{"id":315343,"date":"2026-03-30T10:46:07","date_gmt":"2026-03-30T14:46:07","guid":{"rendered":"https:\/\/wahi.com\/ca\/en\/?p=315343"},"modified":"2026-03-30T11:53:09","modified_gmt":"2026-03-30T15:53:09","slug":"condo-parking-costs-up-to-268500-in-toronto","status":"publish","type":"post","link":"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/toronto-condo-parking-costs-2026\/","title":{"rendered":"Condo Parking Costs up to $268,500 in Toronto"},"content":{"rendered":"

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url=”https:\/\/www.instagram.com\/wahi.inc\/” icon_color=”#BC4E40″ _builder_version=”4.20.2″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_enable_color=”on” global_colors_info=”{}” follow_button=”off” url_new_window=”on”]instagram[\/et_pb_social_media_follow_network][et_pb_social_media_follow_network social_network=”facebook” url=”https:\/\/www.facebook.com\/wahiinc\/” icon_color=”#BC4E40″ _builder_version=”4.20.2″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_enable_color=”on” global_colors_info=”{}” follow_button=”off” url_new_window=”on”]facebook[\/et_pb_social_media_follow_network][\/et_pb_social_media_follow][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”15px||0px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” 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The Greater Toronto Area\u2019s condo market may not be soaring, but condo parking costs still are, suggests new research from digital real estate platform Wahi.<\/span><\/p>\n

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By Josh Sherman<\/a>\u00a0<\/span>| 4 minute read<\/p>\n

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The latest Wahi analysis of the Greater Toronto Area’s real estate market looks at which neighbourhoods have the highest and lowest average days on the market for home sales.<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” min_height=”791.1px” custom_padding=”32px||23px|||” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.6em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|phone” header_2_font_size_tablet=”29px” header_2_font_size_phone=”19px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

As the Greater Toronto Area\u2019s high-rise downturn continues and the market moves further away from investor-focused micro units in favour of end-user-friendly suites, condos with parking are commanding a six-figure premium in more than a dozen neighbourhoods throughout the region.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Condos with parking are also selling by an average of as much as two-and-a-half weeks faster than comparable units lacking a spot, depending on the location.<\/span><\/p>\n

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These are just some of the findings from a new Wahi analysis of condo sales data focusing on the cost of parking in the region. Wahi analyzed 2025 transactions of one-bedroom condos, comparing prices of those with and those without parking across the region\u2019s approximately 400 neighbourhoods. In general, Wahi found that condos in older, established, centrally located neighbourhoods commanded the highest premium for parking.\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u201cThe condo buyers who remain out there right now are generally looking for larger, more livable units with features such as parking,\u201d suggests Wahi Economist Ryan McLaughlin. \u201cAs more condo projects are completed with fewer parking spots, one would expect that the law of supply and demand would drive prices up over time,\u201d he adds. <\/span><\/p>\n

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Days on Market (DOM) measures the average number of days a listing remains active before selling. A lower DOM suggests strong demand, while higher numbers may indicate slower buyer activity or pricing mismatches.<\/span><\/p>\n

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