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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
$519,000
307 33568 GEORGE FERGUSON WAY, abbotsford, British Columbia

307 33568 George Ferguson Way

Abbotsford, British Columbia

Beautiful 2 bed, 2 bath 800+ square foot home with convenient central location, city and mountain views. Primary bedroom has attractive french door access, walk through closet and 3-piece ensuite. Terrific open concept dining and living room layout. Gorgeous kitchen with island seating and stainless steel appliances. Laundry area has additional space for storage or use as pantry. Sizeable 2nd bedroom separated from the primary in order to increase privacy. A stunning space to call home. (id:48205)

2 Bedroom 2 Bathroom 880 sqft
For sale
$519,000
104 33668 KING ROAD, abbotsford, British Columbia

104 33668 King Road

Abbotsford, British Columbia

Welcome to the amazing "College Park Place" one of Abbotsford's most highly desirable condo complex's. This beautifully renovated 2 bed 2 bath ground floor corner unit in the heart of Abbotsford offers is all. This spacious and bright home has been completely renovated, offering a modern and stylish living space. As you enter, you'll be greeted by an open concept layout that seamlessly connects the living, dining, and kitchen areas. The large windows throughout the unit flood the space with natural light, creating a warm and inviting atmosphere. The master bedroom boasts a generous walk-in closet and a luxurious ensuite bathroom. Local shopping, entertainment, and highway 1 access just minutes away from your front door. This is a TURN KEY unit that you HAVE to come and view for yourself. (id:48205)

2 Bedroom 2 Bathroom 1056 sqft
For sale
$515,500
313 2990 BOULDER STREET, abbotsford, British Columbia

313 2990 Boulder Street

Abbotsford, British Columbia

Welcome to this bright 2 bedroom, 2 bathroom condo in sought-after Westwood complex. Great 950 sqft open-concept layout features a gourmet kitchen with generous cabinet space, center island, granite counter tops, and stainless steel appliances. The master suite consists of walk-in closet, in-suite laundry, and ensuite with stand-up shower. Added bonuses include a large storage room, private balcony and convenient location (walking distance to Abbotsford Exhibition Park, Discovery Trail, and West Oaks and Seven Oaks shopping). The Westwood is pet friendly with no age restrictions and rentals are allowed. (id:48205)

2 Bedroom 2 Bathroom 950 sqft
For sale
$515,000
207 33728 KING ROAD, abbotsford, British Columbia

207 33728 King Road

Abbotsford, British Columbia

College Park Place! This 2nd floor unit is located in the new U-District neighborhood of Abbotsford This is one of the larger floorplans available in the complex and features a kitchen with marble tile backsplash, quartz countertops & S/S appliances. Open plan living with generous sized living room & dining room with crown moldings, gas f/p & spacious laundry room. South facing deck where you can have an electric BBQ. Ideal location of the building away from the street & close to the elevator. Easy walk to Abbotsford Centre & UFV. Minutes drive to Abbotsford Hospital, Hwy 1, Mill Lake, US border & Abbotsford Airport. Two underground parking spaces, storage locker, l guest suite at a very reasonable rate plus a gym. Two pets are allowed here with restrictions & quick possession is possible! (id:48205)

2 Bedroom 2 Bathroom 1200 sqft
For sale
$515,000
202 2955 DIAMOND CRESCENT, abbotsford, British Columbia

202 2955 Diamond Crescent

Abbotsford, British Columbia

West Abbotsford! Welcome to the Westwood complex on Diamond Rd. This charming, east facing 2 bed, 2 bath is ready for a new owner. Just steps to shopping, recreation and amenities, this unit is conveniently located! In suite laundry, hot water incl. in maintenance fee, private patio and a dog friendly building are a few other bonuses. Enjoy an open floor plan with lots of natural light coming in off the patio and both bedroom windows. Flexible possession dates, book your private showing today! (id:48205)

