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 multiple properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, and 11854-87 Ave. (id:54441)
MLS® Number | R2936431 |
Property Type | Single Family |
Parking Space Total | 4 |
View Type | Mountain View |
Bathroom Total | 2 |
Bedrooms Total | 5 |
Age | 58 Years |
Architectural Style | Other |
Basement Development | Finished |
Basement Type | Unknown (finished) |
Construction Style Attachment | Detached |
Heating Fuel | Electric |
Heating Type | Forced Air |
Size Interior | 2666 Sqft |
Type | House |
Utility Water | Municipal Water |
Carport |
Acreage | No |
Sewer | Sanitary Sewer, Storm Sewer |
Size Irregular | 7474 |
Size Total | 7474 Sqft |
Size Total Text | 7474 Sqft |
Electricity | Available |
Natural Gas | Available |
Water | Available |
https://www.realtor.ca/real-estate/27570531/11867-86a-avenue-delta
Contact us for more information
Ranjit Pataria
Personal Real Estate Corporation
(604) 599-4888
(604) 507-8851
www.c21coastal.ca/