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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
$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
For sale
$639,700
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 sqft
For sale
$639,000
211 3182 GLADWIN ROAD, abbotsford, British Columbia

211 3182 Gladwin Road

Abbotsford, British Columbia

Luxury condo living nestled in the forest. Welcome to Natura at Horn Creek Park. This STUNNING 2 bed, 2 bath condo has been meticulously maintained and backs onto a tranquil greenbelt. Enjoy a modern kitchen that offers stainless steel appliances, oversized kitchen peninsula with quarts counter tops and quality soft close cabinetry. Bright open concept design boasting a large laundry room with storage, built in AC units in the living room and primary suite. Enjoy resort-style amenities include community garden plots, a Rooftop Lounge and Terrace, Park Terrace and Lounge that backs onto Horn Creek park. Pristine walking trails steps away from your door and centrally located to all amenities that Abbotsford has to offer. Pet friendly with restrictions. (id:48205)

2 Bedroom 2 Bathroom 887 sqft
For sale
$639,000
415 2860 TRETHEWEY STREET, abbotsford, British Columbia

415 2860 Trethewey Street

Abbotsford, British Columbia

Welcome to La Galleria! One of the most desired and sought after buildings in all of Abbotsford. This home features 2 bedrooms + Large den and 2 bathrooms. The BIG BONUS is 2 PARKING STALLS! Along with in-suite laundry and a large storage locker. This home has many more features such as, gourmet kitchen with s/s appliances, french door fridge with ice maker, built in microwave, granite counter tops, gas stove & BBQ connection on the beautiful balcony, air conditioner all throughout heated floor bathrooms and plank laminate floors. Centrally located and walking distance to all levels of schools, shopping, grocery stores, restaurants & Highway 1 for commuters! This one won't last long, book your private showing today! (id:48205)

2 Bedroom 2 Bathroom 1170
For sale
$635,000
205 32445 SIMON AVENUE, abbotsford, British Columbia

205 32445 Simon Avenue

Abbotsford, British Columbia

Welcome to La Galleria, where this stunning south-facing 2-bedroom plus den, 2-bathroom condo awaits you. Nestled in a serene inside unit, this 1,269 sq. ft. home offers the perfect blend of comfort and luxury. Step into the spacious living area, where you'll find a gourmet kitchen equipped with a beautiful gas range. The master bedroom features a spa-like ensuite, perfect for unwinding after a long day. Enjoy the added convenience of a built-in wall safe, air conditioning, and a gas BBQ hookup for those summer gatherings. The large solarium floods the space with natural light, providing a versatile area for relaxation or entertaining. This condo also comes with two parking stalls and a sizable storage locker, ensuring ample space for all your needs. Don't miss out on this opportunity! (id:48205)

2 Bedroom 2 Bathroom 1283 sqft
For sale
$634,000
250 32550 MACLURE ROAD, abbotsford, British Columbia

250 32550 Maclure Road

Abbotsford, British Columbia

Welcome to the Clearbrook Village!! One of Abbotsford's most cherished townhomes! Ideal for the first-time homeowner - very affordable & LOW STRATA FEE is the number one reason for this complex's popularity and demand. Very neat & clean has 3 bedrooms & 1 1/2 bathroom also a private fenced backyard. This unit is in a great location with no one behind and near a cute little playground. Lots of Visitor parking. Located in Central Abbotsford, walking distance to Abbotsford's Schools at all levels, Rotary Stadium, Public Library, Grocery Stores, and Much more! RENTALS ALLOWED! Call today for your private showing. (id:48205)

3 Bedroom 2 Bathroom 1211 sqft
For sale
$629,999
12 3030 TRETHEWEY STREET, abbotsford, British Columbia

12 3030 Trethewey Street

Abbotsford, British Columbia

Centrally located corner unit townhouse in Clearbrook village with 3 Bedrooms and 2 Bathrooms. Located near shopping, Schools, Library, Public transport, Rotary Stadium and much more. Everything is within walking distance. This unit also features a fenced backyard that ensures plenty of private space. (id:48205)

3 Bedroom 2 Bathroom 1224
For sale
$629,900
224 31158 WESTRIDGE PLACE, abbotsford, British Columbia

224 31158 Westridge Place

Abbotsford, British Columbia

Welcome to Elmstone by Polygon! An innovative & luxurious Master Planned Community in Abbotsford West. This pristine 1155 SF 2 Bed/2 Bath corner unit showcases a contemporary open-concept layout w/ a flood of natural light through the expansive windows, 2 spacious balconies, & satellite bedrooms on each side. The state-of-the-art kitchen, equipped with S/S appliances & quartz countertops, which includes a massive island ideal for entertaining. Convenience is key with storage on the same floor + 2 parking located near the elevator. The fun doesn't stop there as you are treated to a 9000 SF amenities from splashing around in the pool to unwinding in the hot tub, or getting your heart pumping in the fitness centre, this home has it all. Open House Sat/Sun 2-4 PM. (id:48205)

