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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 Sutton 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
$1,549,000
33541 CANNON AVENUE, abbotsford, British Columbia

33541 Cannon Avenue

Abbotsford, British Columbia

LAND ASSEMBLY - A Unique opportunity to acquire a development site consisting of 3 adjacent single-family homes located at 33533, 33541 & 33551 Cannon Avenue! By assembling these three properties, totaling 23,915 (180 frontage by 134) you can unlock their combined potential for a larger development project. No easements or creeks, flat land, ready and prefect for development. This development site is conveniently located in Central Abbotsford within close proximity to the new Montrose bus exchange (TOA Density), all levels of schools, numerous parks, restaurants, Abbotsford Regional Hospital & Cancer Center, McCallum Junction, recreation, public transit & Hwy.1, making it an ideal location! Bring your vision to life, contact us now to obtain an information package and schedule a showing. (id:48205)

3 Bedroom 1 Bathroom 1906
For sale Open House
$1,540,000
3494 PROMONTORY COURT, abbotsford, British Columbia

3494 Promontory Court

Abbotsford, British Columbia

Welcome to a Promontory Estates, where panoramic valley views captivate the senses. This home boasts spacious family, living, and dining areas that create an inviting ambiance for relaxation and gatherings. With an impressive total of 7 bedrooms and 5 full bathrooms, including 5 beds and 3 baths featuring dual master bedrooms upstairs, this residence caters to your lifestyle. A 2-bedroom legal suite on the main floor offers flexibility and potential income. Practicality and sophistication merge effortlessly with features like en-suite laundry, a built-in vacuum system, and a double-car garage. Conveniently located near all levels of schools, shopping, highway access, and Gurdwara Sahib, Don't miss out on the chance to experience this remarkable Promontory Estates property. call today! (id:48205)

7 Bedroom 5 Bathroom 2910 sqft
For sale
$1,500,000
32120 BALFOUR DRIVE, abbotsford, British Columbia

32120 Balfour Drive

Abbotsford, British Columbia

Fairfield Estates. 2 story with basement home. This home features 3 bedroom upstairs along with 2 washrooms. Huge walk-in closet off upstairs master.Den,family room, living room and powder room on main floor This home also features some renovations which include the kitchen, washrooms, central A/C. Bonus with full basement which has separate entry.This home is just minutes away from all levels of school a Recreation centre, park, shopping and Rotary stadium.Come check out this (id:48205)

7 Bedroom 4 Bathroom 3327
For sale
$1,499,999
34107 ALMA STREET, abbotsford, British Columbia

34107 Alma Street

Abbotsford, British Columbia

Investors Alert!! Welcome to your spacious single-family home in the heart of Central Abbotsford! Situated on an expansive lot spanning nearly 9800 square feet, this property offers ample space and potential. With 6 bedrooms, 2 bathrooms, and a large sun deck, it's perfect for families seeking room to grow and entertain. Conveniently located within walking distance to schools, transit, and amenities, everything you need is just steps away. Plus, being in a development area means the potential to build multiple homes (Check with City). Fantastic opportunity for investors or those looking to expand. Basement suite providing a mortgage helper, this home offers both versatility and financial flexibility. Don't miss out on this incredible deal. Call us today to seize this opportunity! (id:48205)

6 Bedroom 2 Bathroom 2227
For sale
$1,499,999
33705 MAYFAIR AVENUE, abbotsford, British Columbia

33705 Mayfair Avenue

Abbotsford, British Columbia

Great opportunity here with a Urban 3 Infill Zoning which allows for DUPLEX or a LARGE 3 STOREY HOME. This property has DEVELOPMENT potential for townhomes or row homes. Value is primarily in the land. Very centrally located in the U district. A great future development area with a fantastic rental property for holding. Close to medical services, hospital, shopping, parks, great schools, and hop skip and a jump from freeway access. Call today for more information. (id:48205)

