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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
$629,000
901 31955 OLD YALE ROAD, abbotsford, British Columbia

901 31955 Old Yale Road

Abbotsford, British Columbia

Picture yourself in this one of a kind penthouse suite. Custom gourmet kitchen, hardwood floors, beautiful fireplace, wine room, master bedroom on main floor. Enjoy time outside in your spectacular private outdoor living space while taking in breathtaking views of Mount Baker. This massive sundeck is partly covered for year round pleasure. Two levels, no problem since this unit has a chair lift. This vibrant 55+ building is sought after for its community feel. Amenities include, saltwater indoor pool & hot tub, party room, games room, workshop, RV parking, plus 2 parking spaces, storage and a guestroom at a very reasonable nightly rate. This is the one you've been waiting for; don' t miss out! (id:48205)

3 Bedroom 3 Bathroom 1699 sqft
For sale
$625,000
513 32838 VENTURA AVENUE, abbotsford, British Columbia

513 32838 Ventura Avenue

Abbotsford, British Columbia

Rarely available - Spacious 2 Bedroom 2 Bathroom + large DEN that can be used as a third room. Corner unit offering one of the most desirable floor plans in the building. Bright, open concept, end unit, with tons of natural light & a large balcony w/ gas hookup. Offering it all - spacious foyer, AIR CONDITIONING, 9' ceilings, grand kitchen with huge island, plenty of cabinetry, pantry & gas cooking. Huge master bedroom with walk-in closet, Ensuite bathroom with double vanity sinks. Impeccably maintained home & strata. Developer upgrades: vinyl flooring throughout the entire unit, washer/dryer, built-in A/C, Quartz countertops throughout. Amenities: Fitness Studio, Bike room, dog washing station, party room w/ full kitchen, garden & covered gathering area with a BBQ & fire pit area + visitor parking. Incredible location in the heart of Central Abbotsford steps to malls, parks, shops, banks, schools, hospital & transit. 2 side-by-side large Parking Stalls, 1 large Storage Locker. Book your private showing today (id:48205)

2 Bedroom 2 Bathroom 1028 sqft
For sale
$619,900
73 3087 IMMEL STREET, abbotsford, British Columbia

73 3087 Immel Street

Abbotsford, British Columbia

Clayburn Estates End Unit! Affordable, Popular & Pet Friendly In a sought after East Abbotsford neighborhood! Super close to great schools, parks, restaurants & shopping w/ recent EXTERIOR UPGRADES for a Peace of Mind Purchase with NEW Roof, Windows and Sliding Doors. This "Well Maintained" 3 bed/ 2.5 bath is waiting for you. The 3 bedrooms upstairs are amply sized and the Primary includes 3 piece ensuite and walk in closet. The Main floor includes Open kitchen, eating area (which leads to a large wood patio and yard space), Dining area and a living room with a gas fireplace, and a 2 piece powder room. 3 parking places (1 covered) with the extra spot right beside the unit! 2 cats and 2 dogs allowed. Families and Investors welcome, don't miss this great opportunity! Call today. (id:48205)

3 Bedroom 3 Bathroom 1647
For sale
$619,900
503 32838 LANDEAU PLACE, abbotsford, British Columbia

503 32838 Landeau Place

Abbotsford, British Columbia

This bright, spacious, mountain view home with 2bed 2bath+den that is large enough to function as a 3RD BEDROOM. Room for king sized beds, 1 room with walk-in-closet, other bedroom has large closet. Modern kitchen is equipped with high end appliances, including Fisher & Paykel fridge. Rare walk-in laundry room with stackable washer & dryer. The Court is the definition of convenience & comfort: a quiet peaceful location with Seven Oaks Mall, Superstore, The Bay, restaurants, recreation, & other necessities steps away. The Court also boasts a large relaxing courtyard w/ a screen for movie projection. Comes with 2 side-by-side, full sized parking spaces and an enclosed storage room. Multiple shared EV chargers & bike room in the parkade for residents. Private viewings available. (id:48205)

