5411 16 AVENUE, Delta
$1,399,000
This 15,618 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.
Development opportunity in Central Tsawwassen. This irregular 15,618 sq. ft. lot (per City of Delta mapping; BC Assessment 15,619 sq. ft.) is zoned RS1, with approx. 73 ft. of frontage on 16 Ave. The north end of the lot extends toward Wildwood Crescent; check with the City of Delta regarding any potential frontage or access. The City of Delta has advised the property can have up to 4 units, including a single family dwelling with garden suites or a coach home, or a duplex with garden suites or two suites on each side. Ideal for builders, investors or multi-generational living. Buyers to verify all measurements, zoning and subdivision potential with the City of Delta. Land value only; older structure on site; AI renderings are conceptual. No one may enter without an appointment.
How this price compares
This lot asks $90 per square foot of lot. That is 48% below the median of $172 across the 200 active lots VanPlex is showing in Delta, and puts it 13 of 200 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
- 15,618 sqft
- Lot dimensions
- 22.32 x 54.28
- Frontage
- 73.23 ft
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- 1937
- MLS® area
- Cliff Drive
- MLS® number
- R3179417
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Listing data via MLS®. Displayed for information only.