4 Bedroom 1 Bathroom 1500
For sale
$1,499,900
3303 MCKINLEY DRIVE, abbotsford, British Columbia

3303 Mckinley Drive

Abbotsford, British Columbia

Beautiful 4-5 bedroom,4 bathroom 3 story home with a double garage and a 560 sq ft bunker. This home is located is East Abby's desirable Mckinley Heights, close to schools, parks nad just a short 8 minute drive from the freeway. This home has had many upgrades over the last few years: 2009:heat pump, furnace, sundeck roof, hot water tank, crown moulding, 2024: apoxy deck, new blinds, new exterior trim paint, new interior lights. 30 ft great room opens to 16 ft kitchen (flex room is currently used as a formal dining) plus there's an office on main. 3 spacious bedrooms + laundry up. Basement features a 2 bedroom suite with a huge bunker waiting for your ideas. (id:48205)

4 Bedroom 4 Bathroom 3692 sqft
For sale
$1,499,900
34884 CLAYBURN ROAD, abbotsford, British Columbia

34884 Clayburn Road

Abbotsford, British Columbia

Your new home search stops here! Nestled within Historic Clayburn Village, this heritage home combines the allure of a bygone era with modern comfort. Originally constructed around 1909 as the Accountant's residence, many original features have been preserved. Extensive renovations were undertaken, introducing new kitchen cabinets, appliances, hardwood floors, a master ensuite, furnace, & AC. The residence boasts a welcoming covered deck that oversees the expansive yard, adorned with lush landscaping for privacy. A detached 600 sq ft studio with its own bath provides an ideal space for a home office. Ample parking is available off the lane. The nearby Clayburn Village Store beckons for delightful treats, just a short stroll away. Don't wait; book your private viewing today! (id:48205)

3 Bedroom 3 Bathroom 2342 sqft
For sale
$1,499,888
33222 LYNN AVENUE, abbotsford, British Columbia

33222 Lynn Avenue

Abbotsford, British Columbia

This Beautiful house in a desirable neighborhood is situated on a large lot of over 11000 sq feet. Newly fully renovated New kitchen cabinets, stainless appliances, quartz countertops, windows, blinds, bathrooms vanities, toilets, lights, switches, stairs railing, paint, flooring, sundeck and much more. while taking full advantage of two bedrooms, in addition to a renovation with extremely tasteful materials. There is also a possibility of securing a Mortgage Helper for you to secure this property. Don't miss this opportunity. (id:48205)

7 Bedroom 4 Bathroom 3248
For sale
$1,499,800
27923 SWENSSON AVENUE, abbotsford, British Columbia

27923 Swensson Avenue

Abbotsford, British Columbia

Aberdeen is a quaint community bordering Aldergrove, just outside of Langley. This home has RV & trailer parking, plus room for 8 cars to park, all on an 11,000 sf lot. Beautiful interior updates, including new vinyl plank floors throughout. 3 bedroom plus a bonus room above the garage, perfect for a home based business or a growing family. Large foyer, formal dining room, and a spacious kitchen with plenty of cupboards and storage, overlooking the backyard. Cozy family room with room for the largest sofa, and a convenient laundry room with wash tub. 10x16 storage shed, and a fully fenced yard for kids and pets. Walk to parks, and close access to Fraser Hwy, this is a unique home you won't want to miss out on. Potential lane access to side yard, great future potential! (id:48205)

3 Bedroom 3 Bathroom 3089 sqft
For sale
$1,499,000
32588 PEARDONVILLE ROAD, abbotsford, British Columbia

32588 Peardonville Road

Abbotsford, British Columbia

Open house sat. & sun At 1:00 to 4:00 pm &.This home comes with 6 bedrooms and 4 full bathrooms; featuring an open kitchen & air conditioner. Great mortgage helper with 2 rental suites. 2 BR suite + 1 BR suite. Just 1 year old looks brand new. Kitchen cabinets, branded appliances, windows, bathrooms, lighting, switches, doors, paint, flooring, fence, and much more! Greatly sought location with double garage & 3 car parking driveway & providing extra parking. Many amenities including schools, parks. Come see this great HOUSE in West Abbotsford. It is located close to all levels of schools, shopping, parks, hospital, recreation, tons of restaurants, churches, sikh temples, etc. Offers quick freeway access. GST is included in the price. Central location. Hurry won't last long!! (id:48205)

