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Homes for Sale in Abbotsford BC

Whether you are a young family searching for townhouses or Abbotsford homes for sale, or you are a recent University of the Fraser Valley Graduate looking for 2-bedroom condos in Abbotsford, in order to get started in the Abbotsford Real Estate Market, call or text the Taylor Team at 1-778-316-4290. Abbotsford BC Real Estate is great place to start and our Stonehaus real estate agents are here to help. Matsqui, Bradner and Sumas Mountain areas of Abbotsford, British Columbia all hold some of the most amazing views of Mount Baker, the Fraser Valley and the Pacific Coast Mountains, making Abbotsford very high in demand. Abbotsford MLS listings show this area as being very active and a good investment for your future.

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For sale
$12,400,000
5782 MT LEHMAN ROAD, Abbotsford, British Columbia

5782 Mt Lehman Road

Abbotsford, British Columbia

Welcome to Singletree Winery - A Tranquil Haven in the Heart of the Fraser Valley. This 67-acre generational property in historic Mt Lehman features 2 homes: a beautiful 6,100+ sq ft main residence and a 1,800 sq ft secondary home. The estate includes a 175' x 50' winery building, 30' x 20' wine shop, and an 820' x 72' poultry barn. With an events license in place, it offers exciting potential to host weddings & special gatherings in a scenic vineyard setting. Enjoy the privacy of countryside living with the convenience of being just 5 minutes from Highway 1. Located on a high-exposure corner lot at Harris Road & Mt Lehman boasting 600 metres of frontage, this property provides unmatched visibility, stunning Mt Baker views, and a rare opportunity to own in Fraser Valley wine country. (id:48205)

4 Bedroom 5 Bathroom 6,159 ft2
For sale
$10,995,000
39464 WELLS LINE ROAD, Abbotsford, British Columbia

39464 Wells Line Road

Abbotsford, British Columbia

SEE VIRTUAL TOUR! 78.25 acres in the Sumas Prairie is ready for new owners. 74 acres is farmable. Driveway has been built up - $120k spent on crushed gravel! The main barn features, 3 Phase power shared between the barn, with a 16 Foot Drive-thru bay door, and a heated office. The property comes with 2 seperate homes, on septic with city water. Property has a sloped manure lagoon, 72 stall heifer barn & 110' x 28' exposed bunker. (id:48205)

3 Bedroom 3 Bathroom 2,905 ft2
For sale
$8,700,000
1963 TOWNLINE ROAD, Abbotsford, British Columbia

1963 Townline Road

Abbotsford, British Columbia

HOLDING OPPORTUNITY FOR INVESTORS: 7.44 ACRES IN SPECIAL STUDY AREA B - Abbotsford OCP has designated this land for Future Industrial due to its immediate proximity to the Airport and Highway 1. Must comply with existing agricultural zoning until the City of Abbotsford and Agricultural Land Commission (ALC) are in agreement for the property to be taken out of the Agricultural Land Reserve (ALR). Features a 2,560 SQFT Home (3 beds/2 baths), 300 SQFT Detached Garage, 800 SQFT Greenhouse, 4 Acres of Duke Blueberry, and 1.5 Acres of Saanich Raspberry. Frontage on both Townline Road and Queen Street, and is one parcel away from the Marshall Road Intersection. Fully serviced with City Water and Natural Gas. Call for more information. (id:48205)

For sale
$8,700,000
1963 TOWNLINE ROAD, Abbotsford, British Columbia

1963 Townline Road

Abbotsford, British Columbia

HOLDING OPPORTUNITY FOR INVESTORS: 7.44 ACRES IN SPECIAL STUDY AREA B - Abbotsford OCP has designated this land for Future Industrial due to its immediate proximity to the Airport and Highway 1. Must comply with existing agricultural zoning until the City of Abbotsford and Agricultural Land Commission (ALC) are in agreement for the property to be taken out of the Agricultural Land Reserve (ALR). Features a 2,560 SQFT Home (3 beds/2 baths), 300 SQFT Detached Garage, 800 SQFT Greenhouse, 4 Acres of Duke Blueberry, and 1.5 Acres of Saanich Raspberry. Frontage on both Townline Road and Queen Street, and is one parcel away from the Marshall Road Intersection. Fully serviced with City Water and Natural Gas. Call for more information. (id:48205)

