05-12-2016, 10:22 AM
I didn't know that about City Centre. I've never seen a development break out the cost of a parking spot, and I think it's a shame. It should be advertised clearly based on the real market value of the space.
There will of course be plenty of buyers who want two cars for their household, but I think that there will be plenty who would opt for none, if the choice was there and they were clearly compensated for taking it. In my neighbourhood not too far from this site, there are plenty of households without cars. I know single people and couples alike who simply don't own one. Some of them live in very nice (what might be called "higher-end") homes, and pay for them in part because of their savings on transportation. It's not just poor people and students any more who opt not to buy cars, even in Waterloo Region.
There will of course be plenty of buyers who want two cars for their household, but I think that there will be plenty who would opt for none, if the choice was there and they were clearly compensated for taking it. In my neighbourhood not too far from this site, there are plenty of households without cars. I know single people and couples alike who simply don't own one. Some of them live in very nice (what might be called "higher-end") homes, and pay for them in part because of their savings on transportation. It's not just poor people and students any more who opt not to buy cars, even in Waterloo Region.