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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 Open House
$1,448,800
2105 ZINFANDEL DRIVE, abbotsford, British Columbia

2105 Zinfandel Drive

Abbotsford, British Columbia

Welcome to Pepin Brook estates. Stunning family home on a quiet street with a private fenced backyard. Open concept. Living room with 20 foot ceilings. Large oversized windows throughout to bring in natural light. The adjoining kitchen and dining area is spacious and well appointed with a large island, stainless steel appliances and quartz counters. Gorgeous walk out backyard. Upstairs offers 3 generous sized bedrooms, master with it's own 5 pc ensuite and walk in closet. Basement is fully finished with a 2 bedroom in-law suite. Outstanding home that should not be missed. Air conditioning throughout for the hot summers. All measurements are approximate. Open house May 18th ( 2pm - 4pm ) (id:48205)

5 Bedroom 4 Bathroom 3381
For sale
$1,444,444
2772 ST MORITZ WAY, abbotsford, British Columbia

2772 St Moritz Way

Abbotsford, British Columbia

Panoramic Views Await! This stunning home showcases a breathtaking 180-DEGREE VIEW from each of its three floors, all set on a low-maintenance lot. Nestled on a tranquil lane with minimal traffic, this meticulously updated almost, 4000 square foot home offers SEVEN bedrooms and four full baths. Recently enhanced with gleaming hardwood flooring throughout the main level, the home features a kitchen adorned with maple cabinets and stainless steel appliances. The bathrooms have been tastefully remodeled, adding to the home's appeal. The main level comprises three bedrooms, two full baths, a spacious living room and cozy family room. The floor below offers a three bedroom in-law suite with, while the lower level includes one bedroom, a retreat/flex area, a games/rec room, and a full bath! (id:48205)

7 Bedroom 4 Bathroom 3740
For sale
$1,425,000
36472 CARDIFF PLACE, abbotsford, British Columbia

36472 Cardiff Place

Abbotsford, British Columbia

Beautiful home in one of Abbotsford's' premier neighbourhoods! Cul-de-Sac living with Recreation on your doorstep, close to hiking and biking trails, Abbotsford Rec Centre, shopping and all levels of schools! Great freeway access to hwy 1, but no freeway noise when you're enjoying the outside. 5 bedrooms upstairs, the primary has a large ensuite and walk in closet! Superior finishing throughout this home and the basement is unfinished and waiting for your ideas, with high ceilings and lots of natural light, it would make a perfect in law suite or hang out area. Hardwood floors, Stainless steel appliances in the kitchen and crown moulding everywhere, new furnace and new hot water tank! The open plan living and kitchen area is big and bright, with great views of Mt Baker. (id:48205)

5 Bedroom 3 Bathroom 3810
For sale
$1,420,000
30627 CRESTVIEW CRESCENT, abbotsford, British Columbia

30627 Crestview Crescent

Abbotsford, British Columbia

This is a beautiful 3 storey home in a west Abbotsford cul-de-sac conveniently located minutes from Highstreet shopping centre and Hwy 1. Entry has a den for office space and a powder room across it. The cozy kitchen and family room area includes a fireplace to set the mood. As you step out onto the back deck, you'll see farmland with berry rows and the north shore mountains in the distance, a perfect view to enjoy the natural beauty of the area. Upstairs has 3 bedrooms with 2 full bath perfect for a family. The basement includes its own entry and is a spacious 2 bedroom 1 full bath newly renovated. Both the main floor and basement have separate laundry for ease and convenience. (id:48205)

5 Bedroom 4 Bathroom 2718
For sale
$1,400,000
4076 OLD CLAYBURN ROAD, abbotsford, British Columbia

4076 Old Clayburn Road

Abbotsford, British Columbia

Builder's own home and the quality shows. Coffered tall ceilings in the living room, extensive use of custom moldings, oak staircase, custom kitchen cabinetry, and built-in bookcases. Home features 4 bedrooms up, den on the main, formal living room and dining room, bright east facing breakfast eating area, covered sundeck and large patio area. Basement has an extra media or exercise room in the basement for the upstairs use (or potentially could be used as a second bedroom for the legal suite 1 bedroom suite). Suite has its own laundry tucked into the mechanical room. Prime east Abbotsford in the Bateman neighborhood. This is a heritage quality home has been meticulously maintained. The yard is extensively landscaped and has a garden shed.Triple wide driveway. Don't miss this one! (id:48205)

