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Information on Calgary City Centre 51ft+ Wide Lots
You'll notice that many of the homes & lots listed below are being sold as homes and not lots. That may (or may not) be because their best use is in fact as a dwelling in it's current form. However often, the best use for these wide properties is for development. Investors and builders seek out lots over 51 feet because they know they can comfortably fit two single family detached infill homes on them. This drives the price of these properties (in the long run, lot price equals built home sale price minus profit minus construction costs). Some people buy these as holding properties in Calgary, especially if they also happen to have two suites in them, as they can rent both suites, sometimes remaining cash-flow positive.
Calgary City Centre 51ft+ Wide Lots Listings
$749,000
$1,900,000
$4,450,000
$2,399,900
$950,000
$750,000
$949,000
$839,900
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