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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
$1,299,000
33715 MAYFAIR AVENUE, abbotsford, British Columbia

33715 Mayfair Avenue

Abbotsford, British Columbia

Updated 3 bedroom 2 bathroom 3 level split home in a fantastic location. Walking distance to the elementary school and to UFV, near the hospital, and mere moments from freeway access. See this gorgeous home tastefully updated and complete with detached garage, a workshop in the back, and amazing patio space in a landscaped private fully fenced yard. The interior has numerous updates throughout - enjoy the winter months in front of the wood fireplace in the spacious, warm living room. The basement has a separate entrance and the potential to add a mortgage helper along with almost 500sf of storage in the crawl space. Potential rezoning to allow for a duplex, check with the city. Plus land assembly (id:48205)

3 Bedroom 2 Bathroom 1620
For sale Open House
$1,299,000
36270 S AUGUSTON PARKWAY, abbotsford, British Columbia

36270 S Auguston Parkway

Abbotsford, British Columbia

This lovely residence is situated in the highly sought-after Auguston Community, making it an ideal choice for families. The house boasts an abundance of fantastic living areas, including four bedrooms on the upper level and an additional two in the Basement. On the main floor, you'll find a generously sized open concept plan, with a well-appointed kitchen that offers ample cabinet space and a large island. The kitchen seamlessly flows into the family room, creating a wonderful space for entertaining friends and loved ones. The large south-facing windows flood the area with natural light, creating a warm and inviting atmosphere. The home also features a separate living room and a dining room, providing the perfect setting for formal gatherings. Schedule a private viewing today. (id:48205)

6 Bedroom 4 Bathroom 3016
For sale
$1,299,000
2818 PACIFIC PLACE, abbotsford, British Columbia

2818 Pacific Place

Abbotsford, British Columbia

Welcome to West Abbotsford! This family home has it all! Located in a Cul-de-sac, 3 levels of living space, 4 beds, 3.5 baths, 2 storey w/ Separate entranced basement. This home is fully renovated with modern features throughout. Upgrades: Newer Roof, new furnace, hot water tank, vinyl flooring, new carpet, two new kitchens, newer appliances, window coverings, plumbing & lighting fixtures. Main floor greets with a welcoming foyer, living area, dining area, kitchen with s/s appliances, quartz counter tops & family room. Upper level has master bedroom + 3 additional bedrooms & 2 full baths. Basement has its own separate entrance from the side of the house, a self contained nanny suite with its own second kitchen, separate laundry and family room area. Home is Move in Ready! (id:48205)

4 Bedroom 4 Bathroom 4706
For sale
$1,299,000
32171 GEORGE FERGUSON WAY, abbotsford, British Columbia

32171 George Ferguson Way

Abbotsford, British Columbia

FUTURE DEVELOPMENT! This house is situated in an area zoned for city residential use according to the Official Community Plan (OCP), offers a desirable living space. It features 4 bedrooms and 2 bathrooms making it suitable for a variety of needs. With its convenient proximity to various amenities, this home provides convenience and accessibility. Given its attractive features and affordable price, it is anticipated that this property will be in high demand and sell quickly. Appliances belong to the Tenant. (id:48205)

5 Bedroom 2 Bathroom 2390
For sale
$1,299,000
34779 MARSHALL ROAD, abbotsford, British Columbia

34779 Marshall Road

Abbotsford, British Columbia

For more information, click the Brochure button below. Beautiful fully renovated 5 bedroom, 3 bathroom potential investment or family home with one bedroom legal suite. Lots of driveway parking, even room for an RV, off laneway with fenced backyard providing perfect safety for children and pets; convenient garden shed. Great neighbourhood with walking distance to all level schools, shopping, McMillan recreation centre, and quick freeway access. New basement, lower level built in 2008. Very comfortable and well maintained home currently rented to great tenants month to month basis. (id:48205)