5 Bedroom 4 Bathroom 3572
For sale Open House
$1,399,999
32162 ASHCROFT DRIVE, abbotsford, British Columbia

32162 Ashcroft Drive

Abbotsford, British Columbia

Your home search stops here! Welcome to this beautiful renovated home in the heart of Abbotsford! This home features A/C, epoxyed garage, a ton of brand new updates including new flooring, paint, cabinets, appliances, and laundry room. This home includes a 2 bedroom legal suite below with its own separate laundry! Lots of parking as the driveway features RV Parking. Within walking distance you have Rotary stadium, all levels of schools, banks, grocery stores and Highway 1. The fenced backyard is perfect for those summer days and has a shed & small green house. This is a property you truly have to see for yourself! Book your private showing today. OPEN HOUSE MAY 18 & 19 FROM 1-3PM (id:48205)

6 Bedroom 4 Bathroom 3301
For sale
$1,399,900
31795 THORNHILL PLACE, abbotsford, British Columbia

31795 Thornhill Place

Abbotsford, British Columbia

Your ABBOTSFORD home search is over! Welcome to 31795 Thornhill Place, one of the quietest streets in Abbotsford West. If you are looking for a home with a beautiful lot, parking for all of your vehicles & so much more look no further! this beautiful CUSTOM home has 4 bedrooms, 4 bathrooms plus a DEN and a LARGE REC ROOM that has the potential to become an IN-LAW SUITE/ 1 bed MORTGAGE HELPER w/ endless possibilities. Including a LARGE theatre room & a unique soda shop style bar where you can host your family & friends. Enjoy your private fully fenced backyard w/ separate entrance to the basement, private patio where you & your family can enjoy the upcoming beautiful summer nights. This home is situated near schools, shopping centres & public transit! everything you need to live comfortably (id:48205)

4 Bedroom 4 Bathroom 3923
For sale Open House
$1,399,800
3273 MCKINLEY DRIVE, abbotsford, British Columbia

3273 Mckinley Drive

Abbotsford, British Columbia

***FRESHLY TASTEFULLY COMPLETELY RENOVATED*** 2-Story with basement & Gorgeous Cherry Blossom Tree. UPPER: 5 spacious bedrooms + 2 luxuriously updated new bathrooms. MAIN FLOOR: lavishly updated w/new kitchen cabinets, quartz countertops, newer stainless-steel appliances, pod lights, new flooring, new modern zebra blinds throughout. BASEMENT: Walk-out 2-Bedroom suite w/ in suite laundry rented to good tenants. HUGE VALUE UPGRADES: Navien hot-water-on-demand tankless water heater (2018), Lennox heating furnace (2018), newer roof (2021), newer deck (2022). 2-car garage. TOTAL RENOVATION COSTS: $190,500.00. ***OPEN HOUSE: SUN. MAY 19 @ 2-4PM*** (id:48205)

7 Bedroom 4 Bathroom 3198
For sale Open House
$1,399,800
35818 EAGLECREST DRIVE, abbotsford, British Columbia

35818 Eaglecrest Drive

Abbotsford, British Columbia

Completely renovated and modernized 2-storey with basement in Mountain Village with an unobstructed southern view of Mt Baker. Feels like a brand new home (but without the pain of GST). Opened up floor plan offering room for the whole family: indoors, outdoors and complete with a 2 bedroom unauthorized basement suite. Professionally and meticulously designed complementing the luxury lifestyle and a price that can't be beat. Being vacant, it's ready for quick possession. Located in one of East Abbotsford's best neighbourhoods with easy freeway acces and being close to schools, shopping and amenities, but tucked away from traffic and city noise, this is not a drive by. Call today to arrange a private viewing or pop by the open house. (id:48205)

