Notice: Uninitialized string offset: 19 in /home/natashataylor/public_html/wp-content/plugins/fusion-builder/shortcodes/fusion-table.php on line 119

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.

855 results | Page 16 of 36
12 24 48
Search/Filter Properties


LOADING

For sale
$1,249,000
2074 MAJESTIC CRESCENT, abbotsford, British Columbia

2074 Majestic Crescent

Abbotsford, British Columbia

Fully renovated split entry home in a desirable Central/west Abbotsford area! This 3 bedroom on main floor with 2 bedroom suite Home on a 2,200 sq.ft. is in the City's Urban Infill 3 designation, perfect opportunity to subdivide into 2 lots! Live in it now and develop in the future. Prime location near Mill Lake Park, Steps away from Abbotsford Hospital and couple minutes away from Freeway entrance. Ideal for someone looking to upsize from a townhome or a savvy investor. This home features Central AC, SS Appliances, new Kitchens, quartz countertops, updated bathrooms, New lighting and much more! Separate Laundry for upstairs and downstairs. Book your personal showing today!! (id:48205)

5 Bedroom 2 Bathroom 2200
For sale
$1,248,888
2084 WILEROSE STREET, abbotsford, British Columbia

2084 Wilerose Street

Abbotsford, British Columbia

Investor alert: Check with the City of Abbotsford regarding new four-plex zoning changes on this property starting July 1. Live in or rent out the property while waiting to build four-plex units on flat 7722 sqft lot close to Abbotsford Hospital and Mill Lake. Beautiful home with a LEGAL suite on flat 7722 sqft lot ! This gorgeous home has 4 bedroom/3 bathroom plus oversize family room downstairs and a legal basement suite. Well kept kitchen, flooring, bathrooms, fireplace and more, , separate laundry for the suite, parking for 6 vehicles plus room for your RV, covered deck and a large flat private fenced back yard. Centrally located on a quiet street this home is walking distance to the Abbotsford Hospital, Mill Lake, all levels of schools and a short drive to Highway #1. (id:48205)

4 Bedroom 3 Bathroom 2702 sqft
For sale
$1,245,000
36689 DIANNE BROOK AVENUE, abbotsford, British Columbia

36689 Dianne Brook Avenue

Abbotsford, British Columbia

Welcome to beautiful Sumas Mountain! This stunning 5 bedroom, 4 bathroom corner home is situated in one of East Abbotsford's pristine hillsides. Open kitchen and living room concept including S/S appliances, gas range, large quartz island. Upstairs features a primary bedroom with a large walk-in closet, luxurious ensuite bathroom with double sinks. Two additional bedrooms with 2 patio's! Downstairs features a fully finished basement with two bedrooms, a 4 piece bathroom and a second laundry room, and roughed in for a kitchen. This home is a must see as it is situated in a great family friendly neighborhood in the mountains. Only minutes to Hwy 1 and all amenities. (id:48205)

5 Bedroom 4 Bathroom 2479
For sale
$1,239,900
31019 GARDNER AVENUE, abbotsford, British Columbia

31019 Gardner Avenue

Abbotsford, British Columbia

ASSUMABLE MORTGAGE at 2.29%! The perfect FAMILY HOME in a quiet CUL-DE-SAC, where kids can play ball hockey & ride bikes right out front. The main level features a HUGE 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. Upstairs you will find 3 very GOOD SIZED BEDROOMS, & downstairs a WALKOUT BASEMENT offers the opportunity for a 2 bedroom MORTGAGE HELPER with plenty of NATURAL LIGHT. This home features NEW WINDOWS, NEW PLUMBING, an 8 y/o ROOF, 4 y/o HOT WATER TANK, 3 y/o GARAGE DOORS, new DECK, tons of STORAGE, & a PRIVATE BACKYARD. Just 3 min from access to HWY 1 & a 5min walk to St James & St Ann's Elementary, and St John Brebeuf Secondary. (id:48205)