3 Bedroom 2 Bathroom 2,560 ft2
For sale
$8,490,000
3387 TOLMIE ROAD, Abbotsford, British Columbia

3387 Tolmie Road

Abbotsford, British Columbia

This unique and special 20 acre fruit farm houses an estate winery, craft distillery, tasting room, event venue, cocktail lounge, restaurant, and a small wholesale greenhouse operation. The property has two residences: a newly renovated 5 bedroom 3 bathroom home with professional grade appliances and a 1,637sqft secondary dwelling inspected in 2018. The property does a tremendous amount of wedding business in its event venue, able to host unlimited weddings. The event space has a capacity of 140 guests. The property has both a manufacturing and a lounge liquor license. The property also has 10 acres of mature blueberries and 2 acres of wine grapes. We respectfully ask that you do not solicit or approach and discuss sale with staff. The property is a fully operational business. (id:48205)

5 Bedroom 3 Bathroom 3,111 ft2
For sale
$8,490,000
3387 TOLMIE ROAD, Abbotsford, British Columbia

3387 Tolmie Road

Abbotsford, British Columbia

This unique and special 20 acre fruit farm houses an estate winery, craft distillery, tasting room, event venue, cocktail lounge/restaurant, and a small wholesale greenhouse operation. It operates as Ripples Estate Winery/The Secret Garden Wedding Venue/New Wave Distilling. The property does a tremendous amount of wedding business in its event venue, able to host unlimited weddings. The event space has a capacity of 140 guests. The property has both a manufacturing and lounge liquor licenses. The property also has 10 acres of mature blueberries and 2 acres of wine grapes include Pinot and Gris, Ortega, Riesling, Gewurztraminer and Bacchus. The property has two residences: a newly renovated 5 bedroom 3 bathroom home with professional grade appliances and an 1,637 square foot secondary dwelling inspected in 2018. We respectfully ask that you do not solicit or approach and discuss sale with staff. The property is fully operational business. (id:48205)

For sale
$8,488,880
32288 KING ROAD, Abbotsford, British Columbia

32288 King Road

Abbotsford, British Columbia

15,000 SQFT estate home unlike any other offered today! Sitting on nearly 12.5 Acres, the 700 foot tree-lined driveway leads to stunning home w/ fountain & circular driveway. Built to a scale of grandeur seldom offered in the Fraser Valley, grand staircase overlooks living room w/ towering windows & floor to ceiling fireplace. 6 separate master suites, incl an Owners Wing, study w/ hidden door & a nanny/in-law suite - total 8 beds/12 baths! Basement, patios & yard can entertain 100+ guests w/ commercial kitchen. Perfect for private estate, Luxury B&B, berries or horse facilities w/ a second residence etc! On desirable King Road, minutes from Hwy 1 & industrial park. ALC Restrictions - Can't build this big & difficult to set home this far back! Land is cleared & ready for your ideas! (id:48205)

8 Bedroom 12 Bathroom 15,005 ft2
For sale
$7,299,000
30736 BURGESS AVENUE, Abbotsford, British Columbia

30736 Burgess Avenue

Abbotsford, British Columbia

Your new home search stops here! Experience the pinnacle of rural-urban fusion at this Tuscan-inspired estate nestled on 19.75 acres in historic Mt. Lehman. Spanning 7500+ sqft, this residence seamlessly marries elegance with practicality, boasting a grand kitchen, cutting-edge pool, and superb entertainment areas. Bask in rural serenity amid rolling hills and vineyards, yet enjoy swift access to amenities, schools, and dining. Equine enthusiasts will relish the spacious barn and fenced pasture, while the nearby Trans Canada Trail beckons adventurers. Offering unmatched luxury, seclusion, and convenience, 30736 Burgess presents a once-in-a-lifetime opportunity! Don't wait; book your private tour today! (id:48205)

