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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
$699,000
7 2799 ALLWOOD STREET, abbotsford, British Columbia

7 2799 Allwood Street

Abbotsford, British Columbia

Welcome to Allwood Place by ONNI! This 3-bed, 3-bath bright CORNER UNIT offers a spacious living room, dining room, and chef's kitchen with deluxe island. Large balcony off the living room and a 2-piece washroom on the main floor. Upstairs boasts 2 generously sized bedrooms, including a master with a luxurious ensuite. The ground floor bedroom offers a separate entrance to the wrap-around backyard yard which is perfect for families with kids or pets. Amenities include a clubhouse, exercise centre, playground, gym, yoga room, cinema, games room, and party room. Walking distance to shops, services and schools but tucked away from the busy main corridor. Right beside Visitor parking and just one neighbour next door make this the best unit around. Open House by Appointment Only: June 01 & 02. (id:48205)

3 Bedroom 3 Bathroom 1248 sqft
For sale
$699,000
44 2998 MOUAT DRIVE, abbotsford, British Columbia

44 2998 Mouat Drive

Abbotsford, British Columbia

Welcome Brookside Terrace! You will love this family friendly gated community featuring, 47 beautifully built Westcoast style townhomes. With just over 2,000 sq ft of living space & featuring 3 large bedrooms & 4 bathrooms, there is plenty of room for a large family. The Main floor features large living & dining areas, which face eastward capturing plenty of natural morning and early afternoon sunlight. Upstairs consists of 3 large bedrooms with updated bathrooms. Send your teenagers downstairs to enjoy the massive rec room; perfect for a media room, play area or an in-law area. Spend summer days and nights enjoying your partially gated backyard. This complex is centrally located, close to all level of schools, nearby Mouat Park and Abbotsford Ex Centre, Downtown shopping and more! (id:48205)

3 Bedroom 4 Bathroom 2091 sqft
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 sqft
For sale
$698,000
58 36060 OLD YALE ROAD, abbotsford, British Columbia

58 36060 Old Yale Road

Abbotsford, British Columbia

TASTEFULLY RENOVATED! Jackpot! East Abbotsford unit townhome in a prime location! This 3 bed 3 bath unit has a good sized private backyard, plus a double car garage. Lots of updates to this unit including new kitchens, bathrooms, flooring & more! The roof is newer, and the windows were replaced in 2019 making this a fantastic investment! PLUS there's an outdoor pool to enjoy in the summertime! From this location, you are within a short walking distance of amazing shopping, dining, yoga, fitness and so much more! There are two large shopping plazas only steps away! Plus you are only 2 minutes from the Whatcom Rd Onramp onto Hwy1. Great parks and amazing schools nearby as well! Pets, kids, and rentals are allowed! Come see for yourself! (id:48205)

3 Bedroom 3 Bathroom 1383
For sale
$689,900
17 30989 WESTRIDGE PLACE, abbotsford, British Columbia

17 30989 Westridge Place

Abbotsford, British Columbia

"Step into your new home at Brighton in Westerleigh, situated in the heart of West Abbotsford. This impeccably maintained 2-bedroom, 2.5 bathrooms townhome is perfect for families. Boasting a thoughtfully designed interior, it offers access to fantastic amenities such as a clubhouse, guest suite, outdoor pool, hot tub, and exercise center. Whether you're a first-time buyer or an investor, this property presents a great opportunity. Enjoy the convenience of walking to nearby schools, the Athletic Club/Ice Rink, and the Discovery Trail. With Highstreet shopping, restaurants, and easy freeway access close by, everything you need is within reach. Plus, this unit comes with additional street parking. Don't miss out - schedule your private showing today!" (id:48205)

2 Bedroom 3 Bathroom 1212 sqft
For sale
$689,900
65 30989 WESTRIDGE PLACE, abbotsford, British Columbia

65 30989 Westridge Place

Abbotsford, British Columbia

Now's your chance to own in BRIGHTON at WESTERLEIGH! Open & airy 2bed/2bath townhome features tons of natural light, 9' ceilings & laminate wood flooring on the main, light paint colours w beautiful accent walls throughout, open kitchen w large centre island, stainless appliances, ceramic backsplash & upgraded lighting. Unique layout w access to your fully fenced yard & patio straight from the kitchen! PERFECT for summer fun & indoor/outdoor living. Large bedrooms, spa-like bathrooms, GORGEOUS unobstructed mountain & courtyard views. AMAZING investment opportunity as it's rented month to month to incredible tenants! Comes w exclusive access to Westerleigh's resort-style amenities including pool, hot tub, gym, hockey room, fireside lounge, theatre & MORE! Call to book your private tour! (id:48205)