5 Bedroom 4 Bathroom 2668 sqft
For sale
$1,229,999
2358 BEVAN CRESCENT, abbotsford, British Columbia

2358 Bevan Crescent

Abbotsford, British Columbia

Welcome to 2358 Bevan Crescent, the perfect haven for first-time homebuyers, young couples, or savvy investors. This charming split-entry detached home in Central Abbotsford boasts 4 spacious bedrooms, 3 bathrooms, and 2,508 sqft of living space. Enjoy the benefits of a basement suite, ideal for rental income, with a versatile den that can serve as a second bedroom. The fenced yard is perfect for relaxation or play. With a double car garage and four additional parking spots in the drivesay, convenience is key. Walk to all three levels of schools, Mill Lake Park, shopping, and recreation, or hop on nearby transit and highways. Embrace comfort with air conditioning and a high walkability score in this prime location. (id:48205)

4 Bedroom 3 Bathroom 2508 sqft
For sale
$1,229,900
3367 HEDLEY STREET, abbotsford, British Columbia

3367 Hedley Street

Abbotsford, British Columbia

West Abbotsford, Fairfield Estate, 6 bedrooms, 3 full bathrooms, Covered patio, Master suite (huge walk in closet & updated 3 pc ensuite) plus 2 more bed rooms + 4pc updated bathroom. Fully finished BASEMENT, Fenced yard with storage sheds & RV parking. Near Exhibition Park and Matsqui Recreation Centre, this property resides in a welcoming neighbourhood within walking distance to all levels of schools, Call today to book an appointment! (id:48205)

6 Bedroom 3 Bathroom 3041 sqft
For sale
$1,229,900
2544 CAMPBELL AVENUE, abbotsford, British Columbia

2544 Campbell Avenue

Abbotsford, British Columbia

4 STRATIFIED UNIT CAPACITY with rezoning NOW! Attention Investors & Builders! Secure this golden opportunity in Central Abbotsford! Explore the potential of this well-maintained 3 Bed, 1 Bath, 1,464 SqFt Rancher with basement, on a 7,850 SqFt lot with LANEWAY ACCESS. The property boasts a detached workshop with 220V power, perfect for your hobbies & storage. Benefit from accelerated development timelines, courtesy of recent provincial legislation, ensuring a quicker completion of your project. Neighbouring lots have already initiated their developments. Located in a high-density area with URBAN 2 - GROUND ORIENTED OCP, this property opens doors to multiplex or townhome possibilities. Perfect for max rental income as it's near all levels of schools. FSR is upto 1.5. Untapped potential here! (id:48205)

3 Bedroom 1 Bathroom 1467 sqft
For sale
$1,229,000
33699 LINCOLN ROAD, abbotsford, British Columbia

33699 Lincoln Road

Abbotsford, British Columbia

Welcome Home to Lincoln Road! This 3 bed, 2 bath rancher w/ basement is ready for all of your ideas! Featuring plenty of living space upstairs whether you relax in the cozy living room with the fire on, have a wonderful dinner in the dining area or spend time cooking in the spacious kitchen there is space for all of your entertaining & living needs. From the kitchen you walk out to a covered patio overlooking your large plentiful backyard with fruit trees & space to enjoy all year round. Downstairs you'll find 1,300 sqft of space ready for continued upstairs living or potential for income generation. On almost a 9,400 sqft lot you are making an investment in the future potential of the house/property. Walking distance to shopping, transit & restaurants, this one is a must see! Call today! (id:48205)

3 Bedroom 2 Bathroom 2436
For sale
$1,228,000
2137 BEAVER STREET, abbotsford, British Columbia

2137 Beaver Street

Abbotsford, British Columbia

DAYCARE AND FAMILY HOME IN ONE PURCHASE!! Your dream has finally arrived in buying this home complete with a fully Operating Daycare which holds 8 Children, who will all remain along with all the equipment in order to continue running this Daycare, but the Trade Name, Cameras, Recorder and Screen do not go with the Sale. Home is 2216 SQ Ft on 2 Levels, allowing one to live in the bright and spacious space in the raised basement. Operating Mondays-Fridays, so Showings are limited to during the Evenings or Weekends only. Please do not disturb the Daycare operation during weekday hours. Complete playground for daycare remains and Zoning of this Residential property allows for a Daycare as an Accessory Use and Zoning is RS-3-i, allowing for for Urban Residential Zone Infill usage. Call today! (id:48205)

4 Bedroom 2 Bathroom 2216 sqft
For sale
$1,224,900
4357 MEIGHEN PLACE, abbotsford, British Columbia

4357 Meighen Place

Abbotsford, British Columbia

Welcome to this stunning 3-level home located in desirable Auguston area. This beautiful family home boasts 4 spacious bdrms and 3 modern baths. The main floor features an open-concept layout with 9-ft ceilings, lg windows creating a bright and airy atmosphere. The upgraded kitchen is a chef's delight, equipped with stainless steel appliances, a gas range, and an entertainer's island. A fully finished basement has a lg rec room, bdrm & bath. Perfect for guests or extended family. Enjoy a flat, fenced backyard ideal for kids & pets, with a detached dble garage and lane access. Close to golf & numerous trails, a perfect blend of tranquility & outdoor activities. Don't miss the opportunity to own this upgraded and well-maintained home in a family-friendly neighborhood. (id:48205)

4 Bedroom 4 Bathroom 2723 sqft
For sale Open House
$1,209,900
16 35706 MARSHALL ROAD, abbotsford, British Columbia

16 35706 Marshall Road

Abbotsford, British Columbia

Grovemont is a community of 190-4 bedroom, steel framed, rooftop patio townhomes situated on Sumas Mountain with views of surrounding natural woodlands. Built by Mann Group, a well-established local developer. Grovemont is unique as there is a higher level of Spec throughout the home that gives a much more elevated feel. Integrated Fisher & Paykel/Bosh appliances, quartz countertops throughout/ waterfall island, Pot filler above the gas stove, staircase lighting, electric fireplace surrounded with shiplap accent wall, roughed-in central vacuum, gas hook up for firepit and BBQ, 220 volt for electric vehicle charging, forced air gas furnace & central AC. This home is a 2658sf, 3 story duplex style townhome with a rooftop patio. Sales Centre located at #13-35706 Marshall Rd. Abbotsford. (id:48205)

4 Bedroom 4 Bathroom 2658 sqft
For sale
$1,200,000
3463 SAANICH STREET, abbotsford, British Columbia

3463 Saanich Street

Abbotsford, British Columbia

OPEN HOUSE: Sat, June 15·2:00 - 4:00PM. Discover the perfect blend of classic charm and modern convenience in this meticulously renovated 1987-built home nestled in West Abbotsford's coveted Fairfield Estates. Boasting a spacious 6000sqft lot and over 2600sqft of living space, this gem offers versatility ideal for a growing family or savvy investor. Embrace the potential for cash flow with a 3-bedroom mortgage helper featuring a separate entry and kitchen, or opt for a 2-bedroom setup to retain more space for yourself. With proximity to top-tier schools, abundant parks, and seamless transit access, this residence epitomizes prime location. Don't miss your chance to secure this rare find; homes of this caliber in Fairfield Estates vanish swiftly. Act now and seize the opportunity before it's gone! (id:48205)

7 Bedroom 4 Bathroom 2781 sqft
For sale
$1,200,000
2262 MCCALLUM ROAD, abbotsford, British Columbia

2262 Mccallum Road

Abbotsford, British Columbia

Court order sale, 2 bedroom house of little value, adjacent property also for sale. (id:48205)

2 Bedroom 1 Bathroom 1601 sqft
For sale
$1,200,000
2256 MCCALLUM ROAD, abbotsford, British Columbia

2256 Mccallum Road

Abbotsford, British Columbia

Court order sale, 2 bedroom older home, could be purchased with 2 adjacent lots. (id:48205)

