$1,300,000
11868 87 AVENUE
Delta, British Columbia, V4C3A1
About This Property
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. (id:64938)
Quick Info
MLS#
R3062920
Days on Market
138
Listed On
Oct 31, 2025
Aman Nanda
Personal Real Estate Corporation
Property Details
Architecture
Property Features
Tax / Financial
Location
Mortgage Calculator
5-Year FixedYour monthly payment
$5,455
Incl. tax & strata
Aman Nanda
DLC AIMI Collective Mortgage Group
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Listing Office
Listing provided courtesy of Century 21 Coastal Realty Ltd.
Aman Nanda
Personal Real Estate Corporation