6 Bedroom 4 Bathroom 3289
For sale
$1,399,700
3158 MALLARD STREET, abbotsford, British Columbia

3158 Mallard Street

Abbotsford, British Columbia

Great home in excellent family oriented neighborhood of West Abbotsford. This home 6 bedrooms/ 4 bathrooms & a great outdoor space for entertainment. Main floor has a welcoming foyer, huge living room with fireplace, dining room, kitchen with tons of storage, nook, family room with fireplace, laundry room, full bathroom & a sunny sundeck to relax. Top Floor has 4 spacious bedrooms/ 2 bathrooms with an en suite in the master. Basement has a large rec room for upstairs use PLUS a 2 Bedrooms Legal Suite Mortgage Helper with separate entrance. Close to schools, shopping, recreation, public transit, parks, restaurants, High Street Mall, trails & much more. (id:48205)

6 Bedroom 4 Bathroom 3302
For sale Open House
$1,399,000
2910 STATION ROAD, abbotsford, British Columbia

2910 Station Road

Abbotsford, British Columbia

Discover this well-maintained two-story residence with 3422 sqft of living space on a 10,052 sqft lot (as per BC Assessment). This 12-year-old property features 5 bedrooms+a flex room and 5 baths, including 2 spacious master suites for unparalleled comfort. A supplementary one-bedroom suite offers income potential while ensuring privacy and a detached double garage. Efficient gas boiler heating and a cozy gas fireplace; recent upgrades include a new Fridge (2023) and a hot water tank (2024). Enjoy easy access to Fraser Hwy and Hwy #1 and nearby shopping, dining, and public transportation. It blends convenience and harmony, surrounded by lush parks, recreational facilities, and all-level schools. Schedule your exclusive viewing today! OPEN HOUSE: SAT. MAY 18, 2:00-4:00. (id:48205)

5 Bedroom 5 Bathroom 3422
For sale Open House
$1,399,000
3740 BALSAM CRESCENT, abbotsford, British Columbia

3740 Balsam Crescent

Abbotsford, British Columbia

INCREDIBLE HOME! Meticulously well maintained home loaded with features! Located on a quiet cul-de-sac, this West Coast home is well positioned on a 9500sqft lot with an insulated 21x12 workshop (220 wiring). Gorgeous home with vaulted ceilings, spectacular master bedroom + ensuite and warm and inviting, great room. Check out the deluxe 2 bedroom legal bsmt suite with awesome kitchen and its' own laundry. Central A/C, new deck, paint, and more. Call for more info & your personal showing. (id:48205)

5 Bedroom 3 Bathroom 3748
For sale
$1,399,000
2889 UPLAND CRESCENT, abbotsford, British Columbia

2889 Upland Crescent

Abbotsford, British Columbia

Excellent Location in central West Abbotsford on a quiet street minutes to all amenities with short 2 min walk to transit. Potential to subdivision into 2 to 3 lots similar to Property next door (please check and confirm with City of Abbotsford). Basement can be easily converted into a suite with separate access. Large covered patio and fully fenced yard for outdoor entertainment. Double garage and a double carport great for the car enthusiast or home-based business owner. Lots of renovations already completed. (id:48205)

4 Bedroom 2 Bathroom 2600
For sale
$1,399,000
2675 ST GALLEN WAY, abbotsford, British Columbia

2675 St Gallen Way

Abbotsford, British Columbia

Perched atop Glen Mountain, this luxurious reverse 2 storey with a walk-out basement offers unrivaled views of the Fraser Valley. The main floor features a gourmet kitchen, family room, and a balcony with panoramic valley and sunset vistas. With 4 bedrooms, a living room, and formal dining, this level epitomizes sophistication. The fully finished basement boasts a unique two-level layout, three bedrooms, a bath, 10' ceilings, and access to an expansive deck. Central A/C, roller awnings, new flooring, and high-end appliances elevate the home. Walking distance to shopping, recreation, and schools, this residence embodies luxury living. Discover opulence in every detail. (id:48205)

