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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
$2,099,000
2540 TERMINAL COURT, abbotsford, British Columbia

2540 Terminal Court

Abbotsford, British Columbia

Step into this brand-new, MEGA custom-built home located in a peaceful cul-de-sac in the highly desirable Aberdeen area of Abbotsford, close to the quickly expanding Aldergrove. This exquisite home offers 5,334 sq. ft. of luxurious living space, with 10 spacious bedrooms, 7 bathrooms, a spice kitchen, superior finishes, A/C, a double car garage, and a rooftop patio with gorgeous views. Fully finished basement boasts a two bedroom suite which makes a great mortgage helper, as well as a 2 bedroom in-law suite. Prime location near the US Border Crossing, Fraser Hwy., Otter Co-op Outdoor Experience, various parks, schools, Station Pub, public transportation, Hwy. 1, and Highstreet Shopping Center. Schedule your private tour today! (id:48205)

10 Bedroom 7 Bathroom 5334 sqft
For sale
$2,099,000
31009 N DEERTRAIL DRIVE, abbotsford, British Columbia

31009 N Deertrail Drive

Abbotsford, British Columbia

Welcome to your dream home in West Abbotsford! This stunning 5200+ sq. ft. residence exudes elegance and modernity, boasting an abundance of natural light and contemporary finishes throughout. The main floor features a beautiful kitchen, complete with a convenient spice kitchen, and a guest bedroom with a 3-piece bath for added comfort and accessibility. Upstairs, discover three spacious master bedrooms, each with its own ensuite bath and walk-in closet, providing ultimate luxury and privacy. The basement level offers a grand media room, perfect for entertaining family and friends, along with two separate suites, each featuring two bedrooms, in-suite laundry, and private entrances, offering fantastic rental income potential. Conveniently situated near top-rated schools, shopping centers! (id:48205)

9 Bedroom 8 Bathroom 5225 sqft
For sale
$2,099,000
33120 HUNTINGDON ROAD, abbotsford, British Columbia

33120 Huntingdon Road

Abbotsford, British Columbia

Spacious rural property with a charming Rancher on roughly .7 acres. Boasting over 3200 sq ft, Featuring 6 spacious bedrooms, and 3 baths, it's wheelchair accessible with a large detached shop. The kitchen is well-equipped with ample storage and a generous island. Bright and airy, the home overlooks 10 acres of raspberries, and it's conveniently located near UFV, shopping, and freeway access. Well-maintained by its original owner, it's ideal for a home-based business, hobby farming, or storing toys. Perfect blend of comfort, functionality, and rural charm. A must see to be appreciated. (id:48205)

6 Bedroom 3 Bathroom 3314
For sale
$2,095,000
4210 GLADWIN ROAD, abbotsford, British Columbia

4210 Gladwin Road

Abbotsford, British Columbia

LOCATION! LOCATION! LOCATION! Private 5.13 Acres located just minutes Abbotsford city center and all amenities. AMAZING VIEWS private driveway leads to 2566 sq/ft secluded home! Bottom portion of the property GREAT FOR TRUCKERS OR SHOP! Fantastic location for your business! The 4-bedroom 2.5 bath home sits high and out of the floodplain and features a huge master bedroom w/ 4 piece ensuite and kitchen w/ quartz countertops & s/s appliances. Deck off the kitchen is perfect for entertaining or peaceful private setting. The property is situated minutes from MEI, all levels schools, shopping, entertaining and all amenities. Drilled well on property. Buyer to verify all information with City of Abbotsford. Contact for your private viewing. (id:48205)

4 Bedroom 3 Bathroom 2566
For sale
$2,075,000
2786 FAIRLANE STREET, abbotsford, British Columbia

2786 Fairlane Street

Abbotsford, British Columbia

BEST LOCATION!! BUYER/INVESTOR ALERT! LAND ASSEMBLY, ADJOINING 4 PROPERTIES will be sold with adjoining properties 2796,2806,2820 Fairlane St, Total Approx. 36,500 sq.ft. with front of 300 SqFt. Estimate 96 UNITS development plan. Walking distance to Heritage Gurdwara Sahib, shopping, parks, schools, public transit, entertainment, Mill Lake & Malls. OCP Land Use-1 Midrise- "Multi-storey low and mid-rises, & integrated ground-oriented units. Heights are initially limited to 6 storeys (taller & varied building heights, & ground floor commercial may be possible through a neighbourhood plan".Inquire with the City of Abbotsford about the potential of a subdivision. Good rental income. (id:48205)

