11854 87 Avenue Delta, British Columbia V4C 3A1
$2,600,000
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. 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 11868-87 Ave, 11872-87 Ave, and 11854-87 Ave. (id:52823)
Property Details
| MLS® Number | R2935887 |
| Property Type | Single Family |
| Parking Space Total | 4 |
| View Type | Mountain View |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Age | 66 Years |
| Architectural Style | Other |
| Basement Development | Finished |
| Basement Type | Unknown (finished) |
| Construction Style Attachment | Detached |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Interior | 1,968 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Carport |
Land
| Acreage | No |
| Sewer | Sanitary Sewer, Storm Sewer |
| Size Irregular | 7474 |
| Size Total | 7474 Sqft |
| Size Total Text | 7474 Sqft |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Water | Available |
5 public & 6 Catholic schools serve this home. Of these, 2 have catchments. There are 3 private schools nearby.
3 sports fields, 3 playgrounds and 4 other facilities are within a 20 min walk of this home.
Street transit stop less than a 4 min walk away. Rail transit stop less than 5 km away.
https://www.realtor.ca/real-estate/27570530/11854-87-avenue-delta
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June 13 2025 01:16:47
Fraser Valley Real Estate Board
Century 21 Coastal Realty Ltd.