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 11854-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave. (id:44393)
| MLS® Number | R3062920 |
| Property Type | Vacant Land |
| Acreage | No |
| Size Irregular | 7551 |
| Size Total | 7551 Sqft |
| Size Total Text | 7551 Sqft |
https://www.realtor.ca/real-estate/29054286/11868-87-avenue-delta
Contact us for more information
Ranjit Pataria
Personal Real Estate Corporation
(604) 599-4888
(604) 507-8851
www.c21coastal.ca/
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