1223 52 STREET, Delta

$2,480,000

This 21,788 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.

Great investment of lot (OCP land use MR) on 1/2 acre gorgeous level rectangular property in prime central area of Sunny Tsawwassen, complete with solid older home first time on the market. Close to town centre, recreation, schools, transit, Tsawwasswn Mills. The home has a spacious living room/dining room, large kitchen and family room on he main level, with two fireplaces, and entry to the large patio overlooking this amazing beautifully landscaped property. The supersize attached double garage comes with a large loft above it. There is great potential and opportunity in this market.

How this price compares

This lot asks $114 per square foot of lot. That is 36% below the median of $177 across the 236 active lots VanPlex is showing in Delta, and puts it 25 of 236 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
$2,480,000
Lot size
21,788 sqft
Lot dimensions
121.06 x 179.98
Frontage
121.06 ft
Bedrooms
4
Bathrooms
3
Year built
1963
MLS® area
Cliff Drive
MLS® number
R3169451

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Listing data via MLS®. Displayed for information only.