Vancouver Foreclosures 2026: Where the 423 Listings Actually Are

Surrey proper has 70 active foreclosures and North Surrey another 40, so 110 sit inside those two board areas alone. Add the other two areas that make up the City of Surrey, Cloverdale with 10 and South Surrey White Rock with 24, and the city accounts for 144 of the province's 423. That puts better than a third of every active foreclosure in British Columbia inside one municipality.

The medians inside Surrey diverge far more than the counts do. North Surrey's 40 sit at $842,000, one of the cheapest concentrations anywhere in this data. South Surrey White Rock's 24 sit at $1,592,500, nearly double that. Someone saying they are looking at Surrey listings is describing two very different searches depending on which half of the city they mean.

Volume by itself does not make Surrey a bargain hunt. Surrey carries 1,465 active listings and North Surrey another 1,323, so a larger raw count of anything there is expected. What the number buys you is choice. If you want more than a handful of court-ordered files to compare against each other, Surrey is where that comparison is possible.

Foreclosure is a condition of the owner, not of the postcode

West Vancouver has 12 active foreclosures at a median asking price of $1,990,000. Coquitlam has 11 at $1,790,000, New Westminster has 17 at $1,700,000, and Richmond has 17 at $1,450,000. Vancouver West and Vancouver East hold 49 between them, at medians of $1,272,000 and $1,414,500.

The neighbourhood detail is sharper still. Coal Harbour has 5. Yaletown has 3, the West End has 3, and Horseshoe Bay has 3. The British Properties, Cypress Park Estates, Downtown, Cambie and Oakridge have 2 each. None of those are distressed postcodes. Several of them are among the most expensive addresses in the country, and West Vancouver in particular is not a place anyone associates with financial trouble.

This is the whole point of mapping the segment. Foreclosure is a condition of the owner's finances, not a condition of the neighbourhood. A $4,000,000 house carrying a $3,200,000 mortgage fails faster after an income interruption than a $600,000 condo owned outright. Leverage travels everywhere, and an expensive postcode offers no protection from it. Buyers who assume court-ordered sales only happen in cheap suburbs are searching the wrong half of the province.

The same logic runs to the other end of the price range. Chilliwack's 21 active foreclosures sit at a $399,000 median asking price, the lowest of any area in this data by a wide margin. The next cheapest are the Sunshine Coast at $699,000 across 9 listings and North Surrey at $842,000 across 40. Nothing else in BC gets under $899,000.

The eastern Fraser Valley carries a real share of the total: Chilliwack 21, Abbotsford 33, Mission 12, Sardis 5 and the Cultus Lake area 3. That is 74 listings, or 17.5% of every active foreclosure in the province, sitting in the part of BC with the lowest prices to begin with. If your budget is closer to $400,000 than $1,400,000, Chilliwack and its neighbours are where the court-ordered inventory meets it.

The clusters are small, and that matters

Only one neighbourhood in Metro Vancouver holds more than five active foreclosures at once. Here is every cluster of two or more.

• Seven: The Heights in New Westminster
• Five: Coal Harbour, Renfrew
• Four: Collingwood, South Marine
• Three: Brighouse, Granville, the West End, Renfrew Heights, Yaletown, Moody Park, Coquitlam West, Horseshoe Bay
• Two: Cambie, the British Properties, Downtown, Mount Pleasant, Oakridge, Cypress Park Estates, Edmonds, South Vancouver, Hastings Sunrise, Brighouse South, McLennan, Central Lonsdale

New Westminster is the one city where the clustering is worth a second look. The Heights and Moody Park together hold 10 of the city's 17, and the city's $1,700,000 median foreclosure ask sits far above the $700,000 median asking price across New Westminster's 621 active listings. That gap suggests the New Westminster files skew toward the top of the city's housing stock rather than the condo inventory it is better known for.

Everywhere else, read a count of two or three as what it is: a few individual households whose finances went wrong in the same few blocks, not a neighbourhood in decline. There is no neighbourhood in British Columbia where foreclosures are a meaningful share of what is for sale.

72 of the 423 are land, and that is the real anomaly

By property type, the 423 break down as 212 detached houses, 91 condos, 72 land parcels, 37 townhouses, 4 half duplexes, 2 duplexes and 4 others. The land figure is the one that does not look like the rest of the market. Raw land is roughly one in six BC foreclosures and nowhere near one in six listings overall.

Land fails differently from housing. A parcel bought to develop carries the loan, the property taxes, and the servicing costs with no rent coming in and nobody living in it, so a stalled rezoning or a financing gap has nothing to absorb it. When land values flatten, the holding cost is the entire cost. Seventy-two vacant parcels in court-ordered sale is a fair measure of how many small development plays in BC did not finish.

For a buyer, land is also the hardest of these to borrow against, which thins the bidding pool considerably. That is a financing question rather than a geography one, and we cover it in the guide to financing a foreclosure in BC.

Finding 423 listings inside 29,155

One and a half percent. That is the share of active listings on the two boards that are court-ordered sales, and it is why browsing does not work here. At that density, you can scroll an entire region's inventory and come across one. You have to filter for them on purpose.

Zealty has a Court-Ordered Sale filter built for exactly this. Switch it on, and the map or list view shows only those listings across whatever area you draw. Draw a polygon around the parts of Metro Vancouver you would genuinely live in, save the search, and let the email alerts watch it for you, because the good ones do not sit unnoticed for long. The map search is the fastest place to start.

What these 423 eventually sell for is a separate question with a genuinely surprising answer, and it deserves its own post rather than a line in this one. This map only tells you where to point the filter.

The mechanics are covered elsewhere too, so this post does not repeat them: how to find and buy a foreclosure in BC for the buying path, the BC foreclosure process for the legal timeline and the redemption period, and court-ordered sales and bidding strategy for what happens in the courtroom on approval day.

Bottom Line

423 active foreclosures, 144 of them inside the City of Surrey, 12 in West Vancouver at a $1,990,000 median, 21 in Chilliwack at $399,000, and 72 of them vacant land. That distribution does not follow the map of where British Columbia is expensive or cheap. It follows the map of who borrowed heavily and then had something go wrong, and that is spread across every price band in the province.

So work the segment with a filter rather than a hunch. Cover more than one region, look at the expensive end as well as the cheap one, and set up a court-ordered sale search on Zealty so the next 423 come to you.