BC > Delta
Delta, BC V4C 3A1,11854 87 AVE
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Simone Clarke

Simone Clarke

+1(604) 916-9241
Listed by Century 21 Coastal Realty Ltd.
$ 2,600,000
Est. payment | /mo

4 Beds

2 Baths

1,968 SqFt

Save
$ 2,600,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,968 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,968 sqft

Price per Sqft $1,321

MLS Listing ID R2935887

Style Basement Entry

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1959

Lot Size 7,405 Sqft

Property Sub-Type Single Family Residence

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. 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.

Location

Province BC

Community Annieville

Area N. Delta

Zoning RD3

Rooms

Kitchen 2

Interior

Heating Electric, Forced Air

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N No

Roof Type Asphalt

Porch Sundeck

Total Parking Spaces 4

Garage No

Building

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water Public

Others

Ownership Freehold NonStrata

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(604) 916-9241

simone@osclarke.com

666 Burrard St Suite 500, Vancouver BC, V6C, 3P6, CAN

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11854 87 AVE