Toronto's downtown core is among the most vibrant and culturally diverse urban centres in the world. The downtown area is Canada's unquestioned centre of commerce, home to many multinational corporations and all the major Canadian financial institutions. Many who work in the financial district or downtown core use public transit. Others drive into the downtown core and park in underground lots or surface lots. Parking in the downtown core can range from $150 to over $450 per month for reserved parking spots in the financial district.

Spots near Downtown Toronto

Search Your Exact Location

WhereiPark is a marketplace for monthly parking where you can easily search for parking spots by location, find information and make a booking. It's very simple and free when making a booking!

Spots near Downtown Toronto

Address Intersection Price Type
40 gerrard street east Yonge and Gerrard $220.00 Monthly Parking Book Now
55 Gerrard Street West Gerrard St W and Bay St $225.00 Monthly Parking Book Now
150 York St. University and Adelaide $375.00 Monthly Parking Book Now
438 University Avenue University and Dundas $295.00 Monthly Parking Book Now
26 Wellington Street East Wellington St E and Scott St $350.00 Monthly Parking Book Now
200 Wellington St West University and Wellington $373.00 Monthly Parking Book Now
168 John St. Queen and John $195.00 Monthly Parking Book Now
111 Chestnut Street University and Dundas $220.00 Monthly Parking Book Now
145 Mutual St. Jarvis and Gerrard $165.00 Monthly Parking Book Now
41 D'Arcy St. Beverly and Dundas $155.00 Monthly Parking Book Now
70 University Avenue Wellington St W and University Ave $340.00 Monthly Parking Book Now
35 Church St $252.22 Monthly Parking Book Now

Spots near Downtown Toronto

Intersection Address Price
Yonge and Gerrard 40 gerrard street east $220.0
Gerrard St W and Bay St 55 Gerrard Street West $225.0
University and Adelaide 150 York St. $375.0
University and Dundas 438 University Avenue $295.0
Wellington St E and Scott St 26 Wellington Street East $350.0
University and Wellington 200 Wellington St West $373.0
Queen and John 168 John St. $195.0
University and Dundas 111 Chestnut Street $220.0
Jarvis and Gerrard 145 Mutual St. $165.0
Beverly and Dundas 41 D'Arcy St. $155.0
Wellington St W and University Ave 70 University Avenue $340.0
35 Church St $252.22

Other Types of Parking in Downtown Toronto

Downtown Toronto Parking Statistics

  • In 2019, 2.8 Million Parking Tickets Were issued In Toronto
  • A Toronto parking ticket can range from $30 to $450 depending on the infraction
  • There were over 35.1 million vehicle registrations in Toronto
  • Buying a parking space can cost anywhere from $35,000 to $60,000

Downtown Toronto Parking FAQs

1. How do I book a parking spot in Toronto via WhereiPark?

Booking a parking spot with WhereiPark is very simple. Take a look at our interactive map of the city, and search for available spaces either by area or address. You’ll see markers show up on the map, denoting available monthly spots, and you can view each listing in detail by clicking on it. Browse your options until you find one that suits your needs, then click on the booking link. You’ll need to log in (or create your account), making sure your vehicle details are correct. Then simply enter payment information, select a start date, and book! Once your booking is confirmed by the lot owner, you’ll receive full instructions on how to access the space.

2. How much does it cost to park in Downtown Toronto?

Most downtown street parking is free after 9PM. Monthly parking spaces can vary based on the amenities it has to offer and the location. Monthly rates can range from $50 to $375.

3. Is there free parking in downtown Toronto?

Most downtown street parking is free after 9PM as well as some side streets after 5PM. There is no such thing as free monthly parking spaces or free parking between the hours of 9AM and 5PM in downtown Toronto.

4. What are the advantages of monthly parking?

There are many advantages of monthly parking: saved time and frustration in searching for a spot, convenience, and cost-effectiveness. Toronto is one of the most expensive cities in the Canada to get a ticket in, and booking a reliable monthly spot ensures you avoid unexpected fines. Arranging a monthly spot also means you can prioritize the factors that most concern you, like security.