11854 87 Ave, Delta, BC, MLS® R3062902

$2,600,000
Est. Mortgage /mo

NEW

$2,600,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 7474 sqft
1968 sqft
1959 built
Show more info
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Map
Street view
Schools
Crime
Commute
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11854 87 Ave, Delta, BC | MLS® R3062902 Property Details

This almost 30,000 sq ft land assembly in the Annieville neighborhood of North Delta offers an exciting opportunity for multifamily development. Its location within 800 meters of Transit-Oriented Areas enhances accessibility. The new Delta OCP permits up to 6 storeys, allowing for flexible design and density. Major amenities are within walking distance, making it appealing to potential residents. The existing house generates $3,000 in rent (total land assembly rent is $10,000), providing immediate cash flow. The application submitted to the City of Delta for Approximately 89500 Sq Ft Buildable area for 119 Units in total. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, 11853 - 87A Ave and 11867-86A Ave.

General Info

Price $2,600,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1968
Lot Size 7474
Lot Size Depth Feet
Lot Size Frontage 74
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1959
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3062902
Area N. Delta
Neighbourhood Annieville
City Delta
Gross Taxes $1
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric, Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Front Access, Asphalt, Concrete
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RD3
Rental Suites Unauthorized Suite
# of Kitchens 2
Foundation Concrete Perimeter, Slab
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Century 21 Coastal Realty Ltd.

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Hellings Elementary School
Average
0.38 km
5.8/10
Secondary
North Delta Secondary School
1.15 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Immaculate Conception School
0.44 km
Elementary, Secondary
Khalsa School (Surrey)
3.89 km

Closest Transit

Bus Stop
Westbound Nordel Way @ Scott Rd
0.26 km
Skytrain
Skytrain @ King George Stn
4.36 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 11854 87 Avenue in the heart of Annieville, Delta, BC! I'm thrilled to share with you the charm and character of this community.

As we walk through the neighborhood, you'll notice that 11854 87 Avenue is served by Hellings Elementary School, a top-rated institution with a 5.8/10 rating, located just 0.38 km away. Families love this area because of its excellent schools, and Hellings Elementary is no exception. Just down the road, you'll also find North Delta Secondary School, with a 1.15 km distance from this property.

For families who prefer an independent school setting, Immaculate Conception School is just a stone's throw away, with a 8.9/10 rating and located 0.44 km from this home. And for those seeking a secondary independent school education, Khalsa School in Surrey is just 3.89 km away, with No Rating.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has a below-average crime rate of 5,106.05 incidents per 100,000 population. Compared to other Canadian cities, our neighborhood's crime rate is significantly lower. In fact, the year-over-year change in the total crime rate is a remarkable -11.76%. You can rest assured that this community is a safe and secure place to call home.

When it comes to transit, you're just a short walk away from the Westbound Nordel Way @ Scott Rd bus station, located 0.26 km from this property. With easy access to public transportation, commuting to work or school is a breeze.

Now, let's dive into the demographics of this community. Did you know that 17.9% of residents in this neighborhood hold a university certificate or degree, which is average compared to other BC neighborhoods? On the other hand, 23.1% of the population here has no certificate or degree, which is above average. This diverse community is a melting pot of cultures and backgrounds.

In terms of income, the median household income in this area is $72,485, which is average compared to other British Columbia neighborhoods. However, the median personal income is $26,763, which is lower compared to the BC average. But don't worry, the cost of living in this community is relatively affordable.

According to the latest data, the unemployment rate in this area is 6.7%, which is below average compared to other BC neighborhoods. This is excellent news for job seekers and commuters alike.

As we explore this community, you'll notice that the population growth rate between 2011 and 2016 was 5.1%, which is above average. This means that this neighborhood is experiencing steady growth and development.

In terms of lifestyle amenities, this community offers a range of parks, beaches, and trails for outdoor enthusiasts. You'll also find shopping malls, grocery stores, restaurants, and coffee shops within walking distance.

Now, let's talk about real estate. The average value of dwellings in this neighborhood is $724,576, which is high compared to other areas in British Columbia. You can expect to pay around $1,452 in average owner payments, which is above average. On the other hand, tenants in this area pay an average of $1,068, which is average compared to other cities.

Finally, 34.8% of the population in this district are renters, which is above average compared to other BC cities and areas.

As a local realtor with over a decade of experience, I can confidently say that 11854 87 Avenue in Annieville, Delta, BC is an excellent choice for families, commuters, and anyone looking for a safe, secure, and affordable community to call home. MLS® R3062902 is a rare find, and I highly recommend scheduling a viewing today!

11854 87 Avenue, Delta, BC - MLS® R3062902: Where community meets convenience, and safety meets affordability.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,600,000
Delta $1,362,508
Annieville $1,566,833
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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