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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
$599,900
213 2493 MONTROSE AVENUE, abbotsford, British Columbia

213 2493 Montrose Avenue

Abbotsford, British Columbia

Welcome to Upper Montrose! Coveted 2 bed/2 bath, SOUTH FACING 871SF unit on the private inner courtyard level w. 150SF PATIO. Soaring 9' ceilings, designer BRICK FEATURE WALL and OPEN FLOOR PLAN. Bedrooms on opposite sides for MAXIMUM PRIVACY. Year round comfort w. AIR COND. French doors to your OUTDOOR SPACE w. views of manicured gardens. CHEF inspired KITCHEN w. under cabinet lights, QUARTZ counters, ISLAND, S/S appliances, M/W, GAS COOKTOP. Prim rm with ENSUITE bath. 2 SINKS, millwork mirror, GLASS WALK-IN SHOWER. Work from home? Host clients in the meeting boardroom w. workstations. The heart of trendy historic downtown Abbotsford, you're steps to boutique restaurants, shops, services, farmers market. UNIQUE yard area.1 PARK. 2 PETS. (id:48205)

2 Bedroom 2 Bathroom 871 sqft
For sale
$599,900
307 1514 MCCALLUM ROAD, abbotsford, British Columbia

307 1514 Mccallum Road

Abbotsford, British Columbia

Prime Location Alert! Nestled at the McCallum & King intersection, this coveted Cinema District home offers proximity to Fraser Valley University and McCallum Junction Shopping mall. This generous corner unit features two bedrooms and two full bathrooms, with a walk-in closet and dual vanities in the master suite. Positioned for stunning North/West mountain views, it includes two assigned underground parking spaces and a private storage locker. The home is equipped with stainless steel appliances-fridge, stove, dishwasher, microwave, washer. Enjoy serene walks to nearby blueberry farms, local churches, and the bustling city center. Just 2 minutes from Highway #1, reach Langley Chilliwack in only 20 minutes. (id:48205)

2 Bedroom 2 Bathroom 892 sqft
For sale
$599,900
213 32838 VENTURA AVENUE, abbotsford, British Columbia

213 32838 Ventura Avenue

Abbotsford, British Columbia

Beautiful 2 bedroom PLUS den, corner unit, with large windows all around, allowing for loads of sunshine and natural light. Open concept. The den would make a great baby room or a home office. Higher end appliances, gas stove, huge island in the kitchen. Gas & hot water is included in the strata fees. 2 parking spaces and a huge locker. Amenities include: Bike room, party room, Gym, dog wash, covered gathering area with fire pit, visitors parking. In the heart of Central Abbotsford, steps to Seven Oaks mall, banks, Hospital and transit. Don't miss out on this beautiful home. Easy to show! (id:48205)

2 Bedroom 2 Bathroom 1028 sqft
For sale
$599,900
505 32838 LANDEAU PLACE, abbotsford, British Columbia

505 32838 Landeau Place

Abbotsford, British Columbia

Set in the heart of Abbotsford's City Centre, Heinrichs Developments introduces a new landmark for urban living. Inspired by contemporary architecture and Scandinavian design, Court offers open concept floor plans featuring stainless steel appliances, polished quartz countertops, and modern cabinetry. This beautiful 2 bed 2 bath and large den home is centrally located, steps from Sevenoaks Shopping Centre and minutes from Abbotsford's historic downtown core along with the picturesque trails surrounding Mill Lake Park. Includes 1 parking stall and a storage locker. South facing unit away from the main road. Great investment opportunity or a great building to live in. Similar unit currently renting out for $2700. Open houses Saturday April 27th and Sunday April 28th 1-3PM (id:48205)

