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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
$937,500
2815 MAPLE STREET, abbotsford, British Columbia

2815 Maple Street

Abbotsford, British Columbia

This home has a lot of charm and character. Large kitchen that can accommodate an island with access to the back yard and garage. The loft is unique with a good size bedroom and an open area for an office or play area for the kids. Walk to downtown Abbotsford to enjoy a variety of boutique shopping and your choice of restaurants. Close to schools with easy access to hwy 11 and a great place to go for a walk. Or check with the City of Abbotsford for development of the site with Urban Infill. Priced below assessed value so don't miss your opportunity, book your private viewing today. (id:48205)

3 Bedroom 1 Bathroom 2160 sqft
For sale
$935,900
14 36099 MARSHALL ROAD, abbotsford, British Columbia

14 36099 Marshall Road

Abbotsford, British Columbia

This stunning 2,186 sq. ft., 3 level - 1/2 duplex/townhouse is perfectly situated in the Uplands, a private and well maintained 16 unit strata development surrounded by greenspace and panoramic mountain views; close to everything you love about East Abbotsford. Inside you'll fall in love with a brand new custom Kitchen with high-end appliances, huge island for entertaining, 9 FT ceilings, and wide open living space with light pouring in from three directions. The family room walks out onto a +/-300 sq. ft. covered patio, to be enjoyed year-round. 3 large BRs and 2 fully renovated baths upstairs, with BR #4 and Bath #3 downstairs, that works great as a guest suite or perfect for an older child or parent. Double garage, new furnace and HW tank, and central AC! Move in, and enjoy! (id:48205)

4 Bedroom 3 Bathroom 2186
For sale
$925,000
35 30857 SANDPIPER DRIVE, abbotsford, British Columbia

35 30857 Sandpiper Drive

Abbotsford, British Columbia

**BEST LOCATION** IN WEST Abbotsford SUPER CLEAN 2136sq.ft. of finished area, 4 bedrooms PLUS 3 Bath( COULD BE 4 BATH ) with FAMILY and LIVINGS areas with DOUBLE CAR GARAGE and NEW KITICHEN. 3 level townhome situated in private park like setting. backs onto green space. great for families as schools are within walking distance. Great location with easy freeway access and near High Street mall. Quiet complex **ONLY 6 UNIT** (id:48205)

4 Bedroom 4 Bathroom 2136 sqft
For sale
$917,500
10 34121 GEORGE FERGUSON WAY, abbotsford, British Columbia

10 34121 George Ferguson Way

Abbotsford, British Columbia

Welcome to your new family home in East Abbotsford! This newer 4 bedroom and 4 bathroom DETACHED townhouse boasts modern finishings throughout and is in pristine condition. The basement bedroom and bathroom are perfect for extended family or a homestay student, providing privacy and convenience. Enjoy an open concept living area, ideal for entertaining, with gas hookups for your BBQ on the deck and central air conditioning for year-round comfort. Only steps away from iconic downtown Abbotsford, this location can't be beat. Enjoy the spacious side-by-side double garage for parking and storage. Plus, the electrical panel is roughed-in for solar power, ready for your eco-friendly upgrades. Reach out to schedule your private viewing today! (id:48205)

4 Bedroom 4 Bathroom 1735 sqft
For sale
$899,999
2 31517 SPUR AVENUE, abbotsford, British Columbia

2 31517 Spur Avenue

Abbotsford, British Columbia

Extremely Rare detached townhouse in West Abbotsford! With over 3000 sqft living space. 4 bedroom & 3 full bathrooms. Private gated community with a large 2 car garage and ample visitor parking. This home is an absolute MUST SEE! Open House 2-4pm on June 8 & 9. Offer presentation June 10 @ 5:00pm. (id:48205)

