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RE/MAX Crest Realty
300 – 1195 W Broadway, Vancouver, BC V6H 3X5
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E: les@6717000.com
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- ©MLS R2936431
- Area 2666 sq ft
- Bedrooms 5
- Bathrooms 2
- Parkings 4
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. (id:48970) Show More
Details
- Age: 57 Years
- Property Type: Single Family
- Type: House
- Architectural Style: Other
Features
- Mountain view
- Forced air
Location
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Fraser Valley Real Estate Board