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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
$1,170,000
35387 DELAIR ROAD, abbotsford, British Columbia

35387 Delair Road

Abbotsford, British Columbia

This back lane 2-story beautifully renovated home with great future potential has 5 bedrooms and 3 bathrooms on a 7135-square-foot lot at one of the best locations in East Abbotsford.The main level has three spacious bedrooms with two full bathrooms,an open-concept living room,a huge family room, and a kitchen on the main floor. The basement level has a 2-bedroom basement suite as a mortgage helper. Potential to add one more room!!! This property has a spacious driveway and storage shed in the backyard.Ready to move home with a spacious floor plan, house has been renovated with updated new lights, flooring and paint etc . 2 minute walk to public transit and a 5-10 minute drive to parks, grocery stores, restaurants, shopping malls, and elementary and secondary schools. Easy to show. (id:48205)

5 Bedroom 3 Bathroom 2688 sqft
For sale
$1,169,900
34929 HIGH DRIVE, abbotsford, British Columbia

34929 High Drive

Abbotsford, British Columbia

Impeccably kept, this spacious 5-bedroom residence sits on a generous lot boasting an 85-foot frontage, aligning with OCP Urban 4 Detached zoning (Potential for 4 units as per new provincial rules). Breath taking view from the back of the house. Numerous updates throughout the years include renovated kitchen cabinets, windows, laminate flooring, light fixtures and contemporary blinds. Conveniently located near the Discovery Trail and within close proximity to all levels of schooling. (id:48205)

5 Bedroom 2 Bathroom 2156 sqft
For sale
$1,168,000
2887 WOODLAND STREET, abbotsford, British Columbia

2887 Woodland Street

Abbotsford, British Columbia

Welcome to your dream home! This 2553 sq ft gem sits on a spacious 12,025 sq ft green belt lot. Oak inlay hardwood floors grace the main living areas and bedrooms, offering timeless elegance. Updates in 2008 brought a new kitchen with stainless appliances, a furnace, windows, & gas fireplace that provide modern comfort. Enjoy the tranquility of a wide cul-de-sac for easy day walks and the beauty of a large covered deck overlooking a stamped concrete patio and lush backyard. The hot water tank was replaced in 2018. With a huge rec room, large workshop, and 4 bedrooms, this home offers ample space for every need. Park with ease under the single carport. Don't miss the chance to make this lovely property yours! OPEN HOUSE SATURDAY 2 - 4 (id:48205)

4 Bedroom 2 Bathroom 2553 sqft
For sale
$1,165,000
32705 OKANAGAN DRIVE, abbotsford, British Columbia

32705 Okanagan Drive

Abbotsford, British Columbia

**GREAT Location In WEST ABBOTSFORD** Super Clean house with 5 bedroom, 3 bath home and BIG LOT 7327 qft. Featuring 3 beds up with 2 bath, large formal living/dining room, FULLY RENOVATED KITCHEN. Enjoy BBQ in your fully fenced yard and 2 bedroom suite with separate entry located on a quiet street near rotary stadium, schools, parks and shopping. Call for persnal viewing......... (id:48205)

5 Bedroom 3 Bathroom 1938 sqft
For sale
$1,159,900
35882 EAGLECREST DRIVE, abbotsford, British Columbia

35882 Eaglecrest Drive

Abbotsford, British Columbia

Come check out this beautiful 4 bedroom plus den + 3 bath, 4 level split in Mountain Village. This home is in excellent condition & is move-in ready! Features include a bright & spacious living room with gas fireplace open to the dining area. The oak kitchen has updated stainless appliances with eating area & overlooks a family room with gas fireplace & private backyard with doors to the deck, perfect for hosting summer BBQs! Den, laundry & powder room are also on this level. The 3 bedrooms are on the top level, the primary featuring a 3 piece ensuite, walk-in closet, and private deck with views of Mt. Baker & the valley. The basement offers a bedroom, a large rec room with gas fireplace and lots of room for entertaining and storage. You won't want to miss this one! (id:48205)

