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7451 113 STREET, Delta

$1,150,000

This 22,949.3 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.

ATTENTION BUILDERS! Rare opportunity on this .52 acre lot, primed for development. Very few of these lots at this size are still available. Priced below assessed value, this SSR zoned property allows for potential construction of 4 units - subject to City of Delta approval. Less treed then neighbouring lots.Ideal for crafting your dream home, offering the ultimate tranquil and secluded backyard. Original well-maintained home serves as a perfect starter home, investment, or hold for future development. Enjoy proximity to Chalmers Elementary, Burnsview Secondary, shopping centers, and convenient access to the Alex Fraser Bridge. Don't miss out on this prime investment opportunity in a desirable location with endless potential.

How this price compares

This lot asks $50 per square foot of lot. That is 72% below the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 15 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
$1,150,000
Lot size
22,949.3 sqft
Lot dimensions
67.3 x 341
Frontage
67.3 ft
Bedrooms
4
Bathrooms
2
Year built
1971
MLS® area
Scottsdale
MLS® number
R3125820

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Listing data via MLS®. Displayed for information only.