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Ending condo parking in Toronto

Ending condo parking in Toronto

“It’s getting harder to build parking,” Jared Menkes, director of development for Toronto-based Menkes Development, told the press last month. In order to meet city-planning requirements, developers are conducting more complex excavation procedures on increasingly smaller lot sizes in downtown Toronto, which is raising the cost of parking spaces somewhere between $50,000 and $60,000. For […]

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