Parking in downtown Toronto is about to get even pricier.
Starting next Monday, monthly and hourly rates will be increasing at all Green P parking lots across the city.
The parking rate increase will vary based on the location of the 160 parking lots in Toronto.
According to the Toronto Parking Authority (TPA), daily rates at uncontrolled facilities will increase on January 14, controlled facilities will see increases come into effect on February 11, while monthly rates will change on February 1.
Half-hour parking rates are going to increase on average 25 to 50 cents, while monthly rates are going up as much as $30 with some lots only rising by $5.
Some have also gotten rid of the daily maximum parking option. Now drivers will have to pay by the half-hour in these lots.
“At a number of uncontrolled facilities that have a high occupancy and/or a large number of long-stay parkers, TPA has removed the day maximum, and where applicable, either left the half hour rate as is or reduced it slightly,” reads a memo from TPA.
“The removal of the day maximum and in some instances a reduction in the half hour rate will accommodate short-stay patrons and deter all day parkers.”
A full list of lots with parking rate changes coming into effect can be found on Green P’s website.
- GO Train passengers evacuated following engine fire in Toronto
- Weekday GO Train service between Niagara Falls and Toronto begins today
- These maps show which subway car will put you nearest to every station’s exit