5 Bedroom 6 Bathroom 7,586 ft2
For sale
$6,900,000
39205 NORTH PARALLEL ROAD, Abbotsford, British Columbia

39205 North Parallel Road

Abbotsford, British Columbia

72.48 Acre Operating Dairy Farm with 2 Homes. Main home was built in 1995 and total 2,540 sq/ft with 3 bed / 3 bath. Office, laundry, and primary suite on main floor. Two bedrooms & loft upstairs. Wide windows which provide ample natural light, wrap around covered porch, and patio space. Updated 4 bed/1 bath 2nd home. State of the art main barn built in 2019. This 285' x 106' barn houses 119 stalls with drive thru alleys, OH doors, GEA cable alley scrapers, curtains, and LED lighting. The double-8 parabone milking parlor features Afi auto take-offs, a back flush system, a 3,000 US gallon milk tank, Mueller HiPerForm III computerized cooling controls, and DeLaval equipment. 40' x 80' bunker, 24' x 80' implemented storage, 80' x 120 ' x 10' deep lagoon. Cows and Quota available at market value. (id:48205)

For sale
$6,900,000
39205 NORTH PARALLEL ROAD, Abbotsford, British Columbia

39205 North Parallel Road

Abbotsford, British Columbia

72.48 Acre Operating Dairy Farm with 2 Homes. Main home was built in 1995 and totals 2,540 sq/ft with 3 bed / 3 bath. Office, laundry, and primary suite on main floor. Two bedrooms & loft upstairs. Wide windows which provide ample natural light, wrap around covered porch, and patio space. Updated 4 bed/1 bath 2nd home. State of the art main barn built in 2019. This 285' x 106' barn houses 119 stalls with drive thru alleys, OH doors, GEA cable alley scrapers, curtains, and LED lighting. The double-8 parabone milking parlor features Afi auto take-offs, a back flush system, a 3,000 US gallon milk tank, Mueller HiPerForm III computerized cooling controls, and DeLaval equipment.40' x 80' bunker, 24' x 80' implement storage, 80' x 120' x 10' deep lagoon. Cows and Quota available at market value. (id:48205)

3 Bedroom 3 Bathroom 2,540 ft2
For sale
$6,390,000
6077 ROSS ROAD, Abbotsford, British Columbia

6077 Ross Road

Abbotsford, British Columbia

For more information, please click Brochure button. Discover sweeping views from Golden Ears to Mount Baker on this spectacular 51-acre estate property. Located in the picturesque farming community of Mount Lehman, this property is in one of the most sought-after neighbourhoods throughout the Fraser Valley. The verdant rolling pastures provide a stunning canvas for your vision. Experience a peaceful, rural setting while enjoying proximity to local amenities, such as schools, shopping, wineries, and restaurants. Situated on a quiet road, you can find yourself at Abbotsford International Airport in 14 minutes, the US border crossing in 21 minutes, and Vancouver in an hour. One of a kind! All measurements are approximate. Additional accommodation on lot. (id:48205)

2 Bedroom 2 Bathroom 1,500 ft2
For sale
$5,995,000
3593 MCDERMOTT ROAD, Abbotsford, British Columbia

3593 Mcdermott Road

Abbotsford, British Columbia

58.6 ACRE BLUEBERRY FARM WITH HIGH RENTAL INCOME! Includes 2,624 SQFT Primary Home with 6 Beds/2 Baths, 1,600 SQFT Secondary Home with 4 Beds/1 Bath, and 17,000+ SQFT Storage Barn. 47 acres planted in Bluecrop, Duke, Calypso & Bonus varieties, plus 6 acres of arable land for future planting. Fully set up for drip irrigation and machine harvesting. Prime Abbotsford location with great highway exposure, minutes from city amenities. Connected to City Water, Natural Gas & BC Hydro. Excellent long-term investment! (id:48205)

