Size
1850 sqft
Lot size
698.45 sqm
Street frontage
-
Possession
-
Price per sqm
$15,116
Taxes
$4,886.46 (2024)
Parking Type
Owned
Style
-
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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, 11854-87 Ave and 11867-86A Ave.
Broker: Century 21 Coastal Realty Ltd.
MLS®#: R2935886
Property details
Parking:
4
Parking type:
Owned
Property type:
Other
Heating type:
-
Style:
-
MLS Size:
172 sqm
Lot front:
22.56 M
Lot depth:
31.09 M
Listed on:
Oct 22, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Living Room | 6.0 x 3.7 m | |
Main | Kitchen | 3.9 x 2.5 m | |
Main | Dining Room | 3.1 x 2.5 m | |
Main | Foyer | 1.8 x 2.0 m | |
Main | Bedroom | 3.6 x 3.6 m | |
Main | Bedroom | 3.6 x 2.8 m | |
Main | Bedroom | 3.3 x 3.0 m | |
Main | Bedroom | 3.2 x 3.4 m | |
Main | Primary Bedroom | 4.0 x 3.8 m |
Instant estimate:
orto view instant estimate
$380,323
lower than listed pricei
High
$2,318,508
Mid
$2,219,677
Low
$2,150,198
