Residential parking restriction will be in place in parts of Vancouver during the Winter Games. (City of Vancouver)

The City of Vancouver has started to put up residents-only parking signs near two key Olympic venues, meaning only vehicles with insurance registered on those blocks will be eligible for parking during the Games.

The residential parking restrictions will apply to a 10-block radius around the Pacific Coliseum from Feb. 12 to 28, and around the curling venue at Hillcrest Park from Feb. 12 to 28 and from Mar. 12 to 21 during the Paralympic Games.

Vancouver parking management engineer Carly Edwards said by-law enforcement officers will be checking the vehicle registration of vehicles parked in affected areas to see if they match addresses within one or two blocks.

The restrictions are being put in place to prevent people attending Olympic and Paralympic events from parking in the neighbourhoods.

"There's no spectator parking at the venues and we cannot have people coming to the venues and parking in these residential streets and basically clogging up the streets and taking them away from residents," said Edwards.

People living in illegal suites will still be able to park on the street if their vehicles are registered to an address on that block.

But other people, such as non-resident homecare workers or those with company vehicles, courtesy cars, or rental vehicles registered through a different address will have to get a temporary parking permit at city hall at no charge.

Residents with guests from out of town during the Games will be able to buy a visitor parking permit for $10 dollars a week, but it can only be used for one specific vehicle that must be registered outside the Lower Mainland.

Notices have been sent out to affected residents to advise them of the coming restrictions.