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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
$899,000
34041 WAVELL LANE, abbotsford, British Columbia

34041 Wavell Lane

Abbotsford, British Columbia

Nice centrally located investment property on 6500 sq. ft. lot, rancher style home located on a quiet Cul-de-sac, 2 bedrooms, two bathrooms, close to bus route, elementary school and freeway access Hwy #11, fenced private yard, call to view. (id:48205)

2 Bedroom 2 Bathroom 888
For sale Open House
$899,000
2468 CAMERON CRESCENT, abbotsford, British Columbia

2468 Cameron Crescent

Abbotsford, British Columbia

FIRST TIME HOME BUYERS, FAMILY & INVESTORS!! 3 beds & 2 baths upstairs, 2 beds & 1 bath downstair. This lovely well-kept home is a perfect start for any family. Large deck off the kitchen. Updated upstairs kitchen cabinets and counter top, light fixtures, blinds and flooring. 2BR mortgage helper suite below has been renovated in 2022. Great McMillan location within walking distance to Yale Secondary, parks, rec centre and strip mall. Large double driveway with room for 4 cars. Newer roof (2017), new hot water tank (2022), new windows in basement (2022), new furnace (2023). Open house: Sat & Sun Apr 27/28, 2-5pm. (id:48205)

5 Bedroom 3 Bathroom 2255
For sale Open House
$899,000
2 31445 RIDGEVIEW DRIVE, abbotsford, British Columbia

2 31445 Ridgeview Drive

Abbotsford, British Columbia

Escape the hustle & bustle in this exceptionally quiet, peaceful, 55+ gated community, w/ stunning mountain views & picturesque lake, adorned w/ dazzling fountains. This sprawling end unit features vast windows & vaulted ceilings, draping the home in bright, natural light. Featuring a primary bedroom on the main w/ expansive ensuite bath, plenty of space, & a covered North-facing balcony w/nat gas BBQ hookup. Downstairs features a wetbar, additional bedroom, workshop/flex space, plenty of room for recreation/additional living space, as well as a walk-out covered patio to the lush, green yard. Ample parking w/ a double wide garage w/ an EV charger, full driveway & available RV parking. Beautiful & safe area to walk about, minutes drive to shops, restaurants, plus quick access to HWY1. (id:48205)

3 Bedroom 3 Bathroom 3160
For sale
$899,000
34624 5 AVENUE, abbotsford, British Columbia

34624 5 Avenue

Abbotsford, British Columbia

Welcome to your new home in the desirable Huntingdon Village! This 3 Bedroom + 3 Bathroom home offers both charm & comfort on a generous 30x125 lot. Step onto the large covered decks, both at the front & back in any weather. Formal living room upon entry which is a great flex space. Open living room with gas fireplace feature and dark brown kitchen with S/S appliances & island. All of the bedrooms are located upstairs along with the laundry. Relax into a laid-back atmosphere where the backyard is fully fenced for your leisure and comfort. In the basement you'll discover a crawl space boasting nearly 6 ft of height providing ample storage for your convenience. Conveniently located close to Sumas border, highway access, shopping centers & much more. Bonus there's a park nearby for the kids! (id:48205)

3 Bedroom 3 Bathroom 1651
For sale
$898,000
39 35626 MCKEE ROAD, abbotsford, British Columbia

39 35626 Mckee Road

Abbotsford, British Columbia

"LEDGEVIEW VILLAS" across from Ledgeview Golf Course (Home of PGA Tour Winner) with awesome new Clubhouse/TAVERN ON THE GREEEN restaurant overlooking golf course + amazing dinner sunsets. Gorgeous bright end townhome with big back yard treed/rock privacy also front deck. 2 storey with basement, main floor has grand open living/dining rooms, 10 feet ceilings, crown moulding, Maple hardwood floors, gas fireplace, kitchen with eating area, SS appliances, granite countertops, bar sitting, 2 piece bath. Upstairs has 3 bedrooms plus a unique den/library room off bedrooms, new 5 piece ensuite with heated floors, nice, another full bath. Basement has huge rec room or 4th bedroom. AC. Double garage with space for 2 cars in front. Golf, schools, trails, parks + easy Whatcom Road Diversion and Mall. (id:48205)

