House for sale

11854 87 Avenue, Annieville, Delta

$2,600,000 or
Contact the REALTOR®
House for sale in Annieville, Delta, N. Delta, 11854 87 Avenue, 262957514 | Realtylink.org
$2,600,000 or

House for sale

11854 87 Avenue, Annieville, Delta

Features

Lifestyle
9 rooms
4 bedrooms
2 bathrooms
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Style
Basement Entry
Year Built
1959
Floor Area
1,968 sqft
Lot Size
7,474 sqft
Lot Frontage
74 ft
Parking Spaces
4
Property Taxes
$4,926 (2024)

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. 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.
MLS® Number R2935887

Listing REALTOR®

Ranjit Pataria, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Ranjit Pataria

REALTOR®, Personal Real Estate Corporation
604-374-5409

Century 21 Coastal Realty Ltd.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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