REMI Network | March 2015
Michael Pond, P.Eng. | Principal

Data suggests that a condominium corporation should expect to spend between $100 and $500 per parking stall per year in order to keep its parking garage in good working order and build up savings for long-term renewal of the garage’s moisture protection systems. That’s the equivalent of $15,000 to $75,000 per year — or $8 to $42 per month per stall — for a building with 150 parking stalls.

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