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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Basement Entry
Year built:
1959
(Age: 66)
Living Area:
1,968 sq. ft.183 m2
Building Area - Total:
1,968 sq. ft.183 m2
Bedrooms:
4
(Above Grd: 4)
Bathrooms:
2.0
(Full:2/Half:0)
Taxes:
$4,926.02 /
2024
Lot Area:
7,405.2 sq. ft.688 m2
Lot Frontage:
74'22.6 m
Lot Details:
74 x 101
Construction Materials:
Concrete, Frame Wood, Stucco, Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
970 sq. ft.90.1 m2
Floor Area Fin - Total:
1,968 sq. ft.183 m2
Patio And Porch Features:
Sundeck
Parking Features:
Carport Multiple, Front Access, Asphalt, Concrete
Parking:
Carport Multiple
Parking Total/Covered:
4 / -
Driveway:
Asphalt Parking, Concrete Parking
Exterior Entry
1
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Data was last updated June 3, 2025 at 01:40 PM (UTC)
Area Statistics
Listings on market:
102
Avg list price:
$1,362,440
Min list price:
$339,000
Max list price:
$3,700,000
Avg days on market:
50
Min days on market:
1
Max days on market:
277
Avg price per sq.ft.:
$604.75
These statistics are generated based on the current listing's property type
and located in
Annieville. Average values are
derived using median calculations.