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5280 1 AVENUE, Delta

$1,248,000

This 6,986 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 Pebble Hill opportunity! This well-maintained 3-bedroom rancher sits on a sunny 6,986 sq.ft. south-facing lot just steps to Diefenbaker Park, Pebble Hill Elementary, transit, and minutes to the beach. Features include engineered hardwood floors, a gas fireplace, an updated kitchen, French doors to a spacious deck, private fenced backyard with hot tub, detached garage/workshop. Ideal to live in, rent, or hold. Excellent development potential to build a side-by-side duplex with suites or garden suits -total four units (buyer to verify with the City of Delta).

How this price compares

This lot asks $179 per square foot of lot. That is about the same as the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 119 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
$1,248,000
Lot size
6,986 sqft
Lot dimensions
69 x 100
Frontage
69 ft
Bedrooms
3
Bathrooms
1
Year built
1970
MLS® area
Pebble Hill
MLS® number
R3145617

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Listing data via MLS®. Displayed for information only.