778-889-8826
[email protected]
Logo
Communities
Sellers
Buyers
Blog
Meet the Team
1
$1,300,000 Sale
Listed 22 hours ago
11868 87 Avenue
· 0
· 0
· -
· -
Key Facts
Key facts for 11868 87 Avenue
Property Type
Other
Parking
-
MLS #
R3062920
Size
-
Basement
-
Listed on
-
Lot size
7551.00 sqft
Tax
$1 /yr
Days on Market
-
Year Built
-
Maintenance Fee
-
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.
Similar Properties (No results)
Courtesy of: Century 21 Coastal Realty Ltd.