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Listed by Century 21 Coastal Realty Ltd.
$ 1,300,000
Est. payment /mo
Active
11872 87 AVE Delta, BC V4C 3A1
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID R2935890
HOA Y/N No
Lot Size 7,405 Sqft
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 11868-87 Ave, 11854-87 Ave, 11853-86A Ave, and 11867-86A Ave.
Location
Province BC
Community Annieville
Area N. Delta
Zoning RS7
Exterior
Utilities Available Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
View Y/N No
Exposure North
Garage No
Building
Water Public
Others
Ownership Freehold NonStrata
