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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
$474,800
121 3192 GLADWIN ROAD, abbotsford, British Columbia

121 3192 Gladwin Road

Abbotsford, British Columbia

The Brookyn! 866 sq.ft clean and bright ground floor unit with large patio overlooking garden area on quiet side of building. This unit is not a box! 9 ft ceilings and open layout make this a home a place to be proud to show off! 2nd bedroom with barn door has no window or closet. bring kids, small dog or cat! Close to walking trails, shops, restaurants and pharmacy 7oaks and West Oak Malls. Gated complex (id:48205)

2 Bedroom 1 Bathroom 866
For sale
$469,900
407 32075 GEORGE FERGUSON WAY, abbotsford, British Columbia

407 32075 George Ferguson Way

Abbotsford, British Columbia

Popular Arbour Court! Top floor quiet location with views over courtyard, sunsets and some Northern mountains. 1135 sq ft unit with a huge master bedroom that would accommodate a playroom, crib, exercise equipment or office area. Ensuite with double sinks and tub/shower combination. Main bathroom with walk in shower. Rooms have fantastic large windows allowing for plenty of natural light. Cozy gas fireplace in living room. Location and size looks good, this may be the one to invest in. Bus stop outside the front door, walking distance to MRC Rec Center and immediately behind Columbia Bible College. Rentals allowed. Currently rented for $1625.00 per month. (id:48205)

2 Bedroom 2 Bathroom 1123
For sale
$469,900
303 1755 SALTON ROAD, abbotsford, British Columbia

303 1755 Salton Road

Abbotsford, British Columbia

Welcoming TOP FLOOR UNIT in The Gateway! This beautiful condo is in a desirable family oriented building. Step inside to discover a bright & functional layout w/ extensive updates throughout! Including a bright white kitchen, new flooring and bathrooms! You'll have plenty of space in this 1223sqft 3bed, 2bath suite. Located on the quiet side of the building and has a large balcony, overlooking the spacious courtyard. Cozy living room with gas fireplace, the convenience of in-suite laundry plus, a storage unit on the same floor is included. Secure underground parking and lots of visitor parking. Bring your furry friends - 2 cats or 2 dogs (under 30lbs). Quick access to highway 1 and walking distance to Starbucks, McDonalds, Cabelas, and a 10min walk to UFV and Abbotsford Centre. Call today! (id:48205)

3 Bedroom 2 Bathroom 1223
For sale Open House
$469,900
304 2750 FULLER STREET, abbotsford, British Columbia

304 2750 Fuller Street

Abbotsford, British Columbia

Welcome to your TOP FLOOR corner unit at Valley View Terrace. This spacious 2 Bed 2 Bath has been fully renovated with many quality updates including laminate flooring, high-end stainless steel appliances, quartz countertops, a breakfast bar, freshly painted and ample cabinetry. Savour your morning coffee on the wrap around balcony which features beautiful mountain views surrounded by greenery. Abundance of natural light that dances through the generous windows. Located in Central Abbotsford just a short walk to various leisure activities, restaurants, and shopping. Easy access to Highway 1 and minutes away from Terry Fox Elementary School. 1 Garage parking and storage locker included. Vacant - Quick Possession Available. No age restrictions, Rentals/Pets Allowed. Open House Saturday May 18th, 1-4pm. (id:48205)

2 Bedroom 2 Bathroom 1053
For sale
$469,900
307 2575 WARE STREET, abbotsford, British Columbia

307 2575 Ware Street

Abbotsford, British Columbia

Stunning 2-bed, 2-bath sprawling corner unit in The Maples! This complex is prized for its proximity to amenities. The beautiful kitchen boasts ample cabinets, pantries, and a built-in desk. Enjoy floor-to-ceiling windows filling the space with natural light and a cozy gas fireplace in the living room (gas included in strata fee!). Both bedrooms offer privacy, with the primary featuring a spacious 3-piece ensuite. Additional highlights include in-suite laundry with built-in cabinets, designer paint, and a covered deck for year-round enjoyment. Just steps to mill lake park! Pride of ownership shines through here. (id:48205)

