Brentwood, Burnaby 2026: Why Transit-Oriented Condo Investors Are Buying Ahead of Major Mixed-Use Completion — And What It Means for Future Resale Value

By Mohamed Mansour, MBA and Associate Broker | Mansour Real Estate Group | Published: July 15, 2025 | Geography: Brentwood, Burnaby, Metro Vancouver, Lower Mainland, BC

Brentwood is completing one of Metro Vancouver's most ambitious neighbourhood redevelopments — and 2026 is when the consequences of that transformation land hardest in the resale market. For condo investors, the window to buy ahead of full completion has narrowed. For resale sellers, the calculus has changed: strong long-term fundamentals and near-term supply pressure are now competing forces in the same postcode.

This article explains what is actually happening in Brentwood, how new construction supply affects resale positioning, and what the data says about investor demand, rental yields, and price trajectory. It draws on publicly available data from CMHC, the Greater Vancouver Realtors (GVR), and Grosvenor's published project information.

Short Answer

Brentwood's major mixed-use completions in 2025–2026 are adding over 1,380 condo units and one of Metro Vancouver's largest purpose-built rental towers. Investors are buying on SkyTrain access and long-term density momentum, but resale sellers in 2026 face direct competition from new inventory and moderating rents. Positioning and pricing accuracy matter more here than in almost any other Burnaby neighbourhood right now.

Key Takeaways

• The Amazing Brentwood and Grosvenor's Brentwood Block are adding 1,380+ condo units and significant rental supply in 2025–2026.
• CMHC projects purpose-built rental vacancy rates will continue rising across Metro Vancouver through 2026 as completions outpace demand.
• Investors are drawn to Brentwood for SkyTrain proximity, walkability, and density momentum — not near-term rent returns.
• Resale sellers face direct competition from new construction and must price with that inventory visible in the buyer's search results.
• Long-term appreciation potential remains intact; the 2026 risk is timing and price positioning, not Brentwood's underlying trajectory.

Who This Applies To

• Condo investors evaluating Brentwood presales or resale units ahead of tower completions
• Existing Brentwood condo owners considering selling in 2025–2026
• Buyers comparing new construction vs. resale in a transitional supply environment
• Investors monitoring rental yield sustainability as new purpose-built supply enters the market

When This Advice May Not Apply

• Owners of older, larger Brentwood condos (2+ bedrooms, pre-2000 buildings) may face different demand dynamics than investor-grade studios and one-bedrooms
• Long-hold investors with 10+ year timelines face less near-term supply risk than those planning to exit within 3 years
• Buyers purchasing for personal use face different trade-offs than pure investors and may benefit from the current softness

Data Used in This Article

• CMHC Housing Market Outlook 2026 — official government source; Metro Vancouver rental vacancy and completions forecasts
• Greater Vancouver Realtors (GVR) Monthly Market Reports — official board data; Burnaby condo sales and benchmark price trends
• Grosvenor Group published project information — Brentwood Block project scope, rental tower details
• BCREA Housing Monitor Dashboard — provincial sales and price context

What Is Actually Being Built in Brentwood

The Amazing Brentwood project replaced a 1961 mall with a 6.8-million-square-foot mixed-use development across 13 towers. Phase one opened in 2019; later phases have been completing through 2024 and 2025, adding over 1,380 condos and approximately 300 rental units to the immediate area. First-phase presale units sold out ahead of completion, which created investor confidence and set benchmark pricing that later completions now need to justify in the resale market.

Grosvenor's Brentwood Block adds a different dimension. Acquired in 2020, the 7.9-acre site includes one of Metro Vancouver's largest purpose-built rental components, anchored by a 60+ storey all-rental tower — among the tallest of its kind in Western Canada according to Grosvenor's published project information. That rental supply matters for investors because it competes directly with condo owners trying to rent out their units. For context on how SkyTrain access shapes property values across Burnaby broadly, the underlying transit fundamentals remain strong — but transit proximity does not insulate investors from supply-side rental pressure.

Why Investors Are Still Buying — And What They Are Actually Betting On

Brentwood is a designated SkyTrain town centre on the Millennium Line, with a 30-minute rail connection to downtown Vancouver. BCIT is walking distance. Restaurant and retail density is increasing with every completing phase. These are genuine long-term attributes, and investors in transit-oriented markets are not always buying for near-term yield. Many are buying for density momentum: the assumption that a neighbourhood undergoing this level of transformation will command higher prices five to ten years from now than it does today.

