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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
$729,900
504 3182 GLADWIN ROAD, abbotsford, British Columbia

504 3182 Gladwin Road

Abbotsford, British Columbia

Experience luxury penthouse living in Central Abbotsford at the beautiful Natura! This rare offering of top-floor two-bed, two-bath condo offers a nearly 600 sq ft terrace with private Horn Creek Park and sunrise views. Enjoy the many features including 14' living room vaulted ceiling, A/C, two secure underground parking stalls, a private EV charger and storage on your floor. Natura is just two years young and offers great amenities such as lobby lounge, bike room, massive outdoor patio, rooftop patio with BBQ, games room with full kitchen and two elevators. One cat and dog welcome and reasonable strata of 340/month. Check it out! (id:48205)

2 Bedroom 2 Bathroom 907
For sale Open House
$729,000
12 2799 ALLWOOD STREET, abbotsford, British Columbia

12 2799 Allwood Street

Abbotsford, British Columbia

Located just north of Allwood Street and South Fraser Way, Allwood Place is within walking distance of shops and services but tucked away from the hustle and bustle of Abbotsford's main corridor. This approx. 1300 sqft, 3 bed townhome features an entertainer style kitchen with white quartz countertops and sleek stainless steel whirlpool appliance package, contemporary wide plank laminate flooring throughout and a spacious balcony & a patio and backyard on the ground floor for gardening and entertaining. Master bedroom boasts a walk in closet leading to a private ensuite. Includes a extra long garage for easy storage. Stay active close to home with the Alder Club private amenities including a large, fully equipped gym , yoga and meditation space. (id:48205)

3 Bedroom 3 Bathroom 1305
For sale Open House
$729,000
22 31032 WESTRIDGE PLACE, abbotsford, British Columbia

22 31032 Westridge Place

Abbotsford, British Columbia

Bright 3 Bedroom and 2 bathroom in Harvest at Westerleigh! Enjoy the freshly painted home and laminate wood flooring throughout the main floor. The spacious kitchen features stainless appliances, gas cooktop, granite stone counter & ample of cabinet space. The kitchen area opens to the private balcony to enjoy your afternoon tea & BBQ in the Summer. Spacious tandem garage for 2 cars + storage. Close to all amenities, great schools (private and public), easy access to highway and beautiful nature trails in the area. Residents also have full access to Club West: resort style amenities including outdoor pool, hot tub, fireside lounge, theatre, games room, hockey room and so much more. Best location in the complex as clubhouse is right across the street! Don't miss out! Pets & rental friendly! (id:48205)

3 Bedroom 2 Bathroom 1316
For sale
$725,000
46 30930 WESTRIDGE PLACE, abbotsford, British Columbia

46 30930 Westridge Place

Abbotsford, British Columbia

This bright 2 bed 3 bath home boasts 9' ceilings on the main floor, laminate wood-style flooring, large windows, and a spacious deck off the dining area. The chef's kitchen features custom-designed cabinetry, polished chrome hardware, sleek stainless steel appliances, engineered stone countertops, full-height tile backsplash, and a generous island. Upstairs, the spa-inspired ensuite adds luxury to everyday life, while downstairs the side-by-side double garage. Copy and paste this link to your browser to view the strata documents: https://drive.google.com/drive/folders/1HeSq2vVhcz9bhf5-pNoY-pY5dk_q6RsV?usp=sharing (id:48205)

2 Bedroom 3 Bathroom 1301
For sale
$724,999
11 2241 MCCALLUM ROAD, abbotsford, British Columbia

11 2241 Mccallum Road

Abbotsford, British Columbia

"Presenting an exceptional townhome featuring four bedrooms, two bathrooms. Advantageous low strata fees, and convenient proximity to Hwy 1, & the University of Fraser Valley . This property boasts close proximity to essential amenities including hospitals, shopping centers, parks, and educational institutions of all levels. Enjoy the added convenience of a south-facing fenced backyard with a storage shed. With no age restrictions, seize this opportunity without delay! (id:48205)

