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Less Parking, More Bikes

Toronto Condo News
Publication date:
October 26, 2018
Article Summary: 

In this article, the author discusses how the trend towards fewer or no parking spaces in condo developments is becoming more common. With the high cost of parking spaces, developers and condo residents are finding alternatives such as vertical lifts and valet services to economize on space. Buildings are also incorporating on-site parking for delivery services and encouraging the use of bicycles and ebikes. The author predicts that as more people utilize alternate methods of transportation and have access to what they need within walking distance, the demand for space to park cars is likely to decrease, possibly leading to a time when condo owners no longer need to own a car for personal transportation.


parking, condo developments, vertical lifts, valet service, bicycles, ebikes, transportation, urban living.

Source Citation: 
Toronto Condo News
Less Parking, More Bikes
October 26, 2018
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