Listing Details

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Data was last updated 2024-10-22 at 20:45:45 GMT

11872 87 AVENUE   Delta, BC

$1,300,000
MLS®: R2935890
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.

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.

Listing Information

Prop. Type:
Land
Status:
Active
County:
Delta
Neighborhood:
Annieville
Area:
N. Delta
Province:
BC
MLS® Number:
R2935890
Added On:
Oct 16, 2024
Listing Price:
$1,300,000
Taxes:
$4,213

General Information

Tax Year:
2024
Lot Size (Acres):
0.17
Frontage:
37.00
This property is listed by Century 21 Coastal Realty Ltd. and provided here courtesy of John Doe. For more information or to schedule a viewing please contact John Doe.
John Doe
Demo Two Realty
Phone: 844-257-9396
Mobile Phone: 844-257-9396
Inquire Via Email
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