11867 86a Ave | $2,600,000
Steven C Li Prec* Agent Photo
Steven C
Li Prec*
P. (604) 942-7211
 Phone Steven C
SUTTON GROUP - 1ST WEST REALTY

Burnaby, BC
 Canada V5M 4A1

Details

%
Years (35 year max)
Years



Address 11867 86a Ave
AreaNorth Delta
Sub Area11 Annieville
State/ProvinceBritish Columbia
CountryCanada
Price$2,600,000
Property TypeSingle Family
Bedrooms5
Bathrooms2
Floor Space2666 Square Feet
Lot Size0.17 Acres
Year Built1967
Parking4 Spaces, Carport; Multiple
Taxes $4,918
Tax Year2024
MLS® #R2936431

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.

Listed by CENTURY 21 COASTAL REALTY LTD.

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