Monday, March 16, 2015

Condos charging for Parking

Q: Now condo builders start charging monthly fee for parking and locker,which is also around $55 dollars per month. 

Condos are not charging for parking.  You own the parking spot.  You can sell it or Rent it as you decide what you need.  Previously where EVERYONE had multiple parking spots they were an asset of the corporation and could be easily rented from management.  

Today with parking a premium; many buildings do not possess one parking spot for each car [indeed some buildings have no parking] 

Q: Is there any rule for construction levy one builder charge $6000 and another charge $2500.  Who they work out.

Lot levy is assessed by the City at the time 

Ask the question of people who can answer.

David Pylyp

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