The 2016 market had proved to be the best year ever for Palace Place!

Palace Place

I have written to proudly announce that, according to the Toronto Real Estate Board, I have again been the #1 top selling realtor for Palace Place for 2016.

The 2015 average price per square foot for Palace Place had been $433 per square foot. During this time, the highest prices that had been achieved to date were $516 per square foot and $537 per square foot.

The 2016 market had proved to be the best year ever for Palace Place! We had seen many bidding wars. In October, 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.

Better Exposure. Better Results.

To achieve this record price, I had implemented an international marketing plan to showcase Palace Place to the world using my exclusive partnerships, and it had worked! Buyers from Kuwait and Shanghai took immediate notice.

This achievement had allowed for a subsequent sale to achieve $831 per square foot!

These two records have significantly raised the average price per square foot at Palace Place, and they have set the stage for an incredible 2017!

Achieve your goals, and get the deal done!

Luke Dalinda’s 2016 Sales

Suite 4001* HISTORIC RECORD PRICE
Suite 1009**** Record Price
Suite 402* Record Price
Suite 3102* Record Price
Suite 2906* Record Price
Suite 2712* Record Price
Suite 2910* Record Price
Suite 4307* Record Price
Suite 1702** Leased
Suite 4309* Record Lease Price
*Seller Rep., **Buyer Rep., ****Seller & Buyer Rep.

As always, I am honored to be considered for your real estate needs, and I work very hard to earn the right to represent you. Read what my clients have said!

To position your suite for the best return in 2017, please contact me for a short, confidential meeting.

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

 

Breaking News! Just Sold: Palace Place, 1 Palace Pier Court, Suite 1009

Palace Place 1009 view

palace place 1009

Palace Place

I have written to proudly announce that I have sold yet another residence at Palace Place by having just sold Suite 1009 for $612,000 by having represented the seller and buyer.

While 09 suites have been selling for between $655,000 and $685,000, Suite 1009 has sold to a buyer who will completely renovate it.

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Luke Dalinda, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

BREAKING NEWS: Palace Place achieves $700 per square foot!

Palace Place Suite 4001 Sold

Palace Place Special Announcement: Luke Dalinda achieves a historic $700 per square foot for Palace Place.

I have written to proudly announce that I have set a historic record price at Palace Place by having just sold Suite 4001 for $1,980,000, or $700 per square foot, by having represented the seller.

The 2015 average price per square foot for Palace Place had been $433 per square foot. Prior to this sale, the highest prices that had been achieved to date were $516 per square foot and $537 per square foot.

To achieve this record price, I had implemented an international marketing plan to showcase Palace Place to the world using my exclusive partnerships, and it had worked! Buyers from Kuwait and Shanghai took immediate notice.

Where else in Toronto can you get such fit and finish, such a spacious size, and such an enchanting view?

Palace Place Suite 4001 Night

This by far is a 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 $700 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.

BREAKING NEWS! Just Sold: Palace Place, 1 Palace Pier Court, Suite 402 – All-time record price!

Palace Place Suite 402 Sold

Special Announcement: Palace Place, 1 Palace Pier Court, Suite 402 sold for $593,000!

I have written to proudly announce that I have set yet another record price at Palace Place by having just sold Suite 402 for $593,000, or $493 per square foot, by having represented the seller.

This is a great accomplishment for the 02 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

There is very little inventory at Palace Place, and many buyers are looking to purchase in Toronto’s most luxurious waterfront condominium residence. In fact, there are still several buyers looking for similar suites, so call me today if you would like to build upon this new record price.

Buyers take note! In the condo world, newer is not better!

Do the math! This sale price of $493 per square foot is a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Palace Place: The Dalinda Report, Palace Place edition, is out now! Special information for Landlords!

Palace Place Report Sepetember 2016

Palace Place

The new issue of The Dalinda Report has just been posted!

Highlights:

  • Luke Dalinda lists Suite 4001 for $2.15M!
  • Critical information for landlords at Palace Place!

CLICK HERE TO DOWNLOAD

CLICK HERE TO DOWNLOAD PDF VERSION

The 2015 average price per square foot for Palace Place had been $433 per square foot. The highest prices that have been achieved to date are $516 per square foot and $537 per square foot.

