11854 87 Avenue, Delta, BC, V4C 3A1

$2,600,000

MLS® # R3062902

House For Sale In Kennedy Heights, Delta, British Columbia

$2,600,000

  • 4

    Bedrooms

  • 2

    Baths

  • 7474.00 Square Feet

    Lot Size

Property Information:

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. The application submitted to the City of Delta for Approximately 89500 Sq Ft Buildable area for 119 Units in total. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, 11853 - 87A Ave and 11867-86A Ave.

Building Features:

  • Floor Space: 1968 Square Feet

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2+0
  • Annual Tax Amount: $1
  • Architectural Style: Basement Entry
  • Basement: Finished
  • Built in: 1959
  • Floor Space (approx): 1968 Square Feet
  • Heating: Electric, Forced Air
  • Lot Frontage: 74 Feet
  • Lot Size: 7474.00 Square Feet
  • Parking Features: Carport Multiple, Front Access, Asphalt, Concrete
  • Structure Type: Residential Detached
  • No. of Parking Spaces: 4

Courtesy of: Century 21 Coastal Realty Ltd.

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