Parking spots in Toronto are notoriously expensive, but if you're willing to cough up tens of thousands of dollars on what amounts to little more than a void between painted yellow lines, there's an unconventional new alternative coming to the city that just might be for you.

A commercial real estate company touting a potential “car condominium” to create high-end storage for automotive enthusiasts in Toronto is raising questions about land economics and zoning in Canada’s biggest cities.

Toronto is filled with condo buildings of all shapes and sizes, but it’s about to get something entirely new: its first-ever condo just for cars.

Located about a 15 minute drive from the downtown core, Toronto's very first condo for cars is on its way at 20 Towns Road near the foot of Highway 427 and the Gardiner Expressway.