Palace Place has long been undervalued. To me, this is unacceptable. To combat this, I have just listed Suite 4001 for $2,150,000. This represents only $758 per square foot for one of the best suites in the building and one of the best views in Toronto. It also addresses the magnificent renovations that have been done throughout this suite.

When local shoebox condominiums are being sold for up to $700 to $1,000 per square foot, I trust you will begin to appreciate the frustration.

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!

I am going to go gangbusters to try to set this new record, and I am more than qualified to do it. In 2012, I had set our historic record price of $515 per square foot when the building had been selling at that time for $371 per square foot. We have since seen our prices rise steadily, but they are still far from where they should be. I have been setting record prices at Palace Place since my first listing in 1997.

Palace Place: LANDLORDS MUST READ!

Landlords, did you know that because of the year Palace Place was completed, Palace Place qualifies for an exemption to the Residential Tenancies Act?

What this means is that Palace Place is EXEMPT from the guideline governing yearly rent increases.

So, while other buildings must follow this year’s guideline of 2% for 2016, Palace Place landlords can increase their rent by whatever amount they choose, provided that they follow all other requirements as set out in the Act.

If you would like more information, please contact me!

As the longest serving realtor at Palace Place and a fellow owner, I am highly motivated to achieve record prices. My experience and guidance will position your suite for top dollar. My marketing will offer you better exposure and better results. Please give me a call.

TESTIMONIAL

March 2, 2016

Dear Luke,

You have represented our last two real estate transactions.
In both cases, the results passed the expectations. Both times we got new record high price for our unit. Everything happened quickly, without pain and stress. We are impressed with your professionalism and communication throughout the whole process.
We have complete confidence in you. It was a great pleasure working with you.
Thank you again!

All the best,
Alina and Richard Mielnik

Palace Place

Luke Dalinda sets Historic Record Price at Palace Pier!

palace pierPalace Pier Suite 806 Sold

Special Announcement: Palace Pier, 2045 Lake Shore Boulevard West, Suite 806 sold for $750,500!

I have written to proudly announce that I have set a historic record price at Palace Pier by having just sold Suite 806 for $750,500, or $483 per square foot, by having represented the seller.

This is a great accomplishment for Palace Pier. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Want to set the next record price? Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Palace Place: The Dalinda Report, Palace Place edition, is out now!

palace place august 2016

Palace Place

The new issue of The Dalinda Report has just been posted!

Highlights:

  • Demand for Palace Place heats up, but be careful what you list for!
  • Palace Place is getting the highest rent prices in Humber Bay Shores!

CLICK HERE TO DOWNLOAD

CLICK HERE TO DOWNLOAD PDF VERSION

Where is the market?
To date in 2016, there had been 372 sales of condominium units that had been sold for under $450,000 in the Humber Bay Shores area.

During this time, there had only been 140 sales of condominium units that had been sold for above the $450,000 price point. Of that amount, there had only been 41 sales of condominium units that had been sold for between $500,000 and $600,000. Of those, only 3 sales were from Palace Place, 4 sales were from Palace Pier, 2 sales were from Newport Beach, and 1 sale was from Ocean Club.

Finally, since January 2016, there had only been 43 sales of condominium units that had been sold for above $700,000. Of those, 4 sales were from Palace Place, 4 sales were from Palace Pier, 1 sale was from Newport Beach, and 3 sales were from Ocean Club.

Palace Place

Palace Place had continued to experience low inventory, which had resulted in continued bidding wars for several suites. Total sales had decreased from 15 sales in the first eight months of 2015 to 13 sales in the first eight months of 2016.

The record sales during this time were my sales of Suite 2906 for $930,000, Suite 2910 for $547,000, and Suite 3102 for $585,000.

There is a lot of demand for Palace Place right now, so if you would like to set the next record price, please give me a call.

Use a Realtor that knows and cares!

Unfortunately, we are still seeing owners list their suites without any proper education to the market value. Recently, a 1,388 square foot suite was listed for $459,000. The realtor had advertised the square footage incorrectly as 1,279 square feet. Worse, the last sale was $565,000 and current listings were asking $689,000. The property was listed on a summer long-weekend before the market could take note, as multiple offers would have driven the price to its true value.

I see costly mistakes such as these far too often.

As the longest serving realtor at Palace Place and a fellow owner, I am highly motivated to achieve record prices. My experience and guidance will position your suite for top dollar. My marketing will offer you better exposure and better results.