4 Bedroom 2 Bathroom 1543
For sale
$724,900
34 3015 TRETHEWEY STREET, abbotsford, British Columbia

34 3015 Trethewey Street

Abbotsford, British Columbia

Birch Grove Terrace! 4 bedroom 4 bathroom 3 level townhouse. Big Recroom and bedroom in the basement. Many updates including newer flooring, carpet, blinds bathrooms, moldings, doors, new furnace 2017, paint and more! Real wood fireplace with electric fireplace insert. Walking distance to Rotary stadium. Great family complex close to all levels of schools and shopping! (id:48205)

4 Bedroom 4 Bathroom 1980
For sale
$719,900
20 1968 NORTH PARALLEL ROAD, abbotsford, British Columbia

20 1968 North Parallel Road

Abbotsford, British Columbia

Parallel North! Clean, well maintained, 3 bedroom, 3 bathroom townhouse in East Abby. Only 7 years old, with a beautiful, contemporary white kitchen, stainless steel 6 appliances, and quartz countertops. Step out of the dining room onto the patio into a fenced backyard. Upstairs, there are good-sized bedrooms, and the primary bedroom has a 4-piece ensuite. Side-by-side laundry is also a nice feature. Huge, double garage, for side-by-side parking, plus ample room for extra storage. Heated storage room off the garage. Visitor parking stalls right beside this unit make it easy for guests to swing by. Quick possession. (id:48205)

3 Bedroom 3 Bathroom 1348
For sale
$718,000
73 34332 MACLURE ROAD, abbotsford, British Columbia

73 34332 Maclure Road

Abbotsford, British Columbia

Beautiful 4 bed 4 bath townhouse unit located in the sought after Immel Ridge Complex! Tons of natural light in open concept living and dining rooms with an updated kitchen! Master bedroom with modern ensuite including walk-in shower and bath! Versatile rec room downstairs which can double as another bedroom. Balcony, back deck and amazing nearby park to enjoy the great outdoors in this family and pet friendly neighborhood! Walking distance to schools and shopping with easy access to Highway 11! Don't miss out on this prime opportunity in a spacious and well cared for location! (id:48205)

4 Bedroom 4 Bathroom 2079
For sale Open House
$715,888
28 31125 WESTRIDGE PLACE, abbotsford, British Columbia

28 31125 Westridge Place

Abbotsford, British Columbia

Discover the charm of Kinfield at Westerleigh in vibrant West Abbotsford, the perfect family-friendly complex. Enjoy an array of amenities such as an outdoor pool, clubhouse, theater, gym, and guest suite. This immaculate property offers 3 bedrooms, 2 bathrooms, and overlooks the front playground with a private fenced yard. Nestled in a serene corner with ample visitor parking, it's just minutes from High Street Mall and within walking distance to Townline Hill Park, Harry Sayers Elementary, and Rick Hansen Secondary. This is the ideal place to create lasting memories with your family. Come check this home before its gone! (id:48205)

3 Bedroom 2 Bathroom 1230
For sale
$709,900
18 31032 WESTRIDGE PLACE, abbotsford, British Columbia

18 31032 Westridge Place

Abbotsford, British Columbia

Don't miss out on this unique unit in Westerleigh! Step into luxury with this 2-bedroom, 2-bathroom showcase home by POLYGON. Enjoy intricate woodwork, engineered flooring, and stylish glass cabinetry. Plus, find designer fixtures, built-in features, and a convenient office area. With sidewalk access and a tandem garage, it's a breeze. Nearby, enjoy a resort-style pool and CLUB WEST's amenities. Close to HWY 1 and HIGH STREET MALL, this is an opportunity not to be missed! (id:48205)

2 Bedroom 2 Bathroom 1308
For sale
$708,000
11 30989 WESTRIDGE PLACE, abbotsford, British Columbia

11 30989 Westridge Place

Abbotsford, British Columbia

Amazing townhome featuring 2 bed 3 bath in the Brighton community at Westerleigh! with its street-level front access, open concept layout on the main floor, including a powder room, and spacious bedrooms upstairs, it offers both convenience and comfort. Plus, the access to the 8400 sqft resort- style amenities at club west, including outdoor pool and hot tub, theatre and game rooms. Being close to the discovery trail and a variety of shops, restaurants and services and all level of schools adds to the convenience and appeal of the location. Schedule a private tour to see this townhome. (id:48205)

