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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
$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
$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
For sale Open House
$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
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
For sale Open House
$680,000
106 3182 GLADWIN ROAD, abbotsford, British Columbia

106 3182 Gladwin Road

Abbotsford, British Columbia

GROUNDFLOOR, ELEGANT, NATURE VIEWS! Welcome to Natura, a home close to everything, but tucked away so you feel like you're in your own oasis. This spacious pet friendly ground floor unit is one you'll have to see! It has 9ft ceilings throughout, high quality finishings and appliances, hardwood floors, Air Conditioning and the perfect layout for a 2 bedroom unit. This beautiful space has a large patio and direct access to trails. The den is the a great spot for a home office or additional storage. This unit comes with 2 parking spots, one which has EV charging, and a large storage locker steps away from the unit itself. Conveniently close to the lobby and only one neighbor. This place is a 10, book your showing today! (id:48205)

2 Bedroom 2 Bathroom 1113
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! (id:48205)

2 Bedroom 4 Bathroom 1153
For sale Open House
$679,900
424 32445 SIMON AVENUE, abbotsford, British Columbia

424 32445 Simon Avenue

Abbotsford, British Columbia

Courtyard VIEW here at La Galleria one of Abbotsford staple apartment complexes! Step into urban luxury with this meticulously designed 2 Bedroom plus Den & 2 Bathroom condo offering over 1000 square feet of sophisticated living space. Built in 2019 this contemporary residence features a sprawling enclosed solarium perfect for year round relaxation. Open floor plan with kitchen featuring granite countertops overlooking the living room and solarium. Generous sized bedrooms and spacious den. Situated in a central location you'll find convenience at your doorstep with grocery stores, restaurants, and Canadian Tire just moments away. Complete with two parking stalls, oversized locker, and AC. This unit presents a seamless blend of style & practicality. Pets & rentals allowed. Call this home! (id:48205)

2 Bedroom 2 Bathroom 1053
For sale
$679,900
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
$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 Open House
$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
For sale
$669,900
9 2505 WARE STREET, abbotsford, British Columbia

9 2505 Ware Street

Abbotsford, British Columbia

Welcome to a nearly new townhouse near Mill Lake! This 2 bedroom, 3 bathroom townhouse offers trendy luxury living with an open-concept layout with 9" ceilings and warm laminate floors throughout the main living areas. Features include a beautiful modern kitchen with quartz counter-tops and a spacious island, complete with premium stainless steel appliances, a bright dining area with built in cabinets, a nook for a computer/work station, a bright living room overlooking the private patio and backyard. Walk to Mill Lake Park, Sevenoaks Mall, shops and restaurants. Pets and Rentals are allowed! There is parking for two vehicles, plus more for visitors! (id:48205)

2 Bedroom 3 Bathroom 1193
For sale
$669,000
314 32445 SIMON AVENUE, abbotsford, British Columbia

314 32445 Simon Avenue

Abbotsford, British Columbia

LUXURY CORNER UNIT with loads of square footage and TWO PARKING SPACES. La Galleria is the ultimate apartment building in Abbotsford. Luxury features throughout, including: air-conditioning, stone counter tops, stainless appliances (including gas stove), luxury vinyl plank flooring, heated bathroom floors, fog-free mirrors and our personal favourite; a 244sqft GLASS-ENCLOSED SOLARIUM which can be used year round! Natural light galore, with windows in multiple directions. Best storage lockers on the market; metal roll-up door located right behind your parking space and with a power source. Exercise center right in your building, and just steps or short minutes from eveything else! (id:48205)

2 Bedroom 2 Bathroom 1120
For sale Open House
$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. Comes with 2 (id:48205)

2 Bedroom 2 Bathroom 1096
For sale
$664,900
7 2799 ALLWOOD STREET, abbotsford, British Columbia

7 2799 Allwood Street

Abbotsford, British Columbia

Welcome to Allwood Place by ONNI! This 2-bed PLUS DEN, 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 en-suite. The ground floor office 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, and playground, with access to the Alder Club's 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. Check out the neighbourhood report: https://app.hoodq.com/package/26647ff1-cb67-4c41-822c-89597e1d7d7b/detailed (id:48205)