3 Bedroom 3 Bathroom 2014
For sale Open House
$895,000
31 30703 BLUERIDGE DRIVE, abbotsford, British Columbia

31 30703 Blueridge Drive

Abbotsford, British Columbia

Stunning 3,000+sqft rancher allows for true main floor living with new flooring, bright white kitchen, large primary bedroom, spacious living room and full width sundeck. This Duplex-style townhome is located within the extremely well maintained & manicured 55+ gated community of Westsyde Park Estates. The vaulted ceilings, central air conditioning and plenty of visitor parking make this the home the ideal space to entertain while also enjoying the security and privacy of a gated community. The bright walk-out basement offers another floor of living space for entertaining or hosting guests plus a massive storage room/workshop. Enjoy this beautiful home without the stress of lawns, roofs, gutters, windows, etc. all exterior maintenance is covered in the strata fee. Plus onsite RV parking. (id:48205)

3 Bedroom 3 Bathroom 3142
For sale
$895,000
2205 CRYSTAL COURT, abbotsford, British Columbia

2205 Crystal Court

Abbotsford, British Columbia

Check out this centrally located unit that is on a 50' x 113' lot in a great location with park land across the road in a spacious no thru location, this is a great spot to hold and build. Area is currently being redeveloped to single family homes. Home is an older modular home that is past its life expectancy and should be removed for construction of new residence. Walking distance to school and transportation Oakridge Park and convenience store, not many of these around. Check it out, make the numbers work and lets make it happen. (id:48205)

2 Bedroom 1 Bathroom 700
For sale
$889,900
2 34703 OLD YALE ROAD, abbotsford, British Columbia

2 34703 Old Yale Road

Abbotsford, British Columbia

Welcome to McMillan Heights, a collection of 11 boutique town homes nestled in Abbotsford most desirable neighborhood. With over 1800sqft of living space, this large open concept unit has 4 bedrooms, 3 bathrooms and a private backyard. Main floor offers large island, quartz counters, chefs kitchen with S/S appliances, access to patio with gas hookup. Upstairs features 3 large bedrooms, master with ensuite and walk in closet, front loading washer/dryer. 2 car garages come with EV charger. R/I for security, vacuum. All levels of school and rec center literally at your doorstep, Yale Secondary catchment! Very close proximity to many restaurants and shopping. AC, Forced Air and gas stove are just a few of many features this home has to offer. This is a Must See! (id:48205)

4 Bedroom 3 Bathroom 1827
For sale
$889,000
5 32160 PEARDONVILLE ROAD, abbotsford, British Columbia

5 32160 Peardonville Road

Abbotsford, British Columbia

Discover contemporary living in this stylish 1-year-old 1782 st ft CORNER townhome nestled in Abbotsford. Featuring modern finishes, open-concept layout, spacious bedrooms, abundant natural light, sleek kitchen with stainless steel appliances. Double side by side garage with high ceiling and a den on lower level perfect to work from home., 9' ceilings throughout the main level, a designer-selected lighting package, a chef-inspired gourmet kitchen, & large sundecks for outdoor living and large bay windows.. Upper level has 1 master bedroom with his/her closet and ensuite and 2 more bedrooms/1 full bath. Enjoy convenience with nearby amenities and easy access to transportation. Walking distance to school. Ideal for young professionals or growing families." (id:48205)

