5716 48B AVENUE, Delta
$1,299,000
This 5,550 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.
Opportunity is calling for Investors or end users! This home features two rentable living spaces with excellent income potential. Upstairs offer 3 bedrooms, 1 1/2 baths while the lower level includes a self contained 2 bedroom suite with 1 full bathroom. Solid Home with great bones, a 1 year old roof. Centrally located close to schools, transit, shopping and amenities. Fantastic opportunity to update and add value. Call listing agent for viewings and more information.
How this price compares
This lot asks $234 per square foot of lot. That is 31% above the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 211 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
- $1,299,000
- Lot size
- 5,550 sqft
- Lot dimensions
- 50 x 111
- Frontage
- 50 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1979
- MLS® area
- Hawthorne
- MLS® number
- R3087822
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Listing data via MLS®. Displayed for information only.