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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
$1,075,000
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 May 11, 202 from 12-2pm and Sunday May 12, 2024 from 1-3pm. (id:48205)

5 Bedroom 3 Bathroom 3305
For sale
$1,075,000
33972 OLD YALE ROAD, abbotsford, British Columbia

33972 Old Yale Road

Abbotsford, British Columbia

Perfect home for a young family, first-time buyer, or an investor! Easy to put a suite into this 2004-built home with excellent square footage and gated parking at a hard-to-beat price! Just steps from the revitalized Historic Downtown shops and amenities, this location is on the rise. Easy commutes in all directions, and just seconds from the highway. Why buy a townhome when you can own a home with an income generator and and no strata! Low-maintenance property with the privacy of a greenbelt in the back! (id:48205)

5 Bedroom 4 Bathroom 2558
For sale
$1,069,000
3332 EPSON COURT, abbotsford, British Columbia

3332 Epson Court

Abbotsford, British Columbia

East Abby Gem, great street appeal, located on a fantastic family friendly Cul-de-Sac. 4 Bedrooms, 3 Baths. Large fully fenced backyard, perfect for letting the kids play, entertaining or BBQing on Sundeck off kitchen. Separate fenced Dog run. Many upgrades include; Newer Roof & Gutters (2022), New Superior Garage Door, Newer Furnace with A/C, Newer Sliding glass door to Sundeck, Exterior of house painted plus shutters added, Newer Stove, exterior panel for pool heater or Hot Tub, etc.. Downstairs is setup for a 1 bedroom suite with separate entrance. RV or Boat parking. Close to schools, parks, Highway. (id:48205)

4 Bedroom 3 Bathroom 1788
For sale
$1,068,000
35365 SELKIRK AVENUE, abbotsford, British Columbia

35365 Selkirk Avenue

Abbotsford, British Columbia

Discover your new home in East Abbotsford! This stunning 4-bedroom split-entry residence is perfect for families and ready for immediate occupancy. Situated on a tranquil street close to Prince Charles Elementary, this home is surrounded by fantastic hiking, biking, and golfing opportunities. With approximately 1,900 sq ft of living space on a generous 6,000 sq ft lot, this property has been extensively updated. Recent renovations include triple-glazed windows and doors, a modern kitchen with stainless steel appliances, vinyl plank flooring, completely redone bathrooms, a newer roof and hot water tank, an EV charger, a widened asphalt driveway, and a new gutter system with a trap. The fully fenced private backyard and additional shed add to its appeal. This home is a must-see! (id:48205)

4 Bedroom 2 Bathroom 1863
For sale Open House
$1,065,000
2743 MOORLAND STREET, abbotsford, British Columbia

2743 Moorland Street

Abbotsford, British Columbia

West Abbotsford! **FULLY UPDATED HOUSE with GOOD size LOT 7440 sqft **Stainless steel appliances, BRAND NEW KITICHEN and NEW BATHROOMS. UPSTAIRS: 3 bedrooms with good size living area and IN Basement: One bedroom basement suite for MORTAGE HELPER ) Include NEW FURNACE, 200 AMPS and fresh paint with a private fenced yard. Desirable Clearbrook location close to all levels of schools, parks, shopping, recreation and easy freeway access. Don't miss it! (id:48205)

4 Bedroom 2 Bathroom 1800
For sale Open House
$1,059,900
2494 MARCET COURT, abbotsford, British Columbia

2494 Marcet Court

Abbotsford, British Columbia

Discover your suburban dream home, blending contemporary style with family warmth. Recently upgraded, it features a modern kitchen with stainless steel appliances, energy-efficient roofing, windows, and central climate control for year-round comfort. Fresh paint, elegant crown moulding, and high-quality floors add a luxurious touch. The secluded backyard is perfect for relaxation and family time, with a spacious driveway for your vehicles, RV's and toys! The versatile main floor offers potential for guest accommodation or an income suite. Nestled in a vibrant community close to parks, sports facilities, and fine dining, this home is the epitome of active, tranquil living. A harmonious mix of convenience, quality, and eco-consciousness awaits. O/H SAT MAY 18TH 11AM-1PM (id:48205)

