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$2,600,000

5 Beds

2 Baths

1850 FEETSQ

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Delta BC, V4C 3A1

MLS® # R3062899

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, 11854-87 Ave and 11867-86A Ave.

Building Features:

  • Floor Space: 1850 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 2+0
  • Annual Tax Amount: $1
  • Architectural Style: Basement Entry
  • Basement: Finished
  • Built in: 1959
  • Floor Space (approx): 1850 Square Feet
  • Heating: Electric, Forced Air
  • Lot Frontage: 74 Feet
  • Lot Size: 7500.00 Square Feet
  • Parking Features: Carport Multiple, Front Access, Asphalt, Concrete
  • Structure Type: Residential Detached
  • No. of Parking Spaces: 4

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Location of 11853 86a Avenue, Delta, BC, V4C 3A1

Demographic Information of 11853 86a Avenue, Delta, BC, V4C 3A1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$118,114.22

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.14 %

High school certificate or equivalent

37.17 %

Apprenticeship trade certificate/diploma

6.59 %

College/non-university certificate

15.45 %

University certificate (below bachelor)

1.42 %

University Degree

18.24 %

Commuter

Travel To Work

By Car

77.58 %

By Public Transit

16.41 %

By Walking

4.94 %

By Bicycle

0.0 %

By Other Methods

1.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.3 %

Houses

60.7 %

Own Vs. Rent