87 Avenue Unit 11868

For Sale 317 Days
$1,300,000

87 Avenue Unit 11868

For Sale 317 Days
$1,300,000

Highlights

Key insights

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. 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 multiple properties and must be sold in conjunction with 11854-87 Ave, 11872-87 Ave, and 11867-86A Ave. (id:55581)

Ranjit Pataria of Century 21 Coastal Realty Ltd.,
#R2935889
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Lot/ Land Details
  • Lot dimensions
    7551
Overview
  • Lot size (acres)
    0.17742011
  • Listing #
    R2935889
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/27570496/11868-87-avenue-delta
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,467

/ Month
25 Years fixed, 20% down payment, % interest
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