2 Bedroom 2 Bathroom 995 sqft
For sale
$514,700
316 34101 OLD YALE ROAD, abbotsford, British Columbia

316 34101 Old Yale Road

Abbotsford, British Columbia

RARE RARE RARE!!! It is not too often you come across a condo that has over 800 sq ft of private back yard space!! Tucked away on the quiet side of building is unit 316 at Yale Terrace. This 1,063 square foot, 2 BED 2 BATH condo is truly something you don't see everyday. Enter the unit and you are greeted by a nicely sized foyer with a really open plan that highlights the space and is great for entertaining. The bedrooms are on opposite sides of the condo which makes it excellent for kids or roommates and the main 4 pc bathroom is tucked away so it doesn't intrude the living area. To top this all off a backyard that would make most condo owners jealous! Add in an east-central location, 2 parking stalls, a storage locker with rentals and pets allowed and you have it all! Call today! (id:48205)

2 Bedroom 2 Bathroom 1063 sqft
For sale
$514,700
410 33568 GEORGE FERGUSON WAY, abbotsford, British Columbia

410 33568 George Ferguson Way

Abbotsford, British Columbia

Welcome to The Edge, nestled in historic downtown Abbotsford! This stunning 934 sq. ft. southwest-facing unit on the quiet side of the building offers 2 bedrooms and 2 bathrooms, perfectly designed for modern living. The bright white kitchen features a large island providing ample storage, ideal for both everyday use and entertaining. Enjoy the convenience of living just a short walk away from every amenity you could need. The unit includes two secure underground parking stalls. 2 pets are allowed with no size restrictions. Rentals are allowed, making this a potential investment opportunity. This unique 5-storey building includes a rooftop patio with amazing views of Mt. Baker. Don't miss out on this beautiful and versatile home at The Edge! (id:48205)

2 Bedroom 2 Bathroom 934 sqft
For sale
$510,381
27 3110 TRAFALGAR STREET, abbotsford, British Columbia

27 3110 Trafalgar Street

Abbotsford, British Columbia

OPEN HOUSE SAT, JUNE 15th from 12- 2 PM. NORTHVIEW PROPERTIES - Rarely available large ground floor corner unit! Beautiful and bright with many windows that bring in lots of natural light. Immaculate lower level unit, in quiet area of the complex. Age Restricted 55+. Unit has 2 spacious bedrooms and 2 full baths. Lovely big bright kitchen open to family room with a cozy fireplace. Floor to ceiling stone fireplace is a nice focal point. Spacious living/dining room opens through sliding doors, to a very private patio. Close enough to walk to Seven Oaks Shopping or Mill Lake, located near the Clubhouse , Wheel chair accessible, well run and maintained complex. (id:48205)

2 Bedroom 2 Bathroom 1517 sqft
For sale
$509,999
210 33538 MARSHALL ROAD, abbotsford, British Columbia

210 33538 Marshall Road

Abbotsford, British Columbia

THE CROSSING!! Fabulous opportunity for first time buyers or investors!! Great location close to UFV, easy access to Highway 1, walk to McCallum Crossing for restaurants and shopping. This spacious more than 900 square foot 2 bedroom 2 bathroom condo boasts of granite kitchen counters, SS appliances and in suite laundry. Amenities include a gym and clubhouse. 1 cat allowed. Now VACANT!! Quick Completion Possible!! (id:48205)

2 Bedroom 2 Bathroom 909 sqft
For sale Open House
$499,900
306 2632 PAULINE STREET, abbotsford, British Columbia

306 2632 Pauline Street

Abbotsford, British Columbia

WOW! INVEST OR MOVE IN! YALE CROSSING in Historic Downtown Abby! Refreshed unit by Mountain River Projects! Updates include bright white paint, black hardware, 2 bed, 2 bath home with MT BAKER & DOWNTOWN ABBY VIEWS. Enjoy summer breakfasts on your balcony! This home is fully outfitted with updated ductless A/C, Granite counters, Crown molding, 5-piece primary ensuite bath, Stainless steel appliance package, Electric fireplace, 9 ft ceilings, Laminate flooring & In-suite laundry room. The space has a modern feel in well-managed building. Great location! Central and it's steps away from coffee, pubs, restaurants, shops, markets, parks, recreation, entertainment, transit and schools are nearby. 1 parking. Pets allowed with restrictions. Have your realtor book an appointment today! (id:48205)

