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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
$1,060,000
31404 WINTON AVENUE, abbotsford, British Columbia

31404 Winton Avenue

Abbotsford, British Columbia

Welcome to your new home nestled in a serene corner of Abbotsford. This charming residence boasts an updated furnace & air conditioning unit, freshly painted interiors, & a view of Webster Park. Tucked away on a peaceful dead-end street, yet conveniently close to freeway access, it offers both tranquility and connectivity. Imagine entertaining guests on the expansive multi-level deck, perfectly suited for gatherings & prepped for a future hot tub installation. Inside, the home greets you with easy-to-maintain laminate & vinyl flooring throughout the main floor, complemented by two cozy gas fireplaces adding warmth & charm. With move-in readiness & quick possession available, the location couldn't be more ideal-just around the corner from the highly-regarded Abbotsford Traditional School. (id:48205)

4 Bedroom 3 Bathroom 2144 sqft
For sale
$1,060,000
2601 BLACKHAM DRIVE, abbotsford, British Columbia

2601 Blackham Drive

Abbotsford, British Columbia

Updated 5 bedrm, 3 bathrm family home including a versatile 1 bedrm, 1 bathrm suite at the end of a quiet cul-de-sac! The main living area boasts a welcoming environment for gatherings & everyday living w/ an open-concept great room w/ large windows & dining area that seamlessly flows into the kitchen w/ granite countertops, ample cabinets & a large island. The main floor features 2 nice size bedrooms & the primary suite that has a walk in closet & 4pc ensuite. Downstairs is an additional bedrm/office & laundry. The 1-bedrm, 1-bathrm suite offers flexibility for multi-generational living or rental income potential with its own living area and kitchen! Outside, is a covered patio area & fenced yard! With its convenient central location, you'll enjoy easy access to schools, parks & shopping. (id:48205)

5 Bedroom 3 Bathroom 2593 sqft
For sale
$1,059,900
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 sqft
For sale
$1,050,000
34235 LARCH STREET, abbotsford, British Columbia

34235 Larch Street

Abbotsford, British Columbia

Perfect A/C family home on a large fenced lot in a quiet cul-de-sac street that ends with a park. Fantastic quite neighborhood to raise your family. Walk to all levels of schools & only a few mins & your downtown Abbotsford where all the cool coffee shops, restaurants & shopping are. Plus your only 5 minutes to the highway. Basement entry home with updated kitchen that opens to a huge entertaining covered patio & overlooks a huge fenced backyard with lots of room to play. Looking for a different floor plan, its here. 4 bed Rooms, 3 bath Rooms. Updating include, heat pump A/C, Windows, patio, gas F.P., Kitchen. Nothing to do just move and enjoy. 2 car garage with double doors with 125 amp service NEED A SHOP! 19'8x21'4 There's lots of room for parking. Boat, R.V? (id:48205)

4 Bedroom 3 Bathroom 2600 sqft
For sale
$1,050,000
2 33580 HUGGINS AVENUE, abbotsford, British Columbia

2 33580 Huggins Avenue

Abbotsford, British Columbia

Discover this stunning half duplex nestled in a prime location with breathtaking mountain views. The home features vaulted ceilings and a spacious, open-concept main floor perfect for modern living. Boasting 4 bedrooms and 4 bathrooms, this property includes a double car garage for your convenience. Enjoy outdoor living on the massive private patio, while the large kitchen and quartz countertops add a touch of luxury to the heart of the home. Additionally, an unauthorized suite with a separate entrance and laundry offers potential for extra income or multi-generational living. Don't miss this amazing opportunity! (id:48205)

