11868 87 Avenue Delta, British Columbia V4C 3A1
$1,300,000
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 11854-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave. (id:46227)
Property Details
| MLS® Number | R2935889 |
| Property Type | Vacant Land |
Building
Land
| Acreage | No |
| Size Irregular | 7551 |
| Size Total | 7551 Sqft |
| Size Total Text | 7551 Sqft |
https://www.realtor.ca/real-estate/27570496/11868-87-avenue-delta
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October 23 2024 01:06:13
Fraser Valley Real Estate Board
Century 21 Coastal Realty Ltd.