4 Bedroom 3 Bathroom 3005 sqft
For sale
$899,900
8 36169 LOWER SUMAS MOUNTAIN ROAD, abbotsford, British Columbia

8 36169 Lower Sumas Mountain Road

Abbotsford, British Columbia

Welcome home to unparalleled comfort and convenience. This detached townhome nestled in highly sought after Abbotsford location. Enjoy the best of both worlds: the affordability of a townhome coupled with the space and freedom of a detached house. Inside you will find an inviting and open main floor, 3 oversized bedrooms upstairs and a large rec room below. Upgrades include, central AC and new paint throughout the entire home. Step outside to discover a fully fenced backyard, offering privacy and serenity as it backs onto a forest. With highway access, grocery stores, restaurants, and all essential amenities just a stone's throw away, convenience is at your fingertips. Come take a look today! (id:48205)

3 Bedroom 4 Bathroom 2127 sqft
For sale
$899,900
64 4001 OLD CLAYBURN ROAD, abbotsford, British Columbia

64 4001 Old Clayburn Road

Abbotsford, British Columbia

Welcome to your new home in Cedar Springs! This spacious townhome offers over 3,000S/F of space and boasts updates such as a brand new furnace, new flooring and paint, updated kitchen and bathroom, and a newer hot water tank. Relax on either of your two private patios that overlook greenspace this summer and cozy up by a fireplace in the winter. Enjoy and entertain guests at the amazing clubhouse that features an indoor pool, hot tub, gym, meeting area, and a large outdoor deck with seating that overlooks the pond and water feature. Homes in here don't last long, call today for your personal showing! (id:48205)

3 Bedroom 3 Bathroom 3047 sqft
For sale
$899,900
2839 WOODLAND STREET, abbotsford, British Columbia

2839 Woodland Street

Abbotsford, British Columbia

Location, location, location! Amazing opportunity for first time buyers or active retirees. Charming one level 3-bedroom rancher situated on a quiet street. Fenced yard provides a secure space for kids & pets to play. This home is within walking distance of all levels of schools, shopping, dining & great recreational facilities. Check out the little park just down the street! Lots of room for vehicles & a single car enclosed garage with workbench. The location offers easy access to Hwy #1 & Hwy #11. Great alternative to strata living without all the rules & restrictions. This property is in a re-emerging area of Central-East Abbotsford and is zoned RS3-i (OCP: urban 3 infill) which makes this either a perfect buy or hold investment property. Drive down Woodland Street & you'll fall in love (id:48205)

3 Bedroom 1 Bathroom 1016 sqft
For sale
$899,900
2816 CLEARBROOK ROAD, abbotsford, British Columbia

2816 Clearbrook Road

Abbotsford, British Columbia

Prime investment opportunity! Fully renovated 3-bed 2-bath, best priced single-family home in West Abbotsford. Designated by the city for Urban 1- Midrise Potential allowing for future condo development, making this a great holding property as you plan for development! This home inside offers ample space to live in, and sufficient storage with a crawl space beneath. Close to Shopping, Rec Centre, Schools & Restaurants. Don't miss out on this incredible opportunity with endless potential! (id:48205)

3 Bedroom 2 Bathroom 1910 sqft
For sale
$899,900
5 30748 CARDINAL AVENUE, abbotsford, British Columbia

5 30748 Cardinal Avenue

Abbotsford, British Columbia

SIMPLY ELEGANT! 3 levels,5 bdrm,31/2 baths- Several luxurious features: open concept, 9' ceilings, extensive built-in lighting, Jacuzzi tub, skylight, 2 cozy fireplaces, 2 set laundries. Entertaining sized living & dining rm accommodates large family gathering. Gorgeous kitchen w/stainless steel appl., large island, wood veneer cabinets, granite counter tops. 4 bdrm on upper level. Primary bdrm w/ensuite provides a soothing area of special conveniences and comfort at days end. The 2nd Primary bdrm on lower level w/ 4 piece ensuite. Generous side by side double garage plus parking pad in front .Walk to Highstreet Mall- Open-air shopping center w/diverse retail stores & services, Walmart, movie theatre... Near Blue Jay Elem. Eugene Reimer school. CALL TO VIEW! (id:48205)