5 Bedroom 3 Bathroom 2284
For sale
$2,050,000
5108 CEDARWOOD COURT, abbotsford, British Columbia

5108 Cedarwood Court

Abbotsford, British Columbia

Retreat from urban life to this secluded 6-bed, 4-bath oasis on Sumas Mountain with stunning valley views. The kitchen boasts a 10-ft island and a spacious pantry. The south-facing deck has everything for year-round relaxation with wind-blocking screens and heaters. The bright 2-bed basement suite opens to its own patio. Built with solid 2x6 construction, this home features laundry hookups on every floor and a wood-burning fireplace. The landscaped grounds with irrigation, vegetable garden, pond, and fountain might just make you say "I do - need this home in my life" Ample parking available, with plans for an addition included. No open houses, please book a private showing. (id:48205)

6 Bedroom 4 Bathroom 4053 sqft
For sale
$2,049,000
2728 MONTANA PLACE, abbotsford, British Columbia

2728 Montana Place

Abbotsford, British Columbia

Modern Elegance is very evident throughout this gorgeous 2 storey with a basement home. 2 bedroom legal suite (great mortgage helper) in addition to your bunker area complete with media room and rec room for the main living area. 2 covered decks - top deck off master bedroom will give you mountain views. Master bedroom has walk in closet with built in cabinetry. Tastefully landscaping includes two pillar lamp posts to frame your driveway. Elegant stone work siding. Modern light fixtures throughout. Beautiful island kitchen complete with stainless steel appliances and a spice kitchen too. A/C included, Garden shed, & Smart Hm equipped. Builder has not missed a thing while creating this home, call today to come take a closer look. (id:48205)

6 Bedroom 5 Bathroom 4538 sqft
For sale
$1,999,000
37777 TAGGART ROAD, abbotsford, British Columbia

37777 Taggart Road

Abbotsford, British Columbia

GORGEOUS 6+ acres (not in ALR!) mountaintop home with spectacular VIEWS beside famous SUMAS MOUNTAIN REGIONAL PARK for biking, hiking, fishing and swimming in beautiful CHADSEY LAKE. Enter your private gated driveway leading past your KOI POND to your CUSTOM mountaintop home with 3 fireplaces, vaulted ceilings, skylights, massive living room and dining room with spectacular MOUNTAIN and VALLEY and RIVER VIEWS. TWO master suites with walk-in closets and multi-piece baths. New stainless steel appliances in your kitchen. 1389 SF basement has $1,400+ future INCOME from a WALKOUT SUITE. Ready for ELEVATOR. Dry hydrant. Efficient heating. Cleared property to build your GARAGE, BARN, STABLE, SHOP. Near SCHOOLS for all ages. 8 min to LEDGEVIEW GOLF CLUB. Best property on the mountain! (id:48205)

3 Bedroom 4 Bathroom 4522 sqft
For sale
$1,999,000
40218 WELLS LINE ROAD, abbotsford, British Columbia

40218 Wells Line Road

Abbotsford, British Columbia

Make this your home and call yourself a true landlord. This property boasts 4.85 acres land nestled at the base of a mountain, adorned with a tranquil stream. Featuring a spacious interior exceeding 2500 sq ft, it offers versatile living arrangements, potentially accommodating 5 bedrooms (if convert the large office on main floor into a bedroom & walk-in closet upstairs into a baby room). Custom built home with recent updates, such as water tank, roof, laminate flooring and windows. Easy access to Highway 1, Close to water park, Cultus lake. (id:48205)

3 Bedroom 3 Bathroom 2565 sqft
For sale
$1,999,000
3176 ENGINEER CRESCENT, abