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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
$879,900
25 31235 UPPER MACLURE ROAD, abbotsford, British Columbia

25 31235 Upper Maclure Road

Abbotsford, British Columbia

Klazina Estates is family oriented complex, well maintained unit with 2 stories and a huge basement area for family needs. Almost 2000 sqft of living space, having 3 bedrooms and 4 bathrooms. Entering to a spacious foyer, leading to your gourmet kitchen, with great counter space and storage, and a dishwasher along with a double sink. Huge living room has a great amount of space to fit your furniture. Powder room on the main floor and also dining area. There is a concrete patio in the backyard which is fenced and can fit a good size trampoline. Close to all amenities and is walking distance to Eugene Reimer Middle and Rick Hansen Secondary Schools. Pets & rentals allowed. Contact to schedule the showing or more details. (id:48205)

3 Bedroom 4 Bathroom 1993 sqft
For sale
$879,900
2734 SANDON DRIVE, abbotsford, British Columbia

2734 Sandon Drive

Abbotsford, British Columbia

Introducing a fantastic 3-bedroom rancher bungalow in the heart of East Abbotsford on 5200 sqft Lot, nestled on Sandon Drive. This charming 1/2 duplex offers a comfortable and spacious living environment, perfect for those seeking the ideal blend of style and functionality. Three generously sized bedrooms. HUGE covered Patio. New windows and siding. Newer kitchen cabinets, paint and laminate floors. Updated bathrooms. With its prime location, this property provides easy access to all the amenities and conveniences East Abbotsford has to offer. Step inside to discover a thoughtfully designed layout, boasting a bright and welcoming ambiance. Call today to book your private showing! (id:48205)

3 Bedroom 2 Bathroom 1525 sqft
For sale
$879,000
30 2525 YALE COURT, abbotsford, British Columbia

30 2525 Yale Court

Abbotsford, British Columbia

"YALE COURT" Rarely do these large ranchers with a walk out basement come available. Gorgeous open layout on main floor with kitchen, dining and living rooms, an end townhome with lots of windows, 9 foot ceilings with crown moldings, large island, stainless steel appliances, granite counter tops, unique 3 way gas fireplace, master bedroom on the main floor, 2nd bedroom, laundry. Downstairs has 3rd and 4th bedrooms, huge rec room and big separate family room, flex room and lots of storage. AC. Double garage. Sundeck and patio overlooks beautiful landscaping and treed privacy. Prime location, walk to Abbotsford Rec Center, Yale School, Restaurants, MacMillan Plaza. One of the nicest complex's in East Abbotsford. (id:48205)

4 Bedroom 3 Bathroom 2700 sqft
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 sqft
For sale
$874,900
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 sqft
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 sqft
For sale
$869,900
23 34825 DELAIR ROAD, abbotsford, British Columbia

23 34825 Delair Road

Abbotsford, British Columbia

INTRODUCING Unparalleled LUXURY Living in this 3 storey Exquisite 4bed, 4bath Corner End unit w/Double garage! This one of a kind Unit is a MUST SEE! Soaring 9ft ceilings w/ abundant windows and meticulously crafted finishes throughout create sophisticated comfort. Culinary masterpiece kitchen, featuring grand island and top-of-line appliances. Private walk-out patio oasis off kitchen w/yard, nestled right beside park. Versatile 4th bed on lower floor w/ full bth, for guests, office, or man cave. Lavish upgrades adorn every corner of this unique unit w/ New flooring, lighting, custom shelving, and closet organizers and so much more. Sustainable Comfort w/ geo-thermal heat/cool system. Prime East Abby Location close to Hwy 1, rec, shops and schools. (id:48205)

4 Bedroom 4 Bathroom 1835 sqft
For sale
$869,000
114 4001 OLD CLAYBURN ROAD, abbotsford, British Columbia

114 4001 Old Clayburn Road

Abbotsford, British Columbia

This absolutely stunning townhouse has had 250k worth of upgrades. You will appreciate the heat pumps, A/C, hot water on demand, custom maple cabinets, S/S appliances, heated kitchen / bathroom floors, remote control blinds, motion sensor lighting & so much more. Enjoy lounging with a cup of coffee or glass of wine on your private deck overlooking green space. This highly sought after 31 acre complex offers an indoor pool, fitness area, library, RV storage, beautiful ponds/water features, as well as great walking trails that meander through the grounds. Conveniently located close to services and amenities. Golf, biking, hiking and so much more will further enhance your lifestyle. This 1625 sq ft townhome sets the bar high for quality, you will be very proud to call this place your home! (id:48205)

2 Bedroom 2 Bathroom 1625
For sale
$859,900
2939 ORIOLE CRESCENT, abbotsford, British Columbia

2939 Oriole Crescent

Abbotsford, British Columbia

Location! Location! Location! This single family home under $900k is perfect for first time buyers who want a detached home instead of a townhome. Centrally located within walking distance to all levels of schools, Mouat Secondary, Howe Middle and John Maclure Elementary. Close to shopping, restaurants, Matsqui Rec Centre, Rotary Stadium and much more! 3 bedrooms up along with a full 4 piece bathroom. Main floor has kitchen, dining room, and living room. Down stairs there is a rec room for the kids along with a 4th bedroom / office / flex room. Bring your ideas and make this the perfect family starter home! (id:48205)

