With developers endlessly gobbling up parking lots for new condo and retail developments, parking in the city can be hard to come by. Even when you do find one, life doesn't seem to get any easier.

This can be especially frustrating for those looking to rent a spot monthly, or annually, since many lots can charge ridiculous prices for these coveted patches of pavement. Thankfully, there's a new Web-two-point-oh site on the scene, ParkingSpots.com, that hopes to alleviate many of the headaches prospective renters and owners experience trying to connect with each other.

The site is currently offering service across the US and Canada, making use of some nifty Google Maps integration to make tracking down a nearby spot a fairly trivial matter for renters. What this means is that you can fairly easily search in the area of your choosing by address, intersection, or by just dragging the map around.

Availability of spots in downtown Toronto is fairly limited at this point, but will surely grow as the site gains traction.

When it comes time to actually requesting to rent a spot, ParkingSpots.com acts more or less like a real estate broker, taking a 10% cut of the rent for short term rentals (up to 6 months) or a one month cut of the pie for longer-termed rentals.

It's free to list your spot on the site - you only pay once they connect you with a renter. The bonus here is the renters only need to pay the owner of the spot, and can use the site for free to track down parking.

This is one of many useful Google Maps Mashups that we're sure to see more of as time goes by and Toronto's condo boom continues.

Let us know in the comments if you've used ParkingSpots.com and what you think of it.

Photo by blogTO Flickr pool'er photoderek