11867 86a Avenue, Annieville, Delta

$2,600,000 |   MLS® Number  R2936431

House for sale in Annieville, Delta, N. Delta, 11867 86a Avenue, 262958058 | Realtylink.org

House for sale, 11 rooms, 5 bedrooms, 2 bathrooms

Style
Basement Entry
Year Built
1967
Floor Area
2,666 sqft
Lot Size
7,474 sqft
Lot Frontage
74 ft
Parking Spaces
4
Property Taxes
$4,918 (2024)
73

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 11854-87 Ave.