11854 87 AVENUE Delta, BC

MLS^®: R2935887

URL:

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.

Listing Information

Prop. Type:: House/Single Family

Property Style:: Basement Entry

Status:: Active

City:: Delta

Bedrooms:: 4

Full Bathrooms:: 2

Neighborhood:: Annieville

Area:: N. Delta

Province:: BC

MLS^® Number:: R2935887

Added On:: Oct 16, 2024

Listing Price:: $2,600,000

Taxes:: $4,926

General Information

Year Built:: 1959
Flr Area Fin - Total:: 1968 ft²

Floor Area Finish - Main Floor:: 970 ft²
Tax Year:: 2024

Lot Size (sqft):: 7474.00 ft²
Lot Size (Acres):: 0.17

Frontage:: 74.00 ft²
Total Square Feet:: 1968ft²

Additional Information

Basement Area:: Fully Finished

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Location

Todd Pocklington and Donald Watson
Royal LePage Sussex
2397 Marine Drive, West Vancouver, BC
Office: 604-607-5888
Mobile: 604-607-5888
Fax: N/A

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