2 Bedroom 2 Bathroom 998 sqft
For sale
$618,000
515 32838 LANDEAU PLACE, abbotsford, British Columbia

515 32838 Landeau Place

Abbotsford, British Columbia

Bright & modern 2 bed 2 bath Condo, in newer building w/ prime location. Open concept kitchen has stainless steel appliances & island breakfast bar. Bright sunny living room & 2 large balconies w/mountain view. Primary bedroom has ensuite with his & hers vanity & walk in closet. Bonus Ensuite Laundry, Storage locker & parking. Steps from Superstore, transit, Mill Lake park & major amenities. Low Strata, pets allowed & easy hwy access make this an excellent investment. (id:48205)

2 Bedroom 2 Bathroom 975 sqft
For sale
$615,000
313 2120 GLADWIN ROAD, abbotsford, British Columbia

313 2120 Gladwin Road

Abbotsford, British Columbia

Welcome to Onyx at Mahogany in the heart of Central Abbotsford! This gorgeous & bright third floor home offers almost 1,000 square feet, 10 ft high ceilings, and a perfectly laid out floorplan with a deluxe gourmet kitchen, 2 bedrooms PLUS a DEN and 2 exquisite bathrooms (Check out the ensuite with a separate makeup vanity and heated floors!). This luxurious unit has A/C, beautiful quartz countertops, stainless steel appliances, a gas range stove, A/C, large South facing windows and a covered deck to enjoy at the end of the day. Are you working from home? You can walk around Mill Lake on your lunch break! Also within walking distance are Sevenoaks Mall, and other restaurants and shops. Two parking + a storage locker are included. Homes like this one are rarely available. (id:48205)

2 Bedroom 2 Bathroom 924
For sale Open House
$599,700
401 33065 MILL LAKE ROAD, abbotsford, British Columbia

401 33065 Mill Lake Road

Abbotsford, British Columbia

RARE Unit with WORKSHOP, STORAGE and Swimming Pool! Beautifully RENOVATED 2 BED, 2 BATH; OVER 1,200 SF unit boasting MODERN FLOORING and SPA Like Bathrooms, including an ensuite with a show-stopping shower. Each detail from the Updated Light Fixtures, to the S/S APPLIANCES, elevates your living experience. FRESHLY PAINTED & MOVE IN READY. Nestled in the heart of Abbotsford, you're just STEPS from the serene MILL LAKE, the bustling Seven Oaks Mall and vibrant dining scenes. Enjoy the endless amenities of INDOOR POOL, GYM, SAUNA/STEAM room and more! This isn't just a home; it's your gateway to a lifestyle where convenience meets elegance. Open House Sat 2-4 PM. (id:48205)

2 Bedroom 2 Bathroom 1235
For sale Open House
$599,000
412 1516 MCCALLUM ROAD, abbotsford, British Columbia

412 1516 Mccallum Road

Abbotsford, British Columbia

Welcome to CINEMA District. Great opportunity to own this efficiently designed great room open plan unit, like new, high ceiling 2 bdrm, 2 full bath, huge walk-in closet, in-suite laundry, 2 car parking and locker storage are close to the elevators and yet quiet for easy access. This END UNIT is facing SOUTHWEST EXPOSURE with views of mountains and trees, upgraded FISHER PAYKEL appliances, kitchen QUARTZ COUNTERTOPS including the island is one of the best in a family oriented no age restrictions close knit community building. Close to schools, public transpo, major groceries, professional offices, sports complex, Abbotsford int'l airport, Mill Lake park, Daycare in the complex. Easy access to Hwy 1 is a plus. Early possession is available. YES, IT'S EASY TO SHOW ANYTIME WITH 1 HOUR NOTICE. (id:48205)

2 Bedroom 2 Bathroom 898
For sale
$599,000
27 31406 UPPER MACLURE ROAD, abbotsford, British Columbia

27 31406 Upper Maclure Road

Abbotsford, British Columbia

This is the gated community of Ellwood Estates in West Abbotsford. #27 is a bright 2 bedroom 2 bathroom townhome, 1430 square feet spread over one single floor. The plan is open and the rooms well spaced and generous in size. The large 3 butt kitchen and family room have direct acces to the South facing patio while the living and primary bedroom have direct access to the North patio. Designated laundry room and storage, hot water on demand too. Single car private garage included with additional parking available. This a well cared for home in a friendly conveinient community. (id:48205)