4 Bedroom 3 Bathroom 2101
For sale
$1,059,000
2471 GROSVENOR PLACE, abbotsford, British Columbia

2471 Grosvenor Place

Abbotsford, British Columbia

Welcome to this 4 level split home a large 7200 sqft lot located on a quiet street across from Grosvenor Park. This original owner home features a spacious formal living room and dining room with vaulted ceilings, large family room with fireplace with access to the back yard, three large bedrooms upstairs including the primary bedroom with a walk in closet and 3 piece ensuite. The basement is partly finished with extra space awaiting your ideas. Excellent location close to freeway access and shopping. (id:48205)

3 Bedroom 3 Bathroom 1841
For sale Open House
$1,059,000
31920 MAYNE AVENUE, abbotsford, British Columbia

31920 Mayne Avenue

Abbotsford, British Columbia

LOCATION LOCATION LOCATION! Come view this beautiful Abbotsford West Clearbrook home that has a great layout and endless possibilities. Large family/living area on main level that gives access to your large backyard and lower deck. This home has great light with the large windows in the upstairs living room and is a sun lovers heaven with the large patio off the kitchen. 3 bedrooms on the top level and large lower family area that can be set up with many layouts. This home is in perfect location near rec centre and all levels of schools and public transportation. Open House May 11th & 12th 11am to 1pm!! (id:48205)

3 Bedroom 2 Bathroom 1793
For sale Open House
$1,050,000
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
$1,050,000
32764 HAIDA DRIVE, abbotsford, British Columbia

32764 Haida Drive

Abbotsford, British Columbia

UPDATED 4 BEDROOM PLUS DEN FAMILY RESIDENCE! This home boasts a meticulously maintained lot with a fenced yard and convenient RV parking. Step into the stylish kitchen featuring soft-close shaker cabinets, quartz countertops, and S/S appliances. Enjoy updated flooring, fresh paint, and newer furnace and hot water tank. Upstairs, find 3 bedrooms including a primary with ensuite and dual closets. The finished basement offers a soundproof media room with a dry bar, additional bedroom, and den. Ideal for gatherings, the layout flows seamlessly to the spacious back deck with a pergola and hot tub. Outside, discover a serene backyard oasis with a pond and a two-level storage shed with power. Perfectly situated in a central location, this home is move-in ready. (id:48205)

4 Bedroom 3 Bathroom 2328
For sale
$1,050,000
32515 GEORGE FERGUSON WAY, abbotsford, British Columbia

32515 George Ferguson Way

Abbotsford, British Columbia

Perfect opportunity to own this well maintained rancher which comes with 3 bedroom 2 bath with a large lot. Property has one bedroom which is built without permit. It is close to all amenities including schools, public transport, shopping, library, recreation and much more. Great development potential please verify with the city. Book your private showing today! (id:48205)

3 Bedroom 2 Bathroom 1557
For sale Open House
$1,049,999
34991 BERNINA COURT, abbotsford, British Columbia

34991 Bernina Court

Abbotsford, British Columbia

Impeccably maintained split- level residence, boasting numerous upgrades. Offering 4 bedrooms and 3 bathrooms, it is an ideal choice for families seeking generous living space. Enter the welcoming living room featuring a high ceiling and expansive picture window. The kitchen has maple-style cabinets, quartz countertops, and stainless steel appliances. Walk out basement includes 1 bed in-law suite with a separate entrance. Nestled in a serene cul-de-sac on a 7,700 square-foot lot, this property is within walking distance to acclaimed schools like Fraser Middle, Yale secondary, and McMillan elementary. Conveniently situated for busy families, it provides easy access to shopping and transit. Open house Sun 2-4pm. (id:48205)

4 Bedroom 3 Bathroom 1855
For sale
$1,049,999
3089 TODD COURT, abbotsford, British Columbia

3089 Todd Court

Abbotsford, British Columbia

Your beautiful oasis awaits! This is a yard you will not be interested in leaving, perfect for the entertainer or sun lover. Beautifully renovated home with updated kitchen, interior with hot tub and much more. Hang out in this backyard oasis. If for some reason you have to bring yourself inside, you will find everything you need. Five bedrooms, two bathrooms and a very generous rec room. The location is great too, everyone on this Cul-De-Sac knows each other by name! Come home to the space you deserve! (id:48205)

