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Listing Details

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Data was last updated 2024-10-22 at 20:43:10 GMT

11868 87 AVENUE   Delta, BC

$1,300,000
MLS®: R2935889
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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.

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.

Listing Information

Prop. Type:
Land
Status:
Active
County:
Delta
Neighborhood:
Annieville
Area:
N. Delta
Province:
BC
MLS® Number:
R2935889
Added On:
Oct 16, 2024
Listing Price:
$1,300,000
Taxes:
$4,251

General Information

Tax Year:
2024
Lot Size (Acres):
0.17
Frontage:
37.00
This property is listed by Century 21 Coastal Realty Ltd. and provided here courtesy of Darryl Balkau. For more information or to schedule a viewing please contact Darryl Balkau.
Darryl Balkau
Sutton Group-West Coast (W.R.)
Phone: 604-538-8888
Inquire Via Email
The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Boards. Real estate listings held by participating real estate firms are marked with the MLS logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board neither of which assume any responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver and/or the Fraser Valley Real Estate Board.