2 Bedroom 2 Bathroom 1170
For sale
$469,900
236 32830 GEORGE FERGUSON WAY, abbotsford, British Columbia

236 32830 George Ferguson Way

Abbotsford, British Columbia

FIRST-TIME BUYERS & INVESTORS ALERT! Excellent 2 bed 2 bath unit with 925 sqft of living space! Fully renovated with new Kitchen, bathroom cabinets and new vinyl plank flooring throughout. All new lighting, f/p, paint, granite counters, trim, casings, doors, etc. Comes with one underground parking space. Central location close to Sevenoaks Shopping Centre, Mill Lake Park, transit, schools & golf courses- this home will not disappoint- well managed complex. (id:48205)

2 Bedroom 2 Bathroom 925
For sale
$469,900
109 2410 EMERSON STREET, abbotsford, British Columbia

109 2410 Emerson Street

Abbotsford, British Columbia

INCREDIBLE VALUE 2 BED/ 2 BATH FULLY RENOVATED UNIT WITH BRAND NEW REMOTE GAS FIREPLACE, WATERPROOF VINYL PLANK FLOORING,UPDATED BATHROOMS, & NEW LIGHT FIXTURES THROUGH OUT WITH WALK OUT PATIO! You Can Even Access Directly From the 2nd Bedroom Sliding Door! Newer Stove & Washer Dryer Puts Your Maintenance Worries At Ease. Full Exterior, Patio & Fencing Replacement Currently Underway & ALREADY PAID FOR! LARGE Master Bedroom With Ample Walk In Closet & Full Ensuite. Main Bathroom Outfitted With NEW WALK IN SHOWER With Accessibility Handles. NEVER WORRY ABOUT LOVED ONES In this Cozy Community Oriented Building With Friendly Neighbours, Coffee Days & Fun Events! LIBRARY & SOCIAL ROOM WITHIN BUILDING, AS WELL AS SHOPS & MILL LAKE PARK A STONES THROW, SHORT STROLL OR SCOOTER RIDE UP YOUR STREET. (id:48205)

2 Bedroom 2 Bathroom 1139
For sale
$468,000
205 33401 MAYFAIR AVENUE, abbotsford, British Columbia

205 33401 Mayfair Avenue

Abbotsford, British Columbia

Welcome to Mayfair Gardens! This beautiful 2 bedroom, 2 bathroom unit has it all. Updates galore including updated cabinets, tiles, tiled backsplash and eye-catching engineered hardwood flooring throughout. And this home features not one...but two balconies! Well designed open floor plan with a huge master bedroom with fabulous ensuite. Plenty of room for storage including a storage locker. In-suite laundry included. No pets and no smoking. Adult-oriented 55+ building. Call today! (id:48205)

2 Bedroom 2 Bathroom 1226
For sale Open House
$465,900
74 32718 GARIBALDI DRIVE, abbotsford, British Columbia

74 32718 Garibaldi Drive

Abbotsford, British Columbia

This home has been renovated by a perfectionist from top to bottom. Kitchen completely redone with new/additional cabinets including a pantry, new quartz counter tops with extra counter space, new appliances, extra electrical outlets, under counter lightings and an eating bar. New flooring through out the entire suite. New lighting. New vanities and toilets in both the main bathroom plus the ensuite (off the master bedroom). The den has been converted into a separate bedroom with a proper door. New baseboard heating through out. A barn door was added to the laundry area. Tons of cupboards for storage plus a separate storage room. Front enclosed deck and back a large open balcony. Electrical and hot water paid in the strata fees. (id:48205)

2 Bedroom 2 Bathroom 1154
For sale Open House
$464,900
401 32075 GEORGE FERGUSON WAY, abbotsford, British Columbia

401 32075 George Ferguson Way

Abbotsford, British Columbia

Welcome to the heart of Abbotsford, where peace meets convenience in this stunning 2 bedroom, 2 bathroom condo. Perfectly situated, this property boasts an enviable location surrounded by all the amenities one could desire. Step into this spacious unit and be greeted by a massive primary bedroom, offering ample space for relaxation and tranquility. The kitchen has plenty of storage space. Whether you're cooking a gourmet meal or enjoying a quick breakfast, this kitchen has everything you need to unleash your culinary creativity. The living room is the heat of the home, inviting you to unwind and entertain in style. This condo is not just a home - it's an investor's dream. If you're looking to expand your investment portfolio or secure a profitable rental property. This is it! (id:48205)