3 Bedroom 3 Bathroom 1782
For sale
$888,888
20 1950 SALTON ROAD, abbotsford, British Columbia

20 1950 Salton Road

Abbotsford, British Columbia

Welcome to Salton! This is 1898 SF townhome, Built in 2020! comes with 4 bedroom 4 bathroom, it comes with1 bedroom LEGAL SUITES Mortgage helper. It's a short walk to the University of the Fraser Valley, and McCallum Junction commercial center's restaurants, fitness and shopping near by. Abbotsford International Airport, High Street Mall and historic downtown are only minutes away. Nice backyard, Main floor features- bright living area with lots of natural light coming in, spacious kitchen with quartz counter tops/ stainless steel appliances/ tons of storage, nook and a half bath. Top floor features- 3 bedrooms/ 2 bathrooms with an ensuite in the master and laundry. Basement has 1 bedroom LEGAL SUITES with living room, kitchen & bath and access to the backyard. Other features- Only 4 year old, Low Strata Fee, No Age Restrictions, Pet friendly complex, Close to public transit, parks & easy access to Hwy 1. (id:48205)

4 Bedroom 4 Bathroom 1663
For sale
$880,000
2594 PARKVIEW STREET, abbotsford, British Columbia

2594 Parkview Street

Abbotsford, British Columbia

Very Clean 1/2 duplex in West Abbotsford with 2 bedrooms up with kitchen and full bathroom.And very good size 2 bedrooms and living room in basement with separate entry. Very suitable for first time buyers and better than buying a townhouse, no monthly strata fees. Open parking with room for RV parking. with 3,600 sqft lot size.Walk to Matsqui Rec Centre (MRC) and schools (Gordie Howe Middle, WJ Mouat Secondary).Home is in a just minutes from major shopping centres . (id:48205)

4 Bedroom 2 Bathroom 2058
For sale
$880,000
2217 CRYSTAL COURT, abbotsford, British Columbia

2217 Crystal Court

Abbotsford, British Columbia

Location! This 2 bed 1 bath home located in west Abbotsford sits on 6100 SQFT lot with walking distance to all amenities face front to park and close to Hwy access, LOTS of potential live, rent or build your 3 Storey dream home just like other neighboring properties in the neighbor, . please verify with city of Abbotsford for more details. Rent back optional. (id:48205)

2 Bedroom 1 Bathroom 940
For sale Open House
$879,900
14 2850 MCCALLUM ROAD, abbotsford, British Columbia

14 2850 Mccallum Road

Abbotsford, British Columbia

LOCATION, SIZE, LEGAL SUITE... A RARE OPPORTUNITY to live in this stunning 1900 ft2, 4 bedroom + den, 4 bath corner unit townhome, with a legal suite below and an abundance of parking. Upstairs boasts 3 large bedrooms up + den/office on main, 3 modern bathrooms, a chefs kitchen with SS appliances & quartz counter tops, spacious & bright living room, and really nice views. Downstairs is the cutest authorized revenue suite, with a designated bedroom, kitchen, bathroom & living room. The Urban Hillside development overlooks the new Railway District and is just a short stroll to some of Abbotsford's Historic Downtown trendiest Brew Pubs, Restaurants, Bakeries, and Shops. OPEN HOUSE: May 4/5 (Sat & Sun... 1-3 PM) (id:48205)

4 Bedroom 4 Bathroom 1914
For sale Open House
$879,900
2734 SANDON DRIVE, abbotsford, British Columbia

2734 Sandon Drive

Abbotsford, British Columbia

OPEN HOUSE on Sunday May 5 ( 12:00-1:30) pm (id:48205)

3 Bedroom 2 Bathroom 1525
For sale Open House
$879,500
23 3902 LATIMER STREET, abbotsford, British Columbia

23 3902 Latimer Street

Abbotsford, British Columbia

This stunning 3 bed, 3 bath home is in one of the best locations in the complex with forest & mountain views all around for a very private setting. The large windows allow for lots of natural light. The main floor showcases an updated kitchen, laminate flooring, vaulted ceiling, & two gas fireplaces for year-round comfort. Retreat to the spacious primary bedroom on the main, complete with a big walk-in closet with laundry hook-ups & a beautifully renovated 6-pc ensuite. Downstairs you'll find two more sizeable bedrooms, full bath, rec room, & a large workshop. Features a double garage plus a large driveway that fits 2 cars. The pro-active strata that has replaced the roofs in 2020 & repainted the exterior in 2018. Walking distance to Bateman off leash trail and dog park. (id:48205)

