Delta, BC V4C 3A1,11854 87 AVE
$2,600,000
Est. payment /mo
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4 BD
2 BA
1,968 SqFt
Active

11854 87 AVE Delta, BC V4C 3A1

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UPDATED:

10/22/2024 10:44 PM

Key Details

Property Type Single Family Home

Sub Type House/Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,968 sqft

Price per Sqft $1,321

Subdivision Annieville

MLS Listing ID R2935887

Style Basement Entry

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 970

Total Fin. Sqft 1968

Year Built 1959

Annual Tax Amount $4,926

Tax Year 2024

Lot Size 7,474 Sqft

Acres 0.17

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 11867-86A Ave.

Location

Province BC

Community Annieville

Area N. Delta

Zoning RD3

Rooms

Other Rooms Kitchen

Basement Fully Finished

Kitchen 2

Separate Den/Office N

Interior

Heating Electric, Forced Air

Heat Source Electric, Forced Air

Exterior

Exterior Feature Sundeck(s)

Parking Features Carport; Multiple

Roof Type Asphalt

Lot Frontage 74.0

Lot Depth 101.0

Total Parking Spaces 4

Building

Dwelling Type House/Single Family

Story 2

Sewer City/Municipal

Water City/Municipal

Structure Type Concrete,Frame - Wood

Others

Tax ID 010-507-876

Ownership Freehold NonStrata

Energy Description Electric,Forced Air


Real Estate Board of Greater Vancouver(REBGV) non-commercial
Listed by Century 21 Coastal Realty Ltd.

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Erin Price Emery

Real Estate Agent

+1(604) 767-7725

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11854 87 AVE