Delta, BC V4C 3A1,11872 87 AVE
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$ 1,300,000
Est. payment | /mo

7,405 Sqft Lot


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

7,405 Sqft Lot

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

Garage No

Building

Water Public

REBGV/FVREB/Chilliwack/BC Northern (Residential IDX)
advisor-avatar

+1(778) 861-2129

chris@vancouverinsider.ca

# 500 666 burrard street, vancouver, BC, Canada

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11872 87 AVE