5280 1 AVENUE, Delta
$1,198,000
This 6,986 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.
Rare developer & investor opportunity on a sunny, south-facing 6,986 sq.ft. lot in prime Pebble Hill, steps to Diefenbaker Park and Pebble Hill Elementary. Well-maintained 3-bedroom rancher with updated kitchen, engineered hardwood floors, spacious deck, private backyard, hot tub, and detached garage/workshop. Approved developer plans and permits are in place and ready for construction, featuring a side-by-side duplex with two 450 sq.ft. garden suites . A rare combination of prime location, valuable land, and a development plan ready to move forward. Perfect for developers, investors, looking for their next project.
How this price compares
This lot asks $171 per square foot of lot. That is 3% below the median of $177 across the 236 active lots VanPlex is showing in Delta, and puts it 109 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
- $1,198,000
- Lot size
- 6,986 sqft
- Lot dimensions
- 69 x 100
- Frontage
- 69 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1970
- MLS® area
- Pebble Hill
- MLS® number
- R3145617
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only.