BC > Delta
Delta, BC V4C3A1,11868 87 AVENUE

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Additional details
Nader Bakhoum, P.Eng.

Nader Bakhoum, P.Eng.

+1(604) 612-7228
$ 1,300,000
Est. payment | /mo

7,551 Sqft Lot

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

7,551 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID R3062920

Lot Size 7,551 Sqft

Acres 7551.0

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 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 11854-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

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Listed by Century 21 Coastal Realty Ltd.
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11868 87 AVENUE