Investment Property
For Sale
  • Multifamily
  • 7940 118th Street & 11821 & 11831 79A Avenue

    7940 118th Street, Delta, BC V4C 6H1 Canada
    Investment Property
    For Sale
  • Multifamily
  • 7940 118th Street & 11821 & 11831 79A Avenue

    7940 118th Street, Delta, BC V4C 6H1 Canada
    Building Size
    165,567 SF
    Lot Size
    1.3 Acres
    Building Size
    165,567 SF
    Lot Size
    1.3 Acres

    OVERVIEW

    Cushman & Wakefield ULC, as the exclusive agent for the Vendor, is pleased to present the exceptional opportunity to acquire a 100% freehold interest in a premier development site located at 7940 118 Street and 11821/11831 79A Avenue, Delta, BC (the “Property”). Strategically positioned within the proximity of Scott Road Corridor, the Property offers outstanding connectivity and access to a wide range of amenities including retail, schools, parks, and transit. Spanning three legal parcels and totaling approximately 1.30 acres, the site represents a rare chance to deliver a large-scale multifamily community in one of Metro Vancouver’s fastest-growing suburban markets. The proposed plans envision a 6-storey residential building with a density of 2.93 FAR (165,567 SF buildable), comprising 223 modern homes with a diverse mix of studios, onebedroom, one-bedroom plus dens, two-bedroom, and three-bedroom units. Thoughtfully designed indoor and outdoor amenity spaces, along with a dedicated daycare facility, will further enhance livability and long-term community appeal. The proposed development has undergone initial consultation with the City of Delta; the application has been submitted and updated drawings with PDR comments that are ready to be submitted to City Hall. PLD will be obtained within a few months. This offering represents a unique opportunity for developers and investors to secure a fully envisioned multifamily project in a desirable and well-established residential area, supported by municipal planning policy and strong demand fundamentals.

    Details

    Building Size:
    165,567 SF
    Sale Price:
    Contact us for pricing
    Lot Size:
    1.3 Acres

    AVAILABILITIES

    LOCATION

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