4 Bedroom 3 Bathroom 2547 sqft
For sale
$1,159,000
35120 MORGAN WAY, abbotsford, British Columbia

35120 Morgan Way

Abbotsford, British Columbia

On the quiet side of Abbotsford, this house features 3 bedrooms, 1.5 bath on the main floor with remote-controlled blinds. Great mortgage helper, 2 bdrm suite downstairs with separate laundry. Fully renovated in 2021 with extensive use of tiles on both floors. Updates include new washer & dryer, kitchen cabinets with stone countertops, and stainless steel appliances. House also features central air conditioning. All bathrooms are updated with new toilets, sinks, and walk-in showers. Big enough yard space to park your RV and storage shed/shop. Don't forget to check out 19'5x15'5 covered deck in the back with a working hot tub for those entertaining evenings. Call before it's gone. (id:48205)

5 Bedroom 3 Bathroom 1969
For sale
$1,150,000
2905 GLENSHIEL DRIVE, abbotsford, British Columbia

2905 Glenshiel Drive

Abbotsford, British Columbia

Welcome home! Nestled in a tranquil, coveted neighborhood, this well maintained 4 bed/3 bath home spans nearly 2400 sq ft of bright, airy space. The updated kitchen boasts ample cupboard & counter space, as well as an eating area & direct access to a covered deck featuring a natural gas hookup - perfect for year-round outdoor living against the backdrop of a lrg private yard & panoramic views. Recent upgrades include baths & windows replaced throughout. H/E furnace, AC, & hot water tank installed in 2016. The laundry rm is equipped with shelves, cupboards & a sink to provide convenience. Abundant storage options include, a storage rm, generous closets & garage space. Ideally situated near top-tier schools, shopping, & amenities. (id:48205)

4 Bedroom 3 Bathroom 2374 sqft
For sale
$1,150,000
2652 SUNNYSIDE STREET, abbotsford, British Columbia

2652 Sunnyside Street

Abbotsford, British Columbia

A charming residence nestled in the heart of Abbotsford, BC. This beautiful home offers a perfect blend of comfort, style, and convenience. This inviting home showcases 5 bedrooms, 3 bathrooms, with workshop/storage, a spacious partially enclosed deck, 2 Bedroom + den mortgage helper below. Enjoy the privacy of the backyard, complete with a storage shed. Ideally located near schools, parks, transit, and highway access, this property offers both convenience and tranquility. Don't miss the chance to make this your new home or investment opportunity. (id:48205)

5 Bedroom 3 Bathroom 2713 sqft
For sale
$1,150,000
2971-2973 EARLS COURT, abbotsford, British Columbia

2971-2973 Earls Court

Abbotsford, British Columbia

Available! Assessed value $1,382,000. Almost like getting 2 homes for the price of one - 4 BR's & 2 bathrooms on each side! Great rent potential! This 2 story side by side legal duplex is on large 12,589 sq ft duplex zoned lot (RS4). See city re possibility of subdividing to 2 Lots or Strata. Also the expected June 30 higher density changes, as mandated by the province, could make converting existing building to 4-plex possible. Built in 1969, the building appears to have great "bones". Fenced yard for each side. Newer vinyl windows throughout. Note that one side recently had an upper floor pipe burst, so lower floor cabinets and some drywall have been removed and needs finishing after new bathtub taps have fixed leak. Quick completion possible. (id:48205)

8 Bedroom 4 Bathroom 3487
For sale Open House
$1,149,998
3045 MOUAT DRIVE, abbotsford, British Columbia

3045 Mouat Drive

Abbotsford, British Columbia

This well-maintained home sits on a spacious 6100 sqft lot and offers 2500 sqft of living space, including 3 bedrooms and 2 bathrooms upstairs. The downstairs features a beautifully renovated 2-bedroom legal suite, perfect for a mortgage helper. Recent upgrades include a new furnace. Enjoy a good-sized backyard for outdoor activities. Located just steps away from popular Mouat Secondary and close to Ag-Rec & Matsqui Rec Centre, shopping, and restaurants. Don't miss out on this fantastic opportunity-call today! (id:48205)

