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BOOMING CALGARY PRICIEST PLACE TO PARK IN CANADA
July 27, 2007
Toronto is the seventh most expensive city in North America for monthly office parking, according to a new survey.
The annual Colliers International report on parking rates found little change in rankings of different cities, although prices rose more in Canadian cities - especially smaller centres like Edmonton and Victoria - than they did south of the border.
Calgary passed Toronto last year as the priciest place in Canada to buy monthly unreserved parking in the downtown business area.
The booming city's $350-a-month median rate was exceeded in North America only by New York, Boston and San Francisco - but it still is a bargain, compared with about $1,200 (U.S.) a month for a spot in the financial centre of London's City district.
Toronto is the seventh most expensive city in North America for monthly unreserved parking i the downtown business area.
MOST EXPENSIVE CITIES IN NORTH AMERICA Monthly parking rate median, $U.S.
New York, Midtown $630.00
New York, Downtown $500.00
Boston $460.00
San Francisco $350.00
Calgary $329.00
Philadelphia $297.50
Chicago $285.00
Toronto $284.00
Seattle $275.00
Montreal $246.34
Washington $240.00
Honolulu $209.42
Sacramento, Calif. $205.00
Charleston, S.C. $200.00
Vancouver $196.00
Hartford, Conn. $195.00
Los Angeles $192.00
Ottawa $183.28
Minneapolis, Minn. $179.00
Oakland, Calif. $177.50
SELECTED CITIES AROUND THE WORLD MEDIAN RATE $U.S.
London (City) $1,198
Tokyo $702
Sydney $688
Hong Kong $682
New York (midtown) $630
Moscow $620
Zurich $487
Paris $324
Munich $314
Toronto $284
Chicago $285
Frankfurt $257
Vancouver $196
Los Angeles $192
SOURCES: COLLIERS INTERNATIONAL
BOOMING CALGARY PRICIEST PLACE TO PARK IN CANADA
July 27, 2007
Toronto is the seventh most expensive city in North America for monthly office parking, according to a new survey.
The annual Colliers International report on parking rates found little change in rankings of different cities, although prices rose more in Canadian cities - especially smaller centres like Edmonton and Victoria - than they did south of the border.
Calgary passed Toronto last year as the priciest place in Canada to buy monthly unreserved parking in the downtown business area.
The booming city's $350-a-month median rate was exceeded in North America only by New York, Boston and San Francisco - but it still is a bargain, compared with about $1,200 (U.S.) a month for a spot in the financial centre of London's City district.
Toronto is the seventh most expensive city in North America for monthly unreserved parking i the downtown business area.
MOST EXPENSIVE CITIES IN NORTH AMERICA Monthly parking rate median, $U.S.
New York, Midtown $630.00
New York, Downtown $500.00
Boston $460.00
San Francisco $350.00
Calgary $329.00
Philadelphia $297.50
Chicago $285.00
Toronto $284.00
Seattle $275.00
Montreal $246.34
Washington $240.00
Honolulu $209.42
Sacramento, Calif. $205.00
Charleston, S.C. $200.00
Vancouver $196.00
Hartford, Conn. $195.00
Los Angeles $192.00
Ottawa $183.28
Minneapolis, Minn. $179.00
Oakland, Calif. $177.50
SELECTED CITIES AROUND THE WORLD MEDIAN RATE $U.S.
London (City) $1,198
Tokyo $702
Sydney $688
Hong Kong $682
New York (midtown) $630
Moscow $620
Zurich $487
Paris $324
Munich $314
Toronto $284
Chicago $285
Frankfurt $257
Vancouver $196
Los Angeles $192
SOURCES: COLLIERS INTERNATIONAL
