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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
$1,100,000
3236 DENMAN STREET, abbotsford, British Columbia

3236 Denman Street

Abbotsford, British Columbia

Built in 1981/2023' renovations, this property in Clearbrook, offers versatility and potential. Ideal for investors craving cashflow, families seeking a cozy abode, or forward-thinkers eyeing future gains. Revel in the area's top-notch tap water from CLEARBROOK WATERWORKS, near schools, transit, and more. Educational excellence awaits with Colleen and Gordie Howe Middle, WJ Mouat Secondary, and Clearbrook Elementary nearby. Park bliss with MRC Sports Complex, Maclure Park, and Fishtrap Creek Park minutes away. Transit convenience abounds, safety assured with nearby facilities. This cashflow king boasts a main floor with 3 beds, 2 baths, a converted garage to a 2-bed suite, a basement bachelor suite, and a detached workshop turned to bedroom. Seize this in Fairfield Estates! (id:48205)

5 Bedroom 4 Bathroom 2450
For sale Open House
$1,100,000
34727 1 AVENUE, abbotsford, British Columbia

34727 1 Avenue

Abbotsford, British Columbia

Discover this 1989-built gem, ideal for a growing family and workshop enthusiast, steps from Sumas Border crossing. Nearby conveniences include Costco, Winners & Homesense, and a vibrant shopping outlet. Schools like Semá:th Elementary (K-5), Abbotsford Middle (6-8), and Abbotsford Senior Secondary (9-12) are within reach. Enjoy parks like Huntingdon Park and Upper Sumas Pioneer Park, plus fitness at Envision Athletic Centre. Transit is a breeze with a nearby stop (2nd Ave at Sumas) just a 2-minute walk away. This 2200+ sqft home boasts a detached workshop with 12' high ceilings, offering endless possibilities. Customize the main home with a master ensuite or utilize the workshop's hot water, electricity, and full bathroom for added versatility. Don't miss this all-inclusive property! (id:48205)

5 Bedroom 2 Bathroom 2254
For sale Open House
$1,099,999
2 35931 EMPRESS DRIVE, abbotsford, British Columbia

2 35931 Empress Drive

Abbotsford, British Columbia

This executive end-unit townhome at Majestic Ridge coveted gated community boasts unparalleled beauty. With breathtaking panoramic views of Mount Baker and Sumas Prairie, this end unit is a true gem. The stunning 4 bedroom, 3 bathroom home is flooded with natural light, Step inside to discover the timeless elegance of hardwood flooring, the comfort of air conditioning, and the convenience of a gas range in the chef-inspired kitchen. The lower level is completely finished including rec. room, 2 bedrooms and a bathroom. Recent updates include a new roof, balcony and railing. Hot water on demand Bosh. This exclusive property provides easy access to the freeway, shopping, golf courses, and picturesque hiking trails. Experience a lifestyle of utmost sophistication and natural splendor. (id:48205)

4 Bedroom 3 Bathroom 2959
For sale Open House
$1,099,999
35216 MCKEE ROAD, abbotsford, British Columbia

35216 Mckee Road

Abbotsford, British Columbia

East Abby Gem! Stunning, fully renovated, family home! Your new home boats 5 bedrooms, 3 bathrooms, including an ensuite. Updates include new windows, kitchen, stainless steel appliances, bathrooms, flooring, fireplaces, heating, air conditioning, plumbing, wiring, vaulted ceilings, siding, and the list goes on. This home is perfect for the growing family, backing on to private greenspace, with a fully fenced yard. Located close to shopping, recreation, great schools, in one the best locations in Abbotsford. You have to come take a look, don't miss out on your opportunity to live in East Abbotsford! Great Home, Great Location, Great Price! (id:48205)

