4529 SAVOY STREET, Delta
$1,399,000
This 9,000 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.
Fantastic development property on a massive 9000 SF rectangular lot with 74ft frontage. Potential 2 lot Sub-division property with front & lane access. City of Delta is modifying and finalizing zoning requirements in efforts to increase density. Each lot on this property may potentially allow for duplex, fourplex or mixed use (Buyer to verify with City). Main floor has 3 bedrooms with a large living/eating area, below there is a 1 bedroom mortgage helper and a large rec-room. Conveniently located near schools, transit and shopping.
How this price compares
This lot asks $155 per square foot of lot. That is 12% below the median of $177 across the 236 active lots VanPlex is showing in Delta, and puts it 77 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
- $1,399,000
- Lot size
- 9,000 sqft
- Lot dimensions
- 74 x 120
- Frontage
- 74 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1977
- MLS® area
- Port Guichon
- MLS® number
- R3165391
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Listing data via MLS®. Displayed for information only.