Multi-family for sale
5262 Ladner Trunk Road, Delta Manor, Delta
$11,800,000
Features
Year Built
1972
Lot Size
41,334 sqft
Gross Property Tax
$29,687.17 /year
Building Type
Low Rise (2-4 storeys)
Zoning
CD79
# of Parking Spaces
35
Description
Very rare opportunity to purchase a 28 units apartment building/condo redevelopment site in Central Ladner Delta.Current Status is an existing 3-storey 28 unit(8 one bed;20 two bed) rental apartment building with an annual rental income of $400,000;No vacancy. In the rezoning and Development Permit process, proposal for a new 4 storey multi-family building with a density of up to 1.475 FSR consisting of 69 dwelling units of: 42 strata units and 27 rental units. Well maintain building with new renovation in the units.Very Strong consistent cash flowlocation ,goodholding property with for futureredevelopment.Located steps from transit and the only 2 shopping centers in the center of Ladner with all other amenities close by. Call for details info.
MLS® Number C8037228