7 Bedroom 3 Bathroom 3560
For sale
$1,399,000
33451 WESTBURY AVENUE, abbotsford, British Columbia

33451 Westbury Avenue

Abbotsford, British Columbia

"Attention Investors and Builders! Prime Opportunity in Abbotsford; Explore This Charming 5 Bedroom, 2 Bathroom Rancher with Basement siting on Expansive 9520 sqft lot:- Perfectly Suited for Your Next Home Investment! This Property is located just a short two minute drive to the McCallum interchange off HWY 1. Unlock the Potential of this Generous Plot - Ideal for Crafting Your Vision. Don't Miss Out on This Rare Gem!" (id:48205)

5 Bedroom 2 Bathroom 2318
For sale
$1,399,000
1496 KIMBERLEY STREET, abbotsford, British Columbia

1496 Kimberley Street

Abbotsford, British Columbia

Developer / Investor alert! Location, location, location. This lovely 4 bedroom, 3 bathroom home is in the RS3 zone (OCP Urban 2-Ground oriented) with the potential be re-zoned to the RMR Rowhouse Residential zone. 62 ft frontage on Kimberley St and 118 ft depth; backing onto McCallum Rd. Close to shopping, transit, schools and with mountain views. Upgrades include; quartz countertops throughout, New furnace, Central A/C, On-demand hot water, all new windows. Suite is tenanted so 24 Hour showing notice is required. This potentially could be included in a land assembly for a much larger development project. 3 out buildings and 2 sheds, covered deck. Drone video: https://show.tours/VH0HNJxsHhbvlCVHlSoI (id:48205)

4 Bedroom 3 Bathroom 2271
For sale
$1,399,000
3471 SECHELT TERRACE, abbotsford, British Columbia

3471 Sechelt Terrace

Abbotsford, British Columbia

CORNER LOT!! 6,800 sq ft Lot Area!! 4 levels split home with generously sized 4 bedrooms and 3 baths. This family-oriented neighborhood has a nice Master bedroom that features an ensuite, walk-in closet, and balcony where you can enjoy your morning coffee. Renovated in 2020, Upgrades include a new roof, hot water tank, windows, new fence, fire pit area, and pergola which is perfect for outdoor entertaining. Close to the rotary stadium, shopping, parks, schools, and walking trails makes it the perfect location. (id:48205)

4 Bedroom 3 Bathroom 2427
For sale
$1,398,888
3044 CASSIAR PLACE, abbotsford, British Columbia

3044 Cassiar Place

Abbotsford, British Columbia

Welcome home to your new fully customized wheel chair accessible home in East Abbotsford. Don't worry about doing expensive renovations to make this house your home, the current owners have already done everything including new flooring, light fixtures, paint, closet organizers, kitchen (including soft close cabinets), and much more. This house is fully prepared for anyone with mobility challenges with features such as a level entry for easy wheelchair access, a roll in Schluter shower system, widened doors throughout, and lift assist hardware in the bathrooms. Outside you'll find a large, flat yard with a freshly built retaining wall bordering the neighbour. This house is truly one of a kind and takes all the stress out of finding a wheel chair accessible property. Don't wait, act now! (id:48205)

4 Bedroom 3 Bathroom 3135
For sale
$1,398,000
2490 HYATT PLACE, abbotsford, British Columbia

2490 Hyatt Place

Abbotsford, British Columbia

Custom, West Coast contemporary home on a quiet boulevard cul-de-sac! Sharing a private 2.5 acre park w/ tennis & games court. This home features an open floor plan w/expansive cedar lined vaulted ceilings & walls. Lots of renovations from kitchen & bathrooms to new windows & back patio. 3 bedrooms/ 2 bathrooms. Downstairs could have a 4th bedroom if desired. Primary bedroom upstairs has vaulted ceilings, his & hers walk-in closets & private deck. 2nd upstairs bedroom has an even larger private deck. Beautiful mature landscaping in the front & fully fenced backyard to be enjoyed year-round from the large sundeck & patio areas. Garage is drive through for easy access to the backyard. Fantastic location close to all levels of school, recreation, shopping & more! (id:48205)