2 Bedroom 2 Bathroom 904 sqft
For sale
$499,900
205 32063 MT WADDINGTON AVENUE, abbotsford, British Columbia

205 32063 Mt Waddington Avenue

Abbotsford, British Columbia

This spacious 2-bed, 2-bath condo features an ideal layout with an open concept for entertaining and bedrooms located at opposite sides of the home for privacy. The main living area has a cozy fireplace and large patio doors that step onto a nice private balcony. Need storage space? You'll love the large pantry and laundry room! The primary bedroom also features a generous sized walk-in closet. You also have a storage locker and two underground parking spots. Conveniently located near HWY 1, restaurants and shopping, The Waddington offers easy accessibility for walking or driving. Open house Saturday, June 15 from 1-3pm. (id:48205)

2 Bedroom 2 Bathroom 917 sqft
For sale Open House
$499,900
304 32044 OLD YALE ROAD, abbotsford, British Columbia

304 32044 Old Yale Road

Abbotsford, British Columbia

Discover the perfect match at Green Gables in Abbotsford! This charming 2-bed, 2-bath condo features a modern open layout, new appliances, and a cozy gas fireplace. Enjoy morning coffees on your private patio and the convenience of a walk-in closet and separate laundry room. With amenities like a guest suite and secured parking, plus a central location near shopping and dining, Green Gables offers comfort and convenience. No age restrictions and rentals allowed. Walk to Starbucks, Pizza-Pizza, KFC, McDonald's, grocery stores, and more. Ample natural light, freshly painted walls, and new flooring add to the appeal. Underground parking and cat-friendly. Bonus: hot water and gas included. OPEN HOUSE June 16 - 2-4 pm (id:48205)

2 Bedroom 2 Bathroom 1103 sqft
For sale
$499,900
306 32120 MT. WADDINGTON AVENUE, abbotsford, British Columbia

306 32120 Mt. Waddington Avenue

Abbotsford, British Columbia

Laurelwood - Step into this beautifully updated 2 bed 2 bath corner suite. This spacious home boasts 9' ceilings, elegant engineered wood flooring, a modern kitchen equipped with s/s appliances & a cozy gas fireplace in the living room. Flooded with natural light the expansive windows & bright airy layout create a welcoming space - perfect for unwinding or entertaining. The generous primary features a walk-through closet leading to a 3-piece ensuite. Offering easy freeway access & just a short walk to schools, recreation centers, pools, libraries, shopping, restaurants & public transit. This home is ideal for those who value style & convenience. Combining modern living with comfort makes this the perfect place to call home! (id:48205)

2 Bedroom 2 Bathroom 1127 sqft
For sale
$499,900
404 33255 OLD YALE ROAD, abbotsford, British Columbia

404 33255 Old Yale Road

Abbotsford, British Columbia

Welcome to the Brixton! Come check out unit 404 on the Top Floor and featuring two bedrooms, two full bathrooms, vaulted living room ceiling and welcomes one dog under 18" height and a cat. Fantastic Central Abbotsford location! Several amenities are within short walking distance including Sevenoaks Mall, Westoaks Mall, restaurants, groceries, popular Mill Lake, Historic Downtown Abbotsford and much more. You will appreciate this bright home with insuite laundry, electric fireplace, granite kitchen counters and reasonable strata fee. Comes with one underground parking stall and private locker. This one is vacant and ready for you to move-in! (id:48205)

