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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
$5,377,777
5725 RIVERSIDE STREET, abbotsford, British Columbia

5725 Riverside Street

Abbotsford, British Columbia

2 Homes, 2 storage sheds and income producing blueberry planted field on 27.88 acres located only 8 mins drive from Abbotsford. Main house is 7800 sq.ft. with 14 bedrooms & 12 bathrooms. This house is suited for two families with 2 kitchens upstairs and downstairs has additional two bedroom suites. 2nd home approx. 2900 sq.ft. built in 2009 has 10 ft ceiling with 3 bedrooms and 4 bathrooms. Detached 5 car garage/storage and 40 ft by 38 ft shed for farm machinery storage. Both homes are on city water and city sewer. This well maintained and machine pick field is planted in Duke, Blue crop, Elliott, & Reka varieties of blueberry. Easy access to Hwy 11, Hwy 1 & USA Border crossing from Sumas Way. (id:48205)

For sale
$5,324,750
1033 YORK ROAD, abbotsford, British Columbia

1033 York Road

Abbotsford, British Columbia

63.25 ACRES WITH HOME / SHOP / BARNS. Quiet and private setting on York Road, just off Vye Road / Highway 11, near the US Border, Costco and easy access to Highway 1. Home totals 3,683 square feet with 4 bedrooms, 3 bathrooms, sunken living room w/ gas f/p, rec room, playroom, plus additional bonus space for a theatre room. Excellent covered patio/yard space, plus concrete pad for basketball or hockey! 132' x 256' multi-bay barn with drive-through alleys. The farm has been renovated to operate with 3 DeLaval robotic milking stations. Approx. 250 comfort stalls, additional pens, and 3000 US Gallon stainless steel milk tank. 80' x 100' dual bay silage bunker, 60' x 60' storage shop and 40' x 80' horse barn with heated tack room. Around 55,900 sq/ft of covered floor space. Bring your ideas! (id:48205)

4 Bedroom 3 Bathroom 3683
For sale
$5,324,750
1033 YORK ROAD, abbotsford, British Columbia

1033 York Road

Abbotsford, British Columbia

63.25 Acres for sale with barns, shop, horse barn, and family home. Around 55,900 sqft. of covered floor space. Quiet and private setting on York Road, just off Vye Road/Highway 11, near the US Border, Costco, and easy access to Highway 1. Home totals 3,683 square feet with 4 bedrooms, 3 bathrooms, sunken living room w/gas f/p, rec room, playroom, and additional bonus space for a theatre room. Excellent covered patio/yard with concrete pad for basketball or hockey! 132' x 256' Multi-bay cow barn with drive-through alleys, with approx. 250 comfort stalls. The farm has been renovated to operate with 3 DeLaval robotic milking stations. 3,000 US Gallon stainless steel milk tank along with all necessary pump and refrigeration systems. Standby generator, agitators, ventilation fans, feeding and watering systems in place. 80' x 100' dual bay silage bunker, 60' x 60' storage shop and 40' x 80' horse barn with heated tack room. (id:48205)

For sale
$5,199,900
34211 HALLERT ROAD, abbotsford, British Columbia

34211 Hallert Road

Abbotsford, British Columbia

Located in the heart of Matsqui, this 38.54 acre property presents a rare opportunity to acquire this amazing Parcel. Conveniently positioned just off the Abbotsford-Mission highway, with frontages on both Hallert and Bell Road, this property boasts exceptional accessibility. A substantial portion of the land, totaling 35 acres, is dedicated to thriving blueberry cultivation. Enhancing its appeal, the property features a charming 6-bedroom, 4-bathroom home, meticulously designed for both comfort and functionality. Moreover, the property includes 4 generously-sized barns, offering versatile options for personal storage, equipment maintenance, or rental income. With over 15,000 sq ft of barn space potentially capable of generating more than $10,000 in monthly rental income. (id:48205)