2 Bedroom 3 Bathroom 1222
For sale
$705,000
93 30930 WESTRIDGE PLACE, abbotsford, British Columbia

93 30930 Westridge Place

Abbotsford, British Columbia

WELCOME TO YOUR NEXT HOME IN BRISTOL HEIGHTS! In the heart of Polygon's MASTER PLANNED COMMUNITY of Westerleigh is this stunning 2 bed 3 bath townhome. RARE main level entry access from the beautiful courtyard right outside your front door! This home offers an open main floor with expansive windows that let in an abundance of natural light, living room, powder room and a patio off of your kitchen. This gourmet kitchen features: high end stainless steel appliances, custom cabinetry, engineered stone counters and a eye catching tile backsplash. Upstairs has 2 LARGE BEDROOMS and 2 FULL BATHS with a luxurious primary ensuite featuring a modern spa shower! Park 2 cars in your garage with extra storage room. EXCLUSIVE access to Club West with a pool, fitness center & other amenities to enjoy! (id:48205)

2 Bedroom 3 Bathroom 1295
For sale
$700,000
27 31235 UPPER MACLURE ROAD, abbotsford, British Columbia

27 31235 Upper Maclure Road

Abbotsford, British Columbia

KLAZINA ESTATES - a collection of very nice townhomes nestled in a highly desirable, family-oriented neighborhood on Upper Maclure perched at the top of West Abbotsford. This two story + basement, corner unit has 3 bedrooms, 4 bathrooms & a spacious rec room in the walk out basement. A deck off the main level and fully fenced yard allow you to enjoy the great outdoors. Appreciate the beautiful sunrise with your south eastern exposure and view of Mount Baker. Single car garage and tons of street parking right outside your unit. Central location, close to transit, schools, shopping, High Street Mall, Walmart, so many restaurant, and all other amenities you could need. This is a nice home at a fantastic price point. Schedule a viewing today. (id:48205)

3 Bedroom 4 Bathroom 1675
For sale
$700,000
13 30930 WESTRIDGE PLACE, abbotsford, British Columbia

13 30930 Westridge Place

Abbotsford, British Columbia

Price just reduced. Bristol Heights built by Polygon. Next to Townline park and close to all amenities including schools, shopping, recreation, transit, restaurants and Hwy 1. South facing yard looking at the central garden. 2 spacious bedrooms up. Master ensuite upstairs features a spa shower with bench and double sinks. Convenient powder room on the main. 2 car tandem garage plus one extra parking on drive way. The complex features an outdoor pool, hot tub, fitness center, playground, guest suites and a huge clubhouse. Nice and respectful tenant family of 3, and they would love to stay or leave with proper notice. A few photos, such as the deck and the garage, were taken when the unit was vacant. (id:48205)

2 Bedroom 3 Bathroom 1275
For sale Open House
$699,990
610 2649 JAMES STREET, abbotsford, British Columbia

610 2649 James Street

Abbotsford, British Columbia

Introducing Terrazzo - located in the heart of Abbotsford, this 3 bedroom and 2 washroom unit is designed with elegant finishing combined with modern living. Featuring quartz countertops, wide plank laminate flooring and stainless steel appliances. Located on the top with a private solarium deck and mountain views. Walking distance to parks, schools, shopping, restaurants and all other necessities. School catchments include: Centennial Park Elementary School and Abbotsford School. Perfect opportunity for investors/first time home buyers. Book your showing today! OPEN HOUSE SUNDAY APRIL 28TH FROM 12:00PM-4:00PM. (id:48205)

