122 GRAHAM DRIVE, Delta
$2,290,000
This 0.01 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.
Rare opportunity to own a piece of paradise! This prime first-line waterfront lot offers unobstructed, breathtaking ocean views and unparalleled investment potential. All the heavy lifting has been done for you: Geotechnical survey completed, Building Permit (BP) approved, and a full set of architectural drawings are ready to go. The existing residence features a beautifully renovated interior, making it perfectly move-in ready for personal use or a high-yield rental while you finalize your plans. Whether you choose to enjoy the charming updated home now or break ground tomorrow on a brand-new luxury oceanfront estate, this property is a "turn-key" development opportunity. Don't miss out on this rare combination of immediate utility and massive future upside.
How this price compares
This lot asks $229,000,000 per square foot of lot. That is 127694198% above the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 243 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
- $2,290,000
- Lot size
- 0.01 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1965
- MLS® area
- English Bluff
- MLS® number
- R3115277
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Listing data via MLS®. Displayed for information only.