2 Bedroom 2 Bathroom 1028 sqft
For sale
$599,800
338 31158 WESTRIDGE PLACE, abbotsford, British Columbia

338 31158 Westridge Place

Abbotsford, British Columbia

Beautiful Bright 2bdrm 2 bathrm pet / family & rental friendly starter / investment / retirement condo at Elmstone (Resort style Polygon built community / 9000 sqft private clubhouse / fitness studio, resort pool, hot tub, fireside lounge, outdoor BBQ area/ indoor hockey, 2 guest suites, playground & walking trails) Steps to dining, shops, Summit Centre, 3 schools (Harry Sayers Elem. / Eugene Reimer Middle/ Rick Hansen Secondary) & easy freeway access. This condo features 9ft ceilings and an ideal floor plan with spacious livingrm / diningrm area (access to all season Covered patio facing the courtyard) high end kitchen (tons of Quartz counters / bar stool island / stainless appliances) Master suite features his / her closets & gorgeous spa styled 4 piece ensuite. (id:48205)

2 Bedroom 2 Bathroom 859 sqft
For sale
$599,000
307 33546 HOLLAND AVENUE, abbotsford, British Columbia

307 33546 Holland Avenue

Abbotsford, British Columbia

Welcome to The Tempo, Central Abbotsford living at its finest. This oversized 2 bed, 2 bath features a large den that can be converted into a bedroom by simply adding a storage solution. With over 1100 sq/ft of interior living space this home is larger than some townhomes. Tastefully upgraded with new smart light fixtures, upgraded flooring and smart electric blinds. Kitchen features large island, new cabinets, with fully replaced appliance package. This home features large windows with tons of natural light coming through, especially in the open living area situated on the North East corner of the building. Mountain views from the living space and large patio. Location close to all shopping, dining and recreation. Very easy access to highway 1. Includes storage and parking. (id:48205)

2 Bedroom 2 Bathroom 1102 sqft
For sale
$598,800
315 31158 WESTRIDGE PLACE, abbotsford, British Columbia

315 31158 Westridge Place

Abbotsford, British Columbia

2 bedroom 2 bathroom corner unit in over 1000sqft - Welcome home to Elmstone at the outstanding Westerleigh Masterplanned Community by Polygon! This bright and beautiful home boasts open concept living, loads of natural light, a huge covered patio & panoramic mountain views on the quiet side of the building. This sought after floor plan includes an incredible primary suite & generous second bedroom. The kitchen offers space & functionality rarely found in condo living with a full size island, stone counters, full SS appliances & loads of storage thanks to custom builder-added pantry. Enjoy the multitude of resort-style amenities at the exclusive "Club West" including outdoor pool & lounge, gym, billiards, guest suite, screening room, pet wash, hockey court and more! This fantastic West Abbotsford location is steps to all levels of school & the Discovery Trail with plenty of shopping and dining nearby. 2 side by side parking and storage locker included. Call today to learn more! *OPEN SAT JUNE 15 3-5* (id:48205)

2 Bedroom 2 Bathroom 1014 sqft
For sale
$598,800
417 32729 GARIBALDI DRIVE, abbotsford, British Columbia

417 32729 Garibaldi Drive

Abbotsford, British Columbia

Welcome to the Classic Elegance of Garibaldi Lane! This open concept top-floor 2 bdrm 2 bath 1282sqft penthouse features huge windows for lots of natural light, gorgeous hardwood flooring, 9' ceilings w/crown molding, etc. Spacious kitchen w/ beautiful maple cabinets, granite counter tops, s/s appliances & island w/room for barstools. Cozy up to your stone surrounded fireplace throughout your main living area. Enjoy huge primary suite w/ walk-in closet and 5 piece ensuite w/ heated floor. Large storage/laundry room w/stacker washer/dryer, extra large hot water tank & lots of shelving throughout. Includes 2 underground side by side parking stalls & storage locker. Pets allowed w/ rest. Located in the heart of Abbotsford! Close to shopping, restaurants, recreation, golf course & more. (id:48205)

2 Bedroom 2 Bathroom 1282 sqft
For sale
$595,900
904 3150 GLADWIN ROAD, abbotsford, British Columbia

904 3150 Gladwin Road

Abbotsford, British Columbia

Welcome to this updated 2 bed, 2 bath condo featuring stunning mountain views. This upper corner unit has been enhanced with new floors, blinds, countertops, light fixtures, and fresh paint. Enjoy a range of fabulous amenities including a pool, hot tub, guest suites, games room, and exercise room. The lovely gardens and outdoor space, complete with picnic tables, add to the serene environment. This condo includes 2 parking spots and a storage locker, making it ideal for practical living. It caters to a 55+ community with no pets allowed and is rentable, ensuring a peaceful and luxurious living experience. Additional perks include visitor and RV parking, a newer elevator, and updated windows around the pool area. Easy to view with quick possession possible - don't miss out! (id:48205)