5 Bedroom 3 Bathroom 2495 sqft
For sale
$899,900
2580 JANZEN STREET, abbotsford, British Columbia

2580 Janzen Street

Abbotsford, British Columbia

Almost Brand New 4 Bedrooms & 3.5 bathrooms Row home just steps away from Ten Broeck Elementary School and a host of amenities. Enjoy the convenience of NO STRATA FEES or GST. The open layout on the main floor encompasses a living room, kitchen, and dining area, while upstairs boasts three generous bedrooms and two bathrooms. Downstairs, there's an additional living room, bedroom, and full bathroom - perfect for accommodating guests. Contact us to schedule your private viewing. (id:48205)

4 Bedroom 4 Bathroom 2149
For sale Open House
$899,000
3256 JERVIS CRESCENT, abbotsford, British Columbia

3256 Jervis Crescent

Abbotsford, British Columbia

This well maintained home is located in a nice neighbourhood in West Abbotsford. The home features 4 bed rooms and 2 full wash rooms, vaulted ceilings, gas fireplace (new). Some of the Updates are: Newer windows, Hot water tank 2020, new Dish Washer and Cloth Washer, new Deck, new paint, new Kitchen Cabinets, plumbing pipes updated in 2020. It has newer fenced backyard and new gutters. Close to multiple schools and rec centre. Easy freeway access. Better than a town house. OPEN HOUSE 12:15 TO 3 :00PM ON SUNDAY THE 23RD Offers presentation Tuesday @5pm (id:48205)

4 Bedroom 2 Bathroom 1411 sqft
For sale
$899,000
3 3270 BLUE JAY STREET, abbotsford, British Columbia

3 3270 Blue Jay Street

Abbotsford, British Columbia

Welcome to your private hidden gem in a secure well-established townhouse community. Flower beds, shrubs and a lovely private sitting area adorn the yard. A very rare find for any complex unit. Features: high ceilings throughout, A/C, a large master bedroom and visitor parking in front of the unit with fresh paved asphalt. Includes professionally finished kitchen cabinets and spacious deck off the kitchen for BBQ. Lower basement is fully finished with a large living room, gas fireplace, private sitting room, large storage area and opens to a spacious new deck complete with gas hook up surrounded by gardens and foliage. Heat pump, furnace and hot water tank are maintained regularly. Great location close to Church, Temple, HighStreet Mall, Gas Station, Restaurants and freeway. A must see! (id:48205)

3 Bedroom 3 Bathroom 2292 sqft
For sale
$899,000
2371 WESTERLY STREET, abbotsford, British Columbia

2371 Westerly Street

Abbotsford, British Columbia

Beautifully renovated half duplex conveniently located near an elementary school and parks. Upstairs features 2 bedrooms, a spacious living room, and a new kitchen. The full basement boasts a separate entrance, 2 bedrooms, a recreational room, and updated bathrooms. With easy freeway access, this home offers double carport parking plus additional parking space. The fully fenced backyard includes a shed, perfect for family gatherings. Enjoy affordable living with no strata fees in this updated, welcoming space, offering comfort and convenience for families. (id:48205)

4 Bedroom 2 Bathroom 1880 sqft
For sale
$899,000
34622 7TH AVENUE, abbotsford, British Columbia

34622 7th Avenue

Abbotsford, British Columbia

No-strata! This is a single detached HOUSE in a quiet family oriented cul-de-sac in charming Huntingdon Village. Bright, open layout with 9' ceilings, 3 skylights, modern kitchen with gas cooktop. Huge living & family room with cozy gas fireplace. Bonus: Air-Conditioning! Spacious 3 bedrooms upstairs, loads of storage with extra 4' crawl space (825sf) for all your storage needs. Fully fenced yard, single GARAGE and extra parking with back lane access. 2 covered deck!(front and back). NEW hot-water tank. Convenient location! Easy access to Hwy-1, US border, shopping, Costco, recreation, restaurants, regional hospital. Perfect family home! (id:48205)

3 Bedroom 3 Bathroom 1681 sqft
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
$898,800
10 3348 MT. LEHMAN ROAD, abbotsford, British Columbia