5 Bedroom 3 Bathroom 2472 sqft
For sale
$1,149,900
33360 WREN CRESCENT, abbotsford, British Columbia

33360 Wren Crescent

Abbotsford, British Columbia

Discover your dream home in the coveted Terry Fox Neighbourhood! This stunning 3-bedroom, 2-bathroom gem features 2 kitchens and a sprawling private yard. Some Updates include, a new roof, windows, hot water tank, Fresh Paint! Step into a welcoming main floor w/ a large den, family room, bedroom, full bath, and kitchen. Upstairs, revel in the open-concept kitchen with an island, dining area, and living room.The upper level includes the master bedroom, 2nd laundry area, and spacious 2nd bedroom. Relish outdoor living w/ an enormous backyard and covered deck, perfect for gatherings. Ideal for investors or as a starter home. Don't miss out park your RV on this quiet street near schools & downtown. Quiet family neighbourhood area-provides convenient and comfort. Seize this opportunity today! Open House Sat & Sun 2-4pm. (id:48205)

3 Bedroom 2 Bathroom 2265 sqft
For sale
$1,149,700
3136 CURLEW DRIVE, abbotsford, British Columbia

3136 Curlew Drive

Abbotsford, British Columbia

Very attractive 2 storey house on large 6000 sq. ft. level lot. 3 large bedrooms upstairs / 3 bath (2 pcs powder on the main) Fenced in backyard and your inviting covered deck will be amazing for entertaining. 2 fireplaces lend to the coziness in this home. Laundry on main & den. 2 mins. to Mt. Lehman freeway access. Close to schools, shopping, recreation, restaurants, High Street Mall, Auto mall, Walmart, pubs, parks, public transit & easy access to hwy. You'll love it this one and want to call it home!! (id:48205)

3 Bedroom 3 Bathroom 1900 sqft
For sale
$1,149,000
35283 CORBETT PLACE, abbotsford, British Columbia

35283 Corbett Place

Abbotsford, British Columbia

Located in a sought-after neighbourhood, this charming home is close to elementary, middle, & secondary schools - ideal for families! The quiet cul-de-sac allows you to enjoy peace & safety w/ minimal traffic. A covered front entrance opens to a spacious foyer. The top floor has been recently updated with fresh paint, new vinyl plank flooring, & rugs, offering a modern touch to this lovely home! The master bedroom includes an ensuite bathroom & walk-in closet. The property features a newly renovated 2-bedroom legal suite, offering additional income potential. The fenced backyard, complete with a sandbox, is perfect for children or grandchildren to play safely. Grow your own flowers or vegetables in the raised backyard garden area & feel secure with a wired-in home alarm system. Call today! (id:48205)

5 Bedroom 3 Bathroom 2466 sqft
For sale
$1,149,000
32826 HARWOOD PLACE, abbotsford, British Columbia

32826 Harwood Place

Abbotsford, British Columbia

This beautiful home in a quiet Cul-de-sac features 4 bedrooms/ 3 bathrooms & a nice backyard for outdoor entertaining or relaxation. Main floor has 3 BDRM, 2 BATH with an ensuite & walk-in closet in the master. Basement has a bright rec room, and a walk out 1 BDRM Legal Suite as a MORTGAGE HELPER. Close to schools, shopping, recreation, and easy access to freeway. Don't miss your chance to own this exceptional property that offers the perfect blend of comfort, convenience, and charm. (id:48205)

4 Bedroom 3 Bathroom 2159 sqft
For sale
$1,149,000
3296 ROCKHILL PLACE, abbotsford, British Columbia

3296 Rockhill Place

Abbotsford, British Columbia

Welcome to a well kept home on a quiet street in the Townline area. Featuring a large centre island kitchen with stainless steel appliances overlooking a bright living room with a gas fireplace. The main floor is complete with a den/ family room and 3 bedrooms, plus a huge bathroom with dual vanities, a soaker tub and a separate shower. This home offers so many possibilities in the basement! Add a 2 bedroom suite (there is a kitchen without a stove) ? Run a home based Daycare like the current owners did? Recent updates include a newer furnace, hot water on demand, and air conditioning. The fenced yard is well maintained, with a large storage shed and a hot tub. Walk to schools, shopping, and restaurants from this great location. High Street mall and the freeway are close by as well. (id:48205)

3 Bedroom 2 Bathroom 2282 sqft
For sale
$1,149,000
33376 WREN CRESCENT, abbotsford, British Columbia

33376 Wren Crescent

Abbotsford, British Columbia

Beautiful home in the heart of Abbotsford. If you're after a home that is close to everything including schools, shopping center and transportation, you have found it! Features 4 spacious bedrooms, 2.5 bathrooms, living, dining & kitchen upstairs. Fully finished one-bedroom basement with separate entrance and single garage sitting on massive 8858 sq foot lot. Central location of Abbotsford, very quite and friendly neighborhood. (id:48205)