2 Bedroom 2 Bathroom 1430
For sale
$598,000
202 31158 WESTRIDGE PLACE, abbotsford, British Columbia

202 31158 Westridge Place

Abbotsford, British Columbia

Welcome to Elmstone by Polygon in West Abbotsford! This 2nd floor 2 Bedroom & 2 Bathroom unit boasts over 936 Sq ft and features a functional & open floor plan throughout. Beautiful gourmet kitchen with custom cabinetry, stainless steel appliances, large island for entertaining and direct view to your spacious balcony . This unit also boast high ceilings, bedrooms on opposite sides of the unit , large Master Bedroom with walk in closet & ensuite bathroom with porcelain tile flooring and dual vanity sinks. Turn key living and move in ready today. 2 UG Parking and 1 Storage locker . Enjoy the Community of Westerleigh with access to Club West - a 9000 sqft residents only club house with amazing amenities including a top of the line gym, outdoor pool and hot tub. Live the good life! (id:48205)

2 Bedroom 2 Bathroom 936
For sale
$595,900
13 32870 BEVAN WAY, abbotsford, British Columbia

13 32870 Bevan Way

Abbotsford, British Columbia

AVAILABLE - Spacious 3-bed, 2-bath townhome with potential 4th bedroom. Abundant natural light, vaulted ceilings with wood beams. Updated bathrooms and kitchen. Large, low maintenance, private, walk-out, main floor, fully fenced backyard. Across from Mill Lake Park with loads of outdoor activities and children's parks. Easy transit access and commuter routes, making daily life convenient. Embrace the space, relaxed living in a tranquil, well-connected townhome. Move in ready for you to enjoy! (id:48205)

3 Bedroom 2 Bathroom 1585 sqft
For sale
$595,000
404 32330 SOUTH FRASER WAY, abbotsford, British Columbia

404 32330 South Fraser Way

Abbotsford, British Columbia

Welcome to Town Center Tower! This stunning 2 Bed + 2 Bath 4th floor unit offers 1250 + Sq Ft of living space and boasts floor-to-ceiling windows ensuring an abundance of natural light throughout. With only four units per floor each one enjoys coveted corner positioning for enhanced privacy. Step into a tiled foyer opening into an expansive open-concept living space. Generously sized dining & living area with a natural gas fireplace. The sleek modern kitchen is designed for both style and functionality and maximizing countertop space. The master bedroom is flooded with natural light, features his and hers closets, ensuite, and private patio. Generously sized second bedroom with large closet. Situated in a concrete high-rise building & enjoy the convenience of central Abbotsford living here (id:48205)

2 Bedroom 2 Bathroom 1255
For sale
$589,000
306 2649 JAMES STREET, abbotsford, British Columbia

306 2649 James Street

Abbotsford, British Columbia

Welcome to The TERRAZZO! This Stunning Like New Condo is a 2 Bed/2 Bath Plus Den & Large SOLARIUM! Located in the heart of Abbotsford close to everything and this beautiful Unit is situated on the Quiet Side of the building. Featuring a Spacious Open Concept living space with custom Automated Blinds. The kitchen has Stainless Steel Samsung appliances plus a Gas Range and Quartz countertops. The Gorgeous Solarium is an incredible Bonus and extra living space with Retractable Glass Panels so can be used Year Round! Natural Gas BBQ Outlet conveniently in a separate space. Walking distance to Shopping, Transit & Recreation, plus close Hwy 1 access. This one is a must see! Call today for a private viewing! (id:48205)

2 Bedroom 2 Bathroom 1066
For sale Open House
$579,900
58 34959 OLD CLAYBURN ROAD, abbotsford, British Columbia

58 34959 Old Clayburn Road

Abbotsford, British Columbia

Welcome to Crown Point Villas! A well run 55+ complex in East Abbotsford. This rancher style home features 2 bedrooms, 2 bathrooms and is over 1,600sqft! Great floor plan with a spacious living room, a cozy fireplace, & adjoining dining room for gatherings. Great sized kitchen that has lots of cupboard and counter space and a bright eating area. Large primary bedroom with a fire place, walk in closet, and a 3pc ensuite with a soaker tub! Patio backs onto a vast lawn space. Mud room leading out to a covered carport that has a storage room. 2 year old HW tank. Amenities include large Clubhouse with workshop, craft room, pool table, library, & RV parking. Great location close to all amenities and easy freeway access! Book your private tour today! (id:48205)