5 Bedroom 3 Bathroom 2031
For sale
$1,099,999
4142 OLD CLAYBURN ROAD, abbotsford, British Columbia

4142 Old Clayburn Road

Abbotsford, British Columbia

Rancher in the heart of Abbotsford's most desirable neighborhood! This spacious 3-bedroom rancher offers a generous 1,728 sqft of living space. Step into a world of natural light and open space, with a beautifully renovated kitchen (2018) and a family room flooded with sunlight. Nestled on a 7,500 sqft corner lot, this property features a fully fenced yard with a deck and a convenient storage shed. Close to some of the top schools in Abbotsford making it perfect for young families or downsizers looking for a one level home! The house is equipped with a newer roof from 2017, a 2021 furnace upgrade, and double windows for energy efficient. Quick possession available. (id:48205)

3 Bedroom 2 Bathroom 1728
For sale
$1,099,950
33230 WESTBURY AVENUE, abbotsford, British Columbia

33230 Westbury Avenue

Abbotsford, British Columbia

Located in the central area, FUTURE POTENTIAL for 4PLEX. this spacious home features 6 large bedrooms, a generous family room, and a total of 2194 Sqft of living space with a recreational room in the basement. Don't miss the opportunity to see this beautiful home!- it's a hidden gem. Schedule a viewing appointment now before this opportunity slips away! (id:48205)

6 Bedroom 2 Bathroom 2194
For sale Open House
$1,099,900
32560 ORIOLE CRESCENT, abbotsford, British Columbia

32560 Oriole Crescent

Abbotsford, British Columbia

This beautifully updated split-level home boasts a modern white kitchen, new floors, and a fully fenced backyard with a covered gazebo. With 4 bedrooms and a basement rec room, this home has plenty of space for the whole family. Freshly painted exterior, new fascia and window coverings in 2023. Main floor Reno done in 2022. Parking for 5 and backs on to a quiet green space. Centrally located, you're just a 9-min walk from Abbotsford Exhibition Park and a 3-min walk from John MacLure Elementary and the downtown core is only a 5-min drive away, offering a variety of amenities and restaurants, including Banter Ice Cream, Bow & Stern, and Old Yale Brewing. Don't miss out on this opportunity to call this charming house your home! OPEN HOUSE SATURDAY + SUNDAY APRIL 20 & 21 FROM 2-4PM. (id:48205)

4 Bedroom 2 Bathroom 1656
For sale
$1,099,900
35620 DINA PLACE, abbotsford, British Columbia

35620 Dina Place

Abbotsford, British Columbia

Bright South facing home, is located on a higher ground overlooking the valley. With over 2360 sf living space + 7500 sf lot, its spacious 5 bedrooms, 2 kitchen and 3 bath, offer a family friendly open concept layout. Many upgrades, include a new roof, tankless water heater, bathroom upgrades, new flooring and air-conditioning system. The lower level 2 bedroom suite has its own separate entrance, kitchen & washer/dryer. Lots of storage space and expansion potential. Just steps from Delair Park in one of Abbotsford's most desirable school catchment area. Convenient location, easy access to highway #1, and just minutes from all the shopping, entertainment, restaurants etc. Call today to arrange a private showing. (id:48205)

5 Bedroom 3 Bathroom 2365
For sale Open House
$1,099,900
43 4295 OLD CLAYBURN ROAD, abbotsford, British Columbia

43 4295 Old Clayburn Road

Abbotsford, British Columbia

Welcome to Sunspring Estates! This custom built home in an excellent condition like a brand-new home. Featuring 4 generously-sized bedroom, 4 bathroom & media room providing ample space for your family. Open floor plan, the kitchen is a chef's dream, equipped with quartz counters, gas range, stainless steel appliances & an abundance of cabinetry. Living area is enhanced by a natural gas fireplace, adding warmth & coziness to the space. Backyard boasts a grassy yard, ideal for children & pets to frolic & play. This home is its prime location within walking distance of Sandy Hill Elementary school, Clayburn middle School, and Bateman Secondary School. **** OPEN HOUSE APRIL 14 SUN 1PM TO 3PM.**** (id:48205)

