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.
Address
10286 - - 10288 River Road
List Price
$3,299,000
Property Type
Residential Income
Type of Dwelling
Duplex
Structure Type
Multi Family
Transaction Type
sale
Area
N. Delta
Sub-Area
Nordel
Bedrooms
9
Bathrooms
4
Floor Area
3,350 Sq. Ft.
Main Floor Area
1984
Lot Size
15304 Sq. Ft.
Lot Size Dimensions
100 x
Lot Size (Acres)
0.35 Ac.
Lot Size Units
Square Feet
Total Building Area
3350
Frontage Length
100
Year Built
1972
MLS® Number
R3038355
Listing Brokerage
Keller Williams Ocean Realty
Basement Area
Full, Exterior Entry
Postal Code
V4C 2R5
Zoning
RD3
Ownership
Freehold NonStrata
Parking
Carport Single, Front Access, Asphalt
Parking Places (Total)
10
Tax Amount
$5,052.73
Tax Year
2024
Site Influences
Balcony, Garden
Exterior Features
Garden, Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Electric, Forced Air
Carport
Yes
Carport Spaces
1
Road Surface
Paved
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings
Security Features
Fire Sprinkler System, Smoke Detector(s)
View
Yes
View Type
Mountains and RIVER