3 Bedroom 3 Bathroom 2647
For sale
$875,000
14 3635 BLUEJAY STREET, abbotsford, British Columbia

14 3635 Bluejay Street

Abbotsford, British Columbia

**BEST LOCATION in WEST ABBOTSFORD **CORNER UNIT WITH FULLY RENOVATED and biggest 2600sqft home in a Peaceful and quit Country Ridge! Detached Townhouse in well desired location and family complex. This home has 4 bedrooms and 3 full baths very spacious home Double full sized garage with plenty of visitor parking. Basement features a large rec room with bedroom & bath. NEW Kitchen, NEW Bathroom, NEW Floor, NEW Paint. Well maintained & landscaped complex. Close to the High Street Mall and all levels of schools, SIKH TEPMLE, rec centre, parks, Hwy access. (id:48205)

4 Bedroom 3 Bathroom 2610
For sale
$875,000
34740 3 AVENUE, abbotsford, British Columbia

34740 3 Avenue

Abbotsford, British Columbia

*BUILDER/DEVELOPER ALERT: Potential 2-lot subdivision with lane-way access.* Built in 1980, this Abbotsford property is a golden opportunity for builders, developers, investors, or first-time buyers. Located in the desirable Huntingdon area, it's close to Costco, abundant shopping, and dining options like Cactus Club Café. With a transit stop just 0.12 KM away, easy access to Abbotsford Regional Hospital at 5.21 KM, and nearby amenities such as Huntingdon Park, Envision Athletic Centre, and designated catchment schools, it's ideal for families and investors alike. Beyond its prime location, this property offers potential as a 2-lot subdivision with lane-way access, making it a rare find with endless possibilities for development or cashflow. Don't miss out on this exceptional opportunity! (id:48205)

2 Bedroom 2 Bathroom 1450
For sale
$874,900
88 27735 ROUNDHOUSE DRIVE, abbotsford, British Columbia

88 27735 Roundhouse Drive

Abbotsford, British Columbia

Welcome to this STUNNING townhome located at the Roundhouse! This meticulously crafted 4-bedroom, 4-bathroom haven offers a perfect blend of modern comforts and convenience. Step into luxury as you enter the inviting living spaces adorned with sleek finishes & ample natural light. Boasting nine-foot ceilings on the main floor, the open-concept layout seamlessly connects the living room, dining area & kitchen, making it ideal for both entertaining guests and cozy family gatherings. The chef inspired kitchen is a masterpiece of design. Situated in a prime location, this townhome is central to amenities including Aldergrove rec center, High Street shopping district & cineplex. Enjoy easy access to schools, parks, and major transportation routes. Contact today to book your private showing! (id:48205)

4 Bedroom 4 Bathroom 1580
For sale
$870,000
14 2530 JANZEN STREET, abbotsford, British Columbia

14 2530 Janzen Street

Abbotsford, British Columbia

Welcome to a stylish 3-bedroom, 2.5-bathroom townhouse that seamlessly combines modern living with investment potential. This home boasts a contemporary design, spacious interiors, and a sleek kitchen. What sets it apart? A legal one-bedroom suite, providing not just additional living space but also generating a solid $1,100 in rental income. Whether you're seeking a comfortable residence or a savvy investment, this property offers the best of both worlds. Explore the possibilities and make this townhouse your ideal home with added financial perks! (id:48205)