TESTIMONIAL

October 7, 2015

Dear Luke:

Jose and I would like to thank you for all your work on selling our unit. In several occasions we bought and sold properties dealing with different real estate professionals and we have never experienced such dedication to marketing and presenting a unit. After the sell was agreed, all the paper work was done impeccable and incredibly fast.
Your advise and marketing techniques are world class. Thanks again Luke, we will recommend you to anyone that needs an excellent realtor.

All the best,
Malena and Jose Paradela

Palace Place

JUST SOLD: Palace Place, Suite 3102 – Record Price!

Palace Place Suite 2302 Knight

Palace Place Suite 3102 Sold

Special Announcement: Palace Place, 1 Palace Pier Court, Suite 3102 sold for $585,000!

I have written to proudly announce that I have set yet another record price at Palace Place by having just sold Suite 3102 for $585,000, or $493 per square foot, by having represented the seller.

This is a great accomplishment for standard 02 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note! In the condo world, newer is not better!

Do the math! This sale price of $493 per square foot is a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

BREAKING NEWS: Just Sold, Palace Place, Suite 2906 for the all-time record price of $930,000!

palace place suite 2906 sold

palace place suite 2906

Palace Place

Special Announcement: Palace Place, 1 Palace Pier Court, Suite 2906 has sold for the all-time record price of $930,000!

I have written to proudly announce that I have set yet another all-time record price at Palace Place by having just sold Suite 2906 for $930,000 by having represented the seller.

Last year, I had established price records from $850,000 to $880,000, which had served as a great foundation to build to this new record sale.

There is very little inventory at Palace Place, and many buyers are looking to purchase in Toronto’s most luxurious waterfront condominium residence. In fact, there are still several buyers looking for similar suites, so call me today if you would like to build upon this new record price.

This is a great accomplishment for 06 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note!

Do the math! This sale price of $458 per square foot is truly a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

JUST SOLD, Palace Place, Suite 2712

palace place Sold Card - PP 2712

I have written to proudly announce that I have sold yet another residence at Palace Place by having just sold Suite 2712 by having represented the seller.

While 12 suites have been selling for between $350,000 and $370,000, Suite 2712 had a lease that needed to be assumed, expiring in 2019.

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

BREAKING NEWS: Just Sold, Palace Place, Suite 2910 for $20,000 over asking!

palace place 2910

Palace Place

Special Announcement: Palace Place, 1 Palace Pier Court, Suite 2910 sold for $547,000 ($20,000 above the $527,000 list price)!

I have written to proudly announce that I have set yet another multiple offer bid and record price at Palace Place by having just sold Suite 2910 for $547,000 by having represented the seller.

Last year, the 10 suites were selling for around $460,000, despite my having set record prices the year prior for well over the $500,000 mark.

There is very little inventory at Palace Place and many buyers looking to purchase in Toronto’s most luxurious waterfront condominium residence.

This is a great accomplishment for 10 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note!

Do the math! This sale price of $392 per square foot is truly a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

JUST LISTED! Palace Place, 1 Palace Pier Court, Suite 2906 – For sale at $930,000

palace place suite 2906

palace place suite 2906 kitchenpalace place suite 2906 solarium

palace place suite 2906 floor plan

Palace Place, 1 Palace Pier Court, Suite 2906 – For sale at $930,000

Breathtaking is the word that best describes Palace Place, which is the most prestigious and luxurious waterfront condominium residence in Toronto. Suite 2906 is a magnificent, totally renovated condominium residence, with approximately 2,028 square feet of living space and enchanting views of Lake Ontario, the city, and the Humber Bay Shores parkland. Click for flyer. Call or send an email now to Luke.

Luke Dalinda, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

Palace Place: The Dalinda Report, Humber Bay Shores edition, is out now!

Palace Place March 2016

Palace Place Toronto

The new issue of The Dalinda Report has just been posted!

Highlights:

  • Market update for Palace Place, Waterford, Ocean Club, Grenadier Landing, Nautilus, Marina Del Rey, and Newport Beach.
  • Bidding Wars continue at Palace Place with 2 record price sales.
  • Palace Place is getting the highest rent prices in Humber Bay Shores!
  • elevate, Palace Place, with Ramsin Khachi, was a huge success!

