Metro Vancouver’s real estate market has long been defined by its scarcity of land, growing population, and evolving urban landscape. In response, transit-oriented developments (TODs) have emerged as a driving force reshaping how people live, work, and invest in the region. By integrating housing, retail, and community spaces within walking distance of major transit hubs, TODs offer unparalleled convenience and connectivity—a key advantage in a market where time, location, and mobility are everything.   

As Metro Vancouver’s transit network continues to expand—with projects like the Broadway Subway extension and the Surrey-Langley SkyTrain line—TODs are redefining real estate development. They’re no longer just a smart urban planning tool; they’re a highly coveted real estate asset for both homebuyers and investors. Let’s explore why TODs are gaining momentum and how some of Metro Vancouver’s latest developments are setting a new benchmark for convenience-driven living.   

Why Transit-Oriented Developments Are In Demand 

The appeal of TODs goes beyond proximity to public transportation. They create complete communities where daily essentials—like groceries, dining, and recreational facilities—are just steps away. For buyers and renters, this lifestyle means fewer car trips, lower transportation costs, and shorter commutes. For investors, TODs represent properties with high demand, long-term value, and strong rental income potential.   

In Metro Vancouver, where traffic congestion is a constant challenge, being close to a transit hub can make a world of difference. TODs give residents back what’s often in shortest supply—time. Easy transit access means less time spent commuting and more time enjoying local amenities, parks, and cultural attractions. This live-work-play dynamic has become a powerful draw for professionals, families, and downsizers alike.   

Key Advantages of TODs for Buyers and Investors  

1. Accessibility and Connectivity   
TODs offer seamless connections to employment centres like downtown Vancouver, Metrotown, and Surrey City Centre. For renters and buyers, this convenience drives consistent demand.   

2. Reduced Car Dependency  
With transit, cycling, and walking infrastructure built into these developments, many residents find they don’t need a car at all—reducing both expenses and environmental impact.   

3. Appreciation Potential 
Properties near transit hubs often see faster appreciation compared to similar homes in less connected areas, making TODs a compelling long-term investment.   

4. Resilience in Market Cycles  
Homes in TODs tend to hold their value better during market slowdowns, thanks to their built-in desirability and constant demand from renters and buyers.   

Spotlight on TOD Projects in Metro Vancouver

Several projects across Metro Vancouver exemplify the success of TOD design while redefining urban living. Here’s a closer look at five standout developments represented by MLA Canada that showcase the appeal and potential of TOD living.   

Latitude 
Adjacent to 49th Avenue SkyTrain Station   
The Cambie Corridor is alive with urban transformation, uniting Vancouver’s West Side heritage with its future potential. Located next to the 49th Avenue SkyTrain Station on the Canada Line, Latitude by Transca Development connects residents to some of the city’s best destinations, from Downtown Vancouver and the New Oakridge Centre, to Marine Gateway and YVR. Its unbeatable proximity to transit, shops, dining, and entertainment makes Latitude a hub of convenience and modern living. 

Arden 
Adjacent to King Edward SkyTrain Station  
Arden by Balfour Pacific offers a thoughtfully curated living experience in the heart of the Cambie Corridor. Its prime location near the King Edward SkyTrain Station ensures easy access to the best of city living, while nearby Queen Elizabeth Park provides a tranquil escape into nature. Residents can explore Cambie Village’s eclectic mix of shops, cafés, and restaurants, enjoying a lifestyle that perfectly balances urban energy with natural serenity. 

Sterling 
Adjacent to King Edward SkyTrain Station 
Sterling by Pennyfarthing offers an elevated living experience, with 90 rental homes perfectly situated at the prominent corner of Cambie Street and King Edward Avenue. Directly across from the King Edward SkyTrain station, Sterling offers unparalleled access to transit and the Canada Line, plus an unmatched amenities package including a stunning rooftop terrace with panoramic views, a dog wash station, and secure parcel lockers. With modern interiors featuring quartz countertops, stainless steel appliances, and private balconies, Sterling combines style, comfort, and convenience for a truly connected rental lifestyle. 

Stowa  
Adjacent to Surrey Central SkyTrain Station   
Located near Surrey Central SkyTrain Station on the Expo Line, Stowa is redefining urban living in one of Metro Vancouver’s fastest-growing cities. Designed with community and sustainability in mind, Stowa connects residents to Surrey’s thriving downtown core, education centres like Simon Fraser University (SFU), and employment districts. 

Pura 
Adjacent to Surrey Central SkyTrain Station   
Pura is just a 13-minute walk from Surrey Central SkyTrain Station, offering the perfect balance of convenience and wellness in your daily life. Stay connected to everything you need, from serene nature trails and parks to the lively energy of Central City’s taphouses, restaurants, and shopping. At Pura, you can embrace a vibrant downtown lifestyle—without being right in the center of it. 

Government Support and Policies Driving TOD Development

Transit-oriented developments aren’t just a market-driven trend—they’re also heavily supported by government policy at municipal, provincial, and federal levels. Recognizing the environmental, economic, and social benefits of compact, transit-connected communities, policymakers have introduced a range of programs and legislative measures designed to encourage TOD growth across Metro Vancouver.   

• Metro 2050 Regional Growth Strategy: Focuses on mixed-use communities near transit hubs.
   
• Homes for People Plan: Supports affordable housing development near transit.
   
• Density Bonuses and Zoning Adjustments: Offer incentives for developers building near transit.
   
• Federal Infrastructure Investments: Fund major transit projects like SkyTrain expansions.
   
• Streamlined Development Approvals: Simplify permitting processes for TOD projects.
   
• Climate Action Commitments: Integrate sustainability and energy efficiency standards into new builds.   

Looking Ahead: The Future of TODs in Metro Vancouver   

With transit expansion shaping the future of urban development in Metro Vancouver, TODs are more than a passing trend—they’re the future of housing. As demand for walkable, well-connected neighbourhoods grows, TODs will continue to attract buyers and investors who value convenience, sustainability, and long-term potential.   

From young professionals looking for quick downtown access to downsizers seeking low-maintenance, car-free living, TODs offer unmatched appeal. As infrastructure projects like the Surrey-Langley SkyTrain extension and Broadway Subway expansion near completion, the real estate market around these transit corridors is set to see even greater activity. The continued focus on transit-driven development ensures that Metro Vancouver will remain a competitive and desirable housing market for years to come, offering dynamic opportunities for both homebuyers and investors alike.