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. (id:58426)
| MLS® Number | R2935890 |
| Property Type | Vacant Land |
| Neigbourhood | Social Heart |
| Acreage | No |
| SizeIrregular | 7551 |
| SizeTotal | 7551 Sqft |
| SizeTotalText | 7551 Sqft |
https://www.realtor.ca/real-estate/27570498/11872-87-avenue-delta
Contact us for more information
Ranjit Pataria
Personal Real Estate Corporation
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