Toronto condo parking spaces can fetch $60K

Posted by Real Estate Snatch Thursday, April 25, 2013

A parking spot can add $50,000 the price of a con suite The resale market for parking spots and condos is steady with some ranging in price up to $60,000.

A parking spot can add $50,000 the price of a con suite The resale market for parking spots and condos is steady with some ranging in price up to $60,000. Still, there are a few wrinkles in selling a spot

With parking a hot commodity for downtown residents who drive, condo owners are taking advantage of the demand and selling their parking spaces. A spot that was purchased for $18,000 about 15 years ago, for example, was recently sold by its owner for $38,000.

Read Full Article Courtesy of Toronto Star

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1 comment:

RES said...: This kind of post is very rare.. its so hard to seek a post like this. very informative and the contents are very Obvious and Concise .I will look more of your post; Wednesday, June 05, 2013

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REAL ESTATE SNATCH is the independent real estate blog of Samir Safadi, Sales Representative of West-100 Metro View Realty Ltd, brokerage it is dedicated to covering Real Estate News, digital culture, social media and technology, providing analysis of trends, Market Data , reviewing new development. Offering Real Estate services resources and guides. Services are provided to prospective buyers and sellers of real estate by Samir Safadi, Sales Representative, West-100 Metro View Realty Ltd, brokerage, duly registered in the province of Ontario, under Real Estate and Business Brokers Act, 2002 (REBBA 2002) and Member in good standing with