I wanted to share that with everyone and I wanted to congratulate the board, the staff, and certainly the management team that we’ve put in place there on so many successes. It is, again I use that word and I don’t use it very often, unprecedented.”
Crossbridge Condominium Services Ltd., the biggest property management firm in Canada, with a portfolio of now over 800 condos.
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.
Palace Place, 1 Palace Pier Court, Suite 809 – $1,399,000
Suite 809 is a highly sought-after, newly renovated condominium residence, with approximately 1,388 square feet of living space, 2-bedrooms, 2-full baths, and breathtaking views of Lake Ontario, the Humber Bay Shores parkland, the Humber River, and Swansea village.
Contact Luke Dalinda now for your exclusive opportunity to tour this masterpiece!
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.
