9565 116 STREET, Delta
$998,000
This 10,602 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.
BUILDER & INVESTOR ALERT! Rare opportunity at 9565 116 ST on a MASSIVE 10,600 SQ FT LOT in a highly convenient central location. This spacious home offers 4 BEDROOMS UPSTAIRS plus a 2 BEDROOM UNAUTHORIZED SUITE, providing excellent holding value, rental potential, or space for extended family while you plan your next move. Explore the potential for LAND ASSEMBLY, FUTURE REDEVELOPMENT, or BUILD YOUR DREAM HOME on this generous lot. Easy access to major routes connecting to Richmond, Vancouver, Surrey and surrounding areas, with shopping, schools and transit nearby. A TRUE RARE FIND with lot size, frontage, income potential and future upside all in one property. Buyer to verify development potential with the City.
How this price compares
This lot asks $94 per square foot of lot. That is 47% below the median of $177 across the 214 active lots VanPlex is showing in Delta, and puts it 18 of 214 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
- $998,000
- Lot size
- 10,602 sqft
- Lot dimensions
- 62 x 176.7
- Frontage
- 62 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1956
- MLS® area
- Annieville
- MLS® number
- R3171921
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Listing data via MLS®. Displayed for information only.