2 Bedroom 1 Bathroom 850 sqft
For sale
$1,200,000
2153 DOLPHIN CRESCENT, abbotsford, British Columbia

2153 Dolphin Crescent

Abbotsford, British Columbia

Discover your slice of tranquility in West Abbotsford! This charming Old Timers Home sits on an expansive 7500+sqft lot, boasting a walkout basement suite and a spacious workshop, ideal for unleashing your creativity. Recent upgrades include a newer roof, furnace, and central A/C, ensuring comfort year-round. Step onto the covered west-facing sundeck, perfect for soaking in breathtaking sunsets. The level garden area with a quaint garden shed creates a lush oasis. With dimensions of 75x100, the lot offers ample space for a 3-level home with a walkout basement suite, or consider the potential to subdivide per OCP Urban infill 3 guidelines. Seize this opportunity today - schedule your showing now! (id:48205)

4 Bedroom 2 Bathroom 2925 sqft
For sale
$1,200,000
33465 HAWTHORNE AVENUE, abbotsford, British Columbia

33465 Hawthorne Avenue

Abbotsford, British Columbia

Situated in the RS3-I infill zoning south of Highway-1 from the McCallum exit, this old timers home offers lucrative possibilities. With schools like Jackson Elementary, Abbotsford Middle, and Abbotsford Senior Secondary nearby, quality education is assured. Enjoy park proximity with Ketch, Hoon, and Keats Parks within a short walk. Transit convenience is unmatched, with stops minutes away. Safety is paramount, with hospitals and emergency services within 1.58km. The property, spanning .22 acres, boasts potential for multi-family duplex zoning or subdivision. Featuring a rancher with basement and a tenanted tiny home, plus a triple car garage/workshop, it's a developer's dream. (id:48205)

3 Bedroom 3 Bathroom 1900
For sale
$1,200,000
2871 CROSSLEY DRIVE, abbotsford, British Columbia

2871 Crossley Drive

Abbotsford, British Columbia

Welcome to 2871 Crossley Drive located in a quiet cul-de-dac in the heart of Abbotsford. This home sits on a 7475 sqft lot, featuring 3 bedrooms and 2 bathrooms on the upper level and a brand new 2 bedroom rental suite downstairs. With spacious living spaces and fully renovated in 2019 with a new roof, hot water tank, new garage door, new kitchen cabinets, washer, dryer and laminate floors throughout, it's the perfect home for both first time home buyers and investors. Close to everything you need and easy access to Freeway at Mt. Lehman, you don't want to miss out on this property. (id:48205)

5 Bedroom 3 Bathroom 2530
For sale
$1,199,999
34235 LARCH STREET, abbotsford, British Columbia

34235 Larch Street

Abbotsford, British Columbia

Beautiful East Abbotsford Home. RS3-1 Urban Infill Zoning would allow for subdividing. 4 bedrooms and 3 bathrooms, 3 bedrooms upstairs. Updates to the kitchen, windows, large covered patio great for entertaining. Huge finished basement, with secondary basement access. Large flat lot with mature trees, room for all the toys. Parking for 6 vehicles. Quiet neighborhood with a nearby park, great for young families. Close to all levels of school. 5 minutes to downtown Abbotsford, excellent shopping and dining close by. Hurry this one won't last long! (id:48205)

4 Bedroom 3 Bathroom 2470 sqft
For sale
$1,199,999
31745 CHARLOTTE AVENUE, abbotsford, British Columbia

31745 Charlotte Avenue

Abbotsford, British Columbia

Welcome to this spacious 5-bedroom, 3-bathroom home in West Abbotsford! With over 2100 sq. ft of living space and a newly renovated above-ground basement, this property is an excellent investment opportunity that yields over $4700 in rental income. You'll enjoy ample parking and a 12x10 workshop. Both kitchens have stainless steel appliances and separate laundry facilities for each floor. The location is convenient, and close to schools, shops, and restaurants. Book a private tour now to see the full potential of this prime property! $71,000 below Assessment. (id:48205)

