Delta, BC V4C3A1,11854 87 AVENUE
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$ 2,600,000
Est. payment | /mo

4 Beds

2 Baths

1,968 SqFt


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$ 2,600,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,968 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,968 sqft

Price per Sqft $1,321

MLS® Listing ID R3062902

Style Other

Bedrooms 4

Lot Size 7,474 Sqft

Acres 7474.0

Property Sub-Type Freehold

Source Fraser Valley Real Estate Board

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 storeys, 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, 11872-87 Ave, 11853 - 87A Ave and 11867-86A Ave. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating , Forced air

Exterior

Parking Features Yes

View Y/N Yes

View Mountain view

Total Parking Spaces 4

Private Pool No

Building

Sewer Sanitary sewer, Storm sewer

Architectural Style Other

Others

Ownership Freehold

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Listed by Century 21 Coastal Realty Ltd.
Lynn Boyarski

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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11854 87 AVENUE