2 Bedroom 2 Bathroom 1135
For sale
$459,900
433 32830 GEORGE FERGUSON WAY, abbotsford, British Columbia

433 32830 George Ferguson Way

Abbotsford, British Columbia

Bright and spacious two-bedroom, two-bathroom condo right in the heart of Abbotsford. This unit features a gas fireplace, in-suite laundry, and stainless steel appliances. Conveniently located close to Seven Oaks Mall and within walking distance to all amenities. The strata fee includes gas and hot water. This south-facing unit offers plenty of natural sunlight and is situated on the quiet side of the building. It's a must-see! Book your viewing before it's gone. (id:48205)

2 Bedroom 2 Bathroom 919
For sale
$459,900
22 32718 GARIBALDI DRIVE, abbotsford, British Columbia

22 32718 Garibaldi Drive

Abbotsford, British Columbia

Renovation! Renovation! Renovation! New kitchen with quartz counter tops and brand new stainless steel appliances. All new flooring, fresh paint, new fixtures, tasteful feature walls, new bathroom with walk in shower and new vanity with quartz counter tops, huge laundry room and more! This spacious, 2 bedroom, upper level townhome at Fircrest Estates has over 1,100 sqft. Generous room sizes and 2 large sundecks. Amenities include games room, workshop, and meeting area. Close to shopping, transportation, Superstore, coffeeshops and restaurants. 55+ Age restricted complex. No pets. Electricity, heat and water included in the strata fee. Call Today! (id:48205)

2 Bedroom 1 Bathroom 1132
For sale
$459,900
107 33480 GEORGE FERGUSON WAY, abbotsford, British Columbia

107 33480 George Ferguson Way

Abbotsford, British Columbia

CARMODY RIDGE CONDO....This spacious 1032 sq ft ground floor corner unit has loads of windows. Bedrooms are separated and each have their own ensuite which make a great floor plan for a room mate or child to share. Laminate floors and a cozy gas fireplace in the living room. The private deck is on the quiet back corner of the building. The ground floor makes it great for a pet. This is a non smoking building, no age restrictions and smaller pets. Close to everything, bus, restaurants and shopping. (id:48205)

2 Bedroom 2 Bathroom 1032
For sale
$459,000
123 34909 OLD YALE ROAD, abbotsford, British Columbia

123 34909 Old Yale Road

Abbotsford, British Columbia

WELCOME TO THE GARDENS! A serene complex situated in the heart of East Abbotsford's popular Mcmillian area. You will love this spacious 2 bedroom, 2 bathroom unit with updated appliances, upgraded closets and a fully renovated bathroom. Cozy up next to the natural gas fireplace in the winter or enjoy summer evenings on your 34'x6' balcony in the summer. Speaking of summer, this complex has a beautiful outdoor pool and a huge central green space; which is great for all summer and outdoor activities. This unit is walking distance to all level of schools, shops, restaurants , convenient stores and Abbotsford Recreation Centre, Only 5 or so minutes from Hwy 1 and minutes from Hwy 11. Don't miss your chance to view this unit while it lasts. (id:48205)

2 Bedroom 2 Bathroom 932
For sale
$455,000
18 3380 GLADWIN ROAD, abbotsford, British Columbia

18 3380 Gladwin Road

Abbotsford, British Columbia

Welcome to Forest Edge! This gem of a townhome on the upper floor offers views of Old Riverside Park and Discovery trail. Enjoy over 1200 sq ft on a single level with, a gas fireplace in the living room, and 2 good sized bedrooms plus 2 full bath rooms. The open deck offers a relaxing space,that is well maintained & in excellent shape. Features your own covered parking space just 6 feet from your front door.. age restrictions are 55 Plus and this complex has only 48 homes and is in Walking distance to shops and restaurants, and has a bus stop just a few steps away, the deck is east facing great for plants to get the morning sun but not the afternoon's blazing heat, giving you many more enjoyable hours bushy tail squirrel and bird watching , so relaxing, sit and read your favourite book!There is also a club house to rent for large family gatherings with extra parking at the church next door with gated walkway from their parking lot. (id:48205)

