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 Listed: Palace Place, 1 Palace Pier Court, Suite 1009 – $659,000

Palace Place 1009 view

Palace Place 1009 living room

palace place suite 1009 floor plan

Palace Place, 1 Palace Pier Court, Suite 1009 – For sale at $659,000

Enchanting, spacious elegance…

Breathtaking is the word that best describes Palace Place, which is the most prestigious and luxurious waterfront condominium residence in Canada. Suite 1009 is an immaculate condominium residence, with approximately 1,388 square feet of living space and enchanting views of Lake Ontario, the Humber Bay Shores parkland, the Humber River, and Swansea village.  Click for flyer

Call or send an email now to Luke Dalinda to view this opportunity!

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

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

Luke Dalinda’s Palace Place listings are now featured on the Robb Report website!

palace place Robb Report

 

 

Luke Dalinda’s Palace Place listings are now featured on the Robb Report website!

Toronto, October 11, 2016

Luke Dalinda has established a unique partnership to feature Palace Place listings on RobbReport.com, the definitive authority on connoisseurship for ultra-affluent consumers.

“Palace Place is the most prestigious and luxurious waterfront condominium residence in Canada, and it is about time that the world took notice,” says Dalinda.

Together with Luke Dalinda’s exclusive partnership with LuxuryHomes.com, Palace Place will be visible to international buyers.

Beginning with Suite 4001, Luke Dalinda’s select Palace Place listings will be prominently featured to the thousands of international buyers looking to invest in the best that Toronto has to offer.

robbreportpalaceplaceThere are no additional fees to clients. This extra service will be a major added bonus to Mr. Dalinda’s already extensive marketing package, which offers clients better exposure and better results.

About Luke Dalinda
Luke Dalinda has achieved top 1% in Canada status, and is the #1 top selling resident realtor at Palace Place*.
Luke Dalinda had been the first #1 top realtor at Palace Place since it had achieved its independence from Citibank in 1997, as per TREB data.
Luke Dalinda has set the most price records at Palace Place since 1997.
**Such achievement has been based on the number of sales that had been sold in 2014 from TREB MLS data and Royal LePage.

About Robb Report
For nearly 40 years, Robb Report magazine has served as the definitive authority on connoisseurship for ultra-affluent consumers. Robb Report not only showcases the products and services available from the most prestigious luxury brands around the globe, but it also provides its sophisticated readership with detailed insight into a range of these subjects, which include sports and luxury automobiles, yachts, real estate, travel, private aircraft, fashion, fine jewelry and watches, art, wine, state-of-the-art home electronics and much more. For connoisseurs seeking the very best that life has to offer, Robb Report remains the essential luxury resource.

 

As seen in today’s Globe and Mail – Just Listed: Palace Place, 1 Palace Pier Court, Suite 4001 – $2,150,000

Palace Place Suite 4001 fireplace

Palace Place Suite 4001 hall

Palace Place Suite 4001 living

Palace Place Suite 2302 Knight

Palace Place, 1 Palace Pier Court, Suite 4001 – For sale at $2,150,000

A fusion of style and privilege in a landmark building…

Breathtaking is the word that best describes Palace Place, which is the most prestigious and luxurious waterfront condominium residence in Canada. Suite 4001 is a visually arresting 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 suite has been meticulously renovated for the discerning buyer, who appreciates quality workmanship and sophisticated styling. Click for flyer.

Call or send an email now to Luke Dalinda for pre-qualification to view this once in a lifetime opportunity!

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

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

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

Breaking News: Just Listed: Palace Place, 1 Palace Pier Court, Suite 4001 – $2,150,000

Palace Place Suite 4001 living

Palace Place Suite 4001 hall

Palace Place Suite 4001 kitchen

Palace Place Suite 4001 fireplace

Palace Place, 1 Palace Pier Court, Suite 4001 – For sale at $2,150,000

A fusion of style and privilege in a landmark building…

Breathtaking is the word that best describes Palace Place, which is the most prestigious and luxurious waterfront condominium residence in Canada. Suite 4001 is a visually arresting 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 suite has been meticulously renovated for the discerning buyer, who appreciates quality workmanship and sophisticated styling. Click for flyer.

Call or send an email now to Luke Dalinda for pre-qualification to view this once in a lifetime opportunity!

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

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

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

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: 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