2 Bedroom 2 Bathroom 1155 sqft
For sale
$629,900
303 2860 TRETHEWEY STREET, abbotsford, British Columbia

303 2860 Trethewey Street

Abbotsford, British Columbia

Your new home search stops here! Welcome to La Galleria! This 2 bed 2 bath unit with den has every possible amenity. The stunning kitchen boasts S/S appliances, quartz countertops, & breakfast bar. Enjoy the spacious living room, which opens to a large, fully enclosed sundeck, providing exceptional indoor & outdoor living space. The primary bedroom features a private ensuite with double sinks, a large stand-up shower & walk-in closet. The 2nd bedroom also includes its own walk-in closet. The home office is ideal for entrepreneurs. Additional conveniences include in-suite laundry, 2 parking spots with an attached storage space, activity room & fitness center. Located just steps away from the town's best restaurants & shopping! Don't wait; book your private viewing today! (id:48205)

2 Bedroom 2 Bathroom 1060 sqft
For sale
$629,900
312 2649 JAMES STREET, abbotsford, British Columbia

312 2649 James Street

Abbotsford, British Columbia

Introducing Terrazzo Condos, located in the peaceful and highly sought-after neighborhood of West Abbotsford. This 2-bedroom, 2 bathroom unit, featuring a 9' high ceiling, extended height kitchen cabinets, and Quartz countertops. The unit spans 1054 square feet includes a large glass solarium deck, adding a delightful touch to the living space. Additionally, the property offers 1 secure underground parking space and 1 spacious storage locker. Enjoy the convenience of nearby parks, schools, shopping, and dining, all within walking distance. Water and hot water are included in the strata fee. A must-see opportunity! (id:48205)

2 Bedroom 2 Bathroom 920 sqft
For sale
$629,000
199 32550 MACLURE ROAD, abbotsford, British Columbia

199 32550 Maclure Road

Abbotsford, British Columbia

Best Location in west Abbotsford. Beautiful family unit in CLEARBOOK VILLAGE. This unit features has 3 bedrooms up & bathroom and Main floor has living room, den, Kitchen and attached carport, handy storage room and fenced yard Extremely central location just blocks from all 3 levels of school, Rotary Stadium, Matsqui Rec Centre, Public Transportation, Shopping, and other amenities. Call for personal Viewing........ (id:48205)

3 Bedroom 2 Bathroom 1205 sqft
For sale
$628,888
416 3182 GLADWIN ROAD, abbotsford, British Columbia

416 3182 Gladwin Road

Abbotsford, British Columbia

Life in the Forest at Natura , Experience the tranquility of forested surroundings while being only minutes away from the town center's shopping district. Nestled within a central gated community, this distinctive and spacious 948 square foot residence offers 2 bedrooms and 2 baths on the 4th floor, featuring 9-foot ceilings that allow ample natural light to fill the space. Step out onto 75-foot patio to enjoy the surroundings. This thoughtfully designed home boasts a modern and stylish gourmet kitchen with premium stainless steel appliances, sleek contemporary trim and lighting, as well as air conditioning in the living room and more. On-site resort-style amenities include community garden plots, a Sky Lounge and Terrace, Park Terrace and Lounge that back onto Horn Creek park. (id:48205)

2 Bedroom 2 Bathroom 948 sqft
For sale
$625,000
312 1514 MCCALLUM ROAD, abbotsford, British Columbia

312 1514 Mccallum Road

Abbotsford, British Columbia

First time home buyer/Investor Welcome to Cinema District, By Diverse Properties located walkable to UFV Abbotsford. Situated near a vibrant array of retail outlets, restaurants, Abbotsford Centre and the home of the Abbotsford Canucks, Close to all convenience and Entertainment. This unit has 2 bedrooms & 2 full baths. W/I Closet in Master bedroom . This unit has 1 designated under ground parking spots & a personal locker. Appliances include: Stainless Steel Fridge, Stove, Dishwasher, Microwave, Washer Dryer. 2" wood blinds. 1Easy 2 minutes access to Hwy #1 with a 20 minutes drive to Langley ,This is very well kept and clean fresh painted ready to move in unit, Do not miss this opportunity (id:48205)

2 Bedroom 2 Bathroom 892 sqft
For sale
$625,000
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
$621,700
1 32310 MOUAT DRIVE, abbotsford, British Columbia

1 32310 Mouat Drive

Abbotsford, British Columbia

MOUAT GARDENS! CORNER UNIT- Perfect Family Town home in one of the great neighborhoods of West Abbotsford. Friendly complex with no age restrictions. This unit features good size 3 bedrooms/ 2 bathrooms, bright living room with tons of windows, dining area, kitchen, in suite laundry, sundeck on upper floor and a great size fenced backyard for entertainment. Close to schools, shopping, restaurant, Rotary Stadium, public transit & easy access to freeway. (id:48205)