2 Bedroom 2 Bathroom 1243
For sale
$452,888
1002 1750 MCKENZIE ROAD, abbotsford, British Columbia

1002 1750 Mckenzie Road

Abbotsford, British Columbia

Your HAVEN in the HEART of ABBOTSFORD! This delightful ground-level home is perfect for anyone! Featuring 2 large bedrooms, a spacious bathroom, and plenty of living space, this home is sure to impress. Wow your guests with a functional kitchen and HUGE pantry. Easy access to grass and outdoor space makes this unit perfect for those with young kids or pets! This home is perfect for those looking to upgrade from a condo, downsizers looking for a home with NO STAIRS, and even investors. Surrounded by trees, Alderglen complex is quiet, safe, family and pet friendly. An effective strata and friendly neighbours make this a GREAT place to call home. 2 parking spots included! BONUS: This unit is one of the only in the complex with a STORAGE UNIT! (id:48205)

2 Bedroom 1 Bathroom 952
For sale
$450,000
35 2938 TRAFALGAR STREET, abbotsford, British Columbia

35 2938 Trafalgar Street

Abbotsford, British Columbia

Welcome home to TRAFALGAR PARK! A well cared for complex with proactive Strata! A bright Private Corner Ground unit rancher, 2 bed, 2 bath. NEW Fridge, NEW high toilets. The Primary bedroom has a full ensuite and a backdoor to the garden area. Open floorplan with a spacious living room, dining and family room. Very private patio leading off the living area where you can enjoy your morning coffee! Newly renovated CLUB HOUSE and GUEST suite/community room and workshop for your enjoyment! Centrally located, close to public transit, shopping, restaurants and beautiful Mill Lake. Bonus: strata fee includes hot water, electricity and heat. Age restriction 55+, 1 cat or dog (12" at the shoulder; max 12kg). Quick possession! (id:48205)

2 Bedroom 2 Bathroom 1223
For sale Open House
$449,900
338 33173 OLD YALE ROAD, abbotsford, British Columbia

338 33173 Old Yale Road

Abbotsford, British Columbia

Welcome to SOMMERSET RIDGE's Rare find in Central Abbotsford! This 2 bed 2 bath apartment is a great cozy place to call your "HOME". Boasting ample green space and visitor parking, this unit offers a serene environment. Walk into bright living room with open dinning space and fully functional kitchen. Walk-in laundry room with ample space for storage. Enjoy the convenience of being within walking distance to all levels of schools (Elementary - Terry Fox Elementary) (Secondary - W J Mouat Secondary), shopping centers, Mill Lake, and the transit exchange. Meticulously maintained, this unit features numerous updates and is pet-friendly with restrictions. Don't miss out on this gem! Book your Appointment today.OH Sat/Sun - 1-3PM May 18/19 (id:48205)

2 Bedroom 2 Bathroom 919
For sale
$449,900
601 1750 MCKENZIE ROAD, abbotsford, British Columbia

601 1750 Mckenzie Road

Abbotsford, British Columbia

GROUND FLOOR CORNER SUITE in the back ZEN CORNER of the complex- a peaceful quiet location w/ no neighbors looking in! This BRIGHT 2 bdrm and 1 bathroom home features modern flooring, paint, crown mouldings, & a stunning backdrop of NATURE AT YOUR DOORSTEP from every window. Relax in the large living space, step outside to the covered patio, or enjoy your meal in the spacious dining area w/ corner windows. Upgraded washer/dryer, flooring (no carpets!), insuite storage, & a beautiful primary suite w/ his/her closets that leads to the ensuite. The perfect place for ANYONE in all walks of life- this complex is close to all major amenities and welcomes all ages and pets. Parking stall #28 is included and ample visitor parking available. Ready for SUMMER OCCUPANCY after June 1! (id:48205)