3 Bedroom 2 Bathroom 2486
For sale
$1,398,000
32064 JOYCE AVENUE, abbotsford, British Columbia

32064 Joyce Avenue

Abbotsford, British Columbia

BEST LOCATION IN WEST ABBOTSFORD! 7280 sq ft lot area and 70 ft frontage with great future potential. Renovated in 2021. This is well maintained 3 bedrooms & 2 bathrooms home covered ample of space. Located in a great neighborhood, close to freeway access, hospital, Shopping malls and the City Centre. Feel free to contact for more information. Offers as they come. (id:48205)

3 Bedroom 2 Bathroom 2016
For sale Open House
$1,395,000
2051 SIERRA PLACE, abbotsford, British Columbia

2051 Sierra Place

Abbotsford, British Columbia

In one of the most sought after areas sits this exquisite home! In a culdesac, a tobbogan hill out your front door, walking distance to Save On, Cactus Club and endless amenities. Entering the home, you are greeted with an open concept floor plan, designed for entertaining. A huge 2 island kitchen makes this a chefs dream. A dining area with walls of windows flood the home with tons of natural light.Step outside to a beautiful backyard oasis, completely private and a gardeners dream.Back inside a spacious living room w/wet bar, main floor laundry, bedroom, and family room, make up the main. Upstairs, a huge primary with balcony, spa ensuite, 2 b/rms, full bath and a great bonus room with a patio. Let's not forget the oversized dbl garage, plus shop & parking pad. This home is exceptional! (id:48205)

4 Bedroom 3 Bathroom 3501
For sale
$1,395,000
4152 BELANGER DRIVE, abbotsford, British Columbia

4152 Belanger Drive

Abbotsford, British Columbia

Discover this captivating home nestled in the highly coveted neighborhood in East Abbotsford. Boasting almost 4000 sq ft thoughtfully designed two-storey plan with a full finished basement, this residence offers abundant space and versatility for today's lifestyle. The heart of the home is its expansive open kitchen, a chef's delight featuring ample counter space, high-end appliances, and a welcoming atmosphere perfect for culinary adventures and entertaining guests. Retreat to the large primary bedroom, where serenity meets luxury in the spacious ensuite bathroom, providing a tranquil escape from the hustle and bustle of daily life. With its prime location and irresistible features, this East Abbotsford gem will check off all the boxes. Floor plan is drawn to put in legal suite if desired (id:48205)

4 Bedroom 4 Bathroom 3928
For sale
$1,390,000
2536 CAMPBELL AVENUE, abbotsford, British Columbia

2536 Campbell Avenue

Abbotsford, British Columbia

Great opportunity for Builders & Investors in Central Abbotsford, 7850 sqft lot with BACK LANE ACCESS in High Density area, URBAN-2 GROUND ORIENTED OCP that allows multiplex, duplex or townhouses. Development permit is already been applied by neighbouring properties on the street. Currently there is a 2080sqft house with 4 bedrooms , 2 washrooms. Spacious living room, dining area and kitchen. All levels of schools within a couple minutes drive. (id:48205)

4 Bedroom 2 Bathroom 2080
For sale
$1,388,900
39150 OLD YALE ROAD, abbotsford, British Columbia

39150 Old Yale Road

Abbotsford, British Columbia

ALMOST PARADISE! Forested Hillside Retreat on Vedder Mountain with spectacular views of Sumas Prairie and Sunsets over Western Fraser Valley. 4 bedroom main house with finished bsmt plus separate self contained cottage with garage. Lots of paved parking for multiple vehicles, RV,s and room for kids to ride bikes. Dual electric/wood furnace heating system. Spring water gravity system with holding tank. Buildings have metal roofs. Beautifully private, close to school bus,shopping HWY 1 and Sumas border crossing. Zoned Rural residential, not in ALR. Relax here and truly live. (id:48205)

4 Bedroom 3 Bathroom 2620
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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