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Listing Details

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Data was last updated 2024-10-22 at 22:45:45 GMT

11867 86A AVENUE   Delta, BC

$2,600,000
MLS®: R2936431
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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. The existing house generates $3,000 in rent (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, 11872-87 Ave, 11853-86A Ave, and 11854-87 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. The existing house generates $3,000 in rent (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, 11872-87 Ave, 11853-86A Ave, and 11854-87 Ave.

Listing Information

Prop. Type:
House/Single Family
Property Style:
Basement Entry
Status:
Active
City:
Delta
Bedrooms:
5
Full Bathrooms:
2
Neighborhood:
Annieville
Area:
N. Delta
Province:
BC
MLS® Number:
R2936431
Added On:
Oct 16, 2024
Listing Price:
$2,600,000
Taxes:
$4,918

General Information

Year Built:
1967
Flr Area Fin - Total:
2666 ft2
Floor Area Finish - Main Floor:
1333 ft2
Tax Year:
2024
Lot Size (sqft):
7474.00 ft2
Lot Size (Acres):
0.17
Frontage:
74.00 ft2
Total Square Feet:
2666ft2

Additional Information

Basement Area:
Fully Finished

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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.