2 Bedroom 2 Bathroom 1629
For sale
$574,900
604 32838 VENTURA AVENUE, abbotsford, British Columbia

604 32838 Ventura Avenue

Abbotsford, British Columbia

Welcome to Ventura! A fantastic nearly new 2-bedroom, 2-bath modern haven that exudes warmth and impeccable maintenance and on the top floor! With 9' ceilings and an open concept design, it maximizes natural light for an inviting atmosphere. Positioned in a prime location, this property isn't just a home; it's a lifestyle. Clean, pet-friendly, and offering a dedicated dog wash station, this unit combines convenience and style. Enjoy a well-equipped gym and a storage locker for added perks. Seize the chance to make this yours! Call your realtor for a viewing and embrace the best of Abbotsford living! (id:48205)

2 Bedroom 2 Bathroom 865
For sale
$569,000
19 2081 WINFIELD DRIVE, abbotsford, British Columbia

19 2081 Winfield Drive

Abbotsford, British Columbia

Quiet 2 bedroom 2 bath rancher style townhouse. Well managed complex, southwest facing yard, and valley view for appreciating sunny days. The 18 x 12' covered patio is usable year round. Attached garage is 19'6 x 11'. Cozy up to your natural gas fireplace in your spacious living room with floor to ceiling bay windows, overlooking your private garden. The primary bedroom has cross hall closets on the way to the ensuite bath. The home features a newer radiant hot water heating system, fridge, stove, washer, dryer, and windows. The oak cabinets have plenty of built in storage. The clubhouse has a library, gym, sauna plus a guest suite that may be rented. RV parking as well. Wheelchair accessible. These Van Maren Construction built townhomes sell quickly. (id:48205)

2 Bedroom 2 Bathroom 1015
For sale
$560,000
211 2120 GLADWIN ROAD, abbotsford, British Columbia

211 2120 Gladwin Road

Abbotsford, British Columbia

Welcome to 'Onyx At Mahogany'. This well-appointed and well-taken-care home offers 2 bedrooms and den with a walk-in closet, 2 baths, and high ceilings. Enjoy modern amenities like stainless steel appliances, Roughed in A/C, gas stove, and quartz countertops. Conveniently located near the trendy Seven Oaks Shopping Centre, Abbotsford Hospital, and restaurants. Minutes to Mill Lake Park for outdoor enthusiasts! 2.3 km long paved path, an outdoor pool, a water park, three separate playgrounds, birds to watch, several picnic areas, and rest stops with plenty of benches to rest and enjoy the views! Whether you're an investor or a homeowner, this is a fantastic opportunity. (id:48205)

2 Bedroom 2 Bathroom 893 sqft
For sale Open House
$559,999
205 2242 WHATCOM ROAD, abbotsford, British Columbia

205 2242 Whatcom Road

Abbotsford, British Columbia

Welcome to the Waterleaf. An exceptional contemporary residence with natural light capturing sweeping views of Sumas Prairie & Mt. Baker. Upscale finishing with granite counter tops, custom organizers, flooring, S/S appliances & AC. Amenities include a hot tub, heated pool, and a gym. Convenient location that is a walking distance to various leisure activities, restaurants, and more. Easy access to Highway 1 and minutes away from Mountain Elementary. Don't miss out! **OPEN HOUSE SAT MARCH 30TH & SUN MARCH 31ST FROM 2-4PM** (id:48205)

2 Bedroom 2 Bathroom 885
For sale
$559,900
404 33255 OLD YALE ROAD, abbotsford, British Columbia

404 33255 Old Yale Road

Abbotsford, British Columbia

Welcome to the Brixton! Come check out unit 404 on the Top Floor and featuring two bedrooms, two full bathrooms, vaulted living room ceiling and welcomes one dog under 18" height and a cat. Fantastic Central Abbotsford location! Several amenities are within short walking distance including Sevenoaks Mall, Westoaks Mall, restaurants, groceries, popular Mill Lake, Historic Downtown Abbotsford and much more. You will appreciate this bright home with insuite laundry, electric fireplace, granite kitchen counters and reasonable strata fee. Comes with one underground parking stall and private locker. This one is vacant and ready for you to move-in! Open House Sun Mar 10th (11am-1pm) (id:48205)

