8531 116A STREET, Delta
$1,229,000
This 6,008 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.
Nestled in a highly sought-after neighborhood and One of North Delta's best value detached opportunities. Spacious 3-bedroom 2 bath on main floor plus a renovated 2-bedroom suite with separate entry. Add your personal touches upstairs and build instant equity. Situated on an impressive & rare 84-foot frontage, this property is ideally located just minutes from Scott Road, shopping, Richardson & McCloskey Elementary & North Delta Sec school, parks, and Sungod Rec center, offering exceptional convenience. With an excellent future potential for duplex redevelopment, this is a rare opportunity to own a home that combines comfortable living, rental income, and outstanding investment potential.
How this price compares
This lot asks $205 per square foot of lot. That is 14% above the median of $179 across the 243 active lots VanPlex is showing in Delta, and puts it 181 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
- $1,229,000
- Lot size
- 6,008 sqft
- Lot dimensions
- 81.3 x 73.8
- Frontage
- 81.3 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1971
- MLS® area
- Annieville
- MLS® number
- R3150836
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Listing data via MLS®. Displayed for information only.