2 Bedroom 2 Bathroom 1315 sqft
For sale
$689,900
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 sqft
For sale
$689,000
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
$689,000
303 3182 GLADWIN ROAD, abbotsford, British Columbia

303 3182 Gladwin Road

Abbotsford, British Columbia

WELCOME TO NATURA! Call home this 3rd floor 2 bed, 2 bath corner home offering panoramic forest views of Horn Creek Park located inside the gated community of Regency Park built in 2022. Quiet & private SE exposure offer over-sized windows, 2 huge covered balconies, open living area w/ dining room and spacious gourmet kitchen. Enjoy high-end stainless-steel appliances w/ a pantry along with AC, baseboard heating, and roller blinds. Convenience is enhanced with a same-floor storage locker and 2 secure underground parking spots with one stall being EV! Natura's amenities include two lounges (including a rooftop lounge), BBQ facilities, a firepit, a gazebo, and private access to HCP. Enjoy an effortless walk to shopping & restaurants while being tucked away from the hustle & bustle. (id:48205)

2 Bedroom 2 Bathroom 924
For sale Open House
$688,800
316 2493 MONTROSE AVENUE, abbotsford, British Columbia

316 2493 Montrose Avenue

Abbotsford, British Columbia

Presenting a prime "Lock Off" unit in Quality Upper Montrose w/ quiet courtyard views. A great opportunity to live large in downtown Abbotsford. Spacious floor plan w/ 3 bedrooms; 3 bathrooms; boasts air conditioning, 2 parking spaces plus 1 storage locker and 1 bike storage. Flexibility of the layout allows the opportunity to reside in the entire unit or occupy one side while renting out the other for extra income. Comfortable designer finishes and details throughout enhance its value including 2 covered balconies for added outdoor living space. Central location near Hwy #1, transit at your doorstep. Enjoy the convenience of walking to shops and eateries. Families, rentals and pets are welcome. Open House Sat June 8th and Sun June 9th @ 2-4pm or show by appointment. (id:48205)

3 Bedroom 3 Bathroom 1229 sqft
For sale
$688,000
12 2505 WARE STREET, abbotsford, British Columbia

12 2505 Ware Street

Abbotsford, British Columbia

Welcome to the beautiful Mill District! Open concept main floor layout, 9' ceilings with high quality laminate floors throughout. The kitchen has quartz counter-tops and a large extended island, premium stainless steel appliances, dining area and a bright living room leading to the private patio and backyard. Upstairs, there are two bedrooms each with large closets and full ensuite bathrooms. The master bedroom ensuite has a soaker tub! A close walk to all amenities, Mill Lake Park, Sevenoaks Mall, shops and restaurants. Pets and rentals are allowed (no short-term) There is parking for two vehicles, plus more for visitors. Call today for more information! (id:48205)

2 Bedroom 3 Bathroom 1193 sqft
For sale
$685,000
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. Open house this Saturday 5/9/24 2-4pm (id:48205)

3 Bedroom 2 Bathroom 1225
For sale Open House
$684,900
27 2838 LIVINGSTONE AVENUE, abbotsford, British Columbia

27 2838 Livingstone Avenue

Abbotsford, British Columbia

Introducing your ideal home! This GARDNER 2 bed, plus den, 2 bath townhouse offers nearly 1300 sq ft of bright, spacious living. Enjoy 10 ft ceilings on the main level & abundant natural light through numerous windows. The modern kitchen features an abundance of cupboard space, S/S appliances, Quartz countertops, & lrg island perfect for seating & meal prep. The P- bdrm boasts a spacious walk-through bath & plenty of closet space. Several Smart thermostats ensure comfort & efficiency. In-suite laundry adds extra convenience. Rare double garage plus 2 outdoor spots provide ample parking & storage. East facing balcony delivers a comfortable outdoor space. Ideally located near Discovery Trail, Hwy 1 & all amenities. Open house Sunday June 2nd, 12:30 - 2:00. (id:48205)