2 Bedroom 3 Bathroom 1248
For sale Open House
$664,000
9 32633 SIMON AVENUE, abbotsford, British Columbia

9 32633 Simon Avenue

Abbotsford, British Columbia

Welcome home to this beautiful townhouse at Allwood Place. It features 2 bedrooms and 3 bathrooms plus an office/den downstairs. Laminate floor through out main floor, granite counter tops and stainless steel appliances in the kitchen. This unit has road access to Simon ave, so easy street parking is a big bonus. Balcony off the main floor to enjoy your time outside. Stay active close to home with the Alder Club private amenities includes a fully equipped gym, yoga and meditation space, party room with kitchen. Located in the heart of Abbotsford, close to all kinds of amenities, Schools, Sevenoaks mall, Superstore, Abbotsford City hall, restaurants. Call today to book a private showing. (id:48205)

2 Bedroom 3 Bathroom 1179
For sale
$660,000
254 32550 MACLURE ROAD, abbotsford, British Columbia

254 32550 Maclure Road

Abbotsford, British Columbia

INVESTORS/FIRST TIME BUYER ALERT! Welcome to Clearbrook Village, a family/pet friendly townhome complex located in a desired area of West Abbotsford. This beautiful & bright corner unit features 3 spacious bedrooms plus den, 2 bathrooms, 1,164 sq. ft. of living space, open floor plan, updated kitchen, new laminate floors throughout, fresh paint, new sink/faucet, new electrical fixtures, cozy gas fireplace & in suite laundry. Private backyard is fully fenced, great for your children & pets. Lots of visitor parking! LOW strata fee. Complex has a playground & allows 2 pets w/restrictions. Prime location only minutes away from John Maclure Community School, Mouat Secondary, Rotary Stadium, Matsqui Recreation Center, transit, shopping & restaurants and more. SOLD!!! (id:48205)

3 Bedroom 2 Bathroom 1164
For sale
$659,900
1708 2180 GLADWIN ROAD, abbotsford, British Columbia

1708 2180 Gladwin Road

Abbotsford, British Columbia

Luxury condo living in town with Abbotsfords newest concrete Highrise. Welcome to Mahogany at Mill Lake where you'll find a beautiful 2 Bedroom and 2 Bathroom Condo featuring a convenient floor plan maximizing the living space and layout effectively. Open concept living room with gas fireplace, kitchen with shaker style cabinets, quartz countertops, and stainless steel appliances with a gas range. Floor to ceiling windows throughout the suite, spacious bedrooms and fully equipped bathrooms. Hotel inspired amenities including indoor pool, hot tub, gym, and a quaint bistro downstairs. 1 underground parking stall, rentals allowed, and pets allowed with restrictions. Quick closing is possible. Central location across the street from Mill Lake and also close to Highway 1, hospital & much more! (id:48205)

2 Bedroom 2 Bathroom 875
For sale Open House
$658,800
74 3087 IMMEL STREET, abbotsford, British Columbia

74 3087 Immel Street

Abbotsford, British Columbia

Welcome to Clayburn Estates. This 3 bedroom (+ rec room!) 3 bathroom townhome is sure to impress with over 1,600 square feet of living space in a quiet, family-friendly complex. This unit features brand new flooring throughout, new paint and newer appliances. Cozy up next to the gas fireplace and enjoy a movie in your large living room. And let's talk about location! A short walk to Choices, Cafe Amarti and restaurants. You're also just minutes from Willband Creek Trail (5 min drive) and Margaret Stenerson Elementary (8 min walk). Don't miss out on your opportunity, book a showing today before this one's gone. (id:48205)

3 Bedroom 3 Bathroom 1665
For sale
$650,000
204 34101 OLD YALE ROAD, abbotsford, British Columbia

204 34101 Old Yale Road

Abbotsford, British Columbia

Experience the pinnacle of urban living in this beautifully renovated 2-bed 2-bath condo in East Abbotsford. This corner unit on the quiet side of the building spans nearly 1,300 square feet of luxury. Modern white shaker cabinets, quartz countertops, & sleek laminate flooring define the main living spaces while plush carpets in the bedrooms offer a touch of warmth. The bathrooms are detailed with stylish tile flooring enhancing the refined atmosphere. Every closet is meticulously fitted with high-end custom organizers maximizing both space & elegance. The home boasts 2 balconies-perfect for enjoying a sunset or BBQ. Included are 2 parking spaces in a secure underground lot. Steps from the vibrant revitalized downtown. Don't miss out on this exquisite blend of comfort & chic modern living! (id:48205)

