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Contact your
REALTOR® for this property
Ian Brett
Phone: (604) 968-7539 ian@captainvancouver.com |
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Property Details | |||
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. (id:5347) | |||
Property Value: | $2,600,000 | Living Area: | 1850 sq.ft. |
Year Built: | Bedrooms: | 5 | |
House Type: | House | Bathrooms: | 2 |
Property Type: | Single Family | Owner Type: | Freehold |
View: Mountain view Added to MLS: 2024-10-24 00:30:03 |