5214 12TH AVENUE, Delta
$1,120,000
This 10,355 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.
Great investment of Ocp MR zoning possible build townhouse, the lot over 10,000sf in sunny center Tsawwassen. Main floor has 2 bedrooms, updated kitchen, bathrooms, 5 appliances and ardwood floors. Lower level has one bedroom and office could be bedroom. The roof is also only 4 years old. Great location close to all amenities as well as both levels of schools. Current RS1 zoning allow build up to 4 units.
How this price compares
This lot asks $108 per square foot of lot. That is 40% below the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 22 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
- $1,120,000
- Lot size
- 10,355 sqft
- Lot dimensions
- 84.9 x 122
- Frontage
- 84.9 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1952
- MLS® area
- Tsawwassen Central
- MLS® number
- R3126991
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.