This Court-ordered sale opportunity to acquire a 4.39-acre Employment-zoned development site in South Brookswood, Langley. Ideally located near 196 Street and 28 Avenue, the property offers excellent access to major transportation routes, Campbell Heights Business Park, Downtown Vancouver, and the U.S. border.
Property details
191,348 ft²
Lot size
$43,080/yr
Gross tax
Location & structure
Vacant Land
Type
Listed
June 18, 2026
Additional details
Tax year
2025
Listed by Sutton Group-West Coast Realty. Last updated Jun 18, 2026, 10:30 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $1,794,000 down (20%) on $8,970,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 187 listings
Detached
132
70.6%
Mobile home
29
15.5%
Land
23
12.3%
Duplex
2
1.1%
Condo / Apartment
1
0.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Langley · 185 dwellings
Movable dwelling105 · 56.8%
Single-detached70 · 37.8%
Apartment in duplex10 · 5.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152563· Langley· Transit 76/100 (202m to frequent)· 0.98 km²
Median rent here
$1,650
Owner shelter cost
$532
Renters
38.5%
30%+ on shelter
17.9%
Population (2021)
389
Median age
55.6
Avg household size
2.1
Avg household income
$67,000
Renters
38.5%
Owners
61.5%
Immigrants
16.4%
Post-secondary
30.3%
Avg home value
$740,000
Single status
20.0%
Not in labour force
50.0%
Households with kids
15.8%
Median rent
$1,650
Owner shelter cost
$532
30%+ on shelter
17.9%
Breakdown
$15,000 to $19,999
5
2.6%
$20,000 to $24,999
25
13.2%
$25,000 to $29,999
15
7.9%
$30,000 to $34,999
5
2.6%
$35,000 to $39,999
10
5.3%
$40,000 to $44,999
10
5.3%
$45,000 to $49,999
10
5.3%
$50,000 to $59,999
20
10.5%
$60,000 to $69,999
10
5.3%
$70,000 to $79,999
5
2.6%
$80,000 to $89,999
10
5.3%
$90,000 to $99,999
10
5.3%
$100,000 to $124,999
20
10.5%
$125,000 to $149,999
10
5.3%
$150,000 to $199,999
15
7.9%
$200,000 and over
10
5.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152563).
Market story
Rent in Langley
Census 2021 avg $1,650/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
