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Apartment, Retail

Langley Retail/Apartment Property Sells for $11.2 Million

A retail and apartment property at 4041 200th Street in Langley, known as Brookswood Professional Center, has traded hands. The property is situated a one acres in the Brookswood‑Fernridge area, and includes two buildings with retail and apartment use, one built in 1976 and the other built in 2011.

Sale Details

  • Sale Price: $11,200,000
  • Building Size: 28,399 SF
  • Retail: 10,419 SF (seven CRUs)
  • Apartments: 16 units
  • Price per Sq. Ft.: $394
  • Lot Size: 41,600 SF

This property was listed and sold by NAI Commercial.

February 15, 2026by david.taylor@colliers.com
Apartment, Development, Retail

6-Storey Condo Switched to 12-Storey Rental for Cambie Lot

A new rezoning application has been submitted for 486 West 26th Avenue a 10,131 SF lot at the Southeast corner of West 26th and Cambie. The application, entitled “Cambie Nexus” proposes a 12‑storey concrete rental residential tower with ground‑floor community‑serving retail.

The site was previously approved for a 6-storey, 29-unit condo project that never moved forward.

Project Snapshot

Key Stats From the Application:

  • Total residential units: 52
  • Unit mix:
    • 27 one‑bedroom
    • 19 two‑bedroom
    • 6 three‑bedroom
  • Density (FSR): 4.91 FSR
  • Building height: 12 storeys (approx. 145’)
  • Parking: 18 off‑street vehicle stalls

The architect for the project is Wilson Chang Architect Inc.

The site was acquired for $11,950,000 in 2018, which equates to $240 per buildable SF based on the current application.

February 15, 2026by david.taylor@colliers.com

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vancouvermrkt
vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

4

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vancouvermrkt Vancouver Market @vancouvermrkt ·
23 Jan

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