87 Avenue

For Sale New 7 hours
$1,300,000

87 Avenue

For Sale New 7 hours
$1,300,000

Highlights

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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 11854-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave.

MLS®#R3062920
updated 3 hours ago.
Houseful checked MLS® for data 3 hours ago.

Home overview

Exterior
  • Fencing
    None
Location
  • Area
    Bc
  • Water source
    Public
  • Zoning description
    Rs7
Lot/ Land Details
  • Lot dimensions
    7551.0
Overview
  • Lot size (acres)
    0.17
  • Building size
    7551.0
  • Mls® #
    R3062920
  • Property sub type
    Land
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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