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. (id:44393)
| MLS® Number | R3062921 |
| Property Type | Vacant Land |
| Acreage | No |
| Size Irregular | 7551 |
| Size Total | 7551 Sqft |
| Size Total Text | 7551 Sqft |
https://www.realtor.ca/real-estate/29054287/11872-87-avenue-delta
Contact us for more information
Ranjit Pataria
Personal Real Estate Corporation
(604) 599-4888
(604) 507-8851
www.c21coastal.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
