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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
$769,900
21 3354 HORN STREET, abbotsford, British Columbia

21 3354 Horn Street

Abbotsford, British Columbia

Lovely Blackberry Creek rancher with basement townhome with double garage and stunning Mt Baker View! Main floor enjoys spacious kitchen, eating area, family room, dining room, living room with vaulted ceiling and floor to ceiling view windows! Dual sided fireplace, southerly sundeck, primary bedroom boasts walk-in closet and full ensuite, second bedroom and full bathroom. Massive basement great for storage or finish to your taste! Updated plumbing, updated Lennox furnace, central a/c, superb value call today! (id:48205)

2 Bedroom 2 Bathroom 2852 sqft
For sale
$769,900
25 34248 KING ROAD, abbotsford, British Columbia

25 34248 King Road

Abbotsford, British Columbia

Welcome home to Argyle, the perfect place for your family to call home. This end unit features a huge oversized garage that has room for a shop or gym space or additional storage. The location in the complex is 2nd to none as you are located away from the busy road and backing onto farmland for peace and quiet. This home has a great open floorplan with a chefs kitchen featuring a gas range, granite counters, tile backsplash and s/s appliances. The adjacent den has beautiful built-ins and a large window with lots of light. The 3 bed 2 bath upper floor offers great room sizes and ample closet space. The laundry area is also located here for convenience. 2 pets are allowed and this complex does not have a size restriction. There is a playground close by and Freeway access is a short drive! (id:48205)

3 Bedroom 3 Bathroom 1444 sqft
For sale
$769,900
39 30930 WESTRIDGE PLACE, abbotsford, British Columbia

39 30930 Westridge Place

Abbotsford, British Columbia

Welcome to BRISTAL HEIGHTS a SOUGHT AFTER community by Polygon! This 3 Bed, 3 Bath CORNER unit features a sleek and modern design, a super bright open concept floorplan, 9' ceiling, huge windows, and luxury laminate wood flooring! Boasting a GOURMET KITCHEN with custom-designed cabinetry, sleek stainless steel appliances, full tile backsplash, quartz countertops, a HUGE island for entertaining & a charming deck. The master ensuite upstairs features double sinks and a spa shower. Downstairs, enjoy your double-car garage and convenient storage. Close to HWY 1, Shops and Restaurants. This unit is perfectly situated across from the playground, PERFECT for small children! Equipped with FANTASTIC amenities, which include an outdoor pool, hot tub, gym, a HUGE clubhouse & guest suite! Call today! (id:48205)

3 Bedroom 3 Bathroom 1367
For sale
$764,888
517 2860 TRETHEWEY STREET, abbotsford, British Columbia

517 2860 Trethewey Street

Abbotsford, British Columbia

SHOWSTOPPER!!! LUXURIOUS condo-living in this DOUBLE unit at La Galleria. With 1,771 of living space (1393 + DOUBLE-SIZED solarium of 378 sq ft), this home is an entertainer's dream! Gourmet chef's kitchen w/ eating bar & pantry, a dream layout with 2 huge bedrooms PLUS office/den (can easily be a 3rd bedroom), Air conditioning throughout, & TWO side-by-side parking spots, EACH with their own enclosed storage rooms at the back. Gorgeous bathrooms w/ heated floors, a separate patio space for the BBQ w/ natural gas hookup, & awesome amenities including meeting rm, games rm & exercise centre. The MASSIVE enclosed patio has retractable windows for year-round living. All this & perfectly situated RIGHT in the heart of everything, mere steps to all shopping, recreation, schools, & more. (id:48205)

2 Bedroom 2 Bathroom 1771 sqft
For sale
$764,700
4 1950 SALTON ROAD, abbotsford, British Columbia

4 1950 Salton Road

Abbotsford, British Columbia

OPEN HOUSE SAT, JUNE 22 FROM 2- 4 PM. Built in 2020! 3 Storey Corner Unit with a Rec room in the basement. This home features 2 bedrooms/ 4 bathrooms. 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- 2 bedrooms/ 2 bathrooms with an ensuite in the master and laundry. Basement has a Flex/ Rec room with a half bath which can be used as a 3rd bedroom. Other features- Only 4 years old, Low Strata Fee, No Age Restrictions, Pet friendly complex, Close to University of Fraser Valley, McCallum Junction Shopping Centre, schools, recreation, public transit, restaurants, parks & easy access to Hwy 1. (id:48205)

2 Bedroom 4 Bathroom 1600 sqft
For sale
$759,000
602 2555 WARE STREET, abbotsford, British Columbia

602 2555 Ware Street

Abbotsford, British Columbia

Step into this spacious 1,404 sq ft top-floor corner unit, boasting abundant natural light and panoramic views. With three extra-large folding glass doors leading to a sprawling wrap-around deck overlooking Mill Lake and the majestic mountains, tranquility awaits. Inside, an open-concept floor plan with 10' ceilings in the living room and dining room creates a sense of spaciousness and elegance. Two bedrooms, two full baths, air conditioning, and two side-by-side underground parking stalls ensure convenience and comfort. For the culinary enthusiast, a chef's kitchen awaits with a gas stove and generously sized island, offering ample workspace for culinary creations. Conveniently located near Mill Lake Park. $6,000 below below bc assessment value!! (id:48205)