4 Bedroom 4 Bathroom 1825 sqft
For sale
$1,050,000
2356 ANORA DRIVE, abbotsford, British Columbia

2356 Anora Drive

Abbotsford, British Columbia

Beautifully Updated 4-5 bedrm 3 bathrm sought after McMillan/Everett family home (walk to schools, pool, rec center, ice arena, restaurants) Fresh updates inc paint, baseboards, refinished wood floors + New stove & hoodfan. MAIN FLOOR: Livrm features X/L windows & cozy gas f/p / opens to 12 ft formal Dinrm. Spacious Kitchen (tons of counter space)+ Eating Area overlooking amazing All Season 31ft Entertainment/BBQ deck (overlooking private fenced 8391sf. lot) UPPER LEVEL: Master Suite=updated 3 pc ensuite+ His/Her closets & 2 more bedrms. LOWER LEVEL:famrm, laundryrm, office/bdrm? & guest bathrm. BSMT: ManCave/TV room, bar, bedrm, flexrm, workshop + access 19ft crawlspace storage. UPDATES: last 1-5 yrs inc metal roof, windows, fence, lighting, dishwasher. PLUS Updated A/C, H.E.furnace, 2 bathrms with heated floors, inground auto irrigation system. 20' garage +23' rear carport + 47' cement pad (beside the house) for extra parking / RV? - Dates are flexible. Call your agent for a private showing - No Open House. (id:48205)

4 Bedroom 3 Bathroom 2568 sqft
For sale
$1,050,000
31853 JERVIS COURT, abbotsford, British Columbia

31853 Jervis Court

Abbotsford, British Columbia

LOCATION! LOCATION! LOCATION! QUIET CUL-DE-SAC. Beautiful, private setting. Well-kept, fenced, adorable 4-bedroom and 2.5 bath basement entry home situated in West Abbotsford best location . Possibility of a basement suite downstairs. Features include updated windows, furnace, air conditioner, updated sundeck , Updated Shed (12' and 12') , treehouse and Fenced backyard, . If you enjoy spending time outside on a updated sundeck and fenced backyard, you will love this oasis. The house backs onto Fishtrap Creek and a walking trail. Live next to a beautiful natural setting with sitting and resting areas, a park, and a pond where you can watch ducks and birds. Plenty of walking and hiking trails!. Great central location-close to schools, recreation and quick freeway access for commuters. (id:48205)

4 Bedroom 3 Bathroom 1914 sqft
For sale
$1,049,900
3771 NICOLA STREET, abbotsford, British Columbia

3771 Nicola Street

Abbotsford, British Columbia

Charming three-level split, 3 bedroom 3 bathrooms home, ideally situated on a prime corner lot in the heart of Central Abbotsford. This fantastic location offers the convenience of being close to all levels of schools, recreational facilities, parks, Rotary Stadium, and much more. As you step inside, you'll find a cozy living room that's perfect for relaxation and a spacious family room featuring a warm wood-burning fireplace, making it an inviting space for gatherings. The kitchen comes with a bonus eating area, and it provides easy access to the fenced backyard, adding convenience to your daily life. Call today to book your private showing! (id:48205)

3 Bedroom 3 Bathroom 2688 sqft
For sale
$1,049,900
2284 MIDAS STREET, abbotsford, British Columbia

2284 Midas Street

Abbotsford, British Columbia

CHARMING MCMILLAN CUL-DE-SAC HOME!!! Private backyard, 3 bedrooms up, 3 baths, separate entrance for a potential in-law suite or add more bedrooms down. Updates include newer windows, deck, flooring, paint, roof, and more. Walk to Yale Secondary, WA Fraser Middle, Abbotsford Rec Centre, and literally minutes to shopping, restaurants and Hwy 1. Don't miss out on this well kept opportunity!!! (id:48205)

4 Bedroom 3 Bathroom 1895 sqft
For sale
$1,049,000
35505 DINA PLACE, abbotsford, British Columbia

35505 Dina Place

Abbotsford, British Columbia

Welcome to your East Abbotsford home with breathtaking mountain & valley views! This spacious family residence boasts 3,000+ sqft of living space with 5 bdrms & 3 baths, offering plenty of room for everyone. Desirable great room layout is drenched in natural light thanks to abundant windows. Cooking is a breeze with your gas range! Massive covered deck is perfect for year round BBQs (nat gas R/I) while savoring the scenery. The master bedroom features a luxury ensuite and a private balcony, perfect for relaxing. Double car garage & room for the RV. The nicely landscaped, spacious lot is surrounded by mature trees, providing a serene setting. Close to parks, a golf course, shopping, and with easy freeway access, this home offers the perfect blend of convenience and comfort. Call today! (id:48205)

