Parking Near King Station, Financial District
Where Can I Park Near King Station?
King Station is at 71 Yonge Street in Toronto Centre and does not have a station car park identified for drivers. Nearby Parksy spaces include One King West valet parking at 20 m for $17.97 an hour, Brookfield Place at 140 m for $12.99 an hour, and monthly parking at 88 Scott Street, 110 m away, for $175 a month.
- Address
- 71 Yonge Street
- Closest listed space
- Valet Parking at One King West, Toronto's Downtown Gem, 20 m (1 min walk)
- Nearest station
- Union, 420 m (6 min walk)
Parking Near Financial District
A metro train at an underground platform Photo: Pexels / Platon Matakaev
Parking at King Station on Yonge Street
King Station is a TTC subway station at 71 Yonge Street in Toronto Centre, near Financial District. The TTC station page identifies uncovered bike parking at the Melinda Street entrance, but does not identify a station car park for drivers (ttc.ca).
Drivers arriving by car therefore need to use a nearby private space rather than a dedicated station lot. The station’s central location places parking close to the subway entrance, while the surrounding streets serve a busy commercial district.
Parksy Parking Spaces Near King Station
Parksy lists two valet spaces at One King West, each a few steps away at 20 m, priced at $17.97 an hour. These spaces suit drivers who want the closest listed option and are comfortable using valet parking for a short visit or workday.
Monthly options include parking at 88 Scott Street, 110 m away, for $175 a month, and a space at 1 Toronto Street, 180 m away, for $290 a month. The 88 Scott Street option is better suited to regular commuters seeking a lower monthly cost, while 1 Toronto Street suits drivers who prefer a monthly space farther from the station.
Brookfield Place has secure parking 140 m away for $12.99 an hour, while secure underground parking with 24/7 access is also 140 m away for $20 an hour. The first suits shorter paid stays, and the underground option suits drivers who need round-the-clock access.
Street Parking Around the Station and Melinda Street
The TTC identifies uncovered bike parking at the Melinda Street entrance and nearby City of Toronto uncovered bike parking west of Yonge Street from King Street (ttc.ca). These facilities are for bicycles rather than cars, so drivers should not treat the station entrance area as a vehicle parking facility.
The station sits in Toronto Centre near Financial District, where commercial streets and subway access create strong demand for curb space. Parking choices around the station should therefore be based on posted City of Toronto restrictions and any signs applying to the particular block, rather than assuming that a curb beside the entrance is available for a full commute.
Commuter Choices for a Toronto Centre Subway Trip
For a short commute, the closest Parksy choices are the One King West valet spaces, both a few steps from the station at 20 m and priced at $17.97 an hour. A driver planning a longer stay can choose Brookfield Place at 140 m for $12.99 an hour, which is the lowest priced hourly Parksy option listed near the station.
Regular commuters can compare the monthly spaces instead of paying an hourly rate each day. The 88 Scott Street space costs $175 a month at 110 m, while the 1 Toronto Street space costs $290 a month at 180 m. The listings also include secure underground parking 140 m away with 24/7 access for $20 an hour, useful when access outside ordinary daytime travel matters.
Union Connection and Wider Transit Options From King Station
Union is the nearest station to King Station, at 420 m or a 6-minute walk.
The TTC station page notes that King is a subway station and identifies nearby bike parking, including the Melinda Street entrance facility and City of Toronto bike parking west of Yonge Street from King Street (ttc.ca). Drivers using a nearby Parksy space can therefore combine the car trip with the subway network or continue on foot toward Union when that station better matches the onward journey.
Sources
* Please note: parking prices, time limits and fine amounts change frequently and vary by operator, council and local authority. Everything on this page is indicative and provided on a best-endeavours basis. Always check the sign, the operator or the issuing authority before you rely on a figure.
Frequently Asked Questions
Where Can I Park Near King Station?
King Station is at 71 Yonge Street in Toronto Centre and does not have a station car park identified for drivers. Nearby Parksy spaces include One King West valet parking at 20 m for $17.97 an hour, Brookfield Place at 140 m for $12.99 an hour, and monthly parking at 88 Scott Street, 110 m away, for $175 a month.
Does King Station Have Car Parking for Drivers?
The TTC station page does not identify a station car park for drivers. The uncovered parking identified at the Melinda Street entrance is for bicycles, as is the nearby City of Toronto bike parking west of Yonge Street from King Street. Drivers therefore need to use a nearby private space or follow posted City of Toronto restrictions.
What Is the Closest Parking Near King Station?
The closest listed options are two valet spaces at One King West, each 20 m from the station and priced at $17.97 an hour.
What Is the Cheapest Hourly Parking Near King Station?
Brookfield Place offers secure parking 140 m away for $12.99 an hour, the lowest priced hourly Parksy option listed near the station. The One King West valet spaces cost $17.97 an hour at 20 m, while secure underground parking with 24/7 access is 140 m away for $20 an hour.
What Monthly Parking Options Are Near King Station?
Monthly options include parking at 88 Scott Street, 110 m away, for $175 a month, and a space at 1 Toronto Street, 180 m away, for $290 a month. The 88 Scott Street option suits regular commuters seeking a lower monthly cost, while 1 Toronto Street is farther from the station.
How Far Is Union From King Station?
Union is the nearest station to King Station, at 420 m or a 6-minute walk. Drivers using a nearby Parksy space can combine the car trip with the subway network or continue on foot toward Union when that station better matches the onward journey.
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