6 Bedroom 4 Bathroom 3053 sqft
For sale
$1,499,000
28712 58 AVENUE, abbotsford, British Columbia

28712 58 Avenue

Abbotsford, British Columbia

Build your dream house on this half-acre lot with city water. This property is ideal for a tradesperson or a truck driver with its 147 feet of frontage. Conveniently located near the Gloucester Industrial Park, this charming country setting features a renovated 3-bedroom, 2-bathroom rancher. The adorable home offers an open-concept great room with a white kitchen and stainless appliances, two updated bathrooms, new flooring throughout, and a double garage. Unwind on your private covered patio, and enjoy the detached shop that makes for the perfect man cave. As a bonus, there's a covered area for your RV. (id:48205)

3 Bedroom 2 Bathroom 1365
For sale
$1,498,800
27760 PULLMAN AVENUE, abbotsford, British Columbia

27760 Pullman Avenue

Abbotsford, British Columbia

Outstanding Investment Opportunity! This massive 7-bedroom, 5-bathroom home offers over 4300 sqft of quality finished living space, including two suites that can generate roughly $3000 in monthly income. Key features include South facing backyard, granite countertops, cove ceilings, two gas fireplaces, and a large kitchen with double island and breakfast bar. The freshly painted home includes a spacious master suite with a luxurious ensuite and massive walk-in closet. 4 bedrooms upstairs , den on main and 3 bedrooms below. Strategically located, the property provides quick access to highways and is near Shopping, schools, Parks and trails, shopping malls, and recreational facilities. With plenty of parking, this home combines style, comfort, and convenience. Open House Saturday June 8th from 2-4pm (id:48205)

7 Bedroom 5 Bathroom 4299 sqft
For sale Open House
$1,495,000
39 3800 GOLF COURSE DRIVE, abbotsford, British Columbia

39 3800 Golf Course Drive

Abbotsford, British Columbia

GOLF COURSE LIVING AT IT'S BEST. Custom build, one owner, 2 Storey & basement with golf course view has to be seen to be fully appreciated. This 5 bed, 4 bath, well maintained home is ideal for today's discerning purchaser looking for quality, stunning views and flexible living accommodation. Comprises of hallway, formal dining room, great room with feature fireplace, eating area, European style kitchen with island, granite counter tops and quality s/s appliances. Large primary bedroom with ensuite, 2 further beds and bath on upper level. Basement has Rec room, wet bar, entertaining area, 2 spacious beds and shower room, stunning deck, massive stamped concrete patio, Air Conditioner, new carpets- DON'T MISS THIS ONE-IT IS SIMPLY STUNNING. (id:48205)

5 Bedroom 4 Bathroom 3417 sqft
For sale
$1,490,000
31987 TOWNSHIPLINE ROAD, abbotsford, British Columbia

31987 Townshipline Road

Abbotsford, British Columbia

RARE FIND, INSTITUTIONAL ZONING 1.19 Acres.(51,836.4 Sq Ft) Potential Estate Home Building Lot on massive two road frontage. This is a bare lot. Currently Zoned as P3 - Potential City Staff Support for OCP amendment and rezoning to Agriculture allowing AGRI business and new home construction. Bonus - Massive three lane driveway down entire length of lot with 2 Separate Gates on each side of property, Gated children's play space 50' x 75' area, Paved enclosed space 115' x 40' for B-BALL, sports or parking. (id:48205)

1 Bathroom 202
For sale
$1,490,000
31090 SIDONI AVENUE, abbotsford, British Columbia

31090 Sidoni Avenue

Abbotsford, British Columbia

Prime location FULLY RENOVATED 3 Stories home located in West Abbotsford. Includes an excellent mortgage helping legal basement suite with a separate laundry! UPGRADES: NEW KITCHEN, NEW DOORS,NEW BLINDS, NEW FLOOR, NEW RAILING WITH STEP LIGHTS,NEW TAPS, NEW LIGHTS, NEW WASHROOM & MANY MORE. Features a Central AC unit to help cool down in those hot summer months. 8 year old roof. Furnace, Central AC and hot water tank are just 5 year old. MAIN FLOOR features a living room, kitchen with an eating area, dining room, family room, laundry room, and a FULL bathroom. TOP FLOOR: 4 bedrooms and 2 full bathrooms. Spacious driveway with lots of street parking. Fabulous views to the south and Minutes to Hwy 1! Close to many amenities! A must see before its gone! (id:48205)