2 Bedroom 2 Bathroom 942 sqft
For sale
$499,900
1021 34909 OLD YALE ROAD, abbotsford, British Columbia

1021 34909 Old Yale Road

Abbotsford, British Columbia

Welcome to the Gardens in East Abbotsford! Boasting over 1,000 Sq Ft of living space this upper level end unit townhouse features 2 Bedrooms and 2 Bathrooms. Oversized living room features a gas fireplace and direct access with sliding door to the patio. 2 generous sized bedrooms with the primary bedroom having two closets and ensuite bathroom. Patio access of the primary and plenty of updates throughout. Plenty of storage here with large laundry room as well as an additional den/storage room. 2 parking spots located right outside of the unit. This family friendly complex has plenty of green space as well as an outdoor pool. Terrific location in one of Abbotsford best school catchments: McMillan Elementary, Fraser Middle, and Yale secondary all within walking distance. (id:48205)

2 Bedroom 2 Bathroom 1001
For sale
$499,899
201 33255 OLD YALE ROAD, abbotsford, British Columbia

201 33255 Old Yale Road

Abbotsford, British Columbia

Beautiful end corner unit at The Brixton. This bright and spacious 2 bedroom 2 bathroom corner suite features many large windows. This is a unique unit in that you have no adjacent neighbors! Windows on 3 sides. Open floor plan. Updated vinyl plank flooring and paint throughout. Very nice kitchen with tile back splash and granite counters. Raised countertop eating area. Living room features an electric fireplace. Spacious primary bedroom with big ensuite featuring separate tub and shower.. Laundry room with storage space. Mt. Baker view from patio and bedroom. Secured underground end spot parking , storage locker and bike room. Plenty of street parking. Dog 18" height to shoulder or 2 cats welcome. (id:48205)

2 Bedroom 2 Bathroom 1039 sqft
For sale Open House
$499,800
302 2435 CENTER STREET, abbotsford, British Columbia

302 2435 Center Street

Abbotsford, British Columbia

Beautiful bright 3rd floor 2bdrm 2 bathroom family and pet friendly SE corner condo in "Cedar Grove" spacious kitchen with its own eating area, 17 ft. living room w/cozy gas fireplace open to dining room and East facing BBQ deck, secure underground parking w/storage locker. Building has guest suite avail. for extra visitors, workshop area, bike cage & personal storage locker. No age restrictions. Kids & small pets allowed. Come view and be impressed. (id:48205)

2 Bedroom 2 Bathroom 1010 sqft
For sale
$499,800
406 32838 VENTURA AVENUE, abbotsford, British Columbia

406 32838 Ventura Avenue

Abbotsford, British Columbia

Ventura the fortune of Abbotsford! Discover this stylish 2-bed + den, 2-bath condo with 852 sqft of open living space. Enjoy an open layout with large windows overlooking the courtyard, a spacious ensuite with dual sinks and a stand-up shower, and a second bathroom with a tub. The functional design offers privacy for both bedrooms. The kitchen features a large island, ample counter space, and cabinets. Amenities include a private courtyard, gym, and dog wash. Conveniently located within walking distance to Superstore, the mall, banks, and more. Experience modern living at its fines! (id:48205)

2 Bedroom 2 Bathroom 854 sqft
For sale
$499,800
209 3172 GLADWIN ROAD, abbotsford, British Columbia

209 3172 Gladwin Road

Abbotsford, British Columbia

Welcome home to Regency Park IV. PRICE is what you PAY, VALUE is what you GET. A gated community in the heart of Central Abbotsford. This 1200 sq. ft. unit is located on the second floor and it features 2 bedrooms & a DEN / storage area and 2 FULL bathrooms. With a sizeable PRIMARY bedroom, updated carpets and stainless steel appliances, it's move-in ready. Enjoy fantastic GARDEN views from the balcony. Located within walking distance of shopping and the tranquil Horn Creek Park, it's pet-friendly and offers fantastic amenities like an INDOOR POOL, exercise room, and GUEST suites. (id:48205)

