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Home BC Metro Vancouver Delta Kennedy Heights
11854 87 AVENUE
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11854 87 AVENUE $2,600,000
$2,600,000
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11854 87 AVENUE
Delta, British Columbia V4C3A1

MLS® Number: R2935887
4
Bedrooms
2
Bathrooms
1968
Square Feet

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. 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, 11853-86A Ave, and 11867-86A Ave. (30506417)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1968 sqft
Title
Freehold
Land Size
7474 sqft
Age Of Building
65
Annual Property Taxes
$4,926.02
Parking Type
Carport
Time on REALTOR.ca
29 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Unknown (Finished)
Building Features
Style
Detached
Architecture Style
Other
Heating & Cooling
Heating Type
(Electric), Forced air
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Water (Available)
Utility Sewer
Sanitary sewer, Storm sewer
Water
Municipal water
Parking
Parking Type
Carport
Total Parking Spaces
4

Measurements

Square Footage
1968 sqft

Land

Lot Features
View
Mountain view
Data provided by: Fraser Valley Real Estate Board 15463 104th Avenue, Surrey, British Columbia V3R 1N9

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