11868 87 AVENUE Active

Delta,BC V4C3A1

$ 1300000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS Listing ID R2935889

Originating Board Fraser Valley Real Estate Board

Lot Size 7,551 Sqft

Acres 7551.0

Property 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. (id:24570)

Location

Province BC

Exterior

Garage No

View Y/N No

Private Pool No

Others

Ownership Freehold

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