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11854 87 Avenue

Delta, BC V4C 3A1
  • $2,600,000
  • STATUS: Active
  • ID#: R2935887
UPDATED: 49 min ago
$2,600,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,968
    SQFT
  • $1,321
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
Built:
1959
Area:

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.

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© 2024 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Last updated: 2024-12-11T19:54:21.26
www.pulserealestate.ca/homes/157037308
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11854 87 Avenue Delta, BC V4C 3A1

  • Price: $2,600,000
  • Status: Active
  • On Site: Days
  • Updated: 49 min ago
  • ID#: R2935887
4
Beds
2
Baths
0
½ Baths
0.17
Acres
1,968
SQFT
$1,321
$/SQFT
1959
Built
Neighbourhood:
Annieville
Area:
N. Delta
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.
Exterior Features

Depth 101 Frontage 74.00 Frontage Metric 22.56 Lot Sz Hectares 0.07 Lot Sz Sq Mtrs 694.36 Parking Carport; Multiple Parking Places Total 4

Interior Features

Basement Area Fully Finished Floor Area Fin Main Floor 970 Heating ElectricForced Air Total Baths 2

Property Features

For Tax Year 2024 Gross Taxes 4926.02 Short Region Code Fraser Valley Real Estate Board Style Of Home Basement Entry Title To Land Freehold NonStrata Type Of Dwelling House/Single Family

Canada - Vancouver, Fraser Valley, & Chilliwack BC logo Listing provided courtesy of Century 21 Coastal Realty Ltd.. © 2024 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
© 2024 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Last updated: 2024-12-11T19:54:21.26
 
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