Excellent development opportunity in North Delta! Three adjacent properties on River Road total approx. 1.37 acres with potential rezoning to support ~50 townhomes (subject to City approval). Tentative rental income of ~$25,000/month helps offset holding costs. Future assembly with front lots could expand the site to ~2 acres for 75+ townhomes. Preliminary drawings and reports are available for qualified buyers. Prime location near the Fraser River with access to highways 91,… 99, 10 & 17, transit, schools, shopping, and recreation. Buyers to verify with City of Delta. Showings by appointment only. Increased density is encouraged here to address housing needs—an attractive opportunity for developers and investors. Amenities include parks, community centres, dining, and employment hubs near.
Listed by Keller Williams Ocean Realty/Team 3000 Realty Ltd..