CLICK HERE TO DOWNLOAD

CLICK HERE TO DOWNLOAD PDF VERSION

Where is the market?

In the first quarter of 2016, there had been 78 sales of condominium units that had been sold for under $450,000 in the Humber Bay Shores area.

During this time, there had only been 27 sales of condominium units that had been sold for above the $450,000 price point. Of that amount, there had only been 7 sales of condominium units that had been sold for between $500,000 and $600,000. Of those, only 1 sale was from Palace Pier and 1 sale was from Ocean Club.

Finally, since January 2016, there had only been 9 sales of condominium units that had been sold for above $700,000. Of those, only 1 sale was from Palace Place, 1 sale was from Newport Beach, and 1 sale was from Marina Del Rey.

Condo Spotlight

Palace Place had experienced low inventory in the first quarter of 2016, which had resulted in intense bidding wars for the 2 sales that had occurred during this period. With its 2015 average price at only $433 per square foot and on the rise, these multiple offers had come from astute buyers, who had recognized the tremendous value in the quality construction, large spaces, and numerous amenities and services that Palace Place offers.

Newport Beach had achieved 4 sales during this first quarter highlighting the demand for functional floor plans and recognizing the value in good building management.

There were 5 sales at the Waterford Towers, but no sales and no new listings from Waterford (2095) where there continues to be a strong demand for large high-end suites.

TESTIMONIAL

June 1, 2015

Dear Luke,

The prospect of selling one’s home is a daunting one. So much history and so many memories are inevitably involved.

Thank you for making this process as smooth as it could possibly be. Your professionalism, expertise and bountiful good humour have actually made the experience enjoyable.

The fact that you were able to sell my condominium in one day for a record price speaks volumes.

Many, many thanks for a job thoroughly well done!

Best,

Nan Ruhnke

Palace Place Toronto

Bidding Wars continue at Palace Place! Palace Place, Suite 4307: JUST SOLD for a Record Price!

palace place suite 4307

palace place SoldCard4307

Palace Place

Special Announcement: Palace Place, 1 Palace Pier Court, Suite 4307 sold for $330,000!

I have written to proudly announce that I have set yet another multiple offer bid at Palace Place by having just sold Suite 4307 for $330,000 by having represented the seller.

The condominium market at Palace Place is off to an amazing start. There is very little inventory and many buyers looking to purchase in Toronto’s most luxurious waterfront condominium residence.

This is a great accomplishment for 07 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note!

Do the math! This sale price of $396 per square foot is truly a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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, and million dollar views that you cannot find in new buildings today!

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Palace Place, Suite 4309: Just Leased for the RECORD PRICE of $3,000 per month!

palace place Sold Card - PP 4309Leased

Palace Place

I have written to announce that I have set yet another all-time record price at Palace Place by having just leased Suite 4309 for $3,000 per month.

With the most breathtaking views in Toronto, unrivalled construction, space to actually live in, and a private shuttle to Union Station, Palace Place is the ultimate place to call home for Toronto professionals.

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Palace Place got Elevated!

The Palace Place Elevate seminar was a huge success!

PalacePlaceElevateCrowd

palace place elevate audience

The room was filled to the max on Thursday night, as Luke Dalinda had presented the Elevate seminar, with Benjamin Moore and Ramsin Khachi.

For a recap of the event, watch the following video below (click to play) and follow the new Elevate Seminar link on this website.

We have some swag bags left. If you would like one, send an email to Luke now! LDALINDA@DALINDA.NET

Palace Place RamsinInt

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

 

Palace Place: The Dalinda Report, Humber Bay Shores edition, is out now!

palace place 01a - Dalinda Report (Jan 16)sm

Palace Place Toronto

The new issue of The Dalinda Report has just been posted!

Highlights:

  • Annual report for Palace Place, Waterford, Grand Harbour, Grenadier Landing, Nautilus, Marina Del Rey, and Newport Beach.
  • Get ready for elevate, Palace Place, with Ramsin Khachi!

CLICK HERE TO DOWNLOAD

Where is the market?

In 2015, there had been 458 sales of condominium units that had been sold for under $450,000 in the Humber Bay Shores area.

During this time, there had only been 173 sales of condominium units that had been sold for above the $450,000 price point. Of that amount, there had only been 50 sales of condominium units that had been sold for between $500,000 and $600,000. Of those, only 4 sales were from Palace Place, 2 were from Waterford, 3 were from Newport Beach, 3 were from Marina Del Rey, and 4 were from Grand Harbour.