4 Bedroom 4 Bathroom 2824
For sale
$1,099,900
46 32250 DOWNES ROAD, abbotsford, British Columbia

46 32250 Downes Road

Abbotsford, British Columbia

DOWNES ROAD ESTATES......Immaculate rancher in executive gated community. This complex offers all the features of living in your own home on a lot with the security and worry free maintenance of taking care of your yard. The home has had many updates in the past few years and is flawless inside and out. Some of the updates include a new roof and leaf guard gutter system, hot water tank, patio cover, gas fireplace, custom blinds, flooring and mouldings, light fixtures and neutral paint colors. A bright white kitchen with newer S/S Appliances. Features include wheelchair assessable, in ground sprinklers, no yard work and RV parking. Double car garage and parking on the pad. Bare land strata 55+ and pets welcome. Bright, cheery and easy to show anytime. (id:48205)

2 Bedroom 2 Bathroom 1652
For sale
$1,099,800
32573 MARSHALL ROAD, abbotsford, British Columbia

32573 Marshall Road

Abbotsford, British Columbia

PRIME location, and a beautiful family home. West Abbotsford, minutes to freeway access, and walking distance to Godson Elementary, Abbotsford Middle School, and Abbotsford Secondary. Bright and cheery kitchen, with a formal dining area and access to fenced backyard and covered patio. Optimal lot location, as there is no house directly behind this home. Walkout basement has one bedroom (has window but no closet), and a large rec room, easy conversion for nanny suite. Large secure storage under patio, this home has endless opportunities. New furnace, 2012 roof, and a new dishwasher. Come by this weekend! (id:48205)

4 Bedroom 3 Bathroom 2022
For sale
$1,099,000
2862 STATION ROAD, abbotsford, British Columbia

2862 Station Road

Abbotsford, British Columbia

Discover the perfect family sanctuary in the peaceful Aberdeen neighborhood of Abbotsford. Walking distance to Restaurants, Starbucks, Parks, Schools, Public Transit, and all amenities. Upstairs: 3 bedrooms, 2 full bathrooms. Main floor: 1 bedroom, 1 full bathroom, plus rec room (potential for suite, check with Architect and City) double garage, abundant storage and ample street parking, this home has it all. Schedule your showing today! (id:48205)

4 Bedroom 3 Bathroom 1920
For sale Open House
$1,099,000
32465 MARSHALL ROAD, abbotsford, British Columbia

32465 Marshall Road

Abbotsford, British Columbia

Attention Investors and First-Time Homebuyers! Introducing an ideal property featuring 3 bedrooms and 2 baths alongside a versatile den. Step onto the new deck extending from the dining room, perfect for hosting BBQ gatherings. The spacious kitchen seamlessly flows into the dining area, offering an ideal setup for entertaining guests .a drive-through garage with ample parking, catering to your RV, boat, or other recreational vehicles and EV charging. Downstairs, the fully finished basement includes a bedroom, a full bath, and a den, presenting the potential for a separate suite. Enjoy the convenience of walking distance to schools, shopping centers, parks, and effortless access to the highway .Don't miss out on this exceptional opportunity! Open House APRIL 21st SUNDAY 2 TO 4 (id:48205)

3 Bedroom 2 Bathroom 1967
For sale Open House
$1,098,000
34616 ACORN AVENUE, abbotsford, British Columbia

34616 Acorn Avenue

Abbotsford, British Columbia

Well cared for East Abbotsford home located on a quiet cul-de-sac. Great south views with unobstructed views of Mt.Baker from the 12'x20' covered deck! Gorgeous solid oak kitchen with plenty of cupboard space & an eating bar. 3 bedrooms up & 4th bedroom, rec room & 3 pc bathroom with double sized shower down. Gas fireplace, laminate floors & thermo windows. Flat, fenced backyard. Large 13'x30' tandem garage & lots of parking space including RV parking along the side of the house. Great location, within walking distance to all levels of schooling, parks, recreation, and shopping. 2-minute drive to the Hwy 11 connector & Hwy 1 for easy commuting! OPEN HOUSE SAT APRIL 20 10:30 AM - 12 PM. (id:48205)