2 Bedroom 2 Bathroom 1276 sqft
For sale
$684,900
16 32633 SIMON AVENUE, abbotsford, British Columbia

16 32633 Simon Avenue

Abbotsford, British Columbia

Welcome to Allwood Place! This 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 throughout! 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 today for more info or to book your showing! Open House Sun Apr 7, 12-2pm! (id:48205)

2 Bedroom 2 Bathroom 1189 sqft
For sale
$684,900
3 30989 WESTRIDGE PLACE, abbotsford, British Columbia

3 30989 Westridge Place

Abbotsford, British Columbia

Beautiful townhome in Westerleigh! This home boasts exceptional curb appeal, featuring a fenced front yard & street-level access! Inside you'll find wood laminate flooring complemented by modern paint colors. The kitchen has stylish white cabinets, stainless appliances, & a breakfast bar that's perfect for busy mornings. Step outside onto your own private deck, the perfect spot to relax! The main floor features the added convenience of a POWDER ROOM, while upstairs you'll find spacious bedrooms w/ the same wood laminate flooring as the main. The home is equipped w/ a new high-end washer/dryer and includes THREE parking spots. As a Westerleigh resident, you'll have access to the resort-style amenities at Club West, including games room, theatre, pool, gym, & more. Call to book your tour! (id:48205)

2 Bedroom 3 Bathroom 1310 sqft
For sale
$679,900
104 30530 CARDINAL AVENUE, abbotsford, British Columbia

104 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 137 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. HUGE ROOFTOP PATIO HOME! MOVE IN READY! See Realtor Incentives + 10k Decorating Allowance! (id:48205)

2 Bedroom 4 Bathroom 1153 sqft
For sale
$679,900
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. (id:48205)

2 Bedroom 2 Bathroom 1241 sqft
For sale Open House
$677,000
24 31098 WESTRIDGE PLACE, abbotsford, British Columbia

24 31098 Westridge Place

Abbotsford, British Columbia

Fantastic END UNIT TOWHOME in HARTWELL. This 2 Bedroom, 2 Full Bathroom Home has been Freshly Painted throughout. Very well maintained with modern colors and fixtures. OPEN Main Floor floorplan with Large Kitchen Island, GRANITE Countertops & Stainless Steel Appliances. LOTS OF NATURAL LIGHT with many Oversized Windows giving Bright South, West, and East exposures. Many options for large furniture, hutches or tables. Large Deck off Main & Fenced Yard Below. Upstairs boasts Primary Bedroom with Spa inspired Ensuite. Second bedroom offers enough room for a teenager or bunk bed for little ones. Double Tandem Garage. Resort Style CLUBHOUSE with outdoor pool, fitness studio, fireside lounge, hockey room, movie theater & much more. Steps away from Schools, Recreation, Amenities, & Highway 1. (id:48205)

2 Bedroom 2 Bathroom 1343 sqft
For sale
$674,900
106 2860 TRETHEWEY STREET, abbotsford, British Columbia

106 2860 Trethewey Street

Abbotsford, British Columbia

Condo with a yard in La Galleria! If you're looking for no stairs this is it. This ground level corner unit has both a massive glassed in solarium plus a fenced patio area with privacy hedges and a private gate. Inside offers 2 bedrooms plus den, both bedrooms with walk in closets outfitted with built-in organizers, open kitchen/dining and living area, granite countertops throughout, heated floors in both full bathrooms, solarium blinds, upgraded heat pump/AC unit with 3 zone units and custom light fixtures. La Galleria is situated within walking distance to shopping, dining and services, has a games room, fitness room and amenities room for large gatherings, 2 parking stalls in the underground parking and a storage garage. Everything you need for easy, comfortable living is right here. (id:48205)

