$3,299,000
About this Business
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.
Listed by Keller Williams Ocean Realty/Team 3000 Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of The Valley Group for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3038355
- Type: Business
- Bedrooms: 9
- Bathrooms: 4
- Square Feet: 3,350 sqft
- Lot Size: 15,304 sqft
- Frontage: 100.00 ft
- Full Baths: 4
- Half Baths: 0
- Taxes: $5052.73
- Parking: Carport Single, Front Access, Asphalt (10)
- View: Mountains and river
- Basement: Full, Exterior Entry
- Storeys: 2 storeys
- Year Built: 1972
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (10286 - - 10288 River Road, Nordel, N. Delta), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.
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