Carnival is back for it's 16th year and this year they've added a "walkathon" registration. Attending is still free for the festival audience and it all ends in food and music at Westchester Park.
See the 2011 gallery for more of what you can expect. And view the eventbrite link for more information on the parade route.
Parking can be found along the parade route or near Westchester Park (get there early before the street closures) but be prepared to walk the length of the route if you want a variety of images.