Finally, since January 2015, there had only been 42 sales of condominium units that had been sold for above $700,000. Of those, only 5 sales were from Palace Place, 6 were from Waterford, 9 were from Palace Pier, and 5 were from Marina Del Rey. Newport Beach and Grand Harbour, with the exception of 2 townhouses, had no sales in this range, and the balance was from Waterview and Waterscapes.

TESTIMONIAL

June 4, 2015

Luke, because of your efforts we sold our late mothers condo at a record high price and well above what the other agents, that we considered, were even willing to list it for. We didn’t choose you just because you offered to list at the highest price, rather we chose you because you had a specific strategy and plan to overcome those price perceptions and barriers. And you did it – highest price and in less than 30 days. We were also impressed with how you cultivated the interested buyers and agents and negotiated. Great marketing, great negotiation you earned your commission — Thank you Luke

Chris, Grant, and Jeff Henderson
Marina Del Rey

This report article has been written by Luke Dalinda.
All statistics have been provided by the Toronto Real Estate Board, Royal LePage, and The Dalinda Report.
TM © The Dalinda Report. All rights reserved.
The information that has been written herein has been obtained from sources that have been deemed reliable. There has been no reason to doubt its accuracy, but, regretfully, it cannot be guaranteed.

Palace Place Toronto

JUST SOLD! Palace Place, Suite 2007!

Sold Card - PP 2007I have written to proudly announce that I have sold yet another residence at Palace Place by having just sold Suite 2007 by having represented the buyer and the seller.

Palace Place HAT TRICK! Bidding Wars continue!

Palace Place Suite 2306 SoldSpecial Announcement: 1 Palace Pier Court, Suite 2306 sold for $850,000!

I have written to proudly announce that I have set yet another multiple offer bid at Palace Place by having just sold Suite 2306 for $850,000 by having represented the sellers.

This sale represents my third listing in a row to achieve a bidding war at Palace Place.

Do you want to set the next record? Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

The Dalinda Palace Place Report, September 2015, is out!

palace place report september 2015

The new issue of The Dalinda Report has just been posted!

Highlights:

  • Suite 1205 had sold for the record price of $560,000, or $456 per square foot.
  • Suite 1612 had sold for $355,000.
  • Suite 906 had sold for the record price of $880,000.
  • Suite 2306 is for sale at $869,000.
  • Suite 2007 is for sale at $339,000.

CLICK HERE TO DOWNLOAD

PALACE PLACE

Palace Place had experienced a strong period from June 1, 2015 to September 4, 2015, as total sales had increased marginally from 9 sales in 2014 to 10 sales in 2015.

This summer saw the return of bidding wars and great record prices at Palace Place.

I had sold Suite 1205 for $560,000, or $456 per square foot, by having represented the seller. I had sold Suite 1612 for $355,000 by having represented the buyers and sellers. I had sold Suite 906 for $880,000 by having represented the seller.

To find out how you can attract a bidding war for your suite too, please call me (416) 725-7170.

From January 1, 2015 to September 4, 2015, the average price per square foot for Palace Place had been $425, which had been up from $405 in 2014, and a dramatic rise of 14.5% from $371 in 2012 (2012 had marked the beginning of major improvements at Palace Place).

Where is the market?

So far this year, there had been 322 sales of condominium units that had been sold for under $450,000 in the Humber Bay Shores area.

During this time, there had only been 121 sales of condominium units that had been sold for above the $450,000 price point. Of that amount, there had only been 37 sales of condominium units that had been sold for between $500,000 and $600,000. Of those, only 4 sales were from Palace Place.

Finally, since January 2015, there had only been 28 sales of condominium units that had been sold for above $700,000. Of those, only 5 sales were from Palace Place.

To continue to elevate our price per square foot, we must be sure to do everything possible to make our suites presentable. Palace Place has been long known for its luxury standard, but we need to ensure that our suites live up to that standard too!

It is for this reason that I am now offering clients free staging consultation and basic suite repair services as an addition to my already extensive list of listing service offerings.

