New Toronto app is like airBnB for parking spaces

A newly released Toronto app aims to change the way that people find parking spaces in this city. Some startups aim to solve problems that you don't know you have, while others focus squarely on pain points that are widely understood and complained about -- Rover would fall into the latter category.

The concept is simple: owners of private parking spaces can make them available via the Rover app, which then allows drivers to seek them out. As with most sharing-based solutions, pricing is cheaper than what you'll find at a downtown lot or for on-street parking. The hourly rate is capped at $2 with Rover, which becomes a steal if you can secure a spot downtown.

As a startup, the app could currently use an influx of people looking to rent out spaces. The motivation for renters, of course, is that it's possible to earn a few bucks off of an empty parking space with not a whole lot of effort (far less, obviously, than airBnB). It's hard to evaluate the success of the app at this early stage, but it's a damn good idea on paper (er, one's phone).