Delta, BC V4C3A1,11872 87 AVENUE
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$ 1,300,000
Est. payment | /mo

7,551 Sqft Lot


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$ 1,300,000
Est. payment | /mo
Save

7,551 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID R2935890

Originating Board Fraser Valley Real Estate Board

Lot Size 7,551 Sqft

Acres 7551.0

Property Sub-Type Freehold

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. (id:24570)

Location

State BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

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Listed by Century 21 Coastal Realty Ltd.
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3009 23 St NE, Calgary, AB, CAN

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11872 87 AVENUE