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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
$759,900
30 30530 CARDINAL AVENUE, abbotsford, British Columbia

30 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 & 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. Home is in the interior of the community close to Cardinal Club! Vaulted primary bedroom ceiling! MUST SEE! Offering construction tours on Saturday & Sunday or open Saturday on site from 12-5pm! (id:48205)

3 Bedroom 3 Bathroom 1317
For sale
$750,000
62 32310 MOUAT DRIVE, abbotsford, British Columbia

62 32310 Mouat Drive

Abbotsford, British Columbia

A very nice 2 storey, 3-bedroom 2-bathroom townhouse has a private backyard and is located in Mouat Gardens, near rotary stadium , walking distance to Gordie Howe middle School , WJ Mouat secondary School and Matsqui recreation centre. This home shows extremely well with recent updates like new kitchen countertops , kitchen cabinets, new paint new roofing 2022. Please call to book your private showing . (id:48205)

3 Bedroom 2 Bathroom 1224
For sale
$750,000
34587 2 AVENUE, abbotsford, British Columbia

34587 2 Avenue

Abbotsford, British Columbia

Attention investors or first time buyers! Great opportunity to get into the real estate market or looking for a rental investment property. This property has C4 commercial zoning. Opportunity to build 2 levels with a shop, retail, restaurants below and have living accommodations above. Check with the city to confirm zoning bylaw. Generate an income with home rental while you wait to develop. Property has an existing 1282sqft rancher with 4bdrm, 2bath and a detached garage. Call today for more information! (id:48205)

4 Bedroom 2 Bathroom 1282
For sale Open House
$749,999
3 34825 DELAIR ROAD, abbotsford, British Columbia

3 34825 Delair Road

Abbotsford, British Columbia

This 4-bedroom, 3-bathroom townhouse, constructed in 2018, offers modern comfort and energy efficient in East Abbotsford. Spanning 1,828sqft, the townhouse features geo-thermal heating and cooling, ensuring year-round comfort while reducing energy costs. With 9-foot ceilings and ample LED pot-lights, it's elegantly bright throughout. The open kitchen boasts a spacious island, premium appliances making it ideal for cooking and entertaining. The generous living and dining areas are perfect for gatherings. Also, a convenient powder room is located on the main floor. This townhouse's location provides easy access to Highway 1 and all essential amenities. Low-voltage LED lighting enhances energy efficiency. (id:48205)

4 Bedroom 3 Bathroom 1828
For sale
$749,999
1006 2267 MCKENZIE ROAD, abbotsford, British Columbia

1006 2267 Mckenzie Road

Abbotsford, British Columbia

Experience contemporary living at its finest in this open layout townhome built by Amacon. Boasting three bedrooms, three bathrooms, and a two-car tandem garage. This bright-end unit is a perfect blend of style and functionality. Relax in the beautifully landscaped, fenced backyard or on the spacious back deck. Located just steps from the vibrant historic downtown Abbotsford, indulge in the convenience of trendy restaurants, brew pubs, and shops. With a family-friendly atmosphere, pet-friendly policies, and the flexibility of rentals, this home sets the standard for quality. (id:48205)

3 Bedroom 3 Bathroom 1329
For sale Open House
$749,900
76 30989 WESTRIDGE PLACE, abbotsford, British Columbia

76 30989 Westridge Place

Abbotsford, British Columbia

BRIGHTON at WESTERLEIGH - Welcome to this beautiful 3 bedroom, 3 bathroom townhome at Westerleigh. This bright & spacious unit has many great features including 1,350 sq. ft. of living space, open-concept layout, 9' ceilings, SS appliances, cozy walk out patio, fully fenced yard & 2 car tandem garage. Only steps away from the Discovery Trail, all levels of schools, Bolt Fitness Centre, Sikh Temple, churches, shopping & offers easy access to Hwy 1. Owners can take advantage of a membership to Club West, Westerleigh's resort-style private clubhouse with outdoor pool/hot tub, fitness studio, fireside lounge, hockey room, pool room & theatre room. This complex is pet friendly, allows 2 cats or 2 dogs! You will love it here, come bring the family and have a look today!! (id:48205)

