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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
$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 Open House
$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
For sale
$555,000
210 33546 HOLLAND AVENUE, abbotsford, British Columbia

210 33546 Holland Avenue

Abbotsford, British Columbia

Well maintained unit at the desirable Tempo located in Central Abbotsford. This open concept layout offers 2 bedrooms plus a den & 2 bathrooms. Large, bright & clean 939 sq. ft. living space with lots of windows for natural light, secure underground parking, storage locker & a large balcony. Complex is family, pet and rental friendly, has an onsite caretaker. Great location close to Cabelas, UFV, Hospital, Browns Social House, shopping, all levels of schools & easy freeway access. (id:48205)

2 Bedroom 2 Bathroom 929
For sale
$550,000
1204 3170 GLADWIN ROAD, abbotsford, British Columbia

1204 3170 Gladwin Road

Abbotsford, British Columbia

Beautifully Updated 2 bedrm 2bathrm 12th floor 1282 sqft corner condo. 180 degree unobstructed S/E & N/E & Mt. Baker view in Regency Park Tower#2 (includes 2 car covered parking) LIVINGROOM features tons of "view" windows & access to ENCLOSED all season N.E. facing balcony (updated windows & 2-15 amp outlets) CUSTOM PROGRESSIVE KITCHEN Cabinets (+ countertops, sink, facet, appliances & breakfast table views) MASTER SUITE - his/her mirrored closets, 4 pc ensuite (newer white shaker cabinets /counter) & bonus balcony access. Note 2023 UPGRADES inc. high end roller binds (2 electronic) $2500 window tints & washer/dryer. UPGRADED vinyl plank flooring, baseboards, crown mouldings, door casings, baseboard heaters & programmable thermostats. RESORT AMENITIES inc Solarium Pool & Hot tub, steam room, fitness centre, billiards, 3 guest suites, outdoor BBQ & Gazebo /patio, work shop, hairdresser, bike parking, $12M retrofit, updated elevator & steps to walking trails & restaurants. Strata $402. One owner to be 55+ (id:48205)

2 Bedroom 2 Bathroom 1167 sqft
For sale
$550,000
211 33318 E BOURQUIN CRESCENT, abbotsford, British Columbia

211 33318 E Bourquin Crescent

Abbotsford, British Columbia

Beautiful, Nature's Gate! You'll love this large 2 bedroom 2 bathroom plus den unit, backing on to greenspace - quiet and private! Enjoy the 9ft ceilings, cozy electric fireplace, bright open layout, in-suite laundry, ensuite off the master and so much more. Your home comes with 1 underground parking stall, level entry, and a storage locker down the hall. This well maintained complex features a wonderful clubhouse and beautiful guest suites for when you ave visitors in town! You're located steps away from Mill Lake, multiple shopping centres and great schools. You'll love your new home in this gated community! Great Condo, Great Location, Great Price! Call today! (id:48205)

2 Bedroom 2 Bathroom 985
For sale Open House
$549,900
58 34959 OLD CLAYBURN ROAD, abbotsford, British Columbia

58 34959 Old Clayburn Road

Abbotsford, British Columbia

Welcome to Crown Point Villas! A well run 55+ complex in East Abbotsford. This rancher style home features 2 bedrooms, 2 bathrooms and is over 1,600sqft! Great floor plan with a spacious living room, a cozy fireplace, & adjoining dining room for gatherings. Great sized kitchen that has lots of cupboard and counter space and a bright eating area. Large primary bedroom with a fire place, walk in closet, and a 3pc ensuite with a soaker tub! Patio backs onto a vast lawn space. Mud room leading out to a covered carport that has a storage room. 2 year old HW tank. Amenities include large Clubhouse with workshop, craft room, pool table, library, & RV parking. Great location close to all amenities and easy freeway access! Book your private tour today! (id:48205)

