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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
$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
$674,999
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: SATURDAY JUNE 22 & 23, 2-4PM. (id:48205)

3 Bedroom 3 Bathroom 1248 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
$669,000
302 2493 MONTROSE AVENUE, abbotsford, British Columbia

302 2493 Montrose Avenue

Abbotsford, British Columbia

Welcome to Upper Montrose, situated in the vibrant heart of downtown Abbotsford! This beautifully designed 2-bedroom, 2-bath CORNER unit offers an ideal layout with 916 sq. ft. of thoughtfully utilized space. Step into the spacious, open-concept kitchen featuring stainless steel appliances, quartz countertops, a large island, and ample cabinet space - perfect for entertaining and culinary adventures. The primary bedroom boasts walk-through closets leading to a generous ensuite with double sinks, providing a luxurious retreat. Enjoy the convenience of being just steps away from Historic Downtown Abbotsford, with its charming cafes, bistros, shops, and the new transit loop right across the street. Book your private showing today! (id:48205)

2 Bedroom 2 Bathroom 916 sqft
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
For sale
$668,000
610 2649 JAMES STREET, abbotsford, British Columbia

610 2649 James Street

Abbotsford, British Columbia

Introducing Terrazzo - located in the heart of Abbotsford, this 3 bedroom and 2 washroom unit is designed with elegant finishing combined with modern living. Featuring quartz countertops, wide plank laminate flooring and stainless steel appliances. Located on the top with a private solarium deck and retractable windows along with mountain views. Walking distance to parks, schools, shopping, restaurants and all other necessities. School catchments include: Centennial Park Elementary School and Abbotsford Secondary School. Perfect opportunity for investors/first time home buyers. Book your showing today! OPEN HOUSE SUNDAY JUNE 23RD FROM 12:00PM-4:00PM. (id:48205)

3 Bedroom 2 Bathroom 1048 sqft
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 sqft
For sale
$659,900
43 34248 KING ROAD, abbotsford, British Columbia

43 34248 King Road

Abbotsford, British Columbia

Welcome home to this beautiful 3 level townhouse in the Argyle. Some of the many features include a large white kitchen with granite counters and entertaining sized island, 2 bedrooms up each with 4 piece ensuite bathrooms with heated floors and under cabinet lighting, walk-in closets, single garage with a flex room with separate outside entrance ideal for use as a rec room, home office, workshop or extra storage. Argyle is family and pet friendly community conveniently located near UFV, Abbotsford Centre, shopping & dining. This one is a must see!! (id:48205)

2 Bedroom 3 Bathroom 1596 sqft
For sale
$659,900
212 2120 GLADWIN ROAD, abbotsford, British Columbia

212 2120 Gladwin Road

Abbotsford, British Columbia

Welcome to Onyx at Mahogany in the heart of Central Abbotsford! This gorgeous & bright second floor corner home has over 1,100 sq ft of space, 10 ft high ceilings, and a perfectly laid out floorplan with a gorgeous gourmet kitchen, 2 bedrooms and 2 exquisite bathrooms. This luxurious unit has beautiful marble quartz countertops, grey scale backsplash, stainless steel appliances, gas range stove, A/C, and a comforting fireplace to nestle in front of after a long day. The home features a large covered sundeck and an amazing location. You can walk to Mill Lake, Sevenoaks Mall, and other restaurants and shops. Two parking + a storage locker are included. Homes like this one are rarely available. (id:48205)

2 Bedroom 2 Bathroom 1119 sqft
For sale
$659,700
25 2998 MOUAT DRIVE, abbotsford, British Columbia

25 2998 Mouat Drive

Abbotsford, British Columbia

Welcome home! This charming 1500 sqft townhouse offers 3 bedrooms and 2 full bathrooms. The comfortable layout, with abundant windows, fills the space with natural light, creating a bright and airy atmosphere for daily life or gathering with friends. The basement conveniently hosts a bedroom, rec room and full bathroom. Step outside to your fully fenced backyard, perfect for kids and pets to play safely. Nestled in a gated complex amidst mature trees, the setting is serene and secure. Conveniently located near all levels of schools, Matsqui Recreation Centre, Abbotsford's Library and Art Gallery, this home is in a wonderful location for families. Experience the perfect blend of comfort, convenience, and community. (id:48205)

3 Bedroom 2 Bathroom 1502 sqft
For sale
$659,000
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 sqft
For sale
$659,000
60 31406 UPPER MACLURE ROAD, abbotsford, British Columbia

60 31406 Upper Maclure Road

Abbotsford, British Columbia

Gated ELLWOOD ESTATES townhouse community attracts those who appreciate quality timeless design and unique classic character. Beautifully landscaped. Follow the lane to the quiet back corner of the complex to this spacious 2 Bed, 2 Bath Upper End Unit. Step inside the roomy ground floor Foyer and ascend the stairs to the large Formal Living & Dining Room, with glass door access to a West facing Deck. Family sized open Kitchen that includes Eating Area & Family Room, complete with cozy gas Fireplace and access to another partially covered 'wrap around' West/South facing Deck. 2 Bedrooms including a large Master Bedroom with full Ensuite. Laundry/Storage/Utility Room off Kitchen. Inside stairs down to Single Garage. Radiant Heat (new Boiler in 2020). (id:48205)

