11868 87 AVE Active Save Request In-Person Tour Request Virtual Tour
Delta,BC V4C 3A1
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,551 sqft
Price per Sqft $172
Subdivision Annieville
MLS Listing ID R2935889
Annual Tax Amount $4,251
Tax Year 2024
Lot Size 7,551 Sqft
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. 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.
Location
Province BC
Community Annieville
Area N. Delta
Zoning RS7
Building
Sewer At Lot Line
Water City/Municipal