$ 1,300,000
11868 87 AVENUE Delta, BC V4C3A1
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$ 1,300,000
Est. payment | /mo
7,551 Sqft Lot
$ 1,300,000
Est. payment | /mo
7,551 Sqft Lot
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
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Century 21 Coastal Realty Ltd.