3 Bedroom 2 Bathroom 1048
For sale Open House
$699,900
7 31125 WESTRIDGE PLACE, abbotsford, British Columbia

7 31125 Westridge Place

Abbotsford, British Columbia

Welcome to Kinfield at Westerleigh. This impressive two bedroom, two bathroom townhouse offers an inviting open layout perfect for modern living. Equipped with granite countertops and sleek stainless steel appliances, it's an ideal space for preparing delicious meals and entertaining guests. Each bedroom is well-sized, providing a personal retreat for relaxation and privacy. Homeowners will enjoy exclusive access to a recreation centre complete with an outdoor pool, fitness room and theatre. Plus, the convenience of a 2-car tandem garage ensures ample space for vehicles and storage. Great location combining convenience with tranquility, close to Highstreet Shopping Centre, and easy access to Highway 1. Move-in ready and waiting to be called yours! (id:48205)

2 Bedroom 2 Bathroom 1241
For sale Open House
$699,900
111 30930 WESTRIDGE PLACE, abbotsford, British Columbia

111 30930 Westridge Place

Abbotsford, British Columbia

Welcome to BRISTOL HEIGHTS built Polygon! This 2 bed, 3 bath townhome has rare main floor access with fenced front yard directly facing the beautiful central courtyard. Modern open plan living, 9' ceilings on the main, kitchen with sleek stone counters, ample custom designed cabinetry, SS appliances incl. built-in microwave & additional space for a desk or eating nook. Access to the large south facing deck, perfect for summer evening BBQ's. Convenient powder room on the main. 2 Large bedrooms on the upper floor, primary en suite with double sinks and oversize shower, 2nd bath with soaker tub. The world class amenities are unbeatable and include outdoor pool, hot tub, large club house, outdoor lounge with BBQ, billiards room, movie theatre, gym, guest suite and indoor hockey arena!! (id:48205)

2 Bedroom 3 Bathroom 1357
For sale
$699,900
3 33310 WESTBURY AVENUE, abbotsford, British Columbia

3 33310 Westbury Avenue

Abbotsford, British Columbia

Welcome to your spacious 4-bedroom, 2- full bathroom, with ample room downstairs to create an IN-LAW SUITE for extended family with a SEPERATE ENTRANCE. This beautifully RENOVATED home boasts a total of 5 PARKING spots and remarkably LOW STRATA FEES, offering both convenience and affordability. Located in a PRIME-LOCATION, you'll enjoy easy access to all amenities, including hospitals, schools, shopping, university UFV and just a minutes away from HWY 1, making commuting a breeze. Whether you're looking for a family-friendly environment or an investment opportunity, this property has it all. Don't miss your chance to own this versatile and well-appointed home in a sought-after area. (id:48205)

4 Bedroom 2 Bathroom 1421
For sale Open House
$699,900
305 33568 GEORGE FERGUSON WAY, abbotsford, British Columbia

305 33568 George Ferguson Way

Abbotsford, British Columbia

Step into the vibrant heart of Downtown Abbotsford at "The Edge"! Discover the exclusive C1 Plan: a rare gem boasting three bedrooms, two and a half bathrooms, and a captivating two-story design. Perfect for downsizers, larger families, or those seeking a stylish showcase. Don't miss out on exploring this exceptional layout! The Edge offers a stunning common rooftop patio spanning over 1500 square feet, presenting breathtaking views of Mt. Baker. Revel in the prime location just moments away from Historic Downtown Abbotsford, showcasing an array of trendy eateries and boutiques. Two pets allowed, no size restrictions, and the flexibility of rentals permitted. Experience urban living at its finest at The Edge! 6 months free strata fees offered by the Seller ! Call today ! (id:48205)

3 Bedroom 3 Bathroom 1046
For sale
$699,900
24 1450 MCCALLUM ROAD, abbotsford, British Columbia

24 1450 Mccallum Road

Abbotsford, British Columbia

Welcome to a totally renovated rancher style home at Crown Point! This sought after, well maintained complex is a secure 55+ gated community. This 2-bed, 2-bath unit features new flooring, paint, kitchen, S/S appliances & more! The kitchen is large and offers space for an eating area or family room. The formal dining room overlooks a spacious living room with a warm gas fireplace & tons of windows. The primary bedroom boasts a walk-through closet & private ensuite with a new walk in shower. The in-suite laundry room has a sink + plenty of shelves & cupboards adding convenience & extra storage. The fenced patios in the front and back allow for great outdoor living spaces. Parking & storage are a breeze with extra-wide single-car garage. The amazing clubhouse includes a workshop and more. (id:48205)

