**Attention Builders!** Rare opportunity in Alderwood. First time a parcel of this size has come to market in the neighbourhood. Two existing 37.5 x 132 ft lots create an exceptional combined 75 x 132 ft property with the potential to bring 200, 202, and 204 Delta Street to life. Set on a quiet, tree-lined stretch of Delta Street, this is a prime opportunity to build three luxury detached homes or explore other development possibilities. A true blank canvas in one of Alderwood's most desirable pockets. **202 Delta Street does not currently exist, offering a unique chance to establish a brand-new address as part of this exciting redevelopment opportunity.** The property currently features two renovated three-bedroom bungalows, both of which can be easily rented while development plans are underway. With nearly 10,000 sq ft of land, this property is nestled between relatively newly built homes, providing a beautiful streetscape. Surrounded by mature trees and quality custom residences, opportunities like this are exceptionally rare in the neighbourhood.