Data was last updated 2024-10-22 at 22:44:48 GMT
$2,600,000

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.
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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This property is listed by Century 21 Coastal Realty Ltd. and provided here courtesy of Todd Pocklington and Donald Watson. For more information or to schedule a viewing please contact Todd Pocklington and Donald Watson.
Todd Pocklington and Donald Watson
Royal LePage Sussex
Phone: 604-607-5888
Mobile Phone: 604-607-5888
Inquire Via Email
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