3 Bedroom 2 Bathroom 1224 sqft
For sale
$620,000
103 2649 JAMES STREET, abbotsford, British Columbia

103 2649 James Street

Abbotsford, British Columbia

Discover the TERRAZZO, a like-new condo in the heart of Abbotsford! This 2-bed, 2-bath plus den and solarium retreat features: - Open-concept living with blinds and sleek kitchen - Stainless steel Samsung appliances, gas range, and quartz countertops - Stunning solarium with retractable glass panels - Natural gas BBQ outlet and convenient access to amenities and Highway 1 Don't miss this incredible opportunity! Schedule a private viewing today! https://www.youtube.com/watch?v=EPIo7pWswFI (id:48205)

2 Bedroom 2 Bathroom 1068 sqft
For sale
$619,900
78 34248 KING ROAD, abbotsford, British Columbia

78 34248 King Road

Abbotsford, British Columbia

Popular "Argyle" complex within walking distance to Universicty of Fraser Valley & huge Abbotsford Entertainment center. Over 1,200 s/f. 2 bedrooms & 3 bathrooms. Great open concept includes kitchen with granite center island, eating bar & stainless steel appliances. Large deck off livingroom. Master bedroom has large closet and oversized shower. High ceilings. Engineered hardwood throughout main floor. Tankless continuous hot water. High efficiency heating system. Double garage, tandem deep. Some flooring needs replacing. Great complex. Priced to sell fast. Quick possession possible. (id:48205)

2 Bedroom 3 Bathroom 1207 sqft
For sale
$619,900
503 32838 LANDEAU PLACE, abbotsford, British Columbia

503 32838 Landeau Place

Abbotsford, British Columbia

This bright, spacious, mountain view home with 2bed 2bath+den that is large enough to function as a 3RD BEDROOM. Room for king sized beds, 1 room with walk-in-closet, other bedroom has large closet. Modern kitchen is equipped with high end appliances, including Fisher & Paykel fridge. Rare walk-in laundry room with stackable washer & dryer. The Court is the definition of convenience & comfort: a quiet peaceful location with Seven Oaks Mall, Superstore, The Bay, restaurants, recreation, & other necessities steps away. The Court also boasts a large relaxing courtyard w/ a screen for movie projection. Comes with 2 side-by-side, full sized parking spaces and an enclosed storage room. Multiple shared EV chargers & bike room in the parkade for residents. Private viewings available. (id:48205)

2 Bedroom 2 Bathroom 998
For sale Open House
$615,000
311 2120 GLADWIN ROAD, abbotsford, British Columbia

311 2120 Gladwin Road

Abbotsford, British Columbia

Enjoy charcuterie and bubbly on June 30 12-2 PM as you tour this fully furnished, move-in ready home! This meticulously maintained home boasts 2 beds plus a den, complete with a walk-in closet, along with 2 baths and high ceilings. Experience contemporary living with top-notch features such as stainless steel appliances, a gas stove, air conditioning, and sleek quartz countertops. Ideally situated in close proximity to the vibrant Seven Oaks Shopping Centre, Abbotsford Hospital, schools, an array of dining options, and Mill Lake Park, this location caters to every lifestyle need. This home epitomizes the perfect balance of accessibility and serenity. Whether you're seeking an investment opportunity or searching for your dream home, this fully furnished and equipped residence awaits you! (id:48205)

2 Bedroom 2 Bathroom 890 sqft
For sale Open House
$599,900
318 32729 GARIBALDI DRIVE, abbotsford, British Columbia

318 32729 Garibaldi Drive

Abbotsford, British Columbia

Experience tranquility in this stunning 2-bedroom condo located in the peaceful setting of Garibaldi Lane. The space is enhanced with high-quality finishes and abundant natural light, showcasing elegant crown moldings, high ceilings, and beautiful granite countertops. Luxuriate in the lavish en suite bathroom with a spacious 2-person soaker tub, heated floors, a stand-up shower, and a double sink vanity. New stunning light fixtures and S/S appliances Additional perks include in-suite storage, 1 parking spot, and extra storage within the secure gated complex. Live in comfort and style, surrounded by essential amenities. Pets and families are welcome to this exceptional property. Don't miss out, call today to schedule a viewing! (id:48205)

2 Bedroom 2 Bathroom 1156 sqft
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. **OPEN HOUSE Sunday June 23 from 1:00-3:00pm** (id:48205)

2 Bedroom 2 Bathroom 871 sqft
For sale Open House
$599,900
213 32838 VENTURA AVENUE, abbotsford, British Columbia

213 32838 Ventura Avenue

Abbotsford, British Columbia

Open house : Sunday June 30th 2-4 pm 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
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
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
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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