6 Bedroom 4 Bathroom 2871
For sale
$5,199,900
34211 HALLERT ROAD, abbotsford, British Columbia

34211 Hallert Road

Abbotsford, British Columbia

Located in the heart of Matsqui, this 38.54 acre property presents a rare opportunity to acquire this amazing Parcel. Conveniently positioned just off the Abbotsford-Mission highway, with frontages on both Hallert Rd and Bell Road, this property boasts exceptional accessibility. A substantial portion of the land, totaling 35 acres, is dedicated to thriving blueberry cultivation. Enhancing its appeal, the property features a charming 6-bedroom, 4-bathroom home, meticulously designed for both comfort and functionality. Moreover, the property includes 4 generously-sized barns, offering versatile options for personal storage, equipment maintenance, or rental income. With over 15,000 sq ft of barn space potentially capable of generating more than $10,000 in monthly rental income. (id:48205)

For sale
$4,990,000
2245 ROSS ROAD, abbotsford, British Columbia

2245 Ross Road

Abbotsford, British Columbia

Discover Abbotsford's hidden treasure, a vast 15.45-acre of unbridled freedom now awaits your vision for a new chapter. Whether you envision a peaceful rural retreat, a cozy farmhouse escape, or a smart investment amidst ongoing developments, the possibilities are endless. Enjoy the tranquility of countryside living just minutes away from the Hwy No 1 airport and bustling business hub. Abbotsford's Pearl is not just land; it's an open invitation for you to shape a unique and promising future in this vibrant community. (id:48205)

5 Bedroom 4 Bathroom 1652
For sale
$4,890,000
3155 BRADNER ROAD, abbotsford, British Columbia

3155 Bradner Road

Abbotsford, British Columbia

LOCATION! LOCATION! LOCATION! This stunning East facing 2 stories house has 4 beds and 3 baths, this under 10 acre hobby farm is located in West Abbotsford, the land is relatively flat, close to schools, shopping, parks, public transport, fraser highway and trans Canada highway. This property is producing some income from 3 acres of Duke berry and some rental income (ask for more details). Well is drilled for irrigation and berry can be extended on 3 more acres. This house has a potential for 2 bedrooms BSMT suite for mortgage helper. It has roads frontage for easy access for large vehicles, a large 30x70 metal clad workshop/barn and 2 covered patios to entertain guests. CONTACT FOR A PRIVATE VIEWING. (id:48205)

4 Bedroom 3 Bathroom 2571
For sale
$4,890,000
3155 BRADNER ROAD, abbotsford, British Columbia

3155 Bradner Road

Abbotsford, British Columbia

LOCATION! LOCATION! LOCATION! This stunning East facing 2 stories house has 4 beds and 3 baths, this under 10 acre hobby farm is located in West Abbotsford, the land is relatively flat, close to schools, shopping, parks, public transport, fraser highway and trans canada highway. This property is producing some income from 3 acres of Duke berry and some rental income (ask listing realtor for more details). Well is drilled for irrigation and berry can be extended on 3 more acres. This house has a potential for 2 bedrooms BSMT suite for mortgage helper. It has roads frontage for easy access for large vehicles, a large 30x70 metal clad workshop/barn and 2 covered patios to entertain guests. CONTACT FOR A PRIVATE VIEWING. (id:48205)

For sale
$4,888,000
27911 56 AVENUE, abbotsford, British Columbia

27911 56 Avenue

Abbotsford, British Columbia

THRIVING 10-ACRE BLUEBERRY FARM! Great holding/Revenue Producing Property! Just a block away from Gloucester Industrial Center & 2 minutes Hwy #1 & 264 St interchange with possible future development potential. Neighbors include Amazon, EV logistics, General Motors, John Deere, Keystone Canada..etc. Currently zoned A1, Multiple revenue sources including a thriving full-production blueberry farm, 2-rental homes, a machine shop, a greenhouse & fully leased truck compound. 8.5 acres of healthy mature 7 to 10-year-old Bluecrop & Duke varieties plants. The fields have great soil composition, are well-drained with gentle slopes & are meticulously maintained. Don't miss out on this exceptional opportunity to secure your piece of Abbotsford's thriving market! PUT THIS ON YOUR MUST VIEW LIST! (id:48205)