2 Bedroom 2 Bathroom 1161 sqft
For sale
$499,800
210 30525 CARDINAL AVENUE, abbotsford, British Columbia

210 30525 Cardinal Avenue

Abbotsford, British Columbia

Clean, spacious and bright 2 bedroom 2nd floor condo with 2 parking stalls and storage locker in desirable Tamarind Westside Complex. Conveniently located near Walmart Supercentre, Transit, shopping and all level of schools. Quick access to Fraser Hwy and Highway One. Also Walking distance to High Street and Recreation Centre. Call today for your private showing. (id:48205)

2 Bedroom 2 Bathroom 1026 sqft
For sale
$499,700
109 33546 HOLLAND AVENUE, abbotsford, British Columbia

109 33546 Holland Avenue

Abbotsford, British Columbia

OPEN HOUSE SATURDAY, JUNE 8TH FROM 12- 2 PM. Attention Investors, 1st time home buyers or Down sizers. Welcome to the pet & rental friendly Tempo complex in Central Abbotsford. This unit features 2 large opposing bedrooms, 2 full baths, separate laundry and plus a den that's the perfect size for a home office. Your home features laminate flooring, and a large ground floor patio with street side access that's perfect for hosting friends and family. Walking distance to Good Kid Coffee, McDonalds, Starbuck, Social Brown House, UFV, Hwy 1 Exit, Hospital, Gas Stations, Recreation, Pharmacy, Restautants, Shopping, Shcools, Public Transit & much more. (id:48205)

2 Bedroom 2 Bathroom 942 sqft
For sale
$499,000
310 33538 MARSHALL ROAD, abbotsford, British Columbia

310 33538 Marshall Road

Abbotsford, British Columbia

DELIGHTFUL 2-bed, 2-bath CONDO in the heart of CENTRAL ABBOTSFORD. Discover the perfect blend of city living and countryside calm. Enjoy the expansive OPEN FLOOR PLAN, a modern kitchen completes with GRANITE countertops and stainless-steel appliances, and a convenient compact office area. With two bedrooms, accompanied by ENSUITE bathroom and AMPLE STORAGE in walk-in and walk-through closets, this home promises both comfort and functionality. POSITIONED in a sought-after area close to UFV, shopping hubs, leisure facilities, and dining spots, and with effortless ACCESS to HWY 1, Close to Godson Elementary, Abbotsford Middle & Secondary school this condo EPITOMIZES convenience at its finest. (id:48205)

2 Bedroom 2 Bathroom 891 sqft
For sale
$499,000
206 33478 ROBERTS AVENUE, abbotsford, British Columbia

206 33478 Roberts Avenue

Abbotsford, British Columbia

ASPEN CREEK - Beautifully maintained 2 bedroom, 2 bath home backing onto tranquil greenbelt (Ravine Park). Wake up to the sound of birds singing! Steps from downtown Abbotsford shops, restaurants, playgrounds and more! Lots of improvements & upgrades. Oversized covered balcony, open concept livingroom with gas fireplace feature. Lots of storage and 2 parking spaces. 2 Small pets ok. Exclusive amenities including fitness centre, guest suite and club lounge. This condo is a MUST SEE! (id:48205)

2 Bedroom 2 Bathroom 940 sqft
For sale
$499,000
18 2830 W BOURQUIN CRESCENT, abbotsford, British Columbia

18 2830 W Bourquin Crescent

Abbotsford, British Columbia

Explore a delightful townhouse nestled within a vibrant complex, mere moments away from Seven Oaks Mall, delectable eateries, the thriving business hub, public transit, and leisure destinations. Complete with a fenced backyard, ideal for both gardening and leisure activities. Indulge in the newly renovated kitchen, granite countertops, renovated in 2015. Additionally, newer vinyl windows and a recently replaced roof in 2013 enhance the property's appeal. Unleash your imagination with the expansive unfinished basement, brimming with endless possibilities. This residence eagerly awaits for you. (id:48205)

2 Bedroom 2 Bathroom 1635 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