8532 BROOKE ROAD, Delta

$1,088,880

This 8,290 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.

Whether you choose to move right in, maximize rental income from the lower level, or land-bank for future RS1-zoned development, this Delta home is a rock-solid investment. Situated on an expansive 8,290-square-foot lot w/ a 66-foot frontage, this versatile 5-bedroom, 3-bathroom home perfectly blends everyday comfort with exceptional future value. The main floor boasts 2,134 square feet of finished living space featuring a bright, functional layout with spacious living, dining, and kitchen areas, while the finished lower level serves as a highly flexible space ideal for extended family, a home office, or a massive recreation room. Upgraded w/ a brand-new Navien tankless water heater and efficient heat pump system, the property sits just minutes from local schools, shopping districts & MORE

How this price compares

This lot asks $131 per square foot of lot. That is 24% below the median of $172 across the 200 active lots VanPlex is showing in Delta, and puts it 29 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
$1,088,880
Lot size
8,290 sqft
Lot dimensions
66 x
Frontage
66 ft
Bedrooms
5
Bathrooms
3
Year built
1967
MLS® area
Nordel
MLS® number
R3182671

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.