3 Bedroom 2 Bathroom 1442
For sale
$4,888,000
27911 56 AVENUE, abbotsford, British Columbia

27911 56 Avenue

Abbotsford, British Columbia

INVESTMENT OPPORTUNITY! This is 10-acre revenue-producing property is strategically located bordering the expanding Gloucester Industrial Area & just minutes from the Hwy 1 & 264 St interchange. Explore the potential for future development. Current zoned A1, this property operates as a thriving full-production blueberry farm, ensuring sound returns on investment. With 8.5 acres of meticulously maintained fields boasting clean & healthy 7 to 10-year-old plants, including top-producing Bluecrop & Duke varieties, this property is a blueberry farmer's dream. The property is further enhanced by two homes; one residential & one mobile,. Additionally, it features essential amenities such as a machine shop, greenhouse & a fully graveled leased truck yard, opening up multiple revenue sources & expanding the investment's earning potential. Don't let this exceptional opportunity pass you by. Secure your piece of Abbotsford's thriving market & capitalize on the revenue-generating potential of this 10-acre property! (id:48205)

For sale
$4,850,000
38989 NO. 4 ROAD, abbotsford, British Columbia

38989 No. 4 Road

Abbotsford, British Columbia

2.39 ACRES located at the corner of No. 4 Road and South Parallel Road with high visibility from Highway #1 in Abbotsford. Featuring a 2,283 SQ/FT Home with 3 Bedrooms and 4 Bathrooms, and a 400 SQ/FT storage shed. Offers all utilities such as 3 Phase Power, City Water, Natural Gas, and Septic System. The main driveway access has been extended to 12 meters or 39.3 feet to accommodate large trucks for shipping and receiving. The Food Processing Facility is a fully steel structure that is 14,707 SQ/FT built in 2022. The facility contains a large open area of 10,478 SQ/FT area with an 18' Clearance, 600 SQ/FT Cold Storage, 600 SQ/FT Dry Storage, and 220 SQ/FT Shipping area with 1 Loading Dock, a Lunchroom, a Change Room, and a Washroom. PLEASE DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT. (id:48205)

2 Bedroom 4 Bathroom 2400
For sale
$4,850,000
38989 NO. 4 ROAD, abbotsford, British Columbia

38989 No. 4 Road

Abbotsford, British Columbia

2.39 ACRES located at the corner of No. 4 Road and South Parallel Road with high visibility from Highway #1 in Abbotsford. Featuring a 2,283 SQ/FT Home with 3 Bedrooms and 4 Bathrooms, and a 400 SQ/FT storage shed. Offers all utilities such as 3 Phase Power, City Water, Natural Gas, and Septic System. The main driveway access has been extended to 12 meters or 39.3 feet to accommodate large trucks for shipping and receiving. The Food Processing Facility is a fully steel structure that is 14,707 SQ/FT built in 2022. The facility contains a large open area of 10,478 SQ/FT area with an 18' Clearance, 600 SQ/FT Cold Storage, 600 SQ/FT Dry Storage, and 220 SQ/FT Shipping area with 1 Loading Dock, a Lunchroom, a Change Room, and a Washroom. PLEASE DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT. (id:48205)

For sale
$4,800,000
29065 TOWNSHIPLINE ROAD, abbotsford, British Columbia

29065 Townshipline Road

Abbotsford, British Columbia

4.66 ACRES-BRADNER-DREAMS REALLY DO COME TRUE!!! 4 BDRM RENOVATED 2 STOREY HOME-OUTSTANDING CAR SALON, MAN CAVE AND DREAM COACH HOUSE-HEATED SHOP-STORAGE. Paved drive thru gates to 4 bdrm 2 storey main home with modern upgrades from floor to ceiling, circle around to 5 yr old spectacular car salon with 5 large overhead doors PLUS one out back leading to patio with summer kitchen and wood stove, overlooking the pasture and Golden Ears Mountains.This building also features a one of a kind man cave and elegant coach house up. Side paved service driveway along privacy hedge that surrounds the property. Don't forget to see the heated shop and adjacent covered storage. The build and quality finishing throughout will make you want to call this home today! This price could not replace all that is here***ASK FOR FURTHER DETAILED INFORMATION DOCUMENT*** (id:48205)

4 Bedroom 3 Bathroom 2284
For sale
$4,800,000
35226 VYE ROAD, abbotsford, British Columbia

35226 Vye Road

Abbotsford, British Columbia

House & shop on 38.02 acres in Sumas Prairie! Updated and maintained rancher with basement totaling 2,575 sqft with 3 bedrooms and 2 bathrooms. 30' x 100' shop ideal for hobbies or storage. Excellent corner lot with road frontage along Vye and Angus Campbell. Flat and clear land ideal for dairy forage, fruits, or vegetables. (id:48205)