2 Bedroom 2 Bathroom 1629 sqft
For sale
$549,900
6 3292 ELMWOOD DRIVE, abbotsford, British Columbia

6 3292 Elmwood Drive

Abbotsford, British Columbia

Welcome to Sequestra Estates! This spacious townhouse offers nearly 2000 sq ft of living space with 2 beds, 2 baths, all nestled in a serene setting with mountain views & lush greenery. Recently painted throughout, this well-maintained home boasts an upstairs den, a downstairs office, & a kitchen equipped with ample cupboard & counter space. Large windows flood the living & dining area with natural light & scenic views. Updates include modern light fixtures & vinyl windows & a newly finished deck,. Downstairs, discover a generous family room & laundry area for added storage. This Self Managed complex has no age restrictions but maintains a 2-person occupancy limit. Pet-friendly with a maximum of 2 cats/dogs. Ideally located with convenient access to shopping, recreation & other amenities. (id:48205)

2 Bedroom 2 Bathroom 1916 sqft
For sale
$549,900
205 33318 EAST BOURQUIN CRESCENT, abbotsford, British Columbia

205 33318 East Bourquin Crescent

Abbotsford, British Columbia

Discover comfort & convenience in this METICULOUS & BRIGHT 2-bed, 2-bath condo surrounded by GREENSPACE in central Abbotsford. Perfect open concept layout with LARGE BEDROOMS on opposite sides. Nestled on the QUIET side of the building, enjoy the serene WALKOUT PATIO and GRASSY AREA, ideal for relaxation, gatherings kids & PETS (NO SIZE RESTRICTIONS)! The interior boasts tons of NATURAL LIGHT through huge windows. Recent UPDATES include HIGH-END NEW FLOORING, fresh PAINT & new dishwasher. WALK to schools of all levels and parks galore - Ravine Park (1 min) and Mill Lake Park (4 min) & the Abby Arts Centre is just a 4-minute stroll away. Storage locker, 2 parking spots, clubhouse & guest suite for visitors! Don't miss out on this beautiful home! (id:48205)

2 Bedroom 2 Bathroom 905 sqft
For sale
$549,900
105 33898 PINE STREET, abbotsford, British Columbia

105 33898 Pine Street

Abbotsford, British Columbia

Welcome to Gallantree, located in Central Abbotsford on the corner of Pine Street and Gladys Avenue just minutes away from beautiful parks, big name retailers, and all the attractions and charm of Historic Downtown Abbotsford. Close proximity to the West Coast Express and the Trans-Canada Highway adds convenience to your daily life with easy access to transit and surrounding communities. This ground floor 2 bedroom, 2 bath unit is exceptionally spacious and has a large patio backing on to the Abbotsford Virtual School park and playground. The open plan kitchen features sleek stainless steel appliances and an expansive eating bar with stylish granite countertops, perfect for entertaining. Freshly Painted and NEW laminate flooring throughout so you can just move right in and enjoy! (id:48205)

2 Bedroom 2 Bathroom 975 sqft
For sale
$549,900
415 3176 GLADWIN ROAD, abbotsford, British Columbia

415 3176 Gladwin Road

Abbotsford, British Columbia

Experience top-floor, south-facing living in this beautifully updated 2 bedroom & den unit in Regency Park. The kitchen boasts Marr-Tech cabinetry with soft-close doors, a full-height travertine backsplash, quartz countertops, and expanded counter space. Enjoy some new appliances, air conditioning, updated main bathroom and toilets, blinds, lighting, decking, & paint. The living area features a gas fireplace with custom shelving and a travertine surround, crown molding, and hand-scraped hardwood throughout. The primary bedroom includes a custom closet for ample storage. Unique to this unit, the den has been converted into a custom wine room with a rock wall, LED lighting, and a 120-bottle capacity. Regency Park offers fantastic amenities, including an indoor swimming pool and hot tub. (id:48205)

