Kitsilano Condo Parking Spots


Share This!

Why is Parking in Kitsilano Condos Necessary?

New condos in Vancouver, and recently Kitsilano (think Kits360) all have something to offer – whether it’s the location, amazing common outdoor space, interesting amenities, or a never been seen before modern design.

Developers try to make as much money as possible from their buildings, so they may be using every inch of available space to include more units, or they may not be taking on the extra cost of adding any extras (like parking). These days, developers of new condos are putting a higher emphasis on bike storage (offering multiple secure areas to lock up bikes). These factors affect how many secure underground parking spots are available – the fewer spots available, the higher the demand. Consider also that Kitsilano condos are generally older, some of which were not originally built with underground parking, or were not originally built with enough parking stalls for every unit.

Pros and Cons of Kitsilano Condo Parking Spots

Unfortunately for every car owner, parking spots are necessary. Yes, you can park on the street, but the lack of security is worrisome and the convenience isn’t as good. Trying to find a permit parking spot in front of your building every day can become a hassle (I’ve lived through it).

These days, parking spots can add around $25,000 to the cost of a comparable unit without a parking space, more in certain areas of town (i.e. secure underground parking spots are rare in Gastown, so the spot could be worth $50,000) or if a building doesn’t offer spots with every unit (i.e. loft conversions in Vancouver don’t often have parking – but the ones that do rank higher and sell faster).

There’s also a difference between the size of parking spots, and where it’s located in the parking garage. Some units come with parking spots for “small vehicles”, so your pick-up truck might not fit. Other spots are close to the wall which may limit some mobility when you park and open your car door. These typically don’t affect deals too much, but there are some people out there with parking listed as a high priority.

Many condos are also making room to park car sharing vehicles, like Car2Go or Zipcar. Many Vancouverites are using this service and condo developers have taken notice, offering reserved spots for these cars to make things more convenient for homeowners who don’t own a car (and to hide the fact that not every unit comes with a parking spot).

Luckily, there’s an influx of new condos being built so many of them come with at least parking or storage, if not both. Developers need to be competitive right now, and the lure of parking is too important to ignore (especially when people live in Kitsilano, which isn’t as accessible as downtown Vancouver). Many Buyers also understand the importance of having a parking spot when it comes to future resale value.

Consider Buying a Condo with Parking

Speak with us about the pros and cons of parking, storage and other amenities prior to buying a unit for yourself. Though you may not need the parking space, it may be smart to consider buying a unit that comes with one. Some buildings – though they are getting more and more rare – allow you to rent out your parking spot. Let us know if you have any questions.

[x] close

Login for Full MLS Acess

Name* (first and last):

Email Address*:

Price Range: -

Property Type:

How many bedrooms?

How many bathrooms?

What area? (Near xxx)

I'm looking for a home that: (Allows pets, has ocean view)

Are you working with a Realtor?

Terms of Use

The term Virtual Office Website ("VOW") refers to a Participant's (REALTORS®) Internet website, or a feature of a Participant's Internet website, through which the Participant provides real estate brokerage services to Registrants (clients and prospects) with whom the Participant has first established a relationship where the Registrant has the opportunity to search for MLS® data, subject to the Participant's oversight, supervision and accountability. By agreeing to these "Terms of Use" you:

  1. acknowledge and understand that the Terms of Use do not create an agency relationship and do not impose a financial obligation on the Registrant or create any representation agreement between the Registrant and the Participant;
  2. understand that all data obtained from the VOW is intended only for your personal, non-commercial use;
  3. do have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered through the VOW
  4. agree not to copy, redistribute or retransmit any of the data or information provided;
  5. acknowledge the Board/Association ownership of and the validity of the copyright in the MLS® database.
  6. agree that all information provided may be provided to the relevant Board and may be used to administer and operate the VOW and to investigate any breach of security of the data or the MLS® rules
  7. that a "mouse click" is sufficient acknowledgement and agreement to the terms
  8. must supply a user name and a password, the combination of which must be different from those of all other Registrants on the VOW, before being permitted to search and view information from the MLS® database via the VOW.
  9. must provide a valid email address. The Registrant may be permitted to access the VOW only after the Participant has verified that the email address provided is valid the Registrant's agreement to the VOW's Terms of Use is confirmed.
  10. understand the Participant must at all times maintain a record of the name, telephone number and email address supplied by the Registrant, and the username and current password of each Registrant, such records to be kept for not less than 180 days after the expiration of the validity of the Registrant's password. If the Board/Association has reason to believe that a Participant's VOW has caused or permitted a breach in the security of the data or a violation of MLS® rules related to use by one or more Registrants, the Participant shall, upon request, provide to the Board/Association a copy of the record of the name, email address, telephone number, username, current password, and audit trail, if required, of any Registrant identified by the Board/Association to be suspected of involvement in the violation.
  11. Understand that information on this site is deemed to be valid but is not guaranteed. It is the responsibility of the registrants to confirm all information on their own. Broker may not have reviewed or approved listing enhancements. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  12. Understand any agreement entered into at any time between the Participant and Registrant imposing a financial obligation on the Registrant or creating agency representation of the Registrant by the Participant must be established separately from the Terms of Use, must be prominently labelled and may not be accepted solely by mouse click
  13. have received, read and understand the brochure published by the British Columbia Real Estate Association entitled Working With a REALTOR®

Having agreed to the terms and conditions of use, I would like to have access to this VOW information.

 Terms and Conditions I agree to the Terms and Conditions

[x] close

Login for VOW Access

Remember me

Don't have an account? Register now!