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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.
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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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