5 Bedroom 3 Bathroom 2536
For sale
$1,299,000
27986-27988 SWENSSON AVENUE, abbotsford, British Columbia

27986-27988 Swensson Avenue

Abbotsford, British Columbia

Full Duplex - Great Investment property on 7280sf lot with 70 ft frontage. Roof & Driveway is only 1 year old. 2 bedroom and 1 full washroom on each side. (id:48205)

4 Bedroom 2 Bathroom 1550
For sale
$1,299,000
3263 WAGNER DRIVE, abbotsford, British Columbia

3263 Wagner Drive

Abbotsford, British Columbia

FULLY RENOVATED!!! Basement Entry Home with Legal Suite in West Abbotsford. This home features 5 bedrooms/ 3 bathrooms & a nice backyard. The main floor features 3 bedrooms, a bright & spacious living room, a dining area & kitchen. The basement has a Rec room for upstair use & 2 bedroom Suite for Excellent mortgage helper. This home is Turn-key and has been completely redone! New siding, new railings, new acrylic kitchen cabinets, high-end appliance package, new windows and doors, new bathrooms and flooring, new paint, updated plumbing and the list goes on and on. Newer furnace with air conditioner & new hot water tank. Nothing to do here but move in!!Close to schools, shopping, recreation, Sikh Temple, public transit, parks, High Street Mall & easy access to the freeway. (id:48205)

5 Bedroom 3 Bathroom 2190
For sale Open House
$1,298,000
3476 CRESTON DRIVE, abbotsford, British Columbia

3476 Creston Drive

Abbotsford, British Columbia

Fairfield Estates!! LEGAL SUITE!! Great family home in this quiet, desirable, West Abby location. This 7 bedrooms rancher with grand basement area is walking distance to all level of SCHOOLS, ROTARY STADIUM, MATSQUI REC CENTRE & much more. Main floor has a great open kitchen with stainless steel appliances. There are 3 spacious bedrooms on the main floor with 2 bathrooms. Off the kitchen is a large covered deck that is perfect for entertaining. Then there is a 2 bedroom legal suite that is large and ready for the perfect tenant. Basement suite can be rented out as 3 bedrooms suite as well and another bedroom downstairs for upstairs use. Separate Laundry for suite. Central AC. Book your private viewing today!! (id:48205)

7 Bedroom 3 Bathroom 3107
For sale
$1,298,000
2136 SHERWOOD CRESCENT, abbotsford, British Columbia

2136 Sherwood Crescent

Abbotsford, British Columbia

Prime 70 by 120 yard, 8,400.00 sq.ft. Neighbors on both sides have taken down existing houses and built Mega Homes on property. House is currently rented for $1,900.00 month to month, so get some income while your apply for a building permit. House is a rancher with separate entrance to basement, 2 bedrooms up, 2 bedrooms down, 2 bathrooms. House has some past updating done. Great location, quiet street. Rare find for building a Mega home, 70 foot frontage and lot area 8,400 to build on. Drive by the area and see what you can do here. Showing times in relator remarks. (id:48205)

4 Bedroom 2 Bathroom 2000
For sale
$1,295,000
33237 LYNN AVENUE, abbotsford, British Columbia

33237 Lynn Avenue

Abbotsford, British Columbia

Fantastic UPDATED 6 Bedroom, 3 Bathroom Family Home in a Super Central Location, and right beside Hoon Park! Beautifully renovated with open floor plan, gorgeous and huge kitchen with bar, new flooring, new bathrooms, lighting, fans, windows, central AC, hot water on demand, updated power 200amp and hi pressured gas. Home has potential for a 2 bedroom suite with insuite laundry & their own driveway with parking! Tons of parking here, room for RV or a boat! Massive Corner Lot with play area, garden area. Garage extensively updated with an impressive workshop/gym area!! EV Charging, Central A/C. Shopping, recreation so close in this desired established neighborhood. (id:48205)