4 Bedroom 2 Bathroom 1586 sqft
For sale
$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!! (id:48205)

3 Bedroom 3 Bathroom 2466 sqft
For sale
$859,000
32 2525 YALE COURT, abbotsford, British Columbia

32 2525 Yale Court

Abbotsford, British Columbia

Welcome to Yale Court - perfect for families! In the heart of East Abbotsford sits this spacious 2 Storey w/ Bsmt 4 Bed & 4 Bath Townhouse boasting over 2,500 Sq Ft of living space. The main floor boasts natural light throughout with plenty of windows and the living room features vaulted ceilings along with a cozy gas fireplace. From the functional kitchen with S/S appliances step out onto your large deck overlooking the private backyard. Upstairs you'll find 3 Bedrooms including the large primary bedroom w/ WIC & ensuite. The basement includes the 4th bedroom & bathroom along with a rec room & large flex area. Covered patio from the walkout basement. Updates include newer roof, HWT, dishwasher & stove. Double car garage & 2 parking spots outside. Pets allowed w/restrictions. Call today! (id:48205)

4 Bedroom 4 Bathroom 2526 sqft
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 sqft
For sale
$855,000
25 3902 LATIMER STREET, abbotsford, British Columbia

25 3902 Latimer Street

Abbotsford, British Columbia

Welcome to Country View Estates Abbotsford's most sought-out complexes. This rancher with walkout basement features 2 bedrooms up and 1 bedroom down with a den and Flex room which can be used as a bedroom. 2.5 bathrooms over 2,600+ square feet of open living. This END UNIT townhouse backs on to green space. Relax and enjoy the serenity, surrounded by nature form your deck or covered patio. This strata has replaced all Roofs & Gutters (2020) & completely repainted the exteriors (2019). 2 year old Furnace and A/C just in time for the summer. Good sized double garage and a storage/workshop. Close to all levels of schools just minutes away, Bateman Park across the road & easy access to downtown Abbotsford for all your shopping, transit & recreational needs. (id:48205)

3 Bedroom 3 Bathroom 2574 sqft
For sale
$852,400
12 2088 WINFIELD DRIVE, abbotsford, British Columbia

12 2088 Winfield Drive

Abbotsford, British Columbia

STOP LOOKING! Beautiful 2 storey with basement Gorgeous townhome with panoramic valley and mountain views. Perfectly designed for comfortable family living and entertaining. Open style kitchen great for families and black appliance's matching your granite countertops! Did I mention the breathtaking views with windows galore? Family and pet friendly complex with new roofs in 2020, and lots of room for growing kids. Master suite is up top and others are located on bottom floor, making this a unique design and great if you longing for privacy. Beautiful balcony to sip your morning coffee and a massive patio to entertain below. Double car garage and 2 car driveway makes this unit standout above the rest. Close to schools and shopping block away and access to freeway. CALL TODAY. check opens (id:48205)

3 Bedroom 3 Bathroom 2277 sqft
For sale
$850,000
31519 MONARCH COURT, abbotsford, British Columbia

31519 Monarch Court

Abbotsford, British Columbia

De-registered mobile on its own lot in a reformatting neighborhood . Land Use Contract has been cancelled by Government and a new home can be built here now. Buy it to live, rent or Build your dream home! Live in the home until plans are ready! Easy to show. (id:48205)

3 Bedroom 1 Bathroom 970 sqft
For sale
$850,000
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 sqft
For sale
$849,900
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 sqft
For sale
$849,900
1 33460 LYNN AVENUE, abbotsford, British Columbia

1 33460 Lynn Avenue

Abbotsford, British Columbia

DELUXE Bright 3 bedrm (possibly 4) + 3 bathrm End Unit Row House (treed setting, All ages, Pet friendly, Rentals OK) near restaurants, UFV, Event Center, hospital & Freeway. Spacious MAIN:(9 ft ceilings) features15ft livrm /cozy gas f/p & tall picture windows. 16ft dinrm opens to impressive kitchen/bar stool island/Stainless appliances/gas stove/cook top (gas in end units only) Miles of Quartz counters, "pull out" roller shelves & access to all season BBQ deck (Mt Baker view + double gas outlet-bbq&heater) UPPER: Impressive master suite "To Die For"13ft ensuite (his/her sinks, soaker tub & X/L shower. 12 ft 2nd bedrm with its own ensuite! LOWER LEVEL Office (or 3rd bedrm) flex room, 3 pc bathrm + laundry/storage. 20ft garage, Heat pump, concrete soundproof wall. Quick possession poss (id:48205)

