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. (id:58426)
| MLS® Number | R2935887 |
| Property Type | Single Family |
| Neigbourhood | Kennedy |
| ParkingSpaceTotal | 4 |
| ViewType | Mountain View |
| BathroomTotal | 2 |
| BedroomsTotal | 4 |
| Age | 65 Years |
| ArchitecturalStyle | Other |
| BasementDevelopment | Finished |
| BasementType | Unknown (finished) |
| ConstructionStyleAttachment | Detached |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| SizeInterior | 1968 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Carport |
| Acreage | No |
| Sewer | Sanitary Sewer, Storm Sewer |
| SizeIrregular | 7474 |
| SizeTotal | 7474 Sqft |
| SizeTotalText | 7474 Sqft |
| Electricity | Available |
| Natural Gas | Available |
| Water | Available |
https://www.realtor.ca/real-estate/27570530/11854-87-avenue-delta
Contact us for more information
Ranjit Pataria
Personal Real Estate Corporation
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