6 Bedroom 3 Bathroom 2577
For sale
$1,289,900
2332 MCKENZIE ROAD, abbotsford, British Columbia

2332 Mckenzie Road

Abbotsford, British Columbia

Explore the potential with this uniquely designed 5 bedroom 4 bathroom family home that offers both convenience and privacy with a master bedroom on the main and two bedrooms on the upper floor. Wander downstairs to discover an additional two bedrooms plus den nestled in a walk-out basement, providing a versatile space for various needs. The property spans an impressive 10,000 square feet, creating an expansive backdrop for your home. Ample parking is provided with a double garage and visitor parking. Centrally located on a tranquil street, this residence promises a serene living experience in a quiet and welcoming neighbourhood. Photos are taken prior to current tenants occupying the home. Currently interior up and down is cluttered. (id:48205)

5 Bedroom 4 Bathroom 2308
For sale
$1,289,000
2952 SIDONI PLACE, abbotsford, British Columbia

2952 Sidoni Place

Abbotsford, British Columbia

Welcome to this spacious 6-bedroom, 4-bathroom home in West Abbotsford. It's been fully renovated to give you a comfortable and stylish living space. Plus, there's a legal suite, 2 kitchens, and 2 laundries, so you have plenty of room and convenience. The kitchen is well-equipped with high-quality appliances, lots of counter space, and storage. You'll find everything you need for cooking and storing your groceries. Situated in one of Abbotsford's nicest neighborhoods, this home is close to schools, parks, shopping centers, Fruiticana, and restaurants. It's a great spot for families who want to be part of a lively community. Don't pass up the chance to own this move-in ready home. Schedule a viewing today and see for yourself the beauty and comfort it offers. (id:48205)

6 Bedroom 4 Bathroom 2790
For sale
$1,288,000
31960 ROYAL CRESCENT, abbotsford, British Columbia

31960 Royal Crescent

Abbotsford, British Columbia

A fantastic chance to own a centrally located home on Abbotsford's west side. Featuring 3 beds, 2 baths, and a spacious recreation room. Close to schools, shops, restaurants, parks, and the Matsqui Recreation Centre. Situated on a 6150 sqft lot in a prime location, ideal for investors or for families. RS3 Zoning and OCP Urban 2 Ground Oriented (multiplex or townhouse). Endless possibilities await with this property! (id:48205)

3 Bedroom 2 Bathroom 2410
For sale Open House
$1,288,000
33 4217 OLD CLAYBURN ROAD, abbotsford, British Columbia

33 4217 Old Clayburn Road

Abbotsford, British Columbia

Your new home search stops here at this sought after gated community in East Abbotsford, Sunset Ridge! Beautiful kitchen with a large island, quartz countertops, solid wood cabinetry with under cabinet lighting. Open living space throughout the home, with 9' ceilings. Wood accents on ceiling & fireplace. This home is incredibly efficient in every way with tankless water heater, digital thermostats & car charger in the garage. It also has A/C. Fantastic location, close to shopping, recreation & walking distance to all levels of schools, private & public. Only minutes to Hwy 11 for quick & easy commuting. 2/5/10 Warranty still applies to this new home. A must see! **OPEN HOUSE SATURDAY MAY 4TH FROM 12-2 PM** (id:48205)

5 Bedroom 4 Bathroom 2542
For sale
$1,288,000
32730 BOULT AVENUE, abbotsford, British Columbia

32730 Boult Avenue

Abbotsford, British Columbia

IDEAL LOCATION!! "You will love this delightful Rancher/Bunglow w/Bsmt with lovely charm and breathtaking views of Boult Avenue. This 3-bedroom, 3-bathroom home has a 3- open car parking giving you 6,300 sq. ft. of spacious elegance, natural mixed floors throughout, and Open concept with a country kitchen. All of this is situated in a convenient, friendly neighborhood with outstanding shopping location nearby, also include a private yard. (id:48205)