5 Bedroom 2 Bathroom 2015
For sale
$1,049,900
6 35247 STRAITON ROAD, abbotsford, British Columbia

6 35247 Straiton Road

Abbotsford, British Columbia

Welcome to Nature's Edge - a collection of 21 master-built detached and attached townhomes nestled into the heart of East Abbotsford. An ideal location close to schools, hiking/biking trails, Clayburn Village and so much more! Quality constructed by a reputable, local builder to last a lifetime. Offering a variety of layouts and homes ranging in size from 2200 to 2700 sq/ft, 3 or 4 bedrooms, with thoughtful upgrade options. These homes offer ICF foundations, forced air heating, chef style kitchens w/ large islands, double car garages, 9' ceilings, and most homes come with a double driveway and a beautiful backyard. Phase 1 move-ins expected Spring of 2025. Unit 6 is an end unit in Phase 2. (id:48205)

4 Bedroom 4 Bathroom 2686
For sale
$1,049,900
13 35247 STRAITON ROAD, abbotsford, British Columbia

13 35247 Straiton Road

Abbotsford, British Columbia

Welcome to Nature's Edge - a collection of 21 master-built detached and attached townhomes nestled into the heart of East Abbotsford. An ideal location close to schools, hiking/biking trails, Clayburn Village and so much more! Quality constructed by a reputable, local builder to last a lifetime. Offering a variety of layouts and homes ranging in size from 2200 to 2700 sq/ft, 3 or 4 bedrooms, with thoughtful upgrade options. These homes offer ICF foundations, forced air heating, chef style kitchens w/ large islands, double car garages, 9' ceilings, and most homes come with a double driveway and a beautiful backyard. Phase 1 move-ins expected Spring of 2025. Home 13 is a detached home. (id:48205)

3 Bedroom 4 Bathroom 2200
For sale
$1,049,900
2282 MOUNTAIN DRIVE, abbotsford, British Columbia

2282 Mountain Drive

Abbotsford, British Columbia

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
$1,049,900
35186 SKEENA AVENUE, abbotsford, British Columbia

35186 Skeena Avenue

Abbotsford, British Columbia

Well cared for and maintained home with 3 bedrooms up, personal games room with washroom, can easily be converted to in-law suite AND extra income producing suite. Recent updates include windows, high-efficiency furnace, hot water tank, bathrooms, flooring, kitchen(s), and more. The Master bedroom has 3 piece ensuite and a nicely updated main bath. Downstairs has a large rec room and a 2 piece bath and laundry. An amazing 1 bed suite with private entrance, private laundry, new kitchen, bath, and flooring throughout the suite plus a private yard. Parking for 4-5 cars on the driveway, 2 large storage sheds, and a quiet private deck out back. Hurry and book your private showing! (id:48205)

4 Bedroom 4 Bathroom 2440
For sale
$1,049,000
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
$1,045,000
9 35931 EMPRESS DRIVE, abbotsford, British Columbia

9 35931 Empress Drive

Abbotsford, British Columbia

Majestic Ridge~there is a reason it is called that! The views from this 2859 sq ft end unit are exactly that~ MAJESTIC! A true sense of community w/ the best neighbours in this gated complex. Spacious & immaculately kept, this bright 4 bedrm, 3 bth home has a great flr plan w/living/dining room area & sliders leading outside to the balcony. Relax & look out at the breathtaking mountains! The spacious kitchen w/ gas range has sit around island & tons of cabinetry. The primary bdrm is huge w/ 5 pc ensuite & walk in closet. Down boasts 2 more bdrms, loads of storage, rec rm & 3 pc bth. The private backyard patio has a tranquil view of the green space! Double garage & 2 in driveway & new HT/W tank! Live the lifestyle, nestled in nature w/ golf, trails, amenities & everything near! (id:48205)

