10292 RIVER ROAD, Delta
$2,700,000
This 15,349 sqft property in Delta is a detached single-family home on a lot the new rules make suitable for a multiplex. Delta applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Delta's wide lots suit the higher counts, outside the farmland areas.
Prime redevelopment opportunity in North Delta. Multiple River Road properties offer strong potential for rezoning to accommodate townhomes or luxury view homes (subject to City approval). Massive rental income potential helps offset holding costs. Potential assembly with adjacent lots could expand the site. Many updates and ideally located near the Fraser River with quick access to Highways 91, 99, 10, and 17, plus transit, schools, shopping, and recreation. Call now for private viewing.
How this price compares
This lot asks $176 per square foot of lot. That is 2% below the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 111 of 243 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,700,000
- Lot size
- 15,349 sqft
- Lot dimensions
- 7.71 x
- Frontage
- 25.29 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1965
- MLS® area
- Nordel
- MLS® number
- R3115619
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.