5 Bedroom 3 Bathroom 3091 sqft
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
$1,039,900
2240 MCMILLAN ROAD, abbotsford, British Columbia

2240 Mcmillan Road

Abbotsford, British Columbia

OPEN HOUSE SATURDAY JULY 6TH 12:00-1:30 LOCATION! LOCATION! LOCATION! This McMillan Road home is situated in premium location walking distance to schools, rec centre, parks and easy access to hwy 1 for commuters. Main floor boasts spacious kitchen, covered sundeck, dining room, living room, 3 bedrooms and 2 bathrooms. Huge rec room in basement plus bathroom, den, laundry and single car garage! Massive flat yard, big driveway, superb home for families, call today! (id:48205)

3 Bedroom 3 Bathroom 1915 sqft
For sale
$1,039,000
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 sqft
For sale Open House
$1,035,000
3149 TOWNLINE ROAD, abbotsford, British Columbia

3149 Townline Road

Abbotsford, British Columbia

Why buy a townhome and pay monthly strata fees when you can own your home with a private yard? Welcome to 3149 Townline Road in West Abbotsford. You will love the location, as it's close to all three levels of schools, High Street Mall, recreation, dining, transit, the gurdwara, and offers easy access to Highway 1. Inside, you will find over 1,600 sq. ft. of living space that includes a living room, dining room, and three bedrooms. That's not all-you will love hosting and enjoying the nice weather on the large patio. Call today before this one is gone! (id:48205)

3 Bedroom 2 Bathroom 1647 sqft
For sale
$1,034,000
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. (id:48205)

3 Bedroom 2 Bathroom 1793 sqft
For sale
$1,029,900
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 sqft
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. OPEN HOUSE SUN MAY 26 12 TO 3 (id:48205)

3 Bedroom 3 Bathroom 1828 sqft
For sale
$1,019,000
8 35810 MCKEE ROAD, abbotsford, British Columbia

8 35810 Mckee Road

Abbotsford, British Columbia

GOLF POINTE ESTATES! Executive Duplex style 4 bed, 4 bath townhouse that shows like new. This former show home is loaded with extras! Main floor features an open floor plan w/ walkout patio to one of the most spacious yards in the complex, dining area, family & living room w/ shiplap fireplace and kitchen with center island. Upstairs features 3 spacious bedrooms including master bed w/walkout patio, spa like ensuite, frameless glass shower, tub, dbl sinks & walk-in closet w/built ins. Basement has a bedroom (could be rec room) w/ its own full bath. Other features include H/E furnace, A/C, high quality flooring, quartz counters, and much more! Incredible location in East Abby across from Ledgeview Golf Course, hiking trails, close to shopping & in a great school catchment. (id:48205)

4 Bedroom 4 Bathroom 2319 sqft
For sale
$999,999
3626 OLD CLAYBURN ROAD ROAD, abbotsford, British Columbia

3626 Old Clayburn Road Road

Abbotsford, British Columbia

Welcome to a masterpiece of family living nestled in the heart of Clayburn. This balanced 4 bed/3 bath home offers an unparalleled combination of comfort, warmth & location. Situated on an expansive corner lot, this property exemplifies the perfect family home. Boasting over 2,000 sq ft of living space, every room is designed with comfort in mind, ideal for both relaxation & entertainment. 4 beds w/generously sized primary including ensuite & outdoor deck. Updates include; roof, hot water tank, patio deck and appliances. Step outside into your private retreat onto a large corner lot with plenty of room for outdoor activities, gardening. Located in a top school catchment, residents enjoy proximity to top-rated schools making it an ideal place to raise children. This home offers everything! (id:48205)