4 Bedroom 3 Bathroom 2045
For sale
$1,145,000
3357 WAGNER DRIVE, abbotsford, British Columbia

3357 Wagner Drive

Abbotsford, British Columbia

BEST LOCATION IN WEST ABBOTSFORD! Well kept home in a very desirable area of West Abbotsford! UPSTAIRS: 3 bedrooms Plus 2 Full bath with good size living area and White kitchen w/ corian counters, S/S appliances & eating bar. and air conditioning to cool you down in the summer and IN Basement: 3 bedroom plus Full Bath. Close to all levels of schools, parks, highway access, shopping, recreation and the High Street Mall. Don't miss it! (id:48205)

6 Bedroom 3 Bathroom 2878 sqft
For sale
$1,139,900
3622 DAVIE STREET, abbotsford, British Columbia

3622 Davie Street

Abbotsford, British Columbia

The perfect family home in East Abbotsford just listed. Centrally located near Thomas Swift Elementary, Clayburn Middle School and Robert Bateman. This 5 bedroom home features a walk out 1 or 2 bedroom legal basement suite (mortgage helper!) or bonus for the in-laws or family. Renovations include newer furnace and air conditioning, brand new hot water tank, new paint, brand new powder room off the laundry room, completely renovated full washroom upstairs and more. Traditional floor plan with large living room and dining area, covered sun deck with mountain views over the fenced back yard. Lots of parking for all the toys as well. You won't want to miss this one. (id:48205)

5 Bedroom 4 Bathroom 2050 sqft
For sale
$1,137,900
13 4295 OLD CLAYBURN ROAD, abbotsford, British Columbia

13 4295 Old Clayburn Road

Abbotsford, British Columbia

Welcome to this stunning home in Sunsprint Estates! This home features three spacious bedrooms upstairs, including a master bedroom with a walk-in closet and 4-piece ensuite. The basement offers a versatile rec/bedroom, complemented by AC for added comfort. Proudly built by Atsma Construction, this home showcases beautiful finishes, including quartz counters, stainless steel appliances, crown moulding, 2" blinds, and vaulted ceilings. Enjoy the bright, open-concept kitchen, dining, and living area, perfect for entertaining. With a double garage and proximity to Clayburn Village amenities, trails, playgrounds, and schools, including Sandy Hill Elementary, Clayburn Middle, and Bateman Secondary, this home offers convenience and luxury in a prime family location. (id:48205)

3 Bedroom 3 Bathroom 1900
For sale
$1,134,900
3066 MCMILLAN ROAD, abbotsford, British Columbia

3066 Mcmillan Road

Abbotsford, British Columbia

5 BDRM // 3 FULL BTHRM // 2148 SQFT Welcome home to your new basement entry home Abbotford's McMillan Neighbourhood! Tastefully updated and maintained, this home has a bright and airy layout with good sized bedrooms and plenty of great living space. Lots of important updates have been completed for you including: A/C & Soundproof Quality Windows (2023), Roof (approx 10 years old), Furnace & Hot Water Tank (2021), Carpeting on stairs (2024). The expansive backyard is fantastic year-round! In addition, you have a double garage with an extended driveway, providing plenty of parking. Found in school catchments for Prince Charles Elementary, William A Fraser Middle and Yale Secondary School -- this is not one to miss! (id:48205)

5 Bedroom 3 Bathroom 2148 sqft
For sale
$1,125,000
2071 MAJESTIC CRESCENT, abbotsford, British Columbia

2071 Majestic Crescent

Abbotsford, British Columbia

Opportunity At Its Finest! Whether you are an investor, First time buyer, or a developer/builder this property is one you will want to check out. If you are looking to develop be sure to check with the city regarding zoning etc. This 4 bed, 2bath suited home is on a large flat lot that is part of the Urban infill. The property is located in a cul-de-sac that is close to all amenities. The hospital is 5 minutes away and you are less than that to get on to the freeway. These types of properties are getting snatched up fast don't miss your chance to get this one. . Be sure to have your realtor reach out as soon as possible so you don't miss your opportunity on this property! (id:48205)

