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 story, 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 multiple properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, and 11854-87 Ave.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Basement Entry
Ownership:
Freehold NonStrata
Year built:
1959
(Age: 66)
Living Area:
1,968 sq. ft.183 m2
Building Area - Total:
1,968 sq. ft.183 m2
Bedrooms:
4
(Above Grd: 4)
Bathrooms:
2.0
(Full:2/Half:0)
Taxes:
$4,926.02 /
2024
Lot Area:
7,474 sq. ft.694 m2
Lot Frontage:
74'22.6 m
Lot Details:
74 x 101
Plan:
19573
Construction Materials:
Concrete, Frame Wood, Stucco, Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
970 sq. ft.90.1 m2
Floor Area Fin - Total:
1,968 sq. ft.183 m2
Patio And Porch Features:
Sundeck
Parking Features:
Carport Multiple, Front Access, Asphalt, Concrete
Parking:
Carport Multiple
Parking Total/Covered:
4 / -
Driveway:
Asphalt Parking, Concrete Parking
Exterior Entry
1
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Data was last updated August 21, 2025 at 03:40 PM (UTC)
Area Statistics
Listings on market:
97
Avg list price:
$1,339,000
Min list price:
$328,000
Max list price:
$2,998,000
Avg days on market:
58
Min days on market:
1
Max days on market:
309
Avg price per sq.ft.:
$593.56
These statistics are generated based on the current listing's property type
and located in
Annieville. Average values are
derived using median calculations. This data is not produced by the MLS® system.