6 Bedroom 4 Bathroom 3362
For sale
$1,489,999
3478 GOLDFINCH STREET, abbotsford, British Columbia

3478 Goldfinch Street

Abbotsford, British Columbia

Great Opportunity to own a home in one of West Abbotsford's most sought out neighbourhood! This custom home was built with quality in mind. Great street appeal with its nicely finished exterior in cultured stone, vinyl & wood trim in heritage theme. Granite entry with stone inlay on steps. Situated on a large corner lot with tons of parking + bonus driveway. This home features 7 bed & 5 bath: 4 bedroom on the main floor , extra large rec-room with 4-pc bathroom, 2 or 3-bedroom LEGAL SUITE! & a huge 23'x14' covered deck with partial views. Upgrades include flooring, kitchen/bathroom countertops, kitchen backsplash, lighting & more. Just steps from the Gurdwara Kalgidhar Darbar & Church, High Street mall, all levels of schools, and quick highway access. Call today for your private viewing! (id:48205)

7 Bedroom 5 Bathroom 3110 sqft
For sale
$1,488,800
30490 NORTHRIDGE WAY, abbotsford, British Columbia

30490 Northridge Way

Abbotsford, British Columbia

Absolutely charming and meticulously cared for, 5 bedroom home. Inside, the generous floorplan exudes an inviting warmth and bathes every corner in abundant natural light.. The well-designed kitchen is a culinary enthusiast's dream, boasting exquisite wood tones, ample storage, a convenient walk-in pantry, and an inviting island with a breakfast bar. The master bedroom is a retreat in itself, featuring a spacious walk-in closet and a luxurious ensuite with a soothing soaker tub. The basement offers endless possibilities with a separate entrance, a bathroom, and ample room to add a kitchen if desired. LEGAL SUITE. New grass and a newly paved patio. Call today to book your private showing! OPEN HOUSE JUNE 15 SAT. 2-4PM (id:48205)

6 Bedroom 5 Bathroom 3230 sqft
For sale
$1,488,800
3 3299 HARVEST DRIVE, abbotsford, British Columbia

3 3299 Harvest Drive

Abbotsford, British Columbia

Welcome to this exquisite 5-bdrm home nestled on the east side of Abbotsford. This meticulously crafted home offers a gourmet kitchen and expansive dining area, tailor-made for culinary aficionados. Step out through the French doors onto a sprawling sundeck with a retractable awning, providing the perfect perch to soak in the awe-inspiring vistas. Just a few steps to hiking trails, it's an ideal haven for outdoor enthusiasts. Downstairs hosts a convenient 2-bdrm suite, perfect for guests or potential rental income. Elegant hardwood floors and window treatments add a dash of refinement, plus A/C throughout for comfort. Ample room for vehicles and storage in the double garage (complete with an extra-long bay). Luxurious design and breathtaking views - what an idyllic retreat! (id:48205)

5 Bedroom 4 Bathroom 3388
For sale
$1,488,000
3463 APPLEWOOD DRIVE, abbotsford, British Columbia

3463 Applewood Drive

Abbotsford, British Columbia

Welcome to this beautiful home with a breath taking view of mountains in the Highlands! This home features 6 Bedrooms, 4 Baths, triple Car Garage and extra wide driveway. It also has hardwood floor, crown mouldings, custom laundry, heat pump, powered awning, Hickory kitchen cabinets and a custom built in entertainment center in the Family room & a built in sound system throughout the home & garage! Full private walk out basement 2 bedroom basement suite. Please call for a private tour today! (id:48205)

