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Status:
Active
Prop. Type:
Land
MLS® Num:
R3062920
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 11854-87 Ave, 11872-87 Ave, 11853-86A Ave, and 11867-86A Ave.
Property Type:
Land
Ownership:
Freehold NonStrata
Manufactured Type:
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Rainscreen:
Bathrooms:
- (Full:-/Half:-)
Kitchens:
Rooms:
Taxes:
$1 / 2024
Lot Area:
7,551 sq. ft.
Lot Frontage:
37'
Lot Details:
37 x 101.4
Exposure / Faces:
Rear Yard Exposure:
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
EPP119402
Development Status:
No Building Permit Approved, Development Permit Not Available
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
Building Plans:
Available
Info Package Avail.:
No
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Heating:
# Of Parking Spaces - Total:
# Of Covered Spaces:
Flood Plain:
Suite:
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Age Restrictions:
No
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Home Owners Association:
No
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Telephone Service:
Electricity:
No
Fencing:
Plumbing Details:
Potential for Rezoning:
Yes
Sketch Attached:
Restrictions:
  • Photo 1: 11868 87 Avenue in Delta: Annieville Land for sale (N. Delta)  : MLS®# R3062920
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated November 1, 2025 at 12:40 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,100,000
Min list price:
$855,000
Max list price:
$1,300,000
Avg days on market:
53
Min days on market:
3
Max days on market:
176
These statistics are generated based on the current listing's property type and located in Annieville. Average values are derived using median calculations. This data is not produced by the MLS® system.