3 Bedroom 3 Bathroom 1350
For sale Open House
$749,888
17 2950 LEFEUVRE ROAD, abbotsford, British Columbia

17 2950 Lefeuvre Road

Abbotsford, British Columbia

Come check out this GORGEOUS townhome at Cedar Landing, a private complex nestled amongst protected Cedar Trees in Aberdeen. This beautiful townhome has a great open concept layout & boasts 3 spacious bedrooms, 3 bathrooms, 1,527 sq. ft. of living space, Quartz countertops, dark wood kitchen cabinets, SS appliances, large bright windows, crown mouldings throughout, in suite laundry, 2 car tandem garage & a rare walk out backyard that backs onto green space & is accessible right off the main floor/kitchen! Located right near the Aldergrove/Abbotsford border, Aldergrove Community Center, parks, schools, transit, shopping, restaurants, easy Hwy access and more! This is an amazing community with low strata fees & allows pets! Call today to book your own private showing! (id:48205)

3 Bedroom 3 Bathroom 1527
For sale
$739,900
28 35287 OLD YALE ROAD, abbotsford, British Columbia

28 35287 Old Yale Road

Abbotsford, British Columbia

Welcome to the Falls. This very well appointed, air conditioned, 2 storey home with full day light basement is perfect for the growing family or Buyer that is looking for a little more space. With double car garage, this 3 bed 3.5 bath home boasts the best floor plan of its kind in the complex. With southern exposure and peak a boo views and greenspace, the bedrooms are generously sized. Downstairs is a perfect man-cave, exercise area or room where the kids to blow off steam. Walk out to grassy area in the backyard. Dog friendly complex with plenty of trails for walks. Easy access to all levels of schools (id:48205)

3 Bedroom 4 Bathroom 1847
For sale
$735,000
5 33020 MACLURE ROAD, abbotsford, British Columbia

5 33020 Maclure Road

Abbotsford, British Columbia

LOVE WHERE YOU LIVE !! ADULT LIVING 55+ 3 BDRM RANCHER WITH W/O BASEMENT in WILLBAND CREEK ESTATES. BACKS ON TO CREEK AND GREENSPACE. Updates on the main floor include a RENOVATED KITCHEN that will appeal to anyone who loves to cook or bake, UPDATED MAIN BATHROOM, fresh paint, lighting and flooring. Cozy living room with fireplace. Formal dining room for entertaining. Large rec room down with GUEST BEDROOM- 3 piece bathroom and 547 sq ft of unfinished space great for a workshop or hobby area. Find PEACE AND SERENITY on either the partially covered sundeck or walk out patio. Pets allowed w/restrictions. NEW FURNACE AND AIRCONDITIONING. Close to shopping, recreation, and transit. Well managed complex, RV parking available. (id:48205)

3 Bedroom 3 Bathroom 2650
For sale
$732,000
77 32633 SIMON AVENUE, abbotsford, British Columbia

77 32633 Simon Avenue

Abbotsford, British Columbia

Welcome home to Allwood Place, nestled just steps from Abbotsford's vibrant centre. This 1362 sqft 3bed/3bath townhome blends modern elegance w comfort. The heart of the home is a large open plan kitchen equipped w white quartz countertops & high end stainless steel appliances, perfect for entertaining. The living area boasts contemporary wide plank laminate flooring & leads to balcony w lovely unobstructed views of courtyard & mountains. Primary bedroom includes ample walk through closet space & ensuite. Additional highlights include powder room on main, attached tandem garage & fenced backyard. Residents enjoy access to the Alder Club w top-notch fitness & yoga facilities, along w easy freeway access & proximity to shops & dining. Experience stylish, convenient living at Allwood Place. (id:48205)

