11868 87 Avenue, Delta, BC
- 0 beds
- 0 baths
- lot size: 7,551 sqft
- R2935889
$1,300,000
Secondary Information
General Info
Status
Active
Sub-Area
Annieville
Area
N. Delta |
City
Delta
Province
BC
Taxes
$4,251 / 2024 |
Property Type
Land |
SIZE: N/A | TAXES (2024): $4,251 |
MLS®: R2935889 | |
TYPE: Land | $/Sq.Ft: N/A |
SUBAREA: Annieville |
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 storeys, allowing for flexible design and density. Major amenities are within walking distance, making it appealing to potential residents. 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 11854-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave.
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Listing Courtesy of Century 21 Coastal Realty Ltd.
