Delta, BC V4C 3A1,11867 86a AVE
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$ 2,600,000
Est. payment | /mo

5 Beds

2 Baths

2,666 SqFt


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$ 2,600,000
Est. payment | /mo
Save

5 Beds

2 Baths

2,666 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,666 sqft

Price per Sqft $975

MLS Listing ID R2936431

Style Basement Entry

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1967

Lot Size 7,405 Sqft

Property Sub-Type Single Family Residence

Property 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. The existing house generates $3,000 in rent (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 5 properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11854-87 Ave.

Location

Province BC

Community Annieville

Area N. Delta

Zoning RD3

Rooms

Kitchen 2

Interior

Heating Electric, Forced Air

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N No

Roof Type Asphalt

Porch Sundeck

Garage No

Building

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water Public

REBGV/FVREB/Chilliwack/BC Northern (Residential IDX)

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11867 86a AVE