As an owner at Palace Place and the longest serving realtor, I am highly motivated to achieve record prices. I am on-site and on-call 24/7. I am the only Palace Place realtor that has been recognized as one of the top advertisers in The Toronto Star, and I have advertised the most in The Globe & Mail. Add my website, homes and condos newsletters, Google, and other strategic initiatives, and you will quickly discover why I get the deal done!

Dollar for dollar, I offer the most marketing services for the least commission. Give me a call, or send me an email, for a confidential consultation at no charge or obligation.

As always, I am honored to be considered for your real estate needs. Thank you for your time.

TESTIMONIAL

May 29, 2015

Luke is a dedicated professional agent whose Palace Place/Humber Shore knowledge and insights have surpassed all of our expectations. Furthermore, he is a joy to work with!

Luke has helped us both lease and sell our beloved apartment.

When we requested he put together a marketing strategy for the sale of our property, he delighted us by scoring the first ever Palace Place “Condo of the Week” award in the Toronto Life publication.

His insights on the building and the neighboring buildings are something that he has achieved through years of hard work and from residing in the building, which I believe distinguishes him from other agents in the area.

We always found Luke to be honest, and sage in his recommendations.

There is truly no reason to consider anyone else while searching for a real estate agent to represent you in the Humber shores area.

Jill Richardson

This report article has been written by Luke Dalinda.
All statistics have been provided by the Toronto Real Estate Board, Royal LePage, and The Dalinda Report.
TM © The Dalinda Report. All rights reserved.
The information that has been written herein has been obtained from sources that have been deemed reliable. There has been no reason to doubt its accuracy, but, regretfully, it cannot be guaranteed.

Palace Place Toronto

Yet another round of Multiple Offers for Palace Place! Just Sold: 1 Palace Pier Court, Suite 1612 for $355,000

palace place 1612 soldSpecial Announcement: 1 Palace Pier Court, Suite 1612 sold for $355,000!

I have written to proudly announce that I have set yet another multiple offer bid at Palace Place by having just sold Suite 1612 for $355,000 by having represented the buyers and sellers.

Having set the record price for 12 suites earlier this year at $370,000, this sale helps solidify a new standard for one of Palace Place’s most sought-after 1-bedroom suites. This suite was sold in a multiple offer situation over what is typically a lazy August long weekend, a clear indicator of the tremendous opportunity that Palace Place offers condominium buyers.

This is a great accomplishment for 12 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note!

Do the math! This sale price of $436 per square foot is a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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 and magnificent floor plans that you cannot find in new buildings today!

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

Multiple Offers have returned to Palace Place! Just Sold: 1 Palace Pier Court, Suite 1205 for $560,000!

palace place Sold Card - PP 12053C0A7049Special Announcement: 1 Palace Pier Court, Suite 1205 sold for $560,000!

(Sold for over asking!)

I have written to proudly announce that I have set yet another record price at Palace Place by having just sold Suite 1205 for $560,000, or $456 per square foot, by having represented the seller.

This sale represents the highest price ever paid for a low-floor 05 suite! This suite was sold in a multiple offer situation in 1-day, a clear indicator of the tremendous opportunity that Palace Place offers condominium buyers.

This is a great accomplishment for low-rise 05 suites at Palace Place. It clearly demonstrates the value of a realtor who knows his product, has key connections, and can walk his talk.

Buyers take note!

Do the math! This sale price of $456 per square foot is a bargain when new, inferior construction is charging $700 to $1,000 per square foot. 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 and magnificent floor plans that you cannot find in new buildings today!

Come see what Palace Place has to offer! Call Luke Dalinda today!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

JUST SOLD: Palace Place, Suite 906 for the RECORD PRICE of $880,000! Toronto Life Condo of the Week!

palace place Sold Card - PP 906toronto-life-logo-2010IMG_7648Palace Place Suite 906Palace Place Suite 906Special Announcement: 1 Palace Pier Court, Suite 906 sold for $880,000!

I have written to proudly announce that I have set yet another record price at Palace Place by having just sold Suite 906 for $880,000 by having represented the seller.

A while back, Toronto Life had awarded Palace Place the prestigious Condo of the Week title for Suite 906.

See the article here.

This is a great accomplishment for low-rise 06 suites at Palace Place, which offer magical water views and lots of space.

Achieve your goals, and get the deal done!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170

 

The Dalinda Palace Place Report, May 2015, is out!

palace place report may 2015The new issue of The Dalinda Report has just been posted!