6 Bedroom 4 Bathroom 3741
For sale
$1,479,900
3446 SIDEGROVE COURT, abbotsford, British Columbia

3446 Sidegrove Court

Abbotsford, British Columbia

Located in a quiet cul-de-sac, this home with spacious 6 bedrooms, 5 full bathrooms offers unparalleled privacy with a lush greenbelt bordering the backyard. Conveniently situated near schools, Gians Plaza, High Street Mall, and freeway access, it promises both tranquility and accessibility. A spacious driveway easily accommodates up to six cars. Recent updates include newer paint in & out, laminate flooring, and a vinyl sundeck. The high ceilings in the living and dining areas enhance the sense of space and openness. two separate laundries, and ample closet space. A generously sized main floor bedroom caters to the needs of the elderly. The basement suite boasts four windows in the living room, oversized bedrooms, and a large recreational space. (id:48205)

6 Bedroom 5 Bathroom 3788 sqft
For sale
$1,479,000
2334 GRANT STREET, abbotsford, British Columbia

2334 Grant Street

Abbotsford, British Columbia

Your home search stops here! This type of home does not come around often. This beautiful rancher home has a full 2 bedroom basement, located in one of Abbotsford's most desirable neighbourhoods. This home features vinyl thermo windows, sound proof floors, air conditioning/heat recovery ventilation system. Solid oak kitchen with center island open to family-room with 2nd gas fireplace. Walkout to huge 12 x 24 covered patio and fenced backyard. Massive lot with tons of parking, up to 10 cars & RV parking. The BIG BONUS is the 19' x 17' DETACHED insulated SHOP with 220 wiring & 1 piece bathroom to store all of your toys. The basement features huge kitchen, could be an in law-suite which has access from inside garage, or could be used as a home based business. Book your showing today! (id:48205)

5 Bedroom 3 Bathroom 3833 sqft
For sale
$1,475,000
3554 THURSTON PLACE, abbotsford, British Columbia

3554 Thurston Place

Abbotsford, British Columbia

This 2 storey, 6 bedroom home sounds like a dream, especially nestled in a desirable neighborhood in Abbotsford! With its spacious layout, it offers plenty of room for a growing family. The 4 bedrooms upstairs, including the en suite & a bathroom, provide comfort & convenience. The formal living, family, & dining areas cater to various occasions, ensuring there's always a perfect spot for relaxation or socializing. The kitchen, with its ample size, eating area, & with a balcony for outdoor entertaining, you can enjoy meals al fresco or simply soak in the fresh air. The lower floor's setup is versatile, with a 2 bed legal suite as mortgage helper. The addition of a huge rec. room with a full washroom offers even more rental potential as a bachelor suite conversion. OH: MAY 25 & 26 2-4PM (id:48205)

6 Bedroom 4 Bathroom 3042 sqft
For sale
$1,465,000
2802 UPLAND CRESCENT, abbotsford, British Columbia

2802 Upland Crescent

Abbotsford, British Columbia

17,466 sqft large lot in Infill zoning with so many development possibilities. The potential to subdivide into 3 Lots or high-density buildings might be possible by new BC Housing rules. confirm with the city for details. Fully renovated house with new kitchens, washrooms, lights and plumbing fixtures, flooring, windows, water tanks, and roof. 3 bed,2 bath for upstairs use. 2-bed suite downstairs and 1-bed in-law suite possible as well. Fully fenced large lot with lots of parking at the front.**OPEN HOUSE**SUNDAY MAY-12(1-3PM). (id:48205)

6 Bedroom 3112
For sale
$1,459,000
11 3457 WHATCOM ROAD, abbotsford, British Columbia

11 3457 Whatcom Road

Abbotsford, British Columbia

This home is located in a serene private setting. This charming rancher boasts 3200 square feet of inviting living space. Designed with convenience in mind, the primary bedroom is located on the main floor. As you step inside, you're greeted by a warm and welcoming atmosphere, accentuated by natural light streaming through expansive windows that frame the picturesque mountain vistas. The spacious layout includes a walk-out basement, providing additional living or entertainment areas to suit your lifestyle. Home boasts a Bunker with 2 access points. Shopping, golf and quick access to the freeway are close by. (id:48205)

3 Bedroom 3 Bathroom 3302 sqft
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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