The Dalinda Palace Place Report, Summer 2014, is out!

Palace Place DR June 2014_Backv2SMALL

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

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Palace Place had experienced a slow but solid period from January 1, 2014 to June 1, 2014, as total sales had increased from 10 sales in 2013 to 12 sales in 2014.

While sales are strong, it is critical to note that the record prices that had been experienced from 2010 to 2013 are not being achieved in 2014. This is best attributed to the increase in new inventory from condos like Nautilus, 16 Brookers Lane.

What buyers fail to consider when infatuated with these “new” condos are construction, window wall construction versus curtain wall construction, financial health of the condo corporation, special assessments, what the fees include, what are the fees per square foot in comparison, etcetera. The “new” factor of a condo is lost within 5-years. Buyers need to consider these facts carefully, but, unfortunately, they are given comparisons of all things being equal. As the saying goes, “you can only compare apples to apples.”

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.

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We do homes too!

Visit our homes site at: http://homes.dalinda.net

3C0A28803C0A131334 Spring Garden Road – $1,895,000

This home is a stunning 3,162 square foot, 4+1-bedroom, 6-bathroom luxury residence in Spring Garden Park that has been newly built for the discerning buyer, who appreciates quality craftmanship and sophisticated styling! Click for flyer.

This residence is located in Sunnylea, one of Toronto’s finest neighborhoods. The Sunnylea neighborhood had been founded and built in 1930, but its fruitful history had begun with Alexander Thompson, who had purchased two hundred acres of land after his discharge from the Kings Rangers in 1803.

The Thompson lands had been renowned for its thriving apple, pear, cherry, and plum orchards. Toward the end of the 1800’s, other farmers had moved to Sunnylea, and they had cultivated lush market gardens of fruits and vegetables. Some of these old Sunnylea farmhouses have stood the test of time, and they can be found on both Prince Edward Drive and on Islington Avenue.

Sunnylea boasts some of Toronto’s best shopping and dining destinations, the best schools, and quick travel times to the downtown core and the airport, via car or public transit. © Luke Dalinda

OPEN HOUSE Saturday, June 7, 2014 from 2 to 4 PM.

Daiva Dalinda, Broker, Luke Dalinda, Sales Representative, Valentina Morasky, Sales Representative. Royal LePage Real Estate Services Ltd., Brokerage.

416-236-1871
ldalinda@dalinda.net
www.DalindaTeam.com

 

JUST LEASED: Palace Place, Suite 1505 for $2,650 per month!

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I have written to announce that I have just leased Suite 1505 at Palace Place for $2,650 per month.

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