6 Bedroom 2 Bathroom 2,624 ft2
For sale
$4,999,000
3051 ELDRIDGE ROAD, Abbotsford, British Columbia

3051 Eldridge Road

Abbotsford, British Columbia

This property is NOT located within the Agricultural Land Reserve (ALR), providing greater flexibility. It is a prime 5.87 acre property boasting exceptional highway exposure, featuring a vast 3.5+ acre gravel lot ideal for agricultural commercial ventures. Includes a spacious 4,729 sq. ft. residence, a 677 sq. ft. detached garage, and a 7,007 sq. ft. barn, offering versatile opportunities for business or agricultural use. This unique property combines strategic location with substantial infrastructure, making it a valuable investment opportunity. (id:48205)

For sale
$4,888,000
1283 GLADWIN ROAD, Abbotsford, British Columbia

1283 Gladwin Road

Abbotsford, British Columbia

ESTATE HOME IN THE BEST LOCATION OF ABBOTSFORD! 4.85 Acres with exquisite custom built 8539 SQ/FT LUXURY home built in 2021. Approx 3.75 Acres CLAPYSO Blueberries! Exceptional millwork & massive decks/patio throughout. Main floor boasts grand living & family room, formal dining, entertainment kitchen, spice kitchen, mudroom, office, & spacious primary suite. 4 Primary Bedrooms upstairs with large closets! Entertainer's dream amazing bar & bunker theater room. 2 Bedroom Legal suite & room for in laws. BONUS 1170 SQ/FT accessory building with 4 garages including high Bay door. Portion high ceilings with room for your office or extended family. AMAZING RENTAL $5600/mo. Property features 3 driveways, City Water, newer Drilled Well, mins to ALL AMENITIES McCallum & Clearbrook Hwy 1 onramp (id:48205)

10 Bedroom 10 Bathroom 8,539 ft2
For sale
$4,750,000
28422 FRASER HIGHWAY, Abbotsford, British Columbia

28422 Fraser Highway

Abbotsford, British Columbia

4.79 ACRES WITH 2 HOUSES AND HIGH EXPOSURE! The estate home sits at the rear of the property, offering total privacy along with stunning mountain and valley views. The custom-built 6,513 SQ/FT residence features 8 Bedrooms and 8 Bathrooms, ideal for multigenerational living. Includes 4 Master Bedrooms with en-suites and walk-in closets, plus a spacious legal 2-bedroom suite. A 1,800 SQ/FT Workshop and 0.5 Acre of parking area provide excellent business potential near Fraser Highway, with high traffic and visibility-perfect for an agri-business. The Mobile Home is 780 SQ/FT with 2 Bedrooms and 1 Bathroom. Conveniently located near all amenities with easy access to Fraser Highway, Highway #1, and the USA Border. (id:48205)

8 Bedroom 8 Bathroom 6,513 ft2
For sale
$4,699,999
32354 MARSHALL ROAD, Abbotsford, British Columbia

32354 Marshall Road

Abbotsford, British Columbia

Incredible MIXED USE opportunity in CENTRAL ABBOTSFORD! This rare property offers both RESIDENTIAL and COMMERCIAL components on a high exposure lot, making it an ideal choice for INVESTORS or OWNER OPERATORS looking for stable income and future growth potential. Upstairs features TWO spacious RESIDENTIAL units totaling 2,823 sqft with a combined 6 bedrooms and 4 bathrooms, each with full kitchens and bright living areas. Ground level, the 4,165 sqft COMMERCIAL space includes a convenience store, daycare, pizza shop, and salon. Have the option to grow the daycare (check with the city) Steps from transit, schools & amenities. With ample parking and high visibility this will be INCOME PRODUCING from day one! Bring your own ideas to grow in this prime location. (id:48205)

