While it’s been gloomy in Toronto for what seems like eternity, spring is only 60 days away and that means views like the one’s from Suite 906 at 1 Palace Pier Court are just around the corner.
And if you’re lucky enough, this could actually be your views from your bed or kitchen table.
Currently listed for $1,998,000, this two-bedroom, three-bathroom, 1,985 square foot condo is not just a home; it’s an experience of modern luxury that captivates with its breathtaking views and high-end finishes.
The living room.
As you step into Suite 906, you’ll be greeted by a bright and modern ambiance.
It features upgraded smooth ceilings, Mercier dark oak wood floors, and porcelain tiles that complement the sophisticated aesthetic.
View of Lake Ontario.
The highlight of this condo is undoubtedly the panoramic views it offers.
A bathtub with a view.
Whether it’s the serene waters of the lake, the dynamic cityscape, or the lush greenery of Humber Bay Shores parklands, each window frames a picturesque scene, creating a living masterpiece that evolves with the changing seasons.
The picture windows are truly incredible.
Honestly, they’re so vivid they look like computer screensavers.
The kitchen.
For those who love to cook or entertain, the contemporary chef’s kitchen is a dream come true.
A breakfast nook on the other side of the counters.
Boasting high-end Italian designed Muti Kitchen cabinetry, quartz counters, and top-of-the-line appliances, this space is as functional as it is stylish.
The open concept living and dining area.
The kitchen effortlessly flows into the open-concept living and dining areas, creating a seamless space for both everyday living and for hosting gatherings.
The primary bedroom.
The commitment to luxury is not just evident in the high-end finishes but also the comprehensive array of all-inclusive services.
Lake front access is super close.
Residents of Palace Place enjoy the privilege of a private shuttle service, valet parking, and access to Les Clefs d’Or concierge services – a level of service synonymous with luxury hotels like the Four Seasons.
Green space to relax in.
Truly dreamy, not to mention having Palace Pier Park and Rocky Point Lookout within three minutes walking distance is definitely another perk, especially considering easy access to green spaces can dramatically improve your quality of life.
View of the skyline.
And while Suite 906 is the most expensive unit on the market right now, there are 11 other condos with similarly stunning views up for grabs that might be in your price range.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.
The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.
The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.
QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.
Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.
This report by The Canadian Press was first published Sept. 6, 2024.