For sale
$4,750,000
7696 BRADNER ROAD, abbotsford, British Columbia

7696 Bradner Road

Abbotsford, British Columbia

20.9 ACRES-BRADNER-PANORAMIC VIEW-CUSTOM HOME-2 CONCRETE SHOPS-CITY WATER-Unbelievable value in this turnkey acreage.Beautifully renovated 4 bdrm 5000SF 2 storey home. 2 concrete shops separated by alleyway totalling approx 10,000SF INCLUDES fully finished mezzanine PLUS approved plans for additional 8200SF shop. 3 year old state of the art septic to service everything existing and planned for this property, backup generator, .Truly a unique offering to support any business and family living acreage experience.Within the ABBOTSFORD AgREFRESH PLAN so the opportunities are endless.Centrally located minutes from HWY#1, Fort Langley, Highpoint Shopping Center, Restaurants and Schools.BONUS 2nd road access at back of property.Price below Assessed Value! (id:48205)

4 Bedroom 5 Bathroom 4921
For sale
$4,750,000
7696 BRADNER ROAD, abbotsford, British Columbia

7696 Bradner Road

Abbotsford, British Columbia

20.9 ACRES-BRADNER-PANORAMIC VIEW-CUSTOM HOME-2 CONCRETE SHOPS-CITY WATER-Unbelievable value in this turnkey acreage. Beautifully renovated 4 bdrm 5000 SF 2 storey home. 2 concrete shops separated by alleyway totaling approx 10,000 SF INCLUDES fully finished mezzanine PLUS approved plans for additional 8200 SF shop. 3 year old state of the art septic to service everything existing and planned for this property, backup generator. Truly a unique offering to support any business and family living acreage experience. Within the ABBOTSFORD AgREFRESH PLAN so the opportunities are endless. Centrally located minutes from HWY #1, Fort Langley, Highpoint Shopping Center, Restaurants and schools. Bonus 2nd road access at back of property. Price below Assessed Value! (id:48205)

For sale
$4,575,000
494 SUMAS WAY, abbotsford, British Columbia

494 Sumas Way

Abbotsford, British Columbia

GREAT POTENTIAL 8.41 ACRES Property!! Excellent exposure to Sumas way with approximately 108 ft of frontage. PLUS 7,200 sq ft of warehouse with 16 feet ceiling, shop with 5 bay doors and 1 Acre Blueberry back. This 2 Storey renovated house has 5 bedrooms & 3 full Baths with open concept kitchen and dining room. Close to residential area and across from industrial area. Costco, Rona Store and US Border Nearby. Excellent for truck parking and operating a home business. Very rare property to find like this!! (id:48205)

5 Bedroom 3 Bathroom 2485
For sale
$4,500,000
37664 WELLS LINE ROAD, abbotsford, British Columbia

37664 Wells Line Road

Abbotsford, British Columbia

INVESTORS ALERT -- $18,000 PER MONTH RENTAL INCOME -- 39.89 Acres with 4,034 SQ/FT Renovated Rancher (not affected by floods), with 7 Beds/4 Baths, Outdoor Pool, City Water, and Natural Gas. The property includes a 3,850 SQ/FT Mechanic Shop with a Backup Generator. There is also a 3,600 SQ/FT Storage Building, and an additional 47,000 SQ/FT of Retired Hog Barns that could be converted to other purposes. The peat soil drains well and is ideal for growing any type of crop, or continuing the Farm Lease for Passive Rental Income along with Farm Status. Ideal location only minutes away from all City Amenities including Highway #1, USA Border, University, Costco, and Shopping. Call Jay for More Information! (id:48205)

7 Bedroom 4 Bathroom 4034
For sale
$4,500,000
6566 BRADNER ROAD, abbotsford, British Columbia

6566 Bradner Road

Abbotsford, British Columbia

A unique and rare opportunity to purchase a recently constructed home and large shop on a beautiful 9.97 acres. As you enter through the gates, you have a nice private setting surrounded by large evergreen trees. This beautifully constructed Rancher with basement, boast ICF-(insulated concrete form construction). You enter through the front door to a nice open concept , featuring wood beams and a dream kitchen. Primary bedroom on the main floor with a large ensuite and walk in closet. Out back you have a large patio to entertain with an inground pool/hot tub and pool house while you enjoy the privacy and the views. There is a large 3 bay detached workshop with potential to transform into a coach house. There is also a back up generator system. This property has huge equestrian potential. (id:48205)