4 Bedroom 2 Bathroom 2184 sqft
For sale
$1,124,000
34070 ALMA STREET, abbotsford, British Columbia

34070 Alma Street

Abbotsford, British Columbia

Lovingly updated, split level family home on a large corner lot in Central Abbotsford ideal for future DEVELOPMENT. With quiet no through street close to all amenities. Beautiful kitchen with quartz countertops and designer stainless steel appliances. Large living room with attached solarium and views of Baker. 3 bedrooms and 1 bathroom up. Lower level basement suite has separate entrance, 2 additional bedrooms, large living room, full kitchen, second set of washing machines and a spa-like bathroom. Great set up for in laws, a nanny, teenage children or tenants! Private, beautifully planted yard complete with gourmet outdoor kitchen and HOT TUB! Perfect entertaining home. Home includes AIR CONDITIONING and boasts BRAND NEW ROOF & HW TANK. LOTS of parking. (id:48205)

4 Bedroom 2 Bathroom 2332 sqft
For sale Open House
$1,100,000
35331 SANDY HILL ROAD, abbotsford, British Columbia

35331 Sandy Hill Road

Abbotsford, British Columbia

Fantastic family home in sought-after Sandy Hill area, located just minutes from all levels of top-rated schools! This home has space for the whole family with 5 bedrooms and 3 full bathrooms, spacious living room upstairs with tons of natural light, large rec room with wet bar in the basement with the option to use it as an in-law suite, and a double garage. Updates include flooring, appliances, hot water tank and retaining walls. Enjoy the large southwest facing balcony in the front or the deck in your private backyard! Pride of ownership is evident throughout! Book your private showing today! (id:48205)

5 Bedroom 3 Bathroom 2323 sqft
For sale
$1,100,000
8 33000 MILL LAKE ROAD, abbotsford, British Columbia

8 33000 Mill Lake Road

Abbotsford, British Columbia

Over 2300 ft2 of spacious accommodation, main floor consists of entrance hall, large kitchen with separate breakfast area, large living room with 20 ft vaulted ceiling and feature fireplace, dining room with patio doors leading to a full deck with waterfront views. On the upper level, the primary bedroom has a private deck with views over the lake and Mt Baker. Large 5 piece ensuite, 2 further bedrooms and office. Large Double garage with additional storage room. Showing by private appointments only. Call Today. This one will not disappoint! (id:48205)

3 Bedroom 3 Bathroom 2369 sqft
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About The City of

Abbotsford

Traditionally, Abbotsford was made up of predominantly farmland and the vast majority of the area surrounding Abbotsford still is. However, Abbotsford BC Real Estate has recently undergone some drastic changes, and new home developments have now incorporated an inspiring combination of modern urban style and friendly country living.

Neighborhoods in

Abbotsford

East Abbotsford homes for sale are always in high demand in popular areas like Eagle Mountain, McKee, Whatcom, Auguston, Sandy Hill, Clayburn, and more. Central Abbotsford homes are also growing in demand as young families move into older homes and do their own dream renovation to bring the home up to today’s standards.

Abbotsford homes for sale in areas like Bradner and Sumas Mountain make for a great place to live for people from all walks of life. This area of the Fraser Valley is also an amazing place for those that want to downsize and live a quiet life of retirement, especially those who have recently became empty nesters and would like to move into a rancher style home in Abbotsford.

  • Aberdeen

  • Arnold
  • Auguston
  • Blueridge
  • Bradner
  • Clayburn
  • Clearbrook
  • Downtown
  • Eagle Mountain
  • Gifford
  • Glen Mountain
  • Huntingdon
  • Kilgard
  • Matsqui
  • McKinley Heights
  • Mill Lake
  • Mount Lehman
  • Sandy Hill

Amenities in

Abbotsford

Over the last two decades, the City of Abbotsford has worked in partnership with dozens of park boards, developers, and school districts to further develop Abbotsford into a lively and community-centric city.

The Parks Department of the City of Abbotsford manages several parks, athletic fields, and many recreational and cultural centres that are subsidized through municipal taxes. These programs are developed to ensure that the local residents are engaging in healthy activities and contributing to the cultural growth of the community.

