The Truth Behind Renting Out Your Parking Lot in Calgary!
By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
While renting out your residence parking spot in Calgary will bring you some extra cash, think again before you put that ad! Many Calgarians don't not know that the money earned this way could quickly evaporate when they get the hefty ticket ranging between $1,500 and $3,000. The City of Calgary said that renting out your parking spot is NOT allowed and against the law, as these lots are intended only for the use of the residents in the house. The negative impact of such an act will extend to the community you are living in, when you have no other choice but to park you own car in the neighborhood streets causing "parking spill over into the community." as Mark Sasges, Chief Development Planner with The City said. Another concern is the confusion this may cause when the neighbors becam...
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