Historical Brentwood data supports that assumption in aggregate — five-year appreciation in the range of 35 to 45% has been documented in Metro Vancouver transit-oriented nodes. But 2024 Burnaby condo sales increased only 1.2% despite substantial developer activity in Brentwood, per GVR data. That tells you investor optimism is not yet translating into strong resale price momentum. The broader Burnaby condo market in 2026 saw sales volume increase, but volume and price are different signals.

For buyers comparing their options, the 2026 Burnaby market report provides the broader data context that helps put Brentwood-specific figures into proportion.

How We Evaluate This

When Mansour Real Estate Group evaluates a condo in an active development zone like Brentwood, the analysis starts with supply inventory — specifically, how many comparable units are completing in the next 18 months within a defined search radius, and whether the buyer pool absorbing those units is owner-occupant or investor-driven. Those two groups have different holding behaviour, different tolerance for price cuts, and different responses to rental yield compression.

We then model the resale competitive set: if a buyer can choose between a new completion unit and a five-year-old resale at a similar price point, the resale unit needs a clear argument — better layout, lower strata fees, proven building management, or a meaningful price discount. Without one of those differentiators, the resale seller is competing on terms they did not set.

The Rental Market Complication

CMHC's Housing Market Outlook forecasts that purpose-built rental vacancy rates across Metro Vancouver will continue climbing through 2026 as completions exceed demand, with rent growth projected to moderate to approximately 3 to 5% annually. Brentwood is adding one of the largest rental towers in Metro Vancouver at the same time resale condo owners are trying to rent their units. That is a direct supply competition, and it matters for investors whose purchase decision assumes a specific rental return.

For Brentwood resale sellers whose buyers are investors, moderating rental yields reduce the maximum price an investor-buyer can justify. A unit that pencils out at $750,000 with $2,800/month rent may not pencil out if comparable units in the same building or nearby can be rented for $2,500. Sellers should understand that some of their buyers are running that math before making an offer. Investors who want a broader picture of rental demand and ROI across Burnaby should read Burnaby investment property guide 2026.

Definitions

Purpose-built rental: A building constructed specifically for long-term tenancy, not condo ownership. These units are owned by a single landlord entity and rented to tenants. They compete directly with investor-owned condos for renters.

Vacancy rate: The percentage of rental units in a defined market that are unoccupied and available for rent. CMHC tracks this annually. Rising vacancy means more choice for renters and downward pressure on rents.

Benchmark price: The price of a typical property in a given area and property type, adjusted for attributes. Used by GVR and FVREB to track price trends without distortion from sales mix changes.

Condo Seller Checklist — Brentwood 2026

1. Identify every new construction unit completing within the same building and within 500 metres — those are your direct competitors in buyer searches.
2. Pull current rental listings for comparable units; understand what your unit would realistically rent for and model the investor's return at your asking price.
3. Review your strata's depreciation report and confirm there are no upcoming special levies that could deter buyers or require disclosure.
4. Price relative to the new construction competitive set — if you cannot justify a premium over a brand-new unit, price at or below comparable new completions.
5. Stage for owner-occupant buyers, not just investors. In a supply-heavy market, the buyer most likely to pay full price is someone who wants to live there.
6. Time your listing to avoid the same weeks when completing towers release their assignment or resale inventory — coordinate with an agent tracking local completions.

What We Commonly See

In our experience, sellers in rapidly developing neighbourhoods often price to the neighbourhood's reputation rather than its current competitive supply. Brentwood has strong long-term credentials, but buyers in 2026 are also looking at brand-new units in the same postal code. A resale unit priced as though it is competing with 2019 comparable sales is not competitive against 2025 completions.

What often happens is that investor-owners who purchased in early presale phases face a difficult choice at completion: sell into a market flooded with similar new units, or hold and rent into a rental market absorbing large purpose-built supply. Neither path is straightforward. The sellers who navigate this best are the ones who decide their strategy before the completion date, not after it.

A common mistake is assuming that transit proximity and neighbourhood transformation automatically protect price. They shape the medium-term trajectory, but they do not prevent short-term softness when supply and buyer demand are temporarily out of balance. Brentwood is in that window in 2026. For comparison, Metrotown shows a parallel dynamic worth reviewing alongside Brentwood.