3 Bedroom 3 Bathroom 2350
For sale Open House
$1,280,000
34593 BLATCHFORD WAY, abbotsford, British Columbia

34593 Blatchford Way

Abbotsford, British Columbia

Prime McMillan location in East Abbotsford. This home boasts lots of character from the manicured curb and happens to be a corner lot with new automatic driveway gate. Step inside you will find a traditional floor plan featuring a large living room with wood burning fire place, fully renovated kitchen with new appliances. Bonus den off the main can easily be a 4th bedroom or large office. New LG Laundry on main, upstairs 3 bedrooms with 2 washrooms has ample room for the growing family and spacious rooms. In the basement bachelor suite awaits with lots of natural light, and room for another bedroom or den. The outdoor space has lots of room with a 2021 hot tub, large seating area inside this fully fenced yard. New windows, tankless hot water, new flooring and hydro upgrade and more (id:48205)

3 Bedroom 4 Bathroom 2480
For sale Open House
$1,279,000
34613 QUARRY AVENUE, abbotsford, British Columbia

34613 Quarry Avenue

Abbotsford, British Columbia

This captivating two-story residence, complete with a 2-bedroom suite, is nestled in the sought-after East Abbotsford neighborhood! It enjoys close proximity to elementary and secondary schools, shopping hubs, public transit, and dining establishments. Boasting five bedrooms, three bathrooms, and a spacious den, the home showcases lofty ceilings, expansive windows, upscale finishes, and a secluded fenced yard overlooking an open field. Moreover, it provides a two-car garage with additional parking in the front and convenient street parking. (id:48205)

5 Bedroom 3 Bathroom 2585
For sale
$1,275,000
30906 SANDPIPER DRIVE, abbotsford, British Columbia

30906 Sandpiper Drive

Abbotsford, British Columbia

GREAT FAMILY HOME! Six bedroom, Two Story, full finished basement with an unauthorized suite. This home has many upgrades including flooring, lighting, paint, baths, windows, furnace, tankless hot water, air condition/heat pump, 4 yr roof and a beautiful updated kitchen with S/S appliances and eating area with view of a stunning flowering tree. This traditional floor plan has an adjoining dining & living room with gas fireplace and a family room off the kitchen with access to a covered south facing sundeck with view of Mount Baker. Upstairs are five large bedrooms. For the extended family there one bedroom basement suite plus media room with sound abatement.. This home is ideally located near schools, recreation, #1 Hwy, & High Street Mall. (id:48205)

6 Bedroom 4 Bathroom 3341
For sale
$1,275,000
32196 ROGERS AVENUE, abbotsford, British Columbia

32196 Rogers Avenue

Abbotsford, British Columbia

Discover this stunning family home in Fairfield Estates, offering spectacular mountain views from its deck and upper windows. This pristine property features three sunlit bedrooms upstairs in an open layout, alongside an updated kitchen. The basement boasts in-law suite with a spacious living room, bedroom, and full bath with separate entrance. Key highlights include a 92% High Efficiency Furnace, Ironwood Shake roof with a lifetime warranty, built-in vacuum, RV/boat parking, and a private backyard with a covered deck. Conveniently close to schools, shops, and parks, this home is a must-see! (id:48205)

4 Bedroom 3 Bathroom 2391
For sale
$1,274,900
2867 GLENAVON COURT, abbotsford, British Columbia

2867 Glenavon Court

Abbotsford, British Columbia

Perfect blend of classic design and modern comfort with this well-maintained 4-level split home. Flat & useable 7200 sq.ft. lot in sought-after area of East Abb. Spanning over 3300 sq.ft. of living space creating spacious & cozy living areas to suit all your family's needs. 3 bdrm up + 3.5 baths. Home is configured for family living & guest accommodations. Heart of the home features a lovely kitchen with granite tops, Elegance & Practicality with this functional layout. Entertain on your multi-level deck w/3rd wood f/p creating a perfect setting to host gatherings and enjoying peaceful nights under the stars. Prime location offering a serene living environment while close to all amenities/schools. Search it! See it! Love it! (id:48205)

