Everyone knows that parking in the city of Toronto last couple of years has proven to be more of a challenge over. Toronto's population is increasing dramatically each year, with just two passengers and includes parking for buyers has been more of a concern. To become more and more valuable in a city where parking by real estate developers are being purchased every day yet another Toronto condo building, ample visitor parking with the purchase of a condo building and a parking space Acquisitions.
If you are in the market a Toronto Condo, is an important issue considering the purchase of a parking lot to buy. Parking in the city more and more scarce, more and more parking, this valuable piece of land value capitalization has started becoming a reality with the developers. It is this reason that buyers always try to buy a parking space with a Toronto condo unit as it dramatically increases the investment value should have when it comes time to resell. Even if you do not own a car, there are always ample opportunity to rent your place. Rental rates for parking spots in Toronto anywhere from $ 100 to $ 200 a month can vary. It is a buyer for a condo that is used specifically for parking lots or even better one deeded parking space as the venue could be sold if necessary to gain purchase.
The Toronto entertainment district, but as proposed visitor parking spots located in high traffic areas based on the number of condos, they up to, especially on weekends tend to fill quickly. Downtown core due to lack of space in the new condo development in the context, condo or builders already completely started over parking for visitors or if it is offered, often a per-hour parking fee. Some older condo buildings such as 25 located in the heart of St. Lawrence Market Esplanade, special parking garage for visitors is dedicated to certain levels, but visitors must pay per hour. The most frequent visitors to the condo owners or the city out to accommodate guests and family can prove frustrating. Some visitor parking is an abundance of Toronto condos, condos are others which is why it is important not ask your realtor about it. A lot of condo buyers the impression that all buildings with free visitor parking forget to ask this question.
If you enjoy entertaining guests in the condo, make sure to find out how many visitors are offered places in the condo before you sign on the dotted line.
Erica Mary (Tradeworld Realty Inc., Brokerage) Smith (right Home Realty Inc., Brokerage) and Joy Paterson, Sales Representatives wrote. Your Toronto Realtors!
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Thursday, October 21, 2010
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