2 Bedroom 2 Bathroom 1280
For sale Open House
$699,900
16 32633 SIMON AVENUE, abbotsford, British Columbia

16 32633 Simon Avenue

Abbotsford, British Columbia

Welcome to Allwood Place! This 2 bed plus den end unit has everything your looking for! Walk up entrance off Simon w/ street parking, the largest yard in the complex, and has just been completely renovated w/ new flooring, new trim and paint! The open concept main floor leads out onto the large patio and features a kitchen w/ quartz countertops, brand new smart stove and large island. Upstairs you will find 2 good sized bdrms, incl primary w/ 3 pc ensuite. Awesome amenity building w/ state of the art gym/clubhouse, and playground/playroom for the kids. This one owner unit shows brand new and will not disappoint! Steps from Superstore, 7 Oaks Mall, restaurants, schools and easy hwy access! Pets and rentals allowed. Call for more info or to book your showing! Open House Sun Apr 7, 12-2pm! (id:48205)

2 Bedroom 2 Bathroom 1189
For sale Open House
$699,000
327 2493 MONTROSE AVENUE, abbotsford, British Columbia

327 2493 Montrose Avenue

Abbotsford, British Columbia

Welcome to Upper Montrose, the heart of downtown Abbotsford! This 3 bedroom & 2 bath home has the perfect layout boasting 1225 sqft with no wasted space! Enjoy the spacious and open concept kitchen with stainless appliances, quartz counters, large island and loads of cabinet space. Primary bedroom has walk through closets into a large ensuite with double sink. The den provides versatility as a laundry room, office, nursery, and additional storage. It is conveniently located beside Historic downtown Abbotsford; Old Yale brewing, cafes, bistros, shops and across from the new transit loop! Call for more information on this family home in the growing downtown area. (id:48205)

3 Bedroom 2 Bathroom 1225
For sale
$699,000
513 2493 MONTROSE AVENUE, abbotsford, British Columbia

513 2493 Montrose Avenue

Abbotsford, British Columbia

Welcome to Upper Montrose! Rarely available 3 bedroom TOP FLOOR CORNER unit w/ Excellent layout boasting 1172 sqft! Open concept kitchen, stainless appliances, quartz counters, large island and loads of cabinet space! Corner unit with extra windows allows for tons of natural light throughout + south facing for gorgeous sunsets! Spacious living area + dining! Primary bedroom with walk in closet, beautiful ensuite with double sinks and is ideally located separate from the other 2 bedrooms! Another rarity, the 2nd and 3rd bedrooms are HUGE + great closet space + 2nd bathroom conveniently located right beside. In suite laundry with storage! 2 large side by side parking stalls + Storage locker! Old Yale brewing at your doorstep + walk to everything historic old downtown has to offer! (id:48205)

3 Bedroom 2 Bathroom 1172
For sale
$698,800
17 36060 OLD YALE ROAD, abbotsford, British Columbia

17 36060 Old Yale Road

Abbotsford, British Columbia

FIRST TIME HOME BUYERS/INVESTOR ALERT! Mountain View Village Gem! Beautiful unit and complex in sought after community in East Abbotsford. Over 1400sqft END UNIT townhouse featuring 3 spacious bedrooms and 3 baths. Very well designed and layout ideal for your family. The kitchen features SS APPLIANCES, plenty of cabinets and counter space. Recently UPGRADED ROOF & WINDOWS and paint throughout. Nice PATIO in your flat back yard on GREEN SPACE for kids and to entertain and BBQ. The location CLOSE TO ALL AMENITIES, excellent school catchments, shopping nearby, transit, trails, parks and freeway access. Pets are welcomed and the complex features an OUTDOOR POOL for the whole family to enjoy. Nothing to do just move in, don't wait this won't last. (id:48205)

3 Bedroom 3 Bathroom 1429
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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