  • Abbotsford Recreation Centre
  • Matsqui Recreation Centre
  • Abbotsford Exhibition Park
  • Mill Lake Park
  • Fishtrap Creek Park
  • Albert Dyck Memorial Park
There are over 50 schools in Abbotsford, from private elementary schools all the way to highly-rated public universities (UFV). With so many educational institutions in town, there is a school for everyone!

  • University of the Fraser Valley (UFV)
  • Mennonite Educational Institute (MEI)
  • W.J. Mouat
  • Robert Bateman
  • Abbotsford Secondary
  • St. John Brebeuf
  • Aberdeen Elementary
  • Matsqui Elementary
Local entrepreneurs, developers, and government boards have been working in direct connection with one another to build out the shopping and entertainment districts of Abbotsford.

  • Highstreet Shopping Centre
  • Sevenoaks Shopping Centre
  • West Oaks Mall
  • Cineplex VIP Cinemas
  • Abbotsford Entertainment Centre
  • Castle Fun Park
The City of Abbotsford has been actively improving the transit accessibility of its community. Historically recognized as a car-dependent city, this community has been at the forefront of improving walkability with recent projects surrounding High Street and Montrose.

  • Uber
  • BC Transit
  • International Airport (YXX)

Economic Stats for

Abbotsford

If you’re thinking about buying a home in Abbotsford, it is important that you consider the economy factors at play and determine whether those trends are inline with a community you want to invest into. Whether you’re a first time homebuyer, long term rental investor, or a family looking to relocate to the Fraser Valley, you should always consider the state of the local economy before purchasing a new property.

As of 2021, the City of Abbotsford has an approximate population of 141,489 people. The population has been growing at a rapid pace of 1.5% per year for well over a decade.
Out of approximately 50,000 households in Abbotsford, the vast majority of families have a household income well between $60,000 to $150,000 or more. While the household incomes are stable, they’re also well above the national median income of $72,000 per year.

Abbotsford’s real estate market continues to steadily rise over the last decade. The FVREB predicts continued growth in real estate prices in all neighbourhoods within Abbotsford.

Abbotsford July 2020 Price Three Year % Change
Detached House $831,600 28.7%
Townhouse $462,800 34.2%
Apartment/Condo $322,200 48.3%

(From MLS® Home Price Index – Fraser Valley Real Estate Board July 2020.)

Residential Property Tax Rate for Abbotsford from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.327%     0.150%       0.504%
2019     0.309%     0.140%       0.474%
2018     0.335%     0.149%       0.513%
There are several large economic drivers in Abbotsford that have a significant impact on the local demographics, income, and culture.

Abbotsford, BC is home to the University of the Fraser Valley (UFV), the Tradex building, and the Abbotsford International Airport, which also hosts the annual Abbotsford International Airshow. Abbotsford also has a relatively new state-of-the-art Hospital and Cancer Centre and this growing Fraser Valley community has some of the most sought-after schools in BC. Abbotsford also enjoys a large amount of Commercial Real Estate, making the city completely self-sufficient and ever ready for expansion and growth.

For those who like to save by going across the border to the US to purchase gas, milk, cheese and common household groceries, Abbotsford is ideally located next to the Canada/US Sumas border making it very convenient to save on some additional living costs.

Rental Potential in

Abbotsford

Investor types need to make sure the numbers on the property make sense in order to properly assess the risk-to-reward. While these numbers are rough estimates, they do provide a starting point for real estate investors to gather information and begin the due diligence process.

Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.

  • Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
  • Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
  • Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In Abbotsford, you can expect to pay around 0.504% of the BC assessment value each year.
  • Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
  • Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
  • Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.
While the cost of real estate has been steadily rising in Abbotsford for the last several decades, so has the average rents.

According to CMHC, the average rent in Abbotsford has been rising every year. From 2014 to 2019 rents have risen from $768 to $1,045 per month.

Vacancy rates in Abbotsford remained at the lowest levels seen in the last 20+ years. With an average vacancy rate of 0.68% over the last five years.

It is worth mentioning that monthly rents in Abbotsford can vary greatly depending on the neighbourhood, quality of finishings, and the size of the property. A property on Eagle Mountain may demand double the monthly rents compared to a house in Central Abbotsford and vice versa.

Estimated Monthly Rents:

1 Bedroom – $1,100 – $1,300 per month

2 Bedroom – $1,500 – $1,800 per month

3 Bedroom – $2,300 – $2,700 per month