Latest news with #LukeDalinda
Globe and Mail
3 days ago
- Business
- Globe and Mail
Georgian-style house quickly sells due to Humber River location
12 Queen Marys Dr., Toronto Asking price: $3.95-million (May, 2025) Selling price: $3.8-million (May, 2025) Previous selling price: Not available Taxes: $13,025 (2024) Days on the market: Five Listing agent: Luke Dalinda, Royal LePage Real Estate Services Ltd. There were several barriers to selling this original, four-bedroom house on a 50- by 154-foot lot this spring. Those included high levels of inventory on the west side of the Humber River and a shrinking pool of buyers interested in renovation projects. Its price under $4-million pulled in only six people to view the property, yet three were interested in owning it. 'Usually in this market, you'll see five to 10 listings at most, and right now that number, as of today, is closer to 24, so it's a challenge,' said agent Luke Dalinda. 'There are buyers who aren't prepared to do the work, but the buyers that were interested, they saw it as an opportunity to create their dream home.' The final sale price was $3.8-million, largely on account of its locale between Kingsway Crescent and Prince Edward Drive. 'This sale demonstrates that even in tough markets, a prime location remains a steadfast guardian of value,' said Mr. Dalinda. 'Overall, people coming from other neighbourhoods love the Kingsway and all that the Kingsway offers, like the schools, restaurants and safety. It's quite a nice neighbourhood.' In the 1930s, this two-storey house was designed with a centre-hall plan, complete with a formal dining room and traditional eat-in kitchen. In the 1980s, it was expanded to offer a total of 3,019 square feet of living space, including a third entertaining area with a fireplace on the main floor. There are also fireplaces in a recreation area downstairs and the primary bedroom upstairs. The latter also encompasses a sitting area, a walk-through closet and one of three bathrooms. 'The notable lot is a rare 154-feet deep and completely private,' said Mr. Dalinda. 'The property also features a double, private drive with a built-in garage.'
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Buyer chops $111,000 off price of Humber Bay condo
1 Palace Pier Crt., No. 3502, Toronto Asking price: $1,499,000 (March, 2025) Selling price: $1,388,000 (April, 2025) Taxes: $3,812 (2024) Days on the market: 32 Listing and buyers' agent: Luke Dalinda, Royal LePage Real Estate Services Ltd. Agent Luke Dalinda found two buyers for this newly renovated two-bedroom unit at the Palace Place condo complex by the mouth of the Humber River. They were both clients he had shown numerous other properties, including some in the same 32-year-old building. But both wanted to make their first offer on this property. 'I do a lot of international marketing now, so [one set of] buyers were coming back to Canada, and it just so happened another party was looking too,' said Mr. Dalinda. 'Both decided they wanted to put an offer in. It was fluky.' Both parties started low with their offers. One eventually raised their bid and closed a deal at $111,000 under the asking price. 'It took 32 days altogether to sell, which is actually good in this market where you're seeing 60 or 90 days or longer listing times,' Mr. Dalinda said. 'This was a special suite because of how beautifully it was renovated, and how the seller came up with a great idea to change the floor plan to make a bigger kitchen and entertaining area.' This unit is the product of a double unit separated back into the original two. It has 1,186 square feet of living space with a stylish kitchen with an island, quartz countertops and stainless-steel appliances. Windows line the primary bedroom, and open living and dining areas. There are three bathrooms and laundry facilities, plus a storage locker and underground parking. Monthly fees of $1,250 cover cable, utilities, shuttle services, valet parking and use of the pool and sports courts. 'It's a real trophy residence with incredible city, skyline and water views,' Mr. Dalinda said. 'The building has Les Clefs d'Or concierge service, which is the same as the Four Seasons [hotel].'
