7693 118 St - Residential LAND FOR SALE


Delta, BC V4C 6G9 45,302 SF
$5,800,000 CAD
778-686-2438
7693 118 St, Delta, BC for Sale
$5,800,000 CAD
Residential LAND - FOR SALE
1/1
45,302 SF

7693 118 St
Delta, BC V4C 6G9


OVERVIEW

Builder alert! Or Investor can hold the properties while waiting for the redevelopment. Rare opportunity to have 1 acre lot for redevelopment - 4 single houses of each lots min. 10,956 s.f. of totally 45,230 s.f. Good rental income for all 4 properties. Zoning RD3 duplex and residential detached Annual rental income : $177,600. Potential rent increase to $196,000. Total expense : $20,000.00. NOI : $157,600 Cap. rate : 2.7%

FOR SALE DETAILS

PRICE

$5,800,000 CAD

PRICE/ACRE

$5,576,972/AC

PRICE/SF

$128 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

4 single houses - Zoned duplex redevelopment

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Hold for Development, Hold for Investment

LAND ACRES

1.04 AC

LAND SF

45,302 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RD3

APN/PARCEL ID

010-206-001

ASK ABOUT THIS PROPERTY

Kerry LauMetro Edge Realty IncMore Info
778-686-2438

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Kerry LauMetro Edge Realty IncMore Info
778-686-2438

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.