For commuters who use parking heaps at TTC stationsbe ready to doubtlessly pay extra beginning this summer time as workers with the transit company are recommending a rise in charges.
In a report to be thought-about by the TTC board on Could 14, workers need to enhance every day charges to $8 in addition to enhance afternoon charges to $4 at “well-utilized” parking heaps (the place the common every day peak occupancy is 71 to 100 per cent). It’s a transfer that’s estimated to herald an additional $1 million beginning in 2026.
For heaps which have “below-target” utilization (common every day peak occupancy of fifty to 70 per cent), every day charges would enhance by 25 per cent to a most of $8 whereas there could be no change to charges at “under-utilized” heaps (common every day peak occupancy of zero to 49 per cent).
No-charge parking on weekends would stay at “most heaps” in an effort to “preserve accessibility to transit” for many who journey on weekends.
If authorized, the worth will increase would take impact on July 1.
“The really useful fee enhance could impression affordability for patrons with low revenue who depend on TTC parking heaps. Nevertheless, the speed enhance addresses the disproportionate profit that’s given to automotive drivers,” the report mentioned.
“The proposed parking fee adjustment displays the necessity to modernize pricing after a number of years with none will increase. Importantly, the brand new charges will proceed to stay extra reasonably priced than close by alternate options.”
Officers estimated that solely two per cent of the riders who get onto the subway park their automobiles at a TTC commuter lot.
“Fares of non-drivers and Metropolis subsidies are getting used to make up for the misplaced income required to take care of and lease these parking heaps,” the report famous.
The board requested for a evaluation earlier within the yr of how the TTC offers with commuter parking heaps after workers mentioned Hydro One was mountain climbing its charges for heaps on its property.
As a part of the suggestions, TTC workers additionally need to shrink the dimensions of the leased areas at Pioneer Village and Finch West stations to avoid wasting $1.5 million beginning in 2026. The report mentioned utilization for each heaps was estimated to be round 18 and 20 per cent, respectively.
9 heaps – two at Finch, two at Islington, two at Kipling, Don Mills, Freeway 407 and Yorkdale – are at the moment leased, however the report really useful holding these in operation with the potential to evaluation “under-utilized” and “below-target” heaps.
Officers mentioned $7.7 million in income was acquired all through all of 2024 on the transit company’s heaps, but it surely value $12.6 million to function those self same heaps.
Workers mentioned if the modifications are authorized, the $4.9 million deficit could possibly be slashed to $1.4 million in 2026 as a consequence of greater parking income and decrease licence and realty charges.
A newly adopted coverage on commuter parking heaps would additionally name for a evaluation and adjustment of charges if transit fares change.
Breakdown of proposed TTC parking zone costs
A little bit over half of the present out there commuter heaps owned and operated by the Toronto Parking Authority are deemed to be “well-utilized” whereas seven are “under-utilized” and two are “beneath goal.”
Tons at Ellesmere (closed as a part of Line 3 Scarborough RT shutdown), Keele, Kennedy (the south lot briefly closed for bus operations), Lawrence East (closed as a part of Line 3 shutdown), Leslie and Wilson (Transit Highway) had been recognized as ones that may be monitored and reviewed for potential non-parking makes use of (housing, neighborhood or various TTC operations) sooner or later. The heaps at Ellesmere and Lawrence East stations could be reassessed after the long run Line 3 alternative busway opens.
Listed here are the present and proposed charges for heaps at TTC subway stations that can be open to be used as of July 1, 2025:
Don Mills station (Owned by Cadillac Fairview, 366 areas): Present every day fee $7, proposed every day fee $7, 17.6 per cent common weekday utilization in 2024
Ellesmere station (Line 3 now closed, 90 areas): Present every day fee $3, proposed every day fee $3, 26.1 per cent common weekday utilization in 2024
Finch station (east facet, 1,653 areas): Present every day fee $5, proposed every day fee $6.25, 51 per cent common weekday utilization in 2024
Finch station (west facet, 1,552 areas): Present every day fee $5, proposed every day fee $8, proposed afternoon fee $4, 70.9 per cent common weekday utilization in 2024
Finch West station (329 areas): Present every day fee $7, proposed every day fee $7, 7.6 per cent common weekday utilization in 2024
Freeway 407 station (589 areas): Present every day fee $7, proposed every day fee $8, proposed afternoon fee $4, 101.4 per cent common weekday utilization in 2024
Islington station (Lomond lot, 258 areas): Present every day fee $8, proposed every day fee $8, proposed afternoon fee $4, 106.1 per cent common weekday utilization in 2024
Islington station (Fieldway lot, 217 areas): Present every day fee $5, proposed every day fee $6.25, 58.5 per cent common weekday utilization in 2024
Islington station (Fundamental lot, 260 areas): Present every day fee $6, proposed every day fee $8, 115.6 per cent common weekday utilization in 2024, future Housing Now/CreateTO redevelopment web site
Keele station (162 areas): Present every day fee $5, proposed every day fee $8, proposed afternoon fee $4, 102.6 per cent common weekday utilization in 2024
Kipling station (north facet, 283 areas): Present every day fee $7, proposed every day fee $8, proposed afternoon fee $4, 137.8 per cent common weekday utilization in 2024
Kipling station (south facet, 829 areas): Present every day fee $6, proposed every day fee $8, proposed afternoon fee $4, 102.4 per cent common weekday utilization in 2024
Leslie station (101 areas): Present every day fee $7, proposed every day fee $8, proposed afternoon fee $4, 80 per cent common weekday utilization in 2024
Lawrence East station (Line 3 now closed, 90 areas): Present every day fee $3, proposed every day fee $3, 5.7 per cent common weekday utilization in 2024
Pioneer Village station (1,881 areas): Present every day fee $7, proposed every day fee $7, 14.4 per cent common weekday utilization in 2024
Sheppard West station (632 areas): Present every day fee $5, proposed every day fee $5, 46 per cent common weekday utilization in 2024, future Housing Now/CreateTO redevelopment web site
Warden station (north facet, 920 areas): Present every day fee $4, proposed every day fee $4, 28 per cent common weekday utilization in 2024, future Housing Now/CreateTO redevelopment web site, south lot with 151 areas briefly closed for development
Wilson station (Transit Highway lot, 69 areas): Present every day fee $5, proposed every day fee $8, proposed afternoon fee $4, 92.3 per cent common weekday utilization in 2024
Yorkdale station (Owned by Oxford Properties, 1,010 areas): Present every day fee $7, proposed every day fee $7, contract expires in 2026
A map of TTC commuter parking heaps damaged down by possession and the variety of areas. HANDOUT / TTC
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