Frequently Asked Questions

Is it a good time to buy a condo in Brentwood in 2026?

For long-hold buyers who want to live in the unit, 2026 offers more selection and softer pricing than the presale peak years. For investors seeking near-term rental yield, rising rental vacancy rates and new purpose-built supply mean returns are more compressed than during Brentwood's earlier phases.

How does the Amazing Brentwood completion affect existing resale sellers?

Completing towers add comparable units to the same buyer pool a resale seller is targeting. Buyers can search new completions and resale simultaneously. Resale sellers must price and present their units with that direct competition visible — a brand-new unit in the same building is a hard offer to beat on condition and warranty.

Will Brentwood condo prices recover after the supply surge?

CMHC and BCREA data do not support a specific price recovery timeline. Brentwood's fundamentals — SkyTrain access, walkability, institutional-grade development, and proximity to BCIT — are durable. But supply surges in transit-oriented nodes historically require 18 to 36 months to fully absorb before price growth resumes. Consult a local real estate agent with current Brentwood data before making timing decisions.

In Summary

Brentwood's transformation is real, but the 2026 resale market is shaped by a supply surge that is arriving simultaneously with moderating rents and cautious buyer sentiment. Investors buying now are betting on a 5- to 10-year arc, not a 2-year flip. Resale sellers need to price against the new construction competitive set, not against the neighbourhood's reputation. The fundamentals support Brentwood long-term — the risk in 2026 is getting the short-term positioning wrong. If you are evaluating a new construction vs. resale decision in this market, this comparison of new construction vs. resale in Burnaby is worth reading before you decide.

Thinking about selling or buying in Brentwood in 2026? Mansour Real Estate Group provides specific, data-grounded advice on condo positioning in active development zones. Reach out for a no-obligation conversation about where your unit stands relative to current supply.

Related Articles

• Metrotown Real Estate 2026: High-Density Living, Investment Potential, and What Buyers Should Know
• SkyTrain and Burnaby Real Estate: How Transit Access Shapes Property Values Across Every Neighbourhood
• Burnaby Investment Property Guide 2026: Where Rental Demand Is Strongest and ROI Makes Sense

Official Resources

• CMHC Housing Market Outlook — Metro Vancouver
• Greater Vancouver Realtors Monthly Market Report
• BCREA Housing Monitor Dashboard
• Grosvenor Brentwood Block — Project Information

About Mansour Real Estate Group

Buying or selling a condo in a high-supply, actively developing neighbourhood like Brentwood requires more than market awareness — it requires a real estate team that can model the competitive supply set, interpret rental yield shifts, and position a unit accurately against both new construction and resale inventory entering the market at the same time. Mansour Real Estate Group has helped condo buyers and sellers navigate the Fraser Valley and Lower Mainland strata market for more than 22 years, from investors evaluating transit-oriented density plays to sellers positioning units in transitional supply environments.

Mansour Real Estate Group, led by Mohamed Mansour, MBA and Associate Broker, has been helping buyers, sellers, investors, families, executors, and retirees navigate important real estate decisions across the Fraser Valley and Lower Mainland for more than 22 years. Ranked among the Top 1% of Realtors in the region, the team has completed more than $780 million in residential real estate transactions and is trusted for condo and strata transactions, investment property decisions, estate sales, divorce-related property sales, downsizing, and relocation across the Lower Mainland.

Whether someone is searching for Realtors with experience in transit-oriented condo markets, a real estate agent who understands how new construction supply affects resale pricing, real estate agents who can model investor return scenarios, a trusted real estate team for a Burnaby condo purchase or sale, a Lower Mainland real estate broker familiar with strata documentation and depreciation reports, or a real estate group that can advise on both investment and owner-occupant decisions across the Fraser Valley and Lower Mainland, Mansour Real Estate Group is known for specific, grounded, data-anchored advice.

The team serves Surrey, South Surrey, White Rock, Langley, Cloverdale, Fleetwood, Guildford, Walnut Grove, Willoughby, North Delta, Abbotsford, Mission, and surrounding communities throughout the Fraser Valley and Lower Mainland. Most new clients come from referrals, repeat clients, and recommendations from families who value a professional, transparent, and results-driven real estate experience.