3 Bedroom 3 Bathroom 1772 sqft
For sale
$849,000
36 30857 SANDPIPER ROAD, abbotsford, British Columbia

36 30857 Sandpiper Road

Abbotsford, British Columbia

Welcome to Blue Jay Hills in beautiful West Abbotsford! This charming 4 bedroom, 3 bathroom END UNIT family townhome backs onto a greenbelt and feels very private. This home has 3 Bedrooms up with one Bedroom/Rec Room on the lower level, and is tastefully updated with newer floors, appliances, kitchen cabinets and quartz counters. Gas fireplace and newer hot water heater. Plenty of natural light in this home too. From the main level, walk out to the large patio and your backyard oasis. The heat pump allows you to remain comfortable. Complete with a two door extra-wide double garage. Dogs and cats allowed. Amazing location - just a few minutes from Highstreet Shopping Center and close to schools, walking and biking trails. Lots of parking in complex and cul de sac. Come see for yourself! (id:48205)

4 Bedroom 3 Bathroom 2052 sqft
For sale
$849,000
4 31098 WESTRIDGE PLACE, abbotsford, British Columbia

4 31098 Westridge Place

Abbotsford, British Columbia

Great opportunity to own a unique 4 Bedroom Townhome with ground level entry at Hartwell. This Townhome offers 1 Bedroom, Kitchen, Washroom, Living/Family area on main floor. 3 bedrooms above level. Located in growing West Abbotsford Neighborhood, Hartwell in minutes away from Gym, Highstreet Mall, all levels of Schools, Recreation and other amenities. This Town home features Arts & Crafts style architecture, open plan layout with island kitchen with granite counters, stainless steel appliances, warm laminate flooring throughout the main floor, patio space for summer BBQ, and attached garage. All residents can also take advantage of the fitness studio and much more. Property on rent (month to month). For showing need 24 hrs. notice. (id:48205)

4 Bedroom 3 Bathroom 1538
For sale
$847,000
5 3902 LATIMER STREET, abbotsford, British Columbia

5 3902 Latimer Street

Abbotsford, British Columbia

COUNTRY VIEW ESTATES.....Peaceful private setting. The main floor boasts a primary bedroom w/ W/I closet & five piece ensuite, & a second bedroom, living & dining combined w/ gas F/P & sliders to a deck. A breakfast area is located conveniently in the kitchen. This rancher has a full basement offering a third bedroom w/ W/I closet, four piece ensuite, family room w/sliders to patio, den, laundry & workshop. Exterior paint, new roofs & gutters (2019-2020), prepaid paving for the development in the very near future. Pets allowed. (No size restriction) (id:48205)

3 Bedroom 3 Bathroom 2432 sqft
For sale
$840,000
13 2530 JANZEN STREET, abbotsford, British Columbia

13 2530 Janzen Street

Abbotsford, British Columbia

A RARE FIND! Investors alert. Not many townhomes come with a legal suite. This 3 storey home has 3 bedrooms and 2.5 bathrooms upstairs and the 1 bedroom legal suite has another full bathroom and it's own laundry and separate entrance. The living room has a huge sundeck to enjoy. Some other features are 9' ceilings, quartz counter tops thoughout, stainless steel appliances and affordable strata fee's. Pet friendly and close to shopping, parks, recreation and easy freeway access. (id:48205)

4 Bedroom 4 Bathroom 1850 sqft
For sale
$834,900
25 2058 WINFIELD DRIVE, abbotsford, British Columbia

25 2058 Winfield Drive

Abbotsford, British Columbia

Step into this breathtaking home & be swept away by its Architectural Digest vibes. This luxurious showpiece features high angled ceilings, exuding an air of sophistication & grandeur from the moment you walk in. In a private gated community, this home is meticulously updated throughout, offering a seamless blend of elegance & modern convenience. Parking for 3 vehicles, multiple covered lounge areas outdoors, & a gas BBQ hook-up. Inside, you'll find fresh paint throughout, stunning hardwood floors, smart switches, new light fixtures, and ceiling fans that add a contemporary flair. The modern glass railings & updated piping, along with updated attic insulation, ensuring comfort & efficiency. Pet friendly. Central AC, Tankless Water Heater, Back-up Generator Panel. Close to all amenities. (id:48205)

3 Bedroom 3 Bathroom 2298 sqft
For sale
$834,900
84 30530 CARDINAL AVENUE, abbotsford, British Columbia

84 30530 Cardinal Avenue

Abbotsford, British Columbia

Highstreet Village is a 12-acre master planned community located directly across from Highstreet Shopping Centre including 600,000 SQ/FT of retail, restaurants, VIP Movie theatre & more. Comprised of 131 townhomes and 9 condominium buildings, amenities include a lounge, kitchen and virtual zoom rooms. The development has several schools nearby, located closely off Highway 1, a 6 minute drive to the Abbotsford International Airport, 15 minutes from US Boarder and 10 min drive to downtown Abbotsford. Full bed & full bath below! Double wide garage! (id:48205)

4 Bedroom 3 Bathroom 1549 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