3 Bedroom 4 Bathroom 3299
For sale
$1,274,900
2811 PLATFORM CRESCENT, abbotsford, British Columbia

2811 Platform Crescent

Abbotsford, British Columbia

This brand-new duplex offers the perfect opportunity to escape those high strata fees and rules. Boasting almost 3100 square feet of meticulously crafted space this is the ideal for those looking to upsize or downsize. The main floor offers an a stunning open concept design with a gourmet kitchen. The upper floor features 3 generous bedrooms and 2 full baths. Discover a fully finished basements two additional bedrooms, living room and bathroom downstairs with its own separate entrance. This versatile space is awaits your ideas! Open Sunday, March 10,, 2 - 4 pm. (id:48205)

5 Bedroom 4 Bathroom 3095
For sale Open House
$1,269,900
31019 GARDNER AVENUE, abbotsford, British Columbia

31019 Gardner Avenue

Abbotsford, British Columbia

The perfect FAMILY HOME! Nestled in a quiet CUL-DE-SAC, where your kids can play ball hockey & ride their bikes right in front of the house. The main level features a beautiful, OVERSIZED FAMILY ROOM with UPDATED FLOORING and POT LIGHTS, a spacious dining area that's perfect for a large family, a huge living room with a GAS FIREPLACE, & a beautiful GOURMET KITCHEN with a LARGE ISLAND that's perfect for gatherings and ENTERTAINING. Upstairs you will find 3 very GENEROUSLY SIZED BEDROOMS, while the WALK OUT BASEMENT offers the opportunity to easily be converted into a 2 bedroom MORTGAGE HELPER with a functional layout & plenty of NATURAL LIGHT. This home features NEW WINDOWS, an 8 y/o ROOF, new DECKING, and a super PRIVATE BACKYARD. Just a 3 minute drive from access to HWY 1! CALL TODAY! (id:48205)

5 Bedroom 4 Bathroom 2668
For sale
$1,269,500
34414 STONELEIGH AVENUE, abbotsford, British Columbia

34414 Stoneleigh Avenue

Abbotsford, British Columbia

Beautiful 4 bedroom basement entry home in East Abbotsford. Nestled in the Quarry near Margaret Stenersen is this quality built home teaming with features such as A/C, white kitchen with grey lower cabinets, high end appliances, quartz countertops and tiled splash. Wood floors run throughout the main living area and a large stone fireplace adds to the inviting warmth of the space. The primary suite offers space and comfort with a luxurious soaker tub, shower and double sink in the ensuite and a spacious walk in closet. The 4th bedroom is in the fully finished basement that features a large rec room, laundry room, storage and private patio area. Because of the layout this home could easily accommodate a suite. Walk to shopping, schools, parks and public transportation. (id:48205)

4 Bedroom 3 Bathroom 2447
For sale
$1,269,000
34581 ACORN AVENUE, abbotsford, British Columbia

34581 Acorn Avenue

Abbotsford, British Columbia

Renovated mid-century 4-bedroom, 3-bathroom Rancher, nestled in the heart of East Abby. The main floor is structured with impeccable post and beam with a gorgeous finished wood ceiling transitioning to the expansive basement below. Every detail has been meticulously updated, from the kitchen and bathrooms to the flooring, roof, windows, furnace, and heat pump. Top-of-the-line appliances, including a Wolfe Induction Cooktop and Steamer, promise a high quality culinary experience . Spanning over 3600 sq ft of living space, this residence sits graciously on an expansive 7,800 sq ft lot with a deck, an outdoor kitchen setup, and a lush putting green, perfect for entertaining and enjoying rural life. Experience this captivating home firsthand by scheduling a showing with your agent today. (id:48205)

4 Bedroom 3 Bathroom 3620
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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