Does my parking spot or storage locker actually belong to me in an Ontario condo?

Not always — and this is a frequently misunderstood point. In Ontario condominiums, parking spaces and storage lockers can be structured in three different ways, and only one of them gives you outright ownership.

First, they may be a separate unit registered on title — in that case, you own them as distinct parcels and can sell or lease them independently of your residential unit (subject to any declaration restrictions). Second, they may be a limited common element, meaning the space is part of the common elements but is designated exclusively for your use. You have the right to use it but do not own it separately, and typically cannot sell or transfer it independently. Third, they may be covered by an exclusive-use licence granted in the declaration rather than a property right at all.

Check the purchase agreement, the declaration, and the survey plan to understand which structure applies. When buying resale, confirm that any parking or locker described by the seller is actually conveyed with the unit on title.