Street parking could soon be more expensive in Toronto
If you can manage to find an on-street parking spot in Toronto, it may cost you more to leave your car there if council decides to approve a proposal (PDF) drafted by the Toronto Parking Authority.
According to the Toronto Star, the TPA wants to up parking prices because certain areas, such as Dundas between Spadina and Bathurst, are busier now than the last time the city raised on-street parking fees back in 2012.
The TPA wants to increase the hourly rate from $3 to $4 northward in areas such as the Discovery District. Currently, on-street parking on Dundas West and College between Spadina and Bathurst costs $2.25 per hour, but the Parking Authority wants to raise it to $3. It's proposing to do the same on St. Clair West from Yonge to Avenue and on Yonge roughly between Merton Street and Deloraine Road.
Other changes could include a $0.25 hourly increase from the $2 it currently costs you in areas such as West Queen West (from Ossington to Dufferin). The TPA also wants to up prices in parts of Roncesvalles from $1.50 to $2.00 per hour.
Along with the updated fees, the report suggests the city expand its payment periods in certain areas.
Due to an increased number of bike lanes, peak-period parking restrictions and construction there's been a decrease in the amount of revenue the city receives from on-street parking. While the TPA's recommendations would cost $100,000, they'd result in $1.5 million in annual gross revenue for the city, according to the Star.
Yet, before we see any of these changes, the Government Management Committee and City Council would have to approve the TPA's report.
What do you think of these proposed to changes to Toronto on-street parking fees? Let us know in the comments.
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