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4729 60B STREET, Delta

$1,549,900

This 9,807 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.

DEVELOPMENT OPPORTUNITY – Exceptional potential in a rapidly evolving neighborhood of Ladner Village. Situated on a prime lot with neighboring properties already undergoing redevelopment, this property benefits from Delta’s updated Official Community Plan (OCP), which supports higher-density residential options. The property is currently designated as Mixed Residential (MR) under the Delta OCP. Current owners have conducted a pre-application meeting with City of Delta to discuss a 6 unit townhouse proposal and rezoning from Single Detached Residential (RS2) to either a Comprehensive Development (CD) zone or Townhouse Residential (RT76), allowing for a thoughtfully designed 6-unit townhouse project. This development would contribute towards Provincial ministerial targets set for Delta.

How this price compares

This lot asks $158 per square foot of lot. That is 12% below the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 72 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
$1,549,900
Lot size
9,807 sqft
Lot dimensions
66 x 148.5
Frontage
66 ft
Bedrooms
3
Bathrooms
2
Year built
1959
MLS® area
Holly
MLS® number
R3149663

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Listing data via MLS®. Displayed for information only.