3 Bedroom 3 Bathroom 1362
For sale
$729,900
54 32633 SIMON AVENUE, abbotsford, British Columbia

54 32633 Simon Avenue

Abbotsford, British Columbia

Centrally located, this 1300 sq ft, 3-bedrooms, 2.5-bathrooms townhouse, including a powder room on the main floor, is nestled in a highly sought-after area near Superstore, shopping, restaurants, and services. Elementary schools are within a 1 km range. It features contemporary finishes throughout, including a gourmet kitchen with stainless steel appliances. Enjoy a large balcony, a private backyard for gardening and entertaining, and a 2-car garage. The exclusive two-level Alder Club offers a fully equipped gym, yoga space, cinema room, games room, and a party room with a kitchen (id:48205)

3 Bedroom 3 Bathroom 1300
For sale
$729,900
34 2989 TRAFALGAR STREET, abbotsford, British Columbia

34 2989 Trafalgar Street

Abbotsford, British Columbia

FIRST TIME on the Market!! BEST Location in the complex!! PRIVATE END UNIT RANCHER with WALK OUT BASEMENT. Laundry on the main, 3 bedrooms & 3 full bathrooms - offering Spacious Rooms for all of your house sized furniture. NEW Hotwater Tank, Furnace, Pex Plumbing Throughout & Energy Efficient Vinyl Windows. Cozy gas fireplace up & down. Enjoy your covered sundeck and private garden patio with views and complete privacy. Centrally located to all amenities. 55+ Call to view today!! (id:48205)

3 Bedroom 3 Bathroom 2358
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 Open House
$719,900
10 32828 LANDEAU PLACE, abbotsford, British Columbia

10 32828 Landeau Place

Abbotsford, British Columbia

Court West, where luxury meets convenience! Step into this stunning almost 1400 sq ft townhouse boasting 2 beds/3 baths. With its modern design, this unit floods with natural light, courtesy of abundant windows, including 2 levels at the front. The kitchen impresses with ample cupboards, island, Quartz countertops & S/S appliances.The Primary bdrm loft offers city & mtn views, a walk-through closet & an ensuite with double sinks for added convenience. In-suite laundry enhances functionality. Enjoy 361 sq ft of outdoor living space. A balcony & patio in the front of the unit & a lrg private patio in back granting access to a spacious shared courtyard. Parking stalls adjacent to the entrance door ensure comfort & ease. Centrally located. Open houses Sat 12 - 2 and Sun 12 - 2. (id:48205)

2 Bedroom 3 Bathroom 1367
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 Open House
$709,900
18 31032 WESTRIDGE PLACE, abbotsford, British Columbia

18 31032 Westridge Place

Abbotsford, British Columbia

Check it out, a one of a kind unit in the beautiful Westerleigh! Here's your chance to step into the former showcase home by POLYGON! This stunning 2 BD, 2 BTH, residence exudes luxury with intricate woodwork, engineered flooring, and exquisite glass cabinetry. Designer fixtures, wainscoting, built-in headboards, and mirrors adorn every corner, while a built-in office area adds functionality. Enjoy sidewalk access from the front door and a double tandem garage with epoxy flooring at the back. Located across from a resort-style pool/hot tub and full access to CLUB WEST's amenities. Just minutes from HWY 1 and HIGH STREET MALL, don't miss this exquisite opportunity! (id:48205)

2 Bedroom 2 Bathroom 1308
For sale
$709,000
34 31125 WESTRIDGE PLACE, abbotsford, British Columbia

34 31125 Westridge Place

Abbotsford, British Columbia

CORNER UNIT townhome in Westerleigh! This bright & open home features extra windows & serene views of green space. The main level has wood laminate flooring & light paint colors. The spacious kitchen boasts a large centre island, light wood cabinets, stainless appliances & the window above the kitchen sink offers beautiful views of greenery outside. There's also a private deck off the dining area for relaxing or having a BBQ w/ friends. Upstairs there are 3 bedrooms, including the large primary suite w/ walk-in closet & en-suite bathroom. Two additional bedrooms, another bathroom, & laundry area complete the upper floor. Westerleigh residents enjoy access to the resort style amenities at Club West including games room, theatre, pool, hot tub, gym and more! Call today to book your showing! (id:48205)

3 Bedroom 2 Bathroom 1403
For sale Open House
$708,888
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
$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
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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