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Home BC Metro Vancouver Greater Vancouver Delta Kennedy Heights
11872 87 AVENUE
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11872 87 AVENUE $1,300,000
$1,300,000
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11872 87 AVENUE
Delta, British Columbia V4C3A1

MLS® Number: R3062921

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 story, 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. The application submitted to the City of Delta for Approximately 89500 Sq Ft Buildable area for 119 Units in total. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11854-87 Ave, 11853-86A Ave, and 11867-86A Ave. (32117208)

Property Summary

Property Type
Vacant Land
Title
Freehold
Land Size
7551 sqft
Annual Property Taxes
$1
Time on REALTOR.ca
41 days
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