Excellent development opportunity in North Delta! Three adjacent properties on River Road total approx. 1.37 acres with potential rezoning to support ~50 townhomes (subject to City approval). Tentative rental income of ~$25,000/month helps offset holding costs. Future assembly with front lots could expand the site to ~2 acres for 75+ townhomes. Preliminary drawings and reports are available for qualified buyers. Prime location near the Fraser River with access to highways 91, 99, 10 & 17, transit, schools, shopping, and recreation. Buyers to verify with City of Delta. Showings by appointment only. Increased density is encouraged here to address housing needs-an attractive opportunity for developers and investors. Amenities include parks, community centres, dining, and employment hubs near. (id:31684)
7 hours ago | Listing updated with changes from the MLS® | |
8 hours ago | Listing first seen on site |
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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