11854 87 Avenue Delta, British Columbia V4C 3A1
$2,600,000
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. Preliminary drawings suggest the potential for around 110 units. The application process for submission to the City of Delta has commenced. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave. (id:46941)
Property Details
| MLS® Number | R2935887 |
| Property Type | Single Family |
| ParkingSpaceTotal | 4 |
| ViewType | Mountain View |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 4 |
| Age | 65 Years |
| ArchitecturalStyle | Other |
| BasementDevelopment | Finished |
| BasementType | Unknown (finished) |
| ConstructionStyleAttachment | Detached |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| SizeInterior | 1968 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Carport |
Land
| Acreage | No |
| Sewer | Sanitary Sewer, Storm Sewer |
| SizeIrregular | 7474 |
| SizeTotal | 7474 Sqft |
| SizeTotalText | 7474 Sqft |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Water | Available |
https://www.realtor.ca/real-estate/27570530/11854-87-avenue-delta
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October 23 2024 01:01:56
Fraser Valley Real Estate Board
Century 21 Coastal Realty Ltd.