2 Bedroom 2 Bathroom 1827 sqft
For sale
$654,900
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 favorite; 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 everything else! (id:48205)

2 Bedroom 2 Bathroom 1120 sqft
For sale
$650,000
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 ground floor unit is one you'll have to see! It has 9ft ceilings throughout, high quality finishings and appliances, hardwood floors 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 perfect spot for a home office or additional storage. This unit comes with 2 parking spots and a large storage space on the same floor as your unit. This place is a 10, you have to see it! (id:48205)

2 Bedroom 2 Bathroom 1113 sqft
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 sqft
For sale
$649,999
207 32445 SIMON AVENUE, abbotsford, British Columbia

207 32445 Simon Avenue

Abbotsford, British Columbia

CORNER UNIT which includes a BONUS BALCONY! Welcome to La Galleria! This luxury condo features multi-zone air conditioning, 2 bedrooms, 2 bathrooms, a large den, and a 218 sq. ft. enclosed solarium. The gourmet kitchen boasts stainless steel appliances, an over-the-range pot filler, granite countertops, and soft-close cabinetry. The master bedroom offers a luxurious ensuite with heated floors and a spacious walk-in closet. Enjoy year-round entertainment in the private solarium with retractable glass panels and a natural gas outlet for your BBQ. Additional conveniences include a built-in wall safe, secure parking, and a storage unit with an electrical outlet. Conveniently located near schools, public transportation, shopping, grocery stores, restaurants, and recreational facilities. (id:48205)

2 Bedroom 2 Bathroom 1098 sqft
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 sqft
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
$649,000
91 3030 TRETHEWEY STREET, abbotsford, British Columbia

91 3030 Trethewey Street

Abbotsford, British Columbia

This completely renovated 3-bedroom, 2-bathroom townhouse is ideally located near Rotary Stadium, shopping centers, City Hall, the library, and schools at all levels. The home features new paint, hardwood floors, kitchen cabinets with countertops, stainless steel appliances, updated bathrooms, a new roof, windows, doors, and upgraded electrical and plumbing fixtures. The living and dining rooms are beautifully bright, complemented by a working gas fireplace. Additional features include a fenced yard, carport parking with extra space, a patio, and green space at the back. East-facing and move-in ready! (id:48205)

3 Bedroom 2 Bathroom 1164 sqft
For sale
$649,000
436 2233 MCKENZIE ROAD, abbotsford, British Columbia

436 2233 Mckenzie Road

Abbotsford, British Columbia

Rarely found, very clean, bright, spacious top floor 3 bed, 2 bathrm suite in Latitude. Covered balcony overlooking courtyard with panoramic views. An end unit-feel with open concept layout, huge windows, fireplace. Beautiful kitchen with granite countertops, modern cabinets & stainless steel appliances. Separate laundry rm with plenty of extra space. Mstr bdrm with walk in closet, huge ensuite with dbl sink. Storage locker conveniently located at same floor. 2 side by side underground parking, amenity room, guest suites, fitness & billiards room, surface prkg for visitors. 1dog+1cat welcome no size restriction, rentals allowed. Great neighbourhood with easy access to everything Abbotsford has to offer. (id:48205)

3 Bedroom 2 Bathroom 1030 sqft
For sale
$644,999
12 3075 TRETHEWEY STREET, abbotsford, British Columbia

12 3075 Trethewey Street

Abbotsford, British Columbia

Calling all first time home buyers!! Welcome to Silkwood Estates! End unit, 3 bed 2 bath, with big back yard a family oriented neighborhood. Newly renovated Kitchen, new appliances, and updated vinyl flooring all updated Feb 2024, Hot water tank replaced 2021. Near to Schools and Real Canadian Superstore. Book for private viewing. (id:48205)

3 Bedroom 2 Bathroom 1224 sqft
For sale
$639,900
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 sqft
For sale
$639,900
407 2860 TRETHEWEY STREET, abbotsford, British Columbia

407 2860 Trethewey Street

Abbotsford, British Columbia

La Galleria - One of Abbotsford's most sought after complex's is just minutes to shopping, restaurants, transit & library! This gorgeous 2 bedroom & DEN home features a dream kitchen with gas range, pot filler, S/S appliances, granite counters, Built in microwave, eating bar & cozy dining area. The living room is spacious & provides access to the fabulous solarium with retractable glass windows & a separate natural gas BBQ area for year round living. The bedrooms are separated by the living space for the utmost privacy. A split system heat pump provides a perfect balance of heat & A/ C. Extras incl: heated floors in bath, wall safe, internet/cable package, 2 parking stalls, a large private locker with EV outlet. 3 gyms, & amenity room! (id:48205)

2 Bedroom 2 Bathroom 1042
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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