11872 87 Avenue, Delta, V4C 3A1

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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. 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 11854-87 Ave, 11872-87 Ave, and 11867-86A Ave.

1 year

On Market

Vacant Land

Property Type

$4,213 / Year

Est. Taxes

Other

Style

-

Garage

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Basement