2 Bedroom 2 Bathroom 1292
For sale
$649,900
37 35287 OLD YALE ROAD, abbotsford, British Columbia

37 35287 Old Yale Road

Abbotsford, British Columbia

THE FALLS at Eagle Mountain. Lots of updating has been done to this 2 bedroom 3 bathroom townhome. It has solid hardwood floors, a newer white kitchen with quartz counters, new washer and dryer and the hot water tank was just replaced. The front deck has a view to the southeast and in the back yard a patch of grass and a private patio. Double tandem garage with plenty of storage. Easy to show anytime. Pets, rentals and children welcome. (id:48205)

2 Bedroom 3 Bathroom 1301
For sale
$649,900
30 32310 MOUAT DRIVE, abbotsford, British Columbia

30 32310 Mouat Drive

Abbotsford, British Columbia

This is a great place to raise your young Family. Come take a look at this 3-bedroom, 2-bathroom townhouse in Mouat Gardens with a private backyard. This 2-storey home is conveniently located near rotary stadium, Gordie Howe Middle School, WJ Mouat Secondary School, and Matsqui Recreation Centre. A new roof in 2022. Low Monthly Strata fees only $277.98. Well Maintained Complex. Don't miss the opportunity to see this home in person, schedule your private showing today by calling now. (id:48205)

3 Bedroom 2 Bathroom 1227
For sale
$649,900
37 31255 UPPER MACLURE ROAD, abbotsford, British Columbia

37 31255 Upper Maclure Road

Abbotsford, British Columbia

Discover the charm of Country Lane Estates, a meticulously maintained complex in West Abbotsford. This inviting 3-Bedroom, 2-Bathroom townhome boasts a spacious ground-level with over 1200 square feet of comfortable living. Park with ease using the 3 designated parking spots. Embrace the family-oriented atmosphere with ample green space and a playground for the kids. Your furry friends are welcome with a pet-friendly policy allowing two dogs or two cats, and the flexibility of rentals is a bonus. Experience the convenience of low strata fees in this well-run community. Make a move to a welcoming home in a thriving neighborhood. (id:48205)

3 Bedroom 2 Bathroom 1269
For sale
$649,900
77 34248 KING ROAD, abbotsford, British Columbia

77 34248 King Road

Abbotsford, British Columbia

Your new home search stops here! Don't miss this spacious two bedroom three bathroom bright townhouse in the sought after Argyle! Spacious open floor plan with loads of natural light. Kitchen bursting with cabinet and counter space with stainless steel appliances. Upstairs features the master with 3 piece ensuite, the second bedroom and a 4 piece bath. You will love having a large tandem garage for your car and maybe even some toys! Amazing location close to Abbotsford Center, UFV, the freeway, shopping and more! This could be a great rental investment or for your own use! Don't wait; book your personal viewing today! (id:48205)

2 Bedroom 3 Bathroom 1165
For sale
$649,700
23 2505 WARE STREET, abbotsford, British Columbia

23 2505 Ware Street

Abbotsford, British Columbia

Welcome to Mill District, where modernity meets comfort in this stylish townhome. This gorgeous south-facing END UNIT boasts 2 BDRMS and 3 BATHS, each bedroom featuring its own ensuite for ultimate privacy. Inside, enjoy the spaciousness enhanced by 9' ceilings on the main floor & the comfort of air conditioning. Revel in the beautiful finishes throughout, complemented by an abundance of natural light. Outside, a fully fenced yard, landscaped with care, offers a serene retreat. Secure garage w/storage & carport, providing tandem parking. Perfectly situated, this home offers easy access to shopping, dining & all amenities, with popular Mill Lake just steps away. Families will appreciate the proximity to schools, reachable with a quick 10-15 min walk. Pet friendly, rentals allowed! (id:48205)

2 Bedroom 3 Bathroom 1262
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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