4 Bedroom 3 Bathroom 2859
For sale
$1,045,000
2235 CRYSTAL COURT, abbotsford, British Columbia

2235 Crystal Court

Abbotsford, British Columbia

Beautiful 3-4-bedroom home, boasting an impressive 34'x17' shop (w/hoist). Main floor is a bright and airy open living space. The kitchen features custom-built cabinets and a spacious layout complete with a large fridge, gas stove, and dishwasher. French doors from the kitchen open onto large deck, perfect for entertaining, with a gas hookup for your BBQ. The lower floor offers radiant hot water in-floor heating, also a ducted natural gas furnace with central air conditioning. The lower level has a hobby room, large family room, and office space. Lots of covered parking and explore the fenced backyard with mature trees and a gardening shed that includes a hoist for endless storage possibilities. Situated in a cul-de-sac across from a park, with another park located behind the house. (id:48205)

3 Bedroom 2 Bathroom 1615
For sale
$1,032,500
1979 MCKENZIE ROAD, abbotsford, British Columbia

1979 Mckenzie Road

Abbotsford, British Columbia

Beautifully updated rancher with a full basement. Located in central Abbotsford this home offers comfort and convenience. The many features include a modern white kitchen with large island, SS appliances and granite countertops, stone fireplace in the living room, fully finished basement with wall to wall built-ins in the rec room, separate basement entrance, ductless mini split AC and heating system, all new insulation in exterior walls and attic, fully rewired with a 200 amp service, new water and gas pipes, large fenced lot with a detached garage and covered deck for year round enjoyment. Great residential neighbourhood close to services, schools, recreation and shopping. This one is a must see!! (id:48205)

4 Bedroom 2 Bathroom 1929
For sale
$1,024,888
34470 LABURNUM AVENUE, abbotsford, British Columbia

34470 Laburnum Avenue

Abbotsford, British Columbia

Open the front door & fall in love! Perfect family starter w/3 large bdrms up & 3 bthrms inc ensuite off Primary. Cheerful and bright natural light with the oversized new windows. New roof & H/W tank. Furnace with Central A/C making summers comfortable. Nothing to do except move in & enjoy! Plenty of room to expand downstairs or realize the potential mortgage helper w/ separate entrance and bathroom ready to go. Quality family time is easy here; Winter days you can curl up to wood burning fireplace upstairs or the natural gas fireplace downstairs to keep you cozy. BBQ season all year round on large covered deck overlooking private backyard oasis.  Tons of storage & a workshop space inside enclosed garage for dad. Prime quiet location Close to fantastic schools, parks, and transit. (id:48205)

3 Bedroom 3 Bathroom 1828
For sale
$1,019,900
5 35247 STRAITON ROAD, abbotsford, British Columbia

5 35247 Straiton Road

Abbotsford, British Columbia

Welcome to Nature's Edge - a collection of 21 master-built detached and attached townhomes nestled into the heart of East Abbotsford. An ideal location close to schools, hiking/biking trails, Clayburn Village and so much more! Quality constructed by a reputable, local builder to last a lifetime. Offering a variety of layouts and homes ranging in size from 2200 to 2700 sq/ft, 3 or 4 bedrooms, with thoughtful upgrade options. These homes offer ICF foundations, forced air heating, chef style kitchens w/ large islands, double car garages, 9' ceilings, and most homes come with a double driveway and a beautiful backyard. Move-ins expected Spring of 2025. Unit 5 is an inside unit of phase 2. (id:48205)

4 Bedroom 4 Bathroom 2686
For sale Open House
$999,999
33475 KILDARE TERRACE, abbotsford, British Columbia

33475 Kildare Terrace

Abbotsford, British Columbia

This stunning two-story house has been fully renovated and is an excellent opportunity for first-time buyers and investors alike. It boasts 6 bedrooms and 4 bathrooms, providing ample space and comfort. The kitchen is brand new and comes equipped with modern appliances, a new floor, and a new furnace. The house sits on a spacious corner lot that has been newly landscaped and spans 6,432 square feet, providing plenty of outdoor space for various activities. The property also includes a 2 bedroom unauthorized suite and a 1 bedroom unauthorized suite which is perfect for rental income or extended family living arrangements. Located in the university district area of Abbotsford, the property benefits from a superb location. Quick access to the highway, university, airport, and public transit. (id:48205)

6 Bedroom 4 Bathroom 2300
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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