3 Bedroom 4 Bathroom 4840
For sale
$4,499,000
29045 FRASER HIGHWAY, abbotsford, British Columbia

29045 Fraser Highway

Abbotsford, British Columbia

Offering prime exposure on Fraser Highway with 383 feet of frontage, this 5-acre property is a lucrative investment. A newly constructed 70x100 barn,with24 feet height coupled with the option for owners to rent it back. The small house, boasting updated roof and windows, generates $2000.00 per month in rental income. (id:48205)

2 Bedroom 1 Bathroom 1900
For sale
$4,395,000
34659 TOWNSHIPLINE ROAD, abbotsford, British Columbia

34659 Townshipline Road

Abbotsford, British Columbia

Nearly 30 Acre Blueberry Farm w/ RARE CALYPSO & DUKE VARIETY! Features 2880 sq/ft 4 bed & 2 bath home & approx. 2500 sq/ft detached workshop w/ large bay doors. Approx. 27.5 Acres are planted. The Duke variety is high producing planted at 1FT & in full production. Calypso variety has been laser levelled and professionally planted at 2.5FT. Large frontage, well drained & the house has plenty of privacy. Situated on a no thru street. An amazing location to BUILD YOUR DREAM HOME with picturesque mountain views. City Water! Amazing concrete driveway turnaround for truckers & located minutes to Hwy 11. DO NOT ENTER PROPERTY WITHOUT APPOINTMENT. (id:48205)

4 Bedroom 2 Bathroom 2880
For sale
$4,395,000
34659 TOWNSHIPLINE ROAD, abbotsford, British Columbia

34659 Townshipline Road

Abbotsford, British Columbia

Nearly 30 Acre Blueberry Farm w/ RARE CALYPSO & DUKE VARIETY! Features 2880 sq/ft 4 bed & 2 bath home & approx. 2500 sq/ft detached workshop w/ large bay doors. Approx. 27.5 Acres are planted. The Duke variety is high producing planted at 1FT & in full production. Calypso variety has been laser levelled and professionally planted at 2.5FT. Large frontage, well drained & the house has plenty of privacy. Situated on a no thru street. An amazing location to BUILD YOUR DREAM HOME with picturesque mountain views. City Water! DO NOT ENTER PROPERTY WITHOUT APPOINTMENT. (id:48205)

For sale
$4,248,880
1436 HOPE ROAD, abbotsford, British Columbia

1436 Hope Road

Abbotsford, British Columbia

2 HOMES on 9.1 Acres. Minutes to Abbotsford Airport. 2007 Custom built recently updated 4435 sqft home, 7 beds & 6 bath, incl. 2 bed legal suite (separate ground level entry). Large Rec room, spice kitchen, A/C & backup generator. Amazing private yard for entertaining! Second home 2073 sqft, 6 beds & 2 bath w/ private backyard. Long Concrete driveway! Separate driveway to access field, truck parking or to build your dream shop! Room for large or extended families, multiple rentals options. Blueberry planted w/ Poles/wires/drip irrigation. FARM STATUS. Close to High Street Mall, Marshall Road Connector, HWY 1, Fraser Hwy, 16 Ave, USA Border & all amenities. Room for your trucks or equipment. Pride of ownership, must see to appreciate, quiet no thru street, no flood zone location (id:48205)

7 Bedroom 6 Bathroom 4434
For sale
$3,990,000
29325 MARSH MCCORMICK ROAD, abbotsford, British Columbia

29325 Marsh Mccormick Road

Abbotsford, British Columbia

Amazing views! This 5256 sqft custom home is positioned to provide spectacular views of Mt. Baker, Fraser River, Mt. Cheam and the Golden Ears. Master on the main floor and a walk out basement with lots of space. 4 bedrooms total with 4 bathrooms, a spacious kitchen and a beautiful river rock fireplace in the sunken living room. Large windows help showcase the incredible views. A massive detached workshop or hanger and 3 helicopter pads as well as patio spaces to sit and enjoy the view. Contact today to book your private tour! (id:48205)

6 Bedroom 4 Bathroom 5256
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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