If you have spent any time in the downtown Toronto area you are aware of how much it costs to park ANYWHERE. The price people pay to simply park their car is ridiculous. A new startup app has started a service where people who live in Toronto can rent out their parking space by the hour when it’s not being used. So say you work all day and your driveway is empty, you can rent it out for the hours it’s vacant and make some extra cash. The app connects drivers with ideal, available spots and takes a percentage of the profit. This seems like a no-brainer for all parties involved, except maybe the city.
For more info on the new app click here.