2 Bedroom 2 Bathroom 942
For sale Open House
$559,700
508 33820 SOUTH FRASER WAY, abbotsford, British Columbia

508 33820 South Fraser Way

Abbotsford, British Columbia

Welcome to Montvue Living! Enjoy all the elements of modern living while still experiencing a traditional feel in your spacious home nestled in Historic Downtown Abbotsford. Montvue is located within walking distance of locally owned shops, boutiques, restaurants, cafes, and service providers. As one of Abbotsford's oldest communities, the Historic Downtown core provides the perfect atmosphere for families, downsizers, and young couples who are looking to enjoy life to the fullest! Estimated completion date is 2026 and rentals are allowed. Presentation Centre is located at #400 - 2060 McCallum Rd, Abbotsford. (id:48205)

2 Bedroom 1 Bathroom 761
For sale Open House
$559,700
407 33820 SOUTH FRASER WAY, abbotsford, British Columbia

407 33820 South Fraser Way

Abbotsford, British Columbia

Welcome to Montvue Living! Enjoy all the elements of modern living while still experiencing a traditional feel in your spacious home nestled in Historic Downtown Abbotsford. Montvue is located within walking distance of locally owned shops, boutiques, restaurants, cafes, and service providers. As one of Abbotsford's oldest communities, the Historic Downtown core provides the perfect atmosphere for families, downsizers, and young couples who are looking to enjoy life to the fullest! Estimated completion date is 2026 and rentals are allowed. Presentation Centre is located at #400 - 2060 McCallum Rd, Abbotsford. (id:48205)

2 Bedroom 2 Bathroom 837
For sale
$555,000
210 33546 HOLLAND AVENUE, abbotsford, British Columbia

210 33546 Holland Avenue

Abbotsford, British Columbia

Well maintained unit at the desirable Tempo located in Central Abbotsford. This open concept layout offers 2 bedrooms plus a den & 2 bathrooms. Large, bright & clean 939 sq. ft. living space with lots of windows for natural light, secure underground parking, storage locker & a large balcony. Complex is family, pet and rental friendly, has an onsite caretaker. Great location close to Cabelas, UFV, Hospital, Browns Social House, shopping, all levels of schools & easy freeway access. (id:48205)

2 Bedroom 2 Bathroom 929
For sale Open House
$549,999
510 3090 GLADWIN ROAD, abbotsford, British Columbia

510 3090 Gladwin Road

Abbotsford, British Columbia

Live in the heart of Abbotsford at Hudson's Loft. This sleek 2-level (632 sqft) 1-bedroom and DEN, apartment at 3090 Gladwin Road has modern styling with a welcoming charm. The open layout seamlessly blends living, and dining, accompanied by a great kitchen and private sleeping and main bathroom on the upper floor. This super clean unit has two patios, including a spectacular Roof Top Patio on the quiet side. Centrally located in Abbotsford, this PET FRIENDLY apartment offers proximity to beautiful parks, retail and grocery shopping. Designed for a lifestyle that minimizes reliance on a vehicle, essential amenities and entertainment options are within easy walking distance. (Parking Stall is included) Hudson's Loft has a perfect blend of style and urban living. Welcome home! (id:48205)

1 Bedroom 2 Bathroom 632 sqft
For sale
$549,900
317 33175 OLD YALE ROAD, abbotsford, British Columbia

317 33175 Old Yale Road

Abbotsford, British Columbia

HUGE 1235 SQFT, TOP FLOOR CORNER UNIT! Bright and spacious with many quality updates including german, wide-plank laminate flooring, quartz countertops in the kitchen/bathrooms, and built-in shelving in the master closet. Professionally painted throughout. In-suite laundry, generous pantry. Storage locker on the same floor. Huge wrap-around deck with access from the primary bedroom and the living room. A view of the mountains to the north. Central location, close to amenities. Strata includes both gas and hot water. Call today! (id:48205)

2 Bedroom 2 Bathroom 1235
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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