6 Bedroom 7 Bathroom 6,988 ft2
For sale
$4,600,000
3155 BRADNER ROAD, Abbotsford, British Columbia

3155 Bradner Road

Abbotsford, British Columbia

LOCATION! LOCATION! LOCATION! This stunning East facing 2 stories house has 6 beds and 4 baths, this under 10 acre hobby farm is located in West Abbotsford, the land is relatively flat, close to schools, shopping, parks, public transport, Fraser highway and Trans Canada highway. This property is producing some income from 3 acres of Duke berry and some rental income (ask for more details). Well is drilled for irrigation and berry can be extended on 3 more acres. This house has a potential for 2 bedrooms BSMT suite for mortgage helper. It has 2 roads frontage for easy access for large vehicles, a large 30x70 metal clad workshop/barn and 1 covered sundeck to entertain guests. CONTACT FOR A PRIVATE VIEWING. (id:48205)

6 Bedroom 4 Bathroom 2,894 ft2
For sale
$4,299,000
2549 MONTVUE AVENUE, Abbotsford, British Columbia

2549 Montvue Avenue

Abbotsford, British Columbia

Invest today. New building 8 one-bedroom apartments with laundry elevator access with 1381 sq.ft. of commercial space ideal for restaurant, offices, heart of downtown Abbotsford. (id:48205)

For sale
$4,200,000
1660 LEFEUVRE ROAD, Abbotsford, British Columbia

1660 Lefeuvre Road

Abbotsford, British Columbia

Incredible 15-acre opportunity at 1660 Lefeuvre Road, Abbotsford! No stream, two strong wells, three residences including a 3-bedroom 2-bath home, two legal trailer homes (2 bedroom and 3 bedroom), retail space, agri-tourism space, plus four WORKSHOPS. Features 5,477 sq. ft. retail space, 5,087 sq. ft. agri-tourism space, 3900 sq feet two story workshop, 2019 sq feet two story workshop, 1750 sq feet two storey workshop, and another 875 sq feet workshop.. 9,000 sq. ft. new permit barn also buildable. Two road frontages with three driveways. Ready for retail, farming, or agri-business-endless potential awaits! (id:48205)

3 Bedroom 2 Bathroom 2,150 ft2
For sale
$4,195,000
34659 TOWNSHIPLINE ROAD, Abbotsford, British Columbia

34659 Townshipline Road

Abbotsford, British Columbia

CALYPSO & DUKE BLUEBERRY FARM! Nearly 30 acre property featuring a 2,880sqft 4-bed & 2-bath home & approx. 2,500sqft detached workshop w/ large bay doors. Approx. 27.5 acres are planted. The Duke variety is high producing planted at 1FT & in full production. Calypso variety has been laser levelled and professionally planted at 2.5FT. Large frontage, well-drained & the house has plenty of privacy. Situated on a no thru street. An amazing location to BUILD YOUR DREAM HOME with picturesque mountain views. City water! Amazing concrete driveway turnaround for truckers & located minutes to Hwy 11. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT. (id:48205)

For sale
$4,150,000
1436 HOPE ROAD, Abbotsford, British Columbia

1436 Hope Road

Abbotsford, British Columbia

9.1 ACRES WITH 2 HOMES, BLUEBERRY, AND RENTAL INCOME! Features a 4,434 SQFT Primary Home with 7 Bed/6 Bath, Legal Suite, Spice Kitchen, Air Conditioning, Backup Generator, and Private Backyard. Includes a 2,073 SQFT Secondary Home with 6 Bed/2 Bath which is ideal for Extended Family or Rental Income and has its own Private Backyard. Total of 8 Acres of Blueberry Planted with 5 Acres of Bluecrop and 3 Acres of Duke, professionally setup for Drip Irrigation and Machine Harvesting. Three Separate Driveways for Primary Home, Secondary Home, and Farm Access. Lots of room to Park Two Trucks or Build a Shop. Property is Out of Floodplains and located in a high appreciation area due to proximity to the Airport, Highway #1, USA Border, and all City Amenities. (id:48205)

