BC > Delta
Delta, BC V4C 3A1,11872 87 AVE
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Alex Burns

Alex Burns

+1(250) 882-3335
Listed by Century 21 Coastal Realty Ltd.
$ 1,300,000
Est. payment | /mo

7,405 Sqft Lot

Save
$ 1,300,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID R3062921

HOA Y/N No

Lot Size 7,405 Sqft

Property Description

This almost 30,000 sq ft land assembly in the Annieville neighborhood of North Delta offers an exciting opportunity for multifamily development. Its location within 800 meters of Transit-Oriented Areas enhances accessibility. The new Delta OCP permits up to 6 story, allowing for flexible design and density. Major amenities are within walking distance, making it appealing to potential residents. The existing house generates $3,000 in rent (total land assembly rent is $10,000), providing immediate cash flow. The application submitted to the City of Delta for Approximately 89500 Sq Ft Buildable area for 119 Units in total. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11854-87 Ave, 11853-86A Ave, and 11867-86A Ave.

Location

Province BC

Community Annieville

Area N. Delta

Zoning RS7

Exterior

Utilities Available Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected

View Y/N No

Exposure North

Garage No

Building

Water Public

Locker No

Others

Ownership Freehold NonStrata

REBGV/FVREB/Chilliwack/BC Northern (Residential IDX)
Alex Burns

+1(250) 882-3335

info@victoriahomes.com

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