10286 - 10288 RIVER ROAD|Delta, British Columbia V4C2R5

MLS Number: R3038355

Property Details: • Type: Multi-family • Ownership Type: Freehold • Bedrooms: 9 • Bathrooms: 4 • Building Type: Duplex • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Carport • Parking Spaces: N/A

Description: XCELLENT DEVELOPMENT OPPORTUNITY: 1.37 ACRES FOR 50 TOWN HOUSES (Tentative) This property is part of a land assembly in North Delta . Development Opportunity: 1.37 Acres for Tentative 50 Town Houses. Three adjacent properties on River Road, Delta total approximately 1.37 acres and may support around 50 town houses, subject to municipal approval. These properties may be suitable for rezoning for multi-family use, as increased density is being encouraged to address housing needs. The tentative monthly rental income is $25,000, which can offset holding costs. There may be potential for future assembly, including the front lots, to expand the land base to about 2 acres and possibly accommodate over 75 town homes. Preliminary drawings and reports are available upon request for qualified buyers. Interested parties should verify redevelopment options with the City of Delta. This location near the Fraser River in central Lower Mainland is suitable for development of housing for various buyer groups The site offers (31794038)

Agent Information: • Agents: Kam Toor • Contact: 604-351-5372 • Brokerage: Keller Williams Ocean Realty • Website: http://www.kwoceanrealty.com/

Time on Realtor: 11 hours ago