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11972 85A AVENUE, Delta

$2,500,000

This 10,032 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.

Exceptional redevelopment opportunity in Delta's new Transit-Oriented Development (TOD) area. Located steps from Scott Road rapid transit, this property offers outstanding potential for higher-density mixed-use or multi-family development. Walkable to shops, services, schools, and parks, it’s ideally positioned for sustainable growth. Buyers/investors to confirm land use and density with the City of Delta. A prime chance to secure property in a rapidly evolving neighbourhood

How this price compares

This lot asks $249 per square foot of lot. That is 39% above the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 220 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
$2,500,000
Lot size
10,032 sqft
Lot dimensions
39 x IRREG.
Frontage
39 ft
Bedrooms
4
Bathrooms
4
Year built
1959
MLS® area
Annieville
MLS® number
R3050980

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Listing data via MLS®. Displayed for information only.