2 Bedroom 2 Bathroom 1065 sqft
For sale
$549,700
416 2581 LANGDON STREET, abbotsford, British Columbia

416 2581 Langdon Street

Abbotsford, British Columbia

Top floor, corner unit at the Cobblestone. This spacious unit has 2 bedrooms, 2 bathrooms and provides you with a large open kitchen. Plenty of room to entertain with its open floor plan and 9ft ceilings. This penthouse unit was renovated in 2016 with granite counter tops, new flooring, new appliances and paint through-out. Loads of visitor parking for your guests and 2 underground, side by side stalls for yourself. Pet friendly buildings allowing 2 pets with fresh exterior landscaping. You'll be steps from the Spud Murphy water park, the international friendship garden, shops and restaurants. Please call to learn all the golden nuggets this location has to offer. (id:48205)

2 Bedroom 2 Bathroom 1005
For sale
$549,000
101 2955 DIAMOND CRESCENT, abbotsford, British Columbia

101 2955 Diamond Crescent

Abbotsford, British Columbia

Welcome to Westwood! This welcoming 2-bedroom, 2-bathroom unit not only provides comfort but also ensures convenience at every turn. Situated in a prime location, Westwood offers unparalleled accessibility, ensuring that all essentials are within easy reach. One of its notable features is the low strata fees, adding to its appeal. Its central position grants swift access to shopping centers and recreational amenities, simplifying daily tasks. Abbotsford's Secret Garden, just across the road, invites with its serene atmosphere, ideal for a leisurely picnic or a tranquil stroll. Westwood embodies the essence of comfortable living, blending accessibility with a touch of natural charm. Schedule your viewing today to experience it firsthand. (id:48205)

2 Bedroom 2 Bathroom 952
For sale
$548,000
402 32063 MT. WADDINGTON AVENUE, abbotsford, British Columbia

402 32063 Mt. Waddington Avenue

Abbotsford, British Columbia

THE WADDINGTON - LIVE WELL. 47 stylish and comfortable living homes, ready to move into today! Everything you need is a short walk away. Quality craftsmanship is evident in every detail. Oversized windows and spacious plans - this unit is loaded with natural light. Designer kitchens complete with stainless steel appliances, custom finishing and more. The Waddington is all about you: Live well! (id:48205)

2 Bedroom 2 Bathroom 998 sqft
For sale
$539,999
209 32063 MT WADDINGTON AVENUE, abbotsford, British Columbia

209 32063 Mt Waddington Avenue

Abbotsford, British Columbia

This condo is literally TURN-KEY. Everything is in place for your immediate rental opportunity or first time home buyer. No age restrictions, rentals allowed, and 1 dog or 1 cat - no size or breed restriction- make this a very sweet place to live. This condo has been completely renovated with cabinetry, light fixtures, countertops, flooring, added storage features, murphy bed in 2nd bedroom and storage set up in the walk in closet and laundry room. Two parking stalls and storage locker are included as well as Couch, Murphy bed, black glass cabinets in master bedroom. This is a north-west corner unit, which brings in lots of natural light overlooking greenery. Close to shopping, bus routes, schools and easy access to the HWY will help to make this decision an easy one for the next owner. (id:48205)

2 Bedroom 2 Bathroom 1013 sqft
For sale
$539,900
9 32828 LANDEAU PLACE, abbotsford, British Columbia

9 32828 Landeau Place

Abbotsford, British Columbia

Move to the heart of Abbotsford at COURT! Loft #9 has its OWN PRIVATE ENTRANCE, large gated patio, with 1 bedroom & den. Enter to your functional flex space perfect for watching tv or at-home gym, mudroom & half bath. Walk up to the main living area of your loft, filled with natural light from the large windows. Premium finishes incl flat-panel cabinetry, Fisher Paykel & Whirlpool appliances, & quartz counters. Built by Heinrichs Developments, the condo reflects superior quality, Scandinavian design and contemporary features. In a peaceful setting just steps from Seven Oaks Mall, Superstore, restaurants, and recreation. The complex offers a large courtyard w/movie projection capabilities, multiple shared EV chargers, & bike room. 2 side by side parking stalls. (id:48205)

1 Bedroom 2 Bathroom 1006 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