2 Bedroom 1 Bathroom 960
For sale
$449,900
301 3090 GLADWIN ROAD, abbotsford, British Columbia

301 3090 Gladwin Road

Abbotsford, British Columbia

"Hudson's Loft" in Central Park! This 1 bed 1.5 bath loft style home has an 18ft ceiling & floor to ceiling windows in the living room. High end finishing throughout include engineered hardwood flooring, stainless appliances, quartz counter tops, under mount sinks & glass railings just to name a few! South facing balcony off the living room. Centrally located this property is surrounded by cafes, restaurants, parks and more! This is a great investment opportunity or perfect for the first time home buyer. 2 pets & rentals allowed. EXCELLENT CONDITION! (id:48205)

1 Bedroom 2 Bathroom 637
For sale Open House
$449,900
307 33233 E BOURQUIN CRESCENT, abbotsford, British Columbia

307 33233 E Bourquin Crescent

Abbotsford, British Columbia

BOOM!!! A+ Mill Lake Location!! Top Floor 1338sf FULLY RENOVATED 2 bed 2 bath + den condo!! ALL NEW solid maple kitchen, Blanco sink, under cabinet lighting, counters with micro-bend edge, tile backsplash, flooring, paint, light fixtures, baseboard heaters....Breath....NEW appliances! NEW Andersen windows and glass door! NEW Ensuite with oval tub, tiles, cabinet, light fixture and medicine cabinet! Cooler + Quieter side of the building! 38' long sundeck with a view right to the North Shore Mountains! Secured visitor parking, Workshop, Recreation Room, Guest Suite (only $15 per night), Storage locker and a shared storage room as well. Exclusive to the 55+ age community! Walk to Mill Lake and Seven Oaks Mall! What a lifestyle!! Come and Get it! (id:48205)

2 Bedroom 2 Bathroom 1338
For sale
$449,900
309 33960 OLD YALE ROAD, abbotsford, British Columbia

309 33960 Old Yale Road

Abbotsford, British Columbia

Welcome to Old Yale Heights. This beautifully updated 2 Bedroom, 2 full bathroom condo has 2 covered parking spots! Primary bedroom with full ensuite featuring great detail with wainscotting. 2nd full bathroom has walk-in shower with bench. Fresh professional paint through-out with new blind package, newer flooring and new carpets in the bedrooms. New Paint and carpets coming soon in hallways. Bus stop is located right by entrance area of complex (id:48205)

2 Bedroom 2 Bathroom 831
For sale Open House
$449,900
318 2964 TRETHEWEY STREET, abbotsford, British Columbia

318 2964 Trethewey Street

Abbotsford, British Columbia

Come see this beautifully updated & clean condominium at Cascade Green, located in a highly desired area of West Abbotsford. This bright & spacious 3rd floor unit features 2 bedrooms, 2 bathrooms, 921 sq. ft. of living space, SS appliances, in suite laundry, storage and 1 underground parking stall. Modern upgrades and a private balcony create an inviting atmosphere for both relaxation and entertaining. Family/pet friendly building in an excellent location walking distance to schools for all ages, shopping, recreation, restaurants Rotary Stadium, parks & trails, transit & quick freeway access! Whether you are a first time home buyer, or looking to downsize, this property is a solid investment. Book your private viewing today! (id:48205)

2 Bedroom 2 Bathroom 921
For sale Open House
$449,000
214 2120 GLADWIN ROAD, abbotsford, British Columbia

214 2120 Gladwin Road

Abbotsford, British Columbia

Welcome to Onyx at Mahogany, a luxurious residence in Abbotsford. Situated near Mill Lake Park and Abbotsford Regional Hospital, with nearby schools, convenience meets tranquility here. Enjoy the bright, airy atmosphere of this south-facing unit, boasting panoramic views from the spacious balcony. Entertain in the well-appointed kitchen with granite countertops and stainless steel appliances. Hardwood floors add elegance, while the master bedroom features a walk-in closet and a dual sink master bathroom with a luxurious bathtub. Roughed-in wiring allows for easy installation of an air conditioning system. This unit includes one underground parking spot and one storage locker. Additional amenities like a gym and meeting room enhance the upscale living experience.*Open House-Sat, May 18 2-4pm (id:48205)

1 Bedroom 1 Bathroom 653
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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