7 Bedroom 6 Bathroom 4,434 ft2
For sale
$3,999,900
32500 VERDON WAY, Abbotsford, British Columbia

32500 Verdon Way

Abbotsford, British Columbia

Welcome to one of Abbotsford's most coveted estate properties on Verdon Way-where luxury, lifestyle, and location align on a private 1-acre lot. Thoughtfully reimagined by Su Casa Design, this timeless residence feels straight out of a Restoration Hardware catalogue. Soaring vaulted ceilings, exposed beams, and curated finishes flow through bright, airy spaces-including a stunning sunroom addition. With 4 bedrooms, 5 bathrooms, and a beautifully finished 1-bed in-law suite, this home offers flexibility and elegance. Outside, enjoy a saltwater pool, hot tub, covered pergola with fire table, basketball court, and lush landscaping-ideal for entertaining or relaxing in complete privacy. In the heart of Abbotsford, this is estate living redefined-elegant, expansive, and made for memorable moments. Explore the full list of features, amenities, and stunning photos through the virtual tour. Homes like this rarely come available-schedule your private viewing today. (id:48205)

4 Bedroom 5 Bathroom 5,480 ft2
For sale
$3,999,000
39809 NO. 3 ROAD, Abbotsford, British Columbia

39809 No. 3 Road

Abbotsford, British Columbia

Prime corner property on NO 3 exit from freeway going towards Yarrow. Zoned C1, Approximately 32000 SQ. FT. lot, over 6000 sq. ft. building. 2 road frontage. lots of traffic. Only commercial property left on that exit. Building is over 7000 sq feet. (id:48205)

For sale
$3,998,000
4292 SELDON ROAD, Abbotsford, British Columbia

4292 Seldon Road

Abbotsford, British Columbia

Incredible 17.5-acre corner parcel on Seldon Road with 2 road frontages and 2 separate entrances. The upper portion features a beautifully renovated, nearly 3,000 sqft home with spacious bedrooms, a chef's kitchen, tons of natural light, and panoramic mountain and city views. Enjoy your evenings on the patio with the family while enjoying these unbeatable views. Bluecrop blueberries are also planted on the upper land. Down below at the second entrance, find a gravel yard ideal for truck parking or equipment storage with its own dedicated driveway. Multiple income streams and future potential! (id:48205)

5 Bedroom 3 Bathroom 2,813 ft2
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About The City of

Abbotsford

Traditionally, Abbotsford was made up of predominantly farmland and the vast majority of the area surrounding Abbotsford still is. However, Abbotsford BC Real Estate has recently undergone some drastic changes, and new home developments have now incorporated an inspiring combination of modern urban style and friendly country living.

Neighborhoods in

Abbotsford

East Abbotsford homes for sale are always in high demand in popular areas like Eagle Mountain, McKee, Whatcom, Auguston, Sandy Hill, Clayburn, and more. Central Abbotsford homes are also growing in demand as young families move into older homes and do their own dream renovation to bring the home up to today’s standards.

Abbotsford homes for sale in areas like Bradner and Sumas Mountain make for a great place to live for people from all walks of life. This area of the Fraser Valley is also an amazing place for those that want to downsize and live a quiet life of retirement, especially those who have recently became empty nesters and would like to move into a rancher style home in Abbotsford.

  • Aberdeen

  • Arnold
  • Auguston
  • Blueridge
  • Bradner
  • Clayburn
  • Clearbrook
  • Downtown
  • Eagle Mountain
  • Gifford
  • Glen Mountain
  • Huntingdon
  • Kilgard
  • Matsqui
  • McKinley Heights
  • Mill Lake
  • Mount Lehman
  • Sandy Hill

Amenities in

Abbotsford

Over the last two decades, the City of Abbotsford has worked in partnership with dozens of park boards, developers, and school districts to further develop Abbotsford into a lively and community-centric city.

The Parks Department of the City of Abbotsford manages several parks, athletic fields, and many recreational and cultural centres that are subsidized through municipal taxes. These programs are developed to ensure that the local residents are engaging in healthy activities and contributing to the cultural growth of the community.

  • Abbotsford Recreation Centre
  • Matsqui Recreation Centre
  • Abbotsford Exhibition Park
  • Mill Lake Park
  • Fishtrap Creek Park
  • Albert Dyck Memorial Park
There are over 50 schools in Abbotsford, from private elementary schools all the way to highly-rated public universities (UFV). With so many educational institutions in town, there is a school for everyone!

