7307 116 STREET, Delta
$1,299,785
This 10,983 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.
ATTENTION BUILDERS, INVESTORS & DEVELOPERS! Outstanding opportunity on a LARGE 1/4-ACRE 10,983 SQFT LOT in a desirable and evolving North Delta neighbourhood. This property offers excellent potential to RENOVATE, HOLD, BUILD OR EXPLORE FUTURE REDEVELOPMENT. The existing 5-bedroom, 2-bathroom home provides approximately 2,370 sq.ft. of living space and sits on a substantial property near the upgraded 72 Avenue corridor, Scott Road transit, schools, shopping and everyday amenities. A compelling land-hold and redevelopment opportunity in an area positioned for continued growth. Buyers, builders and developers to independently verify zoning, density, subdivision, development and building possibilities with the City of Delta.
How this price compares
This lot asks $118 per square foot of lot. That is 33% below the median of $177 across the 236 active lots VanPlex is showing in Delta, and puts it 29 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
- $1,299,785
- Lot size
- 10,983 sqft
- Lot dimensions
- 70 x 157
- Frontage
- 70 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1972
- MLS® area
- Scottsdale
- MLS® number
- R3169323
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Listing data via MLS®. Displayed for information only.