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Home BC Metro Vancouver Delta Kennedy Heights
11868 87 AVENUE
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11868 87 AVENUE $1,300,000
$1,300,000
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11868 87 AVENUE
Delta, British Columbia V4C3A1

MLS® Number: R2935889

Listing 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. (30506385)

Property Summary

Property Type
Vacant Land
Title
Freehold
Land Size
7551 sqft
Annual Property Taxes
$4,251.43
Time on REALTOR.ca
29 days
Data provided by: Fraser Valley Real Estate Board 15463 104th Avenue, Surrey, British Columbia V3R 1N9

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