4 Bedroom 3 Bathroom 2102
For sale
$1,098,000
34350 REDWOOD AVENUE, abbotsford, British Columbia

34350 Redwood Avenue

Abbotsford, British Columbia

5 bedroom Rancher with full basement sitting on an 8,568 Sq ft. Lot! Situated on a quiet street this home offers a nice 2 bedroom suite (unauthorized) with it's own yard space & separate laundry. Updated windows. The garage has been renovated into a living room with vaulted ceilings. Amazing area of town, close to parks, schools, shopping & recreation. Only a 2 minute drive to Hwy 11 and minutes to Hwy 1 for quick & easy commuting! (id:48205)

5 Bedroom 2 Bathroom 2000
For sale Open House
$1,095,000
34795 1 AVENUE, abbotsford, British Columbia

34795 1 Avenue

Abbotsford, British Columbia

Welcome home to this 5 Bedroom and 3 Full Bathroom colonial style house on a quiet no through street. This house has had many updates in the last two years including new flooring, glass railing and new modern kitchen. Open floor plan living with bright kitchen. In the living room spend your time cozied up watching TV or reading a book in front of the fireplace. The Main floor also has 3 very spacious Bedrooms. One Bedroom Basement is added asset and is a great mortgage helper. This home sits on a large 6'2 crawl space easily used as storage. Book your Private showing to view this Beautiful Family home. Open House Saturday April 13, 2024 from 12-3pm. (id:48205)

5 Bedroom 3 Bathroom 3305
For sale Open House
$1,084,000
2282 MOUNTAIN DRIVE, abbotsford, British Columbia

2282 Mountain Drive

Abbotsford, British Columbia

**OPEN HOUSE SAT. APRIL 27TH 12PM-2PM** Rare opportunity in Easy Abby! This meticulously kept rancher with loft/2 story home boasts stunning views from every angle. With a vaulted entry, gas fireplaces, custom shelving, and a bright kitchen/eating area, this home is perfect for families, retirees, or investors. The kitchen features ample storage, stainless steel appliances, and an island. One bedroom on the main floor with Jack/Jill ensuite, while upstairs offers 2 bedrooms and a full bathroom. Situated on a corner lot, enjoy a large double garage, additional storage sheds, and plenty of parking. Low maintenance yard, curb appeal, and proximity to freeway and top schools make this a must-see property. Contact today! (id:48205)

3 Bedroom 2 Bathroom 1864
For sale Open House
$1,079,900
36018 SOUTHRIDGE PLACE, abbotsford, British Columbia

36018 Southridge Place

Abbotsford, British Columbia

Welcome to this fabulous Mountain village home nestled in a serene cul-de-sac in one of East Abbotsford best neighborhoods. 2 Storey w/Basement home boasting 3 Bedrooms & 3 Bathrooms - this home is ideal for raising a family! Functional floor plan with living room & kitchen on the main, 2 Bedrooms upstairs, and the third bedroom & flex room downstairs in the basement. Plenty of updates including newer flooring, appliances, bathrooms, and paint. Enjoy the comforts of a high-efficiency furnace( 2014) & energy-efficient south-facing windows (2015). Large deck off the back of the home to enjoy those scenic mountain views. Double garage and driveway for parking. Conveniently located just a short stroll away from Mountain Elementary School, Save-On Foods, Shoppers Drug Mart, and easy Hwy access! (id:48205)

3 Bedroom 3 Bathroom 2122
For sale Open House
$1,079,900
12 35706 MARSHALL ROAD, abbotsford, British Columbia

12 35706 Marshall Road

Abbotsford, British Columbia

Grovemont is a Community of 190 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. Intergrated Fisher & Paykel and Bosh appliances, quartz countertops throughout/ waterfall island, Pot filler above the gas stove, staircase lighting, electric fireplace surrounded with a shiplap accent wall, built in vacuum, gas hook up for fireplace and BBQ, 220 volt for electric vehicle charging, forced air gas furnace & central AC. This home is a 2637sf, 4 bedroom, 2 story home with a finished basement and rooftop patio. Sales centre located at #13-35706 Marshall Rd. Abbotsford. (id:48205)