Highlights:

  • Suite 2302 had sold for the record price of $585,000, or $486 per square foot.
  • Suite 3408 had sold for the record price of $490,000.
  • Suite 2306, totally renovated, is for sale at $899,000.
  • Suite 402, featuring a modified floor plan and 2nd shower, is for sale at $589,000.

CLICK HERE TO DOWNLOAD

Palace Place

Palace Place had experienced a strong first four months of 2015. Total sales had decreased from 11 sales in the first four months of 2014 to 10 sales in the first four months of 2015.

The record sales during this time were my sales of Suite 2302 for $585,000, which is $486 per square foot, and Suite 3408 for $490,000.

The average price per square foot for Palace Place for 2014 had been $405, which had been up from $399 in 2013, a dramatic rise from $371 in 2012.

The highest price per square foot that has been achieved for Palace Place remains my personal record at $515 per square foot.

Recently, I was touring Palace Place with a twenty-something Bay Street investment banker. Being 37, I can say that this was one of the first times that I felt old.

Having shown Palace Place more than any other realtor, this tour was an eye-opening experience into what this young, hip demographic looks for in a condo.

What I had quickly discovered was a lack of tolerance for suites that did not make a presentation effort.

We see it repeatedly in the home improvement TV shows. It takes a lot of effort to ready your home for sale. By not putting in that effort, or expecting buyers to have vision to see beyond, you only jeopardize your sale.

In this case, the suites that clearly did not make the effort were even more quickly dismissed.

To elevate our price per square foot, we must be sure to do everything possible to make our suites presentable. Palace Place has been long known for its luxury standard, but we need to ensure that our suites live up to that standard too!

It is for this reason that I am now offering clients free staging consultation and basic suite repair services as an addition to my already extensive list of listing service offerings.

As an owner at Palace Place and the longest serving realtor, I am highly motivated to achieve record prices. I am on-site and on-call 24/7. I am the only Palace Place realtor that has been recognized as one of the top advertisers in The Toronto Star, and I have advertised the most in The Globe & Mail. Add my website, homes and condos newsletters, Google, and other strategic initiatives, and you will quickly discover why I get the deal done!

Dollar for dollar, I offer the most marketing services for the least commission. Give me a call, or send me an email, for a confidential consultation at no charge or obligation.

As always, I am honored to be considered for your real estate needs. Thank you for your time.

TESTIMONIAL

February 23, 2015

Luke,

You are ‘the man’ when it comes to selling units in the Palace Place! Your encyclopedic knowledge of the building and prices is invaluable. You are a great cheerleader who helps others recognize the enormous value in our property. You gave us great advice with regard to staging and pricing our condo. And you also made sure every potential purchaser saw how much the Palace Place has to offer. We were so pleased that you used your connections in the real estate community allowing you to achieve a record price for our unit in fewer than 7 days of showing.

Your connections, an excellent brochure, and great online package brought us three offers in a very short time, which ensured that we were able to pick the price, conditions, and closing date we wanted. We can’t thank you enough, and we encourage others to seek out your assistance.

Dr. Glenn Zederayko and Ms. Claire Foley

This report article has been written by Luke Dalinda.
All statistics have been provided by the Toronto Real Estate Board, Royal LePage, and The Dalinda Report.
TM © The Dalinda Report. All rights reserved.
The information that has been written herein has been obtained from sources that have been deemed reliable. There has been no reason to doubt its accuracy, but, regretfully, it cannot be guaranteed.

Palace Place Toronto

JUST SOLD: Marina Del Rey, Phase 3, Suite 2504 for the RECORD PRICE of $650,000!

Screen Shot 2015-04-30 at 2.50.52 PMMarina Del ReySpecial Announcement: 2269 Lake Shore B W, Suite 2504 sold for $650,000!

I have written to proudly announce that I have set a new record price at Marina Del Rey by having just sold Suite 2504 in Phase 3 for $650,000, or $460 per square foot, by having represented the seller.

This sets a new standard for Marina Del Rey and supports the prices of larger condos in Humber Bay Shores.

While still a significant new record, this sale price of $460 per square foot is a bargain when new construction is charging $700 to $1,000 per square foot.

Achieve your goals, and get the deal done!

E: LDALINDA@DALINDA.NET • TEL: 416-725-7170