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.
Data was last updated May 2, 2025 at 03:35 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,149,000
Min list price:
$899,000
Max list price:
$1,329,000
Avg days on market:
115
Min days on market:
2
Max days on market:
198
These statistics are generated based on the current listing's property type
and located in
N. Delta. Average values are
derived using median calculations.