4 Bedroom 4 Bathroom 2637
For sale
$1,079,900
35365 SELKIRK AVENUE, abbotsford, British Columbia

35365 Selkirk Avenue

Abbotsford, British Columbia

Look no further! This 4 bedroom split-entry home located in East Abbotsford is move-in ready for your family. Located on a quiet street near Prince Charles Elementary and an abundance of options for hiking, biking and golf, this beautifully renovated approx. 1900 sq ft home on a large 6000 sqft lot has many recent updates including triple glazed windows and doors, whole new kitchen with stainless steel appliances, vinyl plank flooring, whole new bathrooms, newer roof & hot water tank, an EV charger with a widened asphalt driveway and a new gutter system with a trap. Also features include a fully-fenced private backyard and a shed. WOW - This home is a must see! (id:48205)

4 Bedroom 2 Bathroom 1863
For sale Open House
$1,079,700
2410 CAMERON CRESCENT, abbotsford, British Columbia

2410 Cameron Crescent

Abbotsford, British Columbia

AMAZING opportunity to live in one of EAST ABBOTSFORD most popular family subdivisions. Fully RENOVATED and meticulously maintained 3 bdrm + flex room home with 3 baths on a quiet street. NEW KITCHEN, custom cabinets, gas range, new VINYL windows thru the entire home, 2" blinds, stone counters, 9yr old roof, 2 fireplaces and hardwood / tile floors. Beautifully landscaped with private fully fenced rear yard, covered deck space, BBQ gas line, amazing stone driveway and RV / BOAT PARKING. Affordable homes in the Yale & Fraser School catchment don't come up like this everyday....OPEN HOUSE 1:00-3:00pm SATURDAY April 13th. (id:48205)

3 Bedroom 3 Bathroom 1935
For sale
$1,079,000
34948 MT BLANCHARD DRIVE, abbotsford, British Columbia

34948 Mt Blanchard Drive

Abbotsford, British Columbia

Great family home in an awesome location close to schools, shopping and recreation. Just under 1800 square feet with 4 bedrooms and 3 bathrooms. Upstairs you'll find three good sized bedrooms with an ensuite and full full 4 piece bathroom. The main floor boasts a kitchen/dinning area, living room, family room, fourth bedroom and 2 piece bathroom. This house has a 4 foot crawl space that is easy to access for extra storage. The yard will not disappoint; it sits on a 7000 sq ft lot, has room for R.V parking and has a freshly poured patio and walk way. Bring your ideas to make this great family home in an awesome location your own. Book your showing today. (id:48205)

4 Bedroom 3 Bathroom 1771
For sale
$1,075,000
2744 VALEMONT CRESCENT, abbotsford, British Columbia

2744 Valemont Crescent

Abbotsford, British Columbia

Investor's dream! Built in '76, this freshly renovated gem in West Abbotsford offers a prime opportunity. Ideal for cashflow or a family seeking their dream home. Close to shopping, schools like Ten-Broeck Elementary, Colleen & Gordie Howe Middle, and WJ Mouat Secondary. Parks aplenty with Fishtrap Creek Park just steps away. Transit is conveniently nearby. Safety assured with emergency services within 3.19km. Highstreet Shopping Centre adds convenience. With a spacious 6800+ sqft lot, envision your dream property here. Book your showing today! (id:48205)

5 Bedroom 3 Bathroom 2119
For sale
$1,073,888
34375 GEORGE FERGUSON WAY, abbotsford, British Columbia

34375 George Ferguson Way

Abbotsford, British Columbia

Discover your dream family oasis, boasting stunning Mt. Baker views & unparalleled convenience. This standout 4 bed/3 bath home promises the perfect blend of modern comfort & outdoor living. Impeccably maintained, it features central air conditioning, a newer HWT, & LED lighting for an upgraded living experience. Control your environment w/ the wireless thermostat. Here, you will enjoy the lush, fully fenced backyard, complete with an inground sprinkler system & hanging basket misters for effortless gardening. The prime location offers easy access to top-tier schools, shopping, recreation, & scenic walking trails. Other valuable highlights include include a spacious covered deck for year-round enjoyment, gated RV parking and more. Don't miss out on your families next best move (id:48205)

4 Bedroom 3 Bathroom 1987
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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