10 3348 Mt. Lehman Road

Abbotsford, British Columbia

A RARE, DETACHED, WHEELCHAIR-ACCESSIBLE RANCHER in gated community, 55+ Eden Court. Walking distance to High Street and transit, beautifully maintained, 2 bedrooms, 2 bathrooms, insulated & heated solarium, quiet corner lot, gorgeous gardens, chainlink fence for pets, sunny yard / patio, new roof in 2022, all equipment well maintained, just move in and enjoy, spacious 10' ceilings in entrance; hardwood floors, A/C / high efficiency heat pump. crown mouldings, custom cabinets; sun tunnel, floor to ceiling built-in oak bookshelves and desk, large primary bedroom, w/in closet and ensuite; quartz counter tops, under counter lighting, double garage & full size driveway, home extensively upgraded in 2011, heated crawl space, b/in vac., small friendly strata. (id:48205)

2 Bedroom 2 Bathroom 1792 sqft
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. Schools! Prince Charles, Auguston, ACS, Clayburn Middle, Robert Bateman. 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. (id:48205)

3 Bedroom 3 Bathroom 2014 sqft
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
36 33460 LYNN AVENUE, abbotsford, British Columbia

36 33460 Lynn Avenue

Abbotsford, British Columbia

Beautiful end unit townhome, one of the largest in the complex with a double garage located in the sought-after Aston Row! Large open concept layout with 9' ceilings & elegant crown moulding throughout. The chef's kitchen is a highlight with walk-in pantry, gas range, & high end appliances. Upstairs features 2 spacious primary suites with large W/I closets. The main suite offers 4 piece soaker tub & stunning glass shower. The bsmnt includes a recrm, storage & 2 bdrms, one with ensuite. Sliders lead to covered deck & fully fenced, private backyard w/gas BBQ hookup & pet-friendly astroturf. Live in perfect peace & quite here because of the concrete wall separating units. Central location just minutes away from shopping, dining, Abby Centre, UFV! Don't wait; book your private tour today! (id:48205)

3 Bedroom 4 Bathroom 2394 sqft
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 sqft
For sale
$889,000
12 33460 LYNN AVENUE, abbotsford, British Columbia

12 33460 Lynn Avenue

Abbotsford, British Columbia

Welcome to Aston Row in Central Abbotsford! At nearly 1800 sq ft your new home is an end unit providing lots of windows to let in maximum amounts of sunlight. Built in 2015 by the reputable Algra Brothers, you can take comfort in knowing you are moving into quality. You will love the bright and open floor plan with bedrooms upstairs and on the ground floor, and all your living on the main floor. Right off your kitchen, you have a beautiful south-facing patio, ideal for BBQing and entertainging. Your new home is equipped with AC for those hot summer days, a single car garage with an extra assigned parking spot, and tons of room for visitor parking out front. Conveniently located close to UFV, ARH, HWY 1, and all the amenities at McCallum Junction. Don't delay, call to book your viewing! (id:48205)

3 Bedroom 3 Bathroom 1783 sqft
For sale
$888,888
20 1950 SALTON ROAD, abbotsford, British Columbia

20 1950 Salton Road

Abbotsford, British Columbia

OPEN HOUSE SUN JUNE 16 2 PM -4 PM. 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 sqft
For sale
$885,000
1 31445 RIDGEVIEW DRIVE, abbotsford, British Columbia

1 31445 Ridgeview Drive

Abbotsford, British Columbia

Truly EXQUISITE! Very rare, Executive DETACHED 3 bed/3bath townhome, 55+ RANCHER w/walkout bsmt. EVERYTHING has been done, nothing to do but move-in & enjoy! STUNNING mtn. views, & gas BBQ hookups on the balcony & lower patio. Vaulted ceilings, BI-Vac, gleaming HW floors, freshly-painted exterior & all brand-new plumbing (NO Poly-B!). Newer: Roof, Furnace, Cent. AC, HW tank, & appliances. Master has WI closet & spa-like Ensuite w/WI shower & jacuzzi soaker tub. Wet bar, huge recrm, bedrm & flex rm down. Dbl garage + full-sized driveway to park 4 cars. Home is wired for an alarm, has a digital control system, & has sep. 30-amp service in garage for EV/RV charging if needed! Awesome clubhouse & gorgeous grounds w/a lake & fountains. **OPEN HOUSE Saturday, June 22, 1-3pm!!** (id:48205)

3 Bedroom 3 Bathroom 3605 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