6 Bedroom 3 Bathroom 2169 sqft
For sale
$1,199,999
35790 CANTERBURY AVENUE, abbotsford, British Columbia

35790 Canterbury Avenue

Abbotsford, British Columbia

RANCHER with BREATH TAKING VIEWS!!! - on professionally landscaped 8160 sf lot. The extra-large windows overlook the 180 degree view of Mt. Baker and the valley. Fabulous Great Room w/gas f/pl, custom built-in shelving, island w/granite countertops, newer backsplash, s/s appliances. 3 bdrms & 2 full baths on main, plus 2nd primary room w/ensuite or den/office/loft on upper level. Fiberglass roof, NASCOR insulation, 2 skylights, large south-facing decks with a FANTASTIC views to have your morning coffee or entertaining a dinner. Extras include built-in vacuum, gas/electric stove, wine fridge, truck garage with great work bench, heat/air exchanger, and tons of storage. A rare find! **OPEN HOUSE SAT May 4 from 1:00-3:00pm.** (id:48205)

4 Bedroom 3 Bathroom 2506
For sale
$1,199,900
2568 MENDHAM STREET, abbotsford, British Columbia

2568 Mendham Street

Abbotsford, British Columbia

HUGE VALUE! The perfect starter home a Rancher with Basement featuring 4 Beds+ Den and 2 Bathrooms situated on a flat 9,100 Sq Ft in a quiet cul-de-sac no through street.Renovated with new flooring throughout,pot lights,white kitchen with quartz countertops, backsplash and black S/S appliances. Open living room with 3 bedrooms on the main level along with a walk out balcony where you can take in the gorgeous mountain views. Basement offers a full in-law suite with separate entry, kitchen,1 bedroom + den, storage room, large living room and full bathroom. Close to transit, shopping & the Abbotsford Recreation Centre. With a new Furnace/Water tank and a backyard with an outdoor kitchen. The nearby schools are Yale Secondary School, WA Fraser Middle School.Upgraded Roof, Water tank & Furnace. (id:48205)

5 Bedroom 2 Bathroom 2100 sqft
For sale
$1,199,900
33847 FERN STREET, abbotsford, British Columbia

33847 Fern Street

Abbotsford, British Columbia

INVESTOR ALER!!! The OCP zoning is URBAN 2 GROUND-ORIENTED. This charming Rancher with Basement features a spacious kitchen with a center island, two cozy fireplaces, and a private fully usable backyard. It is situated in a convenient & central location within walking distance to Cabela's, restaurants, shopping, UFV and Highway 1. This property is perfect for either living or renting out., ideal for development or builders looking for a project with endless potential. Let your imagination guide you to create a cash-flowing venture, whether you choose to build and resell or hold. Currently there is a proposed rezoning on Fern Street from RS3 to RMX, which is designated for Multi-Plex Residential zoning. This property holds great potential for short and long term development ! (id:48205)

3 Bedroom 2 Bathroom 2136 sqft
For sale
$1,199,900
32097 BALFOUR DRIVE, abbotsford, British Columbia

32097 Balfour Drive

Abbotsford, British Columbia

Discover the epitome of Abbotsford living at Fairfield Estates. This stunningly renovated home boasts 4 bedrooms, 3 full bathrooms, a covered patio, and ample parking for your RV or boat. Recent upgrades include new windows, flooring, paint, kitchen, and bathrooms featuring granite countertops and top-of-the-line appliances. Situated near Exhibition Park and Matsqui Recreation Centre, this property resides in a welcoming neighbourhood within walking distance to prestigious schools such as MEI, WJ Mouat, Clearbrook Elementary, and Gordie Howe Middle School. Don't miss out on this exceptional opportunity! (id:48205)

4 Bedroom 3 Bathroom 2833 sqft
For sale
$1,199,900
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 sqft
Your Favourites

 

No Favourites Found

 

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