  • University of the Fraser Valley (UFV)
  • Mennonite Educational Institute (MEI)
  • W.J. Mouat
  • Robert Bateman
  • Abbotsford Secondary
  • St. John Brebeuf
  • Aberdeen Elementary
  • Matsqui Elementary
Local entrepreneurs, developers, and government boards have been working in direct connection with one another to build out the shopping and entertainment districts of Abbotsford.

  • Highstreet Shopping Centre
  • Sevenoaks Shopping Centre
  • West Oaks Mall
  • Cineplex VIP Cinemas
  • Abbotsford Entertainment Centre
  • Castle Fun Park
The City of Abbotsford has been actively improving the transit accessibility of its community. Historically recognized as a car-dependent city, this community has been at the forefront of improving walkability with recent projects surrounding High Street and Montrose.

  • Uber
  • BC Transit
  • International Airport (YXX)

Economic Stats for

Abbotsford

If you’re thinking about buying a home in Abbotsford, it is important that you consider the economy factors at play and determine whether those trends are inline with a community you want to invest into. Whether you’re a first time homebuyer, long term rental investor, or a family looking to relocate to the Fraser Valley, you should always consider the state of the local economy before purchasing a new property.

As of 2021, the City of Abbotsford has an approximate population of 141,489 people. The population has been growing at a rapid pace of 1.5% per year for well over a decade.
Out of approximately 50,000 households in Abbotsford, the vast majority of families have a household income well between $60,000 to $150,000 or more. While the household incomes are stable, they’re also well above the national median income of $72,000 per year.

Abbotsford’s real estate market continues to steadily rise over the last decade. The FVREB predicts continued growth in real estate prices in all neighbourhoods within Abbotsford.

Abbotsford July 2020 Price Three Year % Change
Detached House $831,600 28.7%
Townhouse $462,800 34.2%
Apartment/Condo $322,200 48.3%

(From MLS® Home Price Index – Fraser Valley Real Estate Board July 2020.)

Residential Property Tax Rate for Abbotsford from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.327%     0.150%       0.504%
2019     0.309%     0.140%       0.474%
2018     0.335%     0.149%       0.513%
There are several large economic drivers in Abbotsford that have a significant impact on the local demographics, income, and culture.

Abbotsford, BC is home to the University of the Fraser Valley (UFV), the Tradex building, and the Abbotsford International Airport, which also hosts the annual Abbotsford International Airshow. Abbotsford also has a relatively new state-of-the-art Hospital and Cancer Centre and this growing Fraser Valley community has some of the most sought-after schools in BC. Abbotsford also enjoys a large amount of Commercial Real Estate, making the city completely self-sufficient and ever ready for expansion and growth.

For those who like to save by going across the border to the US to purchase gas, milk, cheese and common household groceries, Abbotsford is ideally located next to the Canada/US Sumas border making it very convenient to save on some additional living costs.

Rental Potential in

Abbotsford

Investor types need to make sure the numbers on the property make sense in order to properly assess the risk-to-reward. While these numbers are rough estimates, they do provide a starting point for real estate investors to gather information and begin the due diligence process.

Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.

  • Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
  • Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
  • Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In Abbotsford, you can expect to pay around 0.504% of the BC assessment value each year.
  • Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
  • Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
  • Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.
While the cost of real estate has been steadily rising in Abbotsford for the last several decades, so has the average rents.

According to CMHC, the average rent in Abbotsford has been rising every year. From 2014 to 2019 rents have risen from $768 to $1,045 per month.

Vacancy rates in Abbotsford remained at the lowest levels seen in the last 20+ years. With an average vacancy rate of 0.68% over the last five years.

It is worth mentioning that monthly rents in Abbotsford can vary greatly depending on the neighbourhood, quality of finishings, and the size of the property. A property on Eagle Mountain may demand double the monthly rents compared to a house in Central Abbotsford and vice versa.

Estimated Monthly Rents:

1 Bedroom – $1,100 – $1,300 per month

2 Bedroom – $1,500 – $1,800 per month

3 Bedroom – $2,300 – $2,700 per month