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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy.

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. 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 multiple properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, and 11854-87 Ave.

About This Property

MLS #: R2935887

$2,600,000

11854 87 Avenue
Delta, BC V4C 3A1

Listing courtesy of: 6042945

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Additional Information

Approx. Year Built

1959

Status

Active

Title to Land

Freehold NonStrata

Maintenance Fee

$null

Price / SqFt

$2680.41

Days on Market

463

Exterior Features

Style

Residential Detached

Site Influences

null

Lot Size (Sq Mtrs)

null

Lot Size (Hectares)

null

View

false

View Details

null

Parking

Carport Multiple, Front Access, Asphalt, Concrete

Total Parking Places

4

Floor Levels

2

Interior Features

Total Bedrooms

4

Features Included

null

Half Baths

0

Full Baths

2

Amenities

null

Fuel/Heating

Electric, Forced Air

Fireplaces

0

Basement Area

Finished

Location Details

Area

N. Delta

Sub-Area/Community

Annieville

Region

Fraser Valley

4

Bedrooms

2

Bathrooms

970

Sq. Feet

type

Single Family Residence

$2,680

Per Sq. Feet

Mortgage Calculator

$8,657

Monthly Payment

address

$1,000,000.00 USD

beds

baths

sqft

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