When Sofia and David Nolan set out to buy their first condo in downtown Toronto, they assumed parking would be a given. They both had cars and worked at opposite ends of the city. But as they toured pre-construction sales centres, they were shocked to learn that parking would cost them as much as $80,000 if it was available at all.

“We were told some one-bedrooms didn’t come with parking,” says Sofia as she stands with her husband outside their condo in The Well, the 1,700-unit mixed-use community at Front Street and Spadina Avenue. “In other cases, we’d be waitlisted for a spot even if we bought. Parking just didn’t seem guaranteed anymore.”

The couple considered ditching both their cars and relying on transit, but between the delayed Crosstown LRT and sluggish streetcars, they weren’t

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