2 Bedroom 2 Bathroom 1145 sqft
For sale
$585,000
305 32838 LANDEAU PLACE, abbotsford, British Columbia

305 32838 Landeau Place

Abbotsford, British Columbia

Why pay for 3 Bedroom when you have a den almost 65 square feet as good as a room. Set in the heart of Abbotsford's City Centre, Heinrichs Developments introduces a new landmark for urban living. Inspired by contemporary architecture and Scandinavian design, this apartment offers open concept floor plans featuring stainless steel appliances, polished quartz countertops, and modern cabinetry. 2 great size bedroom with 2 washrooms and Den. Good size balcony for cozy family time. This beautiful home is centrally located, opposite Superstore and steps from SevenOaks Shopping Centre and minutes from Abbotsford's historic downtown core along with the picturesque trails surrounding Mill Lake Park. BONUS - comes with 2 parking 1 of which is with EV Charger. (id:48205)

2 Bedroom 2 Bathroom 1028
For sale
$583,999
306 2649 JAMES STREET, abbotsford, British Columbia

306 2649 James Street

Abbotsford, British Columbia

Welcome to the TERRAZZO! This stunning like new condo is a 2 bed/2 bath plus den & large SOLARIUM! Located in the heart of Abbotsford close to everything and this beautiful unit is situated on the quiet side of the building. Featuring a spacious open concept living space with custom automated blinds. The kitchen has stainless steel Samsung Appliances plus a gas range and quartz countertops. The gorgeous solarium is an incredible bonus and extra living space with retractable glass panels so can be used year round! Natural gas bbq outlet conveniently in a separate space. Walking distance to shopping, transit & recreation, plus close Hwy 1 access. This one is a must see! Call today for a private viewing! (id:48205)

2 Bedroom 2 Bathroom 1084
For sale
$579,000
23 2081 WINFIELD DRIVE, abbotsford, British Columbia

23 2081 Winfield Drive

Abbotsford, British Columbia

Meticulous and charming 2 bdrm, 2 bath, one level living in Ascot Hills, East Abbotsford. End unit provides extra convenience and privacy. The entire home has been completely re-painted in earth tones, with new flooring in hallways, baths and kitchen areas. New kitchen appliances, as well as recently updated heating system, and new windows. Huge living room, with gas fireplace, large bayed windows and french door, leading to private patio and backyard area. Gated complex, Clubhouse including gym, library, sauna, a guest suite, which can be rented, and RV parking completes the basis for a perfect lifestyle. Close to shopping, and all amenities. Quick freeway access. (id:48205)

2 Bedroom 2 Bathroom 1068 sqft
For sale
$575,000
401 2772 CLEARBROOK ROAD, abbotsford, British Columbia

401 2772 Clearbrook Road

Abbotsford, British Columbia

1300 Square Foot Penthouse! That's right, this top floor unit in the Brookhollow Estates has a sprawling floor plan that you do not see every day. This unit contains 2 spacious bedrooms with an oversized ensuite w/ jacuzzi tub off the master bedroom, with an additional bathroom across the hall. Vaulted ceilings and peekaboo views of the mountains in the main living area makes for a grand showcase. You are close to many amenities such as the Seven Oaks Mall, and many fine dining options thanks to the central location of this building. Come for a viewing today before it is gone. (id:48205)

