11854 87 Ave | $2,600,000
Shekhar Neupane - Prec Agent Photo
Shekhar
Neupane - Prec
P. (604) 547-3338
 Phone Shekhar http://shekharneupane.buyandsellbc.com
WOODHOUSE REALTY

Surrey, BC
 Canada V3S 7J1

Details

%
Years (35 year max)
Years



Address 11854 87 Ave
AreaNorth Delta
Sub Area11 Annieville
State/ProvinceBritish Columbia
CountryCanada
Price$2,600,000
Property TypeSingle Family
Bedrooms4
Bathrooms2
Floor Space1968 Square Feet
Lot Size0.17 Acres
Year Built1959
Parking4 Spaces, Carport; Multiple
Taxes $4,926
Tax Year2024
MLS® #R2935887

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.

Listed by CENTURY 21 COASTAL REALTY LTD.

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