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. 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, 11854-87 Ave, 11853-86A Ave, and 11867-86A Ave.
General Info
Price
$1,300,000
Total Bedrooms
-
Total Bathrooms
-
Half Bathrooms
-
Floor Area Total (sqft)
-
Lot Size
7551
Lot Size Depth
Feet
Lot Size Frontage
37
Basement Features
-
Property Metrics
Year Built
-
Age Of Building
-
Building Type
-
Property Type
Land
Stories
-
Building Features
-
Structures
Land Only
Additional Details
MLS® #
R3062921
Building Name
-
Area
N. Delta
Neighbourhood
Annieville
City
Delta
Postal Code
V4C 3A1
Price per Sqft
-
Gross Taxes
$1
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Fixtures Included
-
Heating & Cooling
Fireplace
-
Utilities
Utility Type
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource)
Public
Parking
Total Parking Spaces
-
Listed by: Century 21 Coastal Realty Ltd.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Neighborhood & Transit Info
Public Schools
Elementary
Hellings Elementary School
Average
0.4 km
5.8/10
Secondary
North Delta Secondary School
1.16 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Immaculate Conception School
0.45 km
Elementary, Secondary
Khalsa School (Surrey)
3.9 km
Closest Transit
Bus Stop
Westbound Nordel Way @ Scott Rd
0.25 km
Skytrain
Skytrain @ King George Stn
4.35 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Below Average
Demographics
Post-Secondary Education
Below Average
17.9%
No Certificate/Degree
Above Average
23.1%
Owner Occupied
Average
64.7%
Employment Rate
Above Average
73.1%
Noise/ Power Lines
Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely
Other
Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$0
Maintenance fee0
A 20% down payment of $260,000 on this $1,300,000 listing yields an estimated mortgage of $4,965/month (30-year fixed, 4%). Total estimated housing cost: $4,965/month.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
With $4,017/month in estimated rental income against $5,131/month in mortgage payments, the monthly cashflow is -$1,114/month. A 38% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,300,000
Delta
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Annieville
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This $1,300,000 listing sits 0% below the Annieville average of $1,300,000 for similar 0-bedroom Lands (2 active comparables).
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 11872 87 Avenue, Delta, BC?
The closest top-rated schools are Hellings Elementary School and North Delta Secondary School.
Is 11872 87 Avenue, Delta, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 11872 87 Avenue, Delta, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,800.
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