11854 87 AVENUE, Delta
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. 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 11867-86A Ave.
General Info
- MLS Listing ID: R2935887
- Bedrooms: 4
- Bathrooms: 2
- Year Built: N/A
- Half Baths: N/A
- Fireplace Fuel: N/A
- Maintenance Fee: N/A
- Listing Type: Single Family
- Parking: Carport
- Heating: Forced air
- Air Conditioning : N/A
- Foundation: N/A
- Roof: N/A
- Home Style: N/A
- Finished Floor Area: N/A
- Fireplaces: N/A
- Lotsize: 7474 sqft
- Title To Land: Freehold
- Parking Space Total: 4
- Water Supply: Municipal water
- Road Type: N/A
- Pool Type: N/A
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Agents Info
- Manjit Virdi
- Tel: (604) 710-6497
- Officephone: (778) 564-3008
- Email: [email protected]
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