2 Bedroom 2 Bathroom 1310 sqft
For sale
$574,900
210 32729 GARIBALDI DRIVE, abbotsford, British Columbia

210 32729 Garibaldi Drive

Abbotsford, British Columbia

Discover serenity in this exquisite 2-bed condo nestled in Garibaldi Lane. Impeccable finishes and plenty of light complement the space, featuring oversized crown moldings, 9' ceilings, plank hardwood floors, and granite countertops. Indulge in luxury with a lavish 2-person soaker tub, heated floor in the en suite, stand-up shower, and double sink vanity. Enjoy the convenience of a den, in-suite storage PLUS storage locker and 2 parking spots within the secured gated complex. Experience a lifestyle of comfort and sophistication, perfectly situated near all essential amenities. 2 Pets and families welcome! Call today ! A must see! (id:48205)

2 Bedroom 2 Bathroom 1100 sqft
For sale
$574,900
604 32838 VENTURA AVENUE, abbotsford, British Columbia

604 32838 Ventura Avenue

Abbotsford, British Columbia

Welcome to Ventura! A fantastic nearly new 2-bedroom, 2-bath modern haven that exudes warmth and impeccable maintenance and on the top floor! With 9' ceilings and an open concept design, it maximizes natural light for an inviting atmosphere. Positioned in a prime location, this property isn't just a home; it's a lifestyle. Clean, new, pet-friendly, and offering a dedicated dog wash station, this unit combines convenience and style. Enjoy a well-equipped gym and a storage locker for added perks. Seize the chance to make this yours! Call your realtor for a viewing and embrace the best of Abbotsford living! (id:48205)

2 Bedroom 2 Bathroom 865
For sale Open House
$569,700
314 33820 SOUTH FRASER WAY, abbotsford, British Columbia

314 33820 South Fraser Way

Abbotsford, British Columbia

Welcome to Montvue Living! Enjoy all the elements of modern living while still experiencing a traditional feel in your spacious home nestled in Historic Downtown Abbotsford. Montvue is located within walking distance of locally owned shops, boutiques, restaurants, cafes, and service providers. As one of Abbotsford's oldest communities, the Historic Downtown core provides the perfect atmosphere for families, downsizers, and young couples who are looking to enjoy life to the fullest! Estimated completion date is 2026 and rentals are allowed. Presentation Centre is located at #400 - 2060 McCallum Rd, Abbotsford. (id:48205)

2 Bedroom 2 Bathroom 822 sqft
For sale
$569,000
106 2242 WHATCOM ROAD, abbotsford, British Columbia

106 2242 Whatcom Road

Abbotsford, British Columbia

Welcome to the Waterleaf! Step into Unit 106, a well kept condo that exudes modern elegance and comfort. This haven features 2 cozy bedrooms and 2 bathrooms, complemented by a rare walkout onto green space. Dive into a world of leisure with the inviting outdoor pool, unwind in the bubbling hot tub, or host your friends and family in the vibrant amenities room. Keep your wellness routine on track in the fitness room whether it's cardio, squats or pull ups the Waterleaf gym will keep you in shape. This is not just a condo; it's a lifestyle upgrade waiting for you! (id:48205)

2 Bedroom 2 Bathroom 875 sqft
For sale
$568,800
210 31158 WESTRIDGE PLACE, abbotsford, British Columbia

210 31158 Westridge Place

Abbotsford, British Columbia

Experience the urban living at Elmstone, where every moment is an invitation to embrace luxury. Step into this charming 2 BD/1BA condo, where sunlight dances through windows, casting a warm glow over every corner. Entertain in the modern kitchen or retreat to the spacious balcony for both morning coffee & evening relaxation. Mast suite with its walk-in closet & a great ensuite. Convenience is key with a designated parking spot located near the elevator. And the fun doesn't stop there. Residents are treated to 9,000 sqft of amenities, from splashing around in the pool to unwinding in the hot tub or getting your heart pumping in the fitness centre. Nestled near Rick Hansen Secondary, with effortless access to highways and the Highstreet Shopping Centre.Open House Saturday & Sunday 2-4pm (id:48205)

2 Bedroom 2 Bathroom 879 sqft
For sale
$564,900
309 33485 SOUTH FRASER WAY, abbotsford, British Columbia

309 33485 South Fraser Way

Abbotsford, British Columbia

Welcome to Citadel Ridge. Rarely on market. original owners. 3rd floor corner unit with Mt. Baker View. 1252 sq.ft. 2 bdrms with ensuite. Double enclosed garage in secure underground parking. Lots of visitor parking with easy access. Don't miss out. (id:48205)