2 Bedroom 2 Bathroom 1404 sqft
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 sqft
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
42 1502 MCCALLUM ROAD, abbotsford, British Columbia

42 1502 Mccallum Road

Abbotsford, British Columbia

This stunning 3-bedroom, 3-bathroom townhouse is perfectly located in the vibrant Cinema District in the heart of Abbotsford. The bright, open-concept main living area features a contemporary kitchen w/ s/s appliances, quartz countertops, an island w/ seating, & ample cabinet space. The living room includes an electric fireplace, large windows, & access to the patio. The main floor also has a 2pc bathroom & a bedroom. Upstairs, the spacious primary bedroom boasts a walk-in closet & an en-suite bathroom w/ double sinks & a large shower. Additionally, there is another bedroom & a full bathroom on this level. The rooftop patio is perfect for entertaining & offers panoramic views! This townhouse also has A/C & forced air heating to keep you comfortable throughout the year, no matter the season (id:48205)

3 Bedroom 3 Bathroom 1347 sqft
For sale
$749,900
45 3055 TRAFALGAR STREET, abbotsford, British Columbia

45 3055 Trafalgar Street

Abbotsford, British Columbia

Rarely does a unit come for sale in 55+ Glenview Meadows! Wonderful rancher with walkout basement and 2 car carport! Quiet location in back of complex. Many recent upgrades include updated white kitchen with quartz counters, undermount sink, touchless faucet, backsplash and 4 yr old stainless appliances! 1yr old Air Conditioner, Furnace and hot water tank only 3 yrs old! Formal living room/dining room with gas fireplace. Laminate floors throughout. Updated bathroom floors. Primary bedroom and laundry on main floor. Plus 2nd bedroom/den up. Sundeck off living room. Large family room down. 3rd bdrm and 2 pc bath down. Walkout to private patio. Large storage /workshop area too. No pets. Central location, walking distance to all amenities. Well run strata! (id:48205)

3 Bedroom 3 Bathroom 2272 sqft
For sale
$749,000
23 2796 ALLWOOD STREET, abbotsford, British Columbia

23 2796 Allwood Street

Abbotsford, British Columbia

RARE MODERN TOWNHOME FOR THE GROWING FAMILY! Welcome to your new home in one of the best locations in Abbotsford! This beautifully designed townhouse features a great layout with 3 spacious bedrooms and 3 modern bathrooms, perfect for families or professionals seeking a comfortable and convenient living space. The open concept provides the perfect area for entertaining and family gatherings. The property boasts a 2-car tandem garage with an additional parking spot in the driveway. Prime location with everything you need nearby, shopping, schools, and parks. The amenities include a fully equipped gym, party room and playground. (id:48205)

3 Bedroom 3 Bathroom 1161 sqft
For sale
$739,000
20 32633 SIMON AVENUE, abbotsford, British Columbia

20 32633 Simon Avenue

Abbotsford, British Columbia

Welcome to Allwood Place. This amazing 3 bedroom townhouse is a well kept gem in the heart of abbotsford. With over 1300 sq ft of living space, this townhouse features a huge backyard, screened windows and deck door, Noise reduced wifi garage door, Lighter laminated floors and an EV charging station with load management device as some of the upgrades. Don't miss this amazing opportunity to own this spectacular townhouse in the heart of Abbotsford just walking distance from shopping malls, restaurants, gym and many more amenities. OPEN HOUSE JUNE 15, SATURDAY, 12 PM - 2 PM (id:48205)

3 Bedroom 3 Bathroom 1392 sqft
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 sqft
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
5771 RIVERSIDE STREET, abbotsford, British Columbia

5771 Riverside Street

Abbotsford, British Columbia

Court order sale, Charming rancher style home with loft. Huge flat lot. Ideal for handy man. Mext showing at open house June 29 from 1 to 3 (id:48205)

2 Bedroom 1 Bathroom 1595 sqft
For sale
$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 sqft
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 sqft
For sale
$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, this complex is walkable to shopping & all amenities. (id:48205)

2 Bedroom 3 Bathroom 1367
For sale
$715,000
164 30930 WESTRIDGE PLACE, abbotsford, British Columbia

164 30930 Westridge Place

Abbotsford, British Columbia

Bristol Heights, constructed by Polygon, presents a seldom-available townhouse with a side-by-side garage on the market! Spanning 1,379 sqft, this residence boasts a suite of Whirlpool stainless steel appliances in the kitchen, complemented by a stunning granite countertop that's ideal for your culinary needs. The main floor includes a convenient powder room, alongside a spacious living and dining area. Step outside to discover a charming, private patio-an ideal spot for entertaining guests. Moving to the upper level, you'll find a delightful bedroom for children and an impressive master suite with a walk-in closet. The master bath offers a dual vanity and a soaking tub. Just a stone's throw away, residents can enjoy a 9,000 sqft amenities club, packed with extra features. (id:48205)

2 Bedroom 3 Bathroom 1379 sqft
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 sqft
For sale
$700,000
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 sqft
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 sqft
For sale
$699,999
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. Vacant & Ready for quick possession! (id:48205)

3 Bedroom 2 Bathroom 1230 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