4 Bedroom 3 Bathroom 2045 sqft
For sale
$999,999
35155 HIGH DRIVE, abbotsford, British Columbia

35155 High Drive

Abbotsford, British Columbia

Your search for a home w/ a BASEMENT SUITE ends here! This charming 5 bed, 2 bath w/ a 2 bedroom basement suite nestled on a spacious 10,890 sq ft lot is located in a vibrant neighbourhood near schools, transit, & shopping centres. This property offers the perfect blend of convenience & comfort w/ an open-concept layout seamlessly connects your living space to your spectacular kitchen, while the basement suite presents endless possibilities for rental income or a mortgage helper. Outside, the expansive front yard provides ample space for outdoor enjoyment w/ a private back yard to host events w/ your family & friends! Whether you're an investor or a growing family, this property is sure to impress. Schedule your viewing today and make this house your home! GREAT RENT FOR WHOLE HOUSE (id:48205)

5 Bedroom 2 Bathroom 2270 sqft
For sale
$999,900
2055 MCKENZIE ROAD, abbotsford, British Columbia

2055 Mckenzie Road

Abbotsford, British Columbia

Well maintained cozy rancher on huge 7841 sqft lot. Updated with newer vinyl windows, laminate flooring, and crown molding. 6 Feet crawl space height underneath the whole house for all your storage needs. OCP designated infill 3 and as per provincial law you can build 4 units or build your dream home like next door's house. Call for your personal tour! (id:48205)

2 Bedroom 1 Bathroom 900 sqft
For sale
$999,900
30 4295 OLD CLAYBURN ROAD, abbotsford, British Columbia

30 4295 Old Clayburn Road

Abbotsford, British Columbia

Step into this recently built, three-story home featuring 4 beds & 3 baths, including a luxurious Master Bedroom complete with a 4-pc ensuite and walk-in closet. The Main Floor offers a welcoming open-concept layout seamlessly merging the Kitchen, Dining Room and Living Spaces complemented with a cozy fireplace. The Kitchen showcases modern cabinetry, a large island, stainless steel appliances and quartz countertops. The basement flex room has its own closet, bathroom and entry through the double garage, ideal for a mortgage helper! Situated near all levels of schooling and minutes away from HWY 1 and HWY 11. (id:48205)

4 Bedroom 3 Bathroom 2079 sqft
For sale
$999,000
34333 GEORGE FERGUSON WAY, abbotsford, British Columbia

34333 George Ferguson Way

Abbotsford, British Columbia

OPEN HOUSE: JULY 6 AND JULY 7 2PM-4PM. Investor's Dream! 1971-built home with modern updates, perfect for future development or as a building lot. Situated in Central Abbotsford, close to SCHOOLS such as Yale Secondary (Grades 9-12), William A. Fraser Middle (Grades 6-8), & École Margaret Stenersen Elementary (Grades K-5). Enjoy PARKS & REC with 4 parks nearby. Public TRANSIT is convenient, just a 4-min walk away. This corner lot at Stewart Cres & George Ferguson Way offers ample parking with two driveways & potential for development, boasting 100 ft' frontage on George Ferguson & 80' ft depth on Stewart Cres. Zoned for infill, consider subdivision or a 4-plex. Don't miss out, call now! (id:48205)

4 Bedroom 2 Bathroom 2041 sqft
For sale
$999,000
34516 EPSON LANE, abbotsford, British Columbia

34516 Epson Lane

Abbotsford, British Columbia

This owner occupied home has been beautifully maintained by the owners for over 22 years! Main floor features two large bedrooms with lots of closet space. Kitchen updated several years ago. The dining area is centered by a family room with a new stone walled electric fireplace. The other side is a spacious living room facing the quiet Epson Lane roadway. New carpet and new flooring throughout the main floor. Downstairs houses a vast den and bedroom along with another full bathroom. Storage and laundry adjacent. Short walking distance to all levels of schools! Gravel parking adds a 4th parking spot on the property. Plenty of privacy in the backyard oasis they have built, with a canvas that is still open to your ideas. Come see for yourself! - https://my.matterport.com/show/?m=bD9JQvus4q7 (id:48205)

4 Bedroom 2 Bathroom 1987 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