4 Bedroom 4 Bathroom 1850
For sale
$869,999
2 30930 WESTRIDGE PLACE, abbotsford, British Columbia

2 30930 Westridge Place

Abbotsford, British Columbia

FORMER DISPLAY HOME - 4 PARKING (long drive way) - SIDE BY SIDE GARAGE. This bright 1,660 sq. ft. 3 bed + flex 2.5 bath home boasts 9' main floor ceilings, this home boasts open concept living, a spacious chef's kitchen, plenty of cabinets and counter space for the at home chef. Large dinning and living area with powder room on the main. Upstairs you'll find a spacious primary, large spa inspired ensuite and sizeable walk-in-closet. Laundry is easier with side by side w/d upstairs. Second and third bedroom easily fit a double bed with dresser. Club House offers pool, hot tub, bbq, out door lounge, great room for parties, billiards room, movie theatre, guest suite, gym and in door floor hockey arena! Book your appointment today! (id:48205)

3 Bedroom 3 Bathroom 1660
For sale
$868,000
18 2033 MCKENZIE ROAD, abbotsford, British Columbia

18 2033 Mckenzie Road

Abbotsford, British Columbia

Welcome to the MARQ! Corner unit provide extra lights and space. Built in 2021, this home offers four bedrooms and three bathrooms. Conveniently located near the University of the Fraser Valley and McCallum Junction, you'll find restaurants, gyms, and shopping nearby. The main floor, set in a beautifully landscaped backdrop, features a bright living room, spacious kitchen with modern amenities, and a restroom. The top floor consists of three bedrooms, including a master suite with ensuite and laundry. The lower level can serve as an additional bedroom or office. No age restrictions apply. Call your realtor for private showing (id:48205)

4 Bedroom 3 Bathroom 1677
For sale Open House
$859,900
51 33922 KING ROAD, abbotsford, British Columbia

51 33922 King Road

Abbotsford, British Columbia

Welcome to Kingsview Estates, a very highly desirable 55+ "GATED" Complex. This End Unit home is well maintained and is 2466 SQ/Ft and is perfectly located in the complex and boasts a walk-out Basement, which opens up to a beautiful, well manicured green space which makes for Quiet Enjoyment. Main floor Master bedroom is very spacious and the Unit has 2 more Bdrms + 3 Bthrms. Patio's and Balconies are all East facing, so lots of sunshine can be expected, which also brightens up all the living areas as well. Sit by the 2 Gas f/p's on those chilly days or bask in the sunshine on the patio or on the Green Space and when its too warm, turn on the A/C for relief. Extra parking spot in front of Unit & RV & Visitor Parking available as well as a Clubhouse for events. OPEN HOUSE SAT-MAY 4 1-3PM (id:48205)

3 Bedroom 3 Bathroom 2466
For sale
$859,000
154 3160 TOWNLINE ROAD, abbotsford, British Columbia

154 3160 Townline Road

Abbotsford, British Columbia

LOCATION LOCATION LOCATION!!!Very spacious Corner townhouse in west Abbotsford's most desirable area close to all level of schools, shopping complex. This one have 5 bed 3 full bath ,double garage, gas fireplace, sundeck with walkout basement with separate entrance.3 parking spots including double car garage. (id:48205)

5 Bedroom 3 Bathroom 1946
For sale Open House
$856,000
12 31445 UPPER MACLURE ROAD, abbotsford, British Columbia

12 31445 Upper Maclure Road

Abbotsford, British Columbia

Welcome to Pondersa Heights, where you'll find this charming end unit townhome boasting 3 bedrooms, 3 bathrooms, and 2,717 square feet of living space. The main floor offers an open-concept living area with two bedrooms and 2 full bathrooms, while upstairs you'll discover the third bedroom, another full bathroom, and a spacious common area with a cozy fireplace. The living room features high ceilings and an inviting fireplace, while the island kitchen provides ample storage with plenty of cabinets. Recent upgrades include central AC, new flooring, and carpet throughout the entire townhome. Enjoy the convenience of a double side-by-side for two vehicles. (id:48205)

3 Bedroom 3 Bathroom 2717
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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