2 Bedroom 2 Bathroom 1044
For sale
$669,900
5 2838 LIVINGSTONE AVENUE, abbotsford, British Columbia

5 2838 Livingstone Avenue

Abbotsford, British Columbia

GARDNER by MOSAIC. Virtually brand-new, but no GST! Two bedrooms and two bathrooms upstairs, spacious and open concept main level with 10-foot ceilings, and den and half bathroom downstairs. Perfect home for a first-time buyer, with a garage plus a driveway big enough for anything you drive! Steps from High Street Mall, with fantastic walkability to amenities. Two minutes from highway access and excellent commuting in all directions. High-quality, well-styled construction by a great builder. Modern touches include stone counter tops, stainless steel appliances, oversized windows with wonderful natural light from morning till evening, a deck for BBQ's and enjoying the summer nights. Visitor parking close by. Pet friendly! (id:48205)

2 Bedroom 3 Bathroom 1201 sqft
For sale
$669,900
1908 2180 GLADWIN ROAD, abbotsford, British Columbia

1908 2180 Gladwin Road

Abbotsford, British Columbia

Luxury at its finest! Live on top of Abbotsford in this stunning 20th floor 2 Bedroom + 2 Bathroom condo at the Mahogany in Central Abbotsford. Boasting 875 Sq Ft this unit has a convenient floor plan maximizing the space. Open concept living with inviting living room and gas fireplace, kitchen with shaker style cabinets with quartz countertop and S/S appliances including gas range. Floor to ceiling windows, spacious bedrooms and a South West balcony to enjoy the endless views. 1 UG parking spot and also one storage locker. Amazing hotel inspired amenities including AC, the pool, hot tub, gym, and 2 guest suites. Rentals and pets allowed with restrictions. Concrete highrise building in one of Abbotsford most desirable locations. A stones throw away from Mill Lake. Live a lifestyle here! (id:48205)

2 Bedroom 2 Bathroom 875 sqft
For sale
$669,900
1 2796 ALLWOOD STREET, abbotsford, British Columbia

1 2796 Allwood Street

Abbotsford, British Columbia

Welcome to Allwood Place. This amazing CORNER UNIT is within walking distance of grocery stores and shopping centres while being located near the freeway and all levels of schools. With 3 beds and 2.5 baths, this townhome features a balcony off the main floor, stainless steel appliances, white quartz countertops and more! With great amenities such as a fully equipped gym, party room and playground all right in front of this property, you won't want to miss this listing! Call for more information. Pet friendly with restrictions, check bylaws. (id:48205)

2 Bedroom 3 Bathroom 1185
For sale
$669,900
112 32838 VENTURA AVENUE, abbotsford, British Columbia

112 32838 Ventura Avenue

Abbotsford, British Columbia

CUSTOMIZED DEVELOPER'S UNIT. One-of-a-kind 2-bedroom, 2-bathroom corner unit in the beautiful Ventura building built for the developers family. This unit has barely been lived in and is like buying brand new. Custom finishes throughout, with 10' ceilings and oversized crown moulding, high-end Kitchen Aid appliances, Desert Oak Shinnoki cabinets in kitchen, and a completely redesigned floor plan. It is an entertainer's dream with a large open concept kitchen and living/dining space, even a gas fireplace, and 2 large private patios. Covered gathering area with fire pit and BBQ are right outside the unit. This unit has two parking stalls (one for EV), and a large storage locker. Centrally located near transit, shopping, and recreation. Call today to see this one-of-a-kind custom unit! (id:48205)

2 Bedroom 2 Bathroom 1028
For sale
$669,000
320 32445 SIMON AVENUE, abbotsford, British Columbia

320 32445 Simon Avenue

Abbotsford, British Columbia

End Corner Unit, boasting mountain views from the Quiet side of the building, in the highly sought-after 'La Galleria' complex . This unit comes with a functional open floor plan featuring two bedrooms, two bathrooms plus a den. 9 Foot ceilings, AC, contemporary design, gourmet kitchen, granite counters, and quality SS appliances. Two walk-in closets, enclosed solarium with retractable glass panels, double vanity in MB, built-in safe; Exercise Ctr, landscaped garden, and a secure concrete walled storage near parking. The living and dining rooms are spacious, together with the enclosed solarium (233sq ft) and another bonus open deck, Elegant living with 1329 sq ft of livable space. 2parking spots. Viewings by appt. (id:48205)

2 Bedroom 2 Bathroom 1096 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