11854 87 AVENUE
Annieville, Delta, BC

Active
$2,600,000
Listed By: Century 21 Coastal Realty Ltd.
Listed 1 month ago

Details

Beds
4
Bath
2
Kitchens
2
Built
1959
Living Area
1968 SqFt.
Lot Size
7474 SqFt.
Frontage
74.00 Feet
Depth
101 Feet

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.

Location

Technical Information

MLS® # R2935887
Property Type House
Dwelling Type House/Single Family
Home Style Basement Entry
Kitchens 2
Year Built 1959
Parking Carport; Multiple
Tax $4,926 in 2024

Floor Area (sq. ft.)

Main Floor 970
Below 998
Total 1,968
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Sold History
Bylaw Restrictions
Room Sizes

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10/16/2024

This Property

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Recently Sold Houses In Annieville, Delta

Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
11/17/2024

11397 85a Avenue

4 2 1 Login to View ( -2.7%) Login to View 11 2 1972 2,166 sqft 6,314 sqft
11/08/2024

9327 117 Street

5 3 2 Login to View ( -4.9%) Login to View 53 2 1972 2,502 sqft 7,625 sqft
11/06/2024

11130 Knudson Road

6 5 3 Login to View ( -1.3%) Login to View 7 2 1969 3,550 sqft 11,081 sqft
10/24/2024

11681 94 Avenue

4 2 1 Login to View ( -2.8%) Login to View 27 2 1967 2,006 sqft 6,736 sqft
10/20/2024

8942 Emwood Place

3 2 1 Login to View ( -4.4%) Login to View 5 2 1976 2,126 sqft 8,247 sqft
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11552 84a Avenue

4 3 1 Login to View ( -5.5%) Login to View 27 2 1970 1,990 sqft 6,395 sqft
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11367 Kendale Place

4 2 1 Login to View ( -3.0%) Login to View 4 2 1966 2,184 sqft 6,650 sqft
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11324 Kendale Way

5 3 2 Login to View ( -3.0%) Login to View 29 2 1966 2,246 sqft 7,222 sqft
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11741 92 Avenue

9 7 4 Login to View ( -0.9%) Login to View 6 2 1967 3,242 sqft 6,910 sqft
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8531 116a Street

5 3 2 Login to View ( -0.8%) Login to View 60 2 1971 2,324 sqft 6,008 sqft

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.