The Brighton
5375 204 Street

SOLD

Cushman & Wakefield ULC (“Cushman & Wakefield” or “C&W”) is pleased to announce the successful sale of 5375 204 Street, Langley City, BC (the “Property”), sold on behalf of Canadian Apartment Properties REIT (the "Vendor’). Commonly known as The Brighton. The Property is a 54-suite apartment building situated on over 1.6 acres of land earmarked for higher density multifamily residential development given the proximity to the future Surrey-Langley Skytrain extension.

The Property is improved with a three-storey wood-frame building built atop one level of covered parking. The Brighton has been maintained to an institutional standard with essentially no deferred repairs & maintenance. It is comprised of 30 one-bedroom units, and 24 two-bedrooms units for a total of 54 suites. The total net rentable area at the Property is approximately 40,266 square feet with an average suite size of roughly 745 square feet. 

The Property is centrally located in the heart of Langey City on the corner of 204 Street and 54 Avenue. The location is highlighted by its proximity to the 203 Street station of the Surrey-Langley Skytrain which is expected to be operational in 2028. The 203 Street station will be a main transit exchange and the terminus station of the Skytrain line, acting as the Fraser Valley’s transit gateway to Metro Vancouver and the downtown core.

Investment Highlights

• 1.63 acre corner lot
• Only a 12-minute walk to the 203 Station of the Surrey-Langley SkyTrain, which will bring population growth and economic development to the neighbourhood and surrounding Fraser Valley
• Rigorous management and consistent capital expenditures make this meticulously maintained offering a testament to the benefits of institutional ownership and operation

  For more information on the  sale of The Brighton, or to obtain a confidential market value estimate of your property, please contact a member of the exclusive property advisors.