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| Yes this is why we would like a foldable treadmill. We have a basement which is large enough but it also doubles as a wine cellar and work area.... most of the space is reserved for the wine  | |
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When it's folded it still occupies a lot of space and it's not like you put it in a corner and you take it out when you exercise. You need space, at least for a Paragon. Less wine is better.
As for the noise, somebody asked - yeah, definitely a factor to be taken into consideration if you have neighbours downstairs. Older buildings have poor insulation here. Even if you cushion the surface you place it on, I wouldn't vouch this is noise free for the neighbours. But then again you don't exercise during the night or at totally inappropriate hours.