2 Bedroom 2 Bathroom 1252 sqft
For sale
$560,000
510 32838 VENTURA AVENUE, abbotsford, British Columbia

510 32838 Ventura Avenue

Abbotsford, British Columbia

Welcome to Ventura - Community of just 70 homes located in the City Centre of Abbotsford. Featuring a 2-bed, 2-bath, 2 parking unit. Gorgeous, TOP FLOOR spacious unit with large windows, letting in lots of natural light. Open den perfect for an office. Kitchen with butler pantry, extra linen closet & quartz countertop in unit. The amenities feel like home. The Ventura's amenities shine, offering a gym, dog wash station, bike room, party room, covered gathering area with a fire pit, lush grassed space, and a covered BBQ area for gatherings. Centrally located, it's a stone's throw from transit, shopping, and recreation. Please send a message to coordinate an appointment. (id:48205)

2 Bedroom 2 Bathroom 865
For sale
$559,900
35 3380 GLADWIN ROAD, abbotsford, British Columbia

35 3380 Gladwin Road

Abbotsford, British Columbia

The Good Life lived at Forest Edge! A well maintained 55+ Townhouse Complex bordering Greenbelt. This level entry Rancher with a full basement that walks out level to backyard. Lots of daylight in Kitchen with eating nook. 2 bedrooms, a 2 bathrooms and Laundry on main floor. 3rd bedroom, bathroom and recroom in daylight walkout basement. 1 pet allowed, cat or dog. Size limit 14 inches to shoulder at maturity. Home is in original condition, ready for your renewal ideas. Bylaws state Occupancy limit is 3 persons, 55 years age limit applicable. 2 parking spaces, 1 in carport, 1 outside. (id:48205)

3 Bedroom 3 Bathroom 2324 sqft
For sale
$559,000
402 2649 JAMES STREET, abbotsford, British Columbia

402 2649 James Street

Abbotsford, British Columbia

Immaculate unit in the heart of the city! This luxurious 2 Bedroom + Den & 2 Bathroom unit features a large solarium deck with retractable glass panels, natural gas BBQ outlet that can be used year-round. The gourmet kitchen offers quartz counters, stainless steel Samsung appliances, a natural gas convection oven with front controls, and a full height tile backsplash for easy cleaning. The primary bedroom features a large walk in closet and spa like ensuite. Walking distance to transit, shopping centers, restaurants and easy access to the highway. (id:48205)

2 Bedroom 2 Bathroom 1084 sqft
For sale
$559,000
321 31158 WESTRIDGE PLACE, abbotsford, British Columbia

321 31158 Westridge Place

Abbotsford, British Columbia

This 2 bed 2 bath apartment residence. Home features a bright open living space, warm wood laminate flooring. Enjoy mountain views on your deck off the living area. The gourmet kitchen with stainless steel appliances, engineered stone countertops and a spacious central island - perfect for entertaining. The master ensuite with tile flooring, dual vanity sinks and spa shower with integrated bench seating and much more. (id:48205)

2 Bedroom 2 Bathroom 861
For sale
$555,000
#102 2038 SANDALWOOD CRESCENT, abbotsford, British Columbia

#102 2038 Sandalwood Crescent

Abbotsford, British Columbia

Discover the largest unit in The Element! This ground floor condo was the former show home for the development and includes 2 spacious bedrooms and 2 bathrooms, including one beautifully updated. Enjoy the luxury of no shared walls and unique private access, bypassing the main entrance. The expansive wrap-around covered patio is perfect for outdoor living. Inside, you'll find a heat pump, modern lighting, and a large laundry room with storage and brand new washer and dryer. A rare find, this unit includes three underground parking spots. Plus, visitor parking is right outside. Minutes from Abbotsford Regional Hospital, it's ideal for doctors or nurses. All this for under $600K. Don't miss out on this unique opportunity! (id:48205)

2 Bedroom 2 Bathroom 1111 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