11872 87 Avenue in Delta: Annieville Land for sale (N. Delta) : MLS®# R2935890

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11872 87 Avenue
Annieville Delta V4C 3A1

$1,300,000
Land Only

Main Photo: 11872 87 Avenue in Delta: Annieville Land for sale (N. Delta) : MLS®# R2935890
Status:
Active
Prop. Type:
Land Only
MLS® Num:
R2935890
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 5 properties and must be sold in conjunction with 11868-87 Ave, 11854-87 Ave, 11853-86A Ave, and 11867-86A Ave.
Property Type:
Land Only
Taxes:
$4,213.15 / 2024
Lot Area:
7,551 sq. ft.
Lot Frontage:
37'
Lot Depth:
101.4
Title to Land:
Freehold NonStrata
  • Photo 1: 11872 87 Avenue in Delta: Annieville Land for sale (N. Delta) : MLS®# R2935890
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated January 2, 2025 at 01:10 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,200,000
Min list price:
$999,000
Max list price:
$1,300,000
Avg days on market:
78
Min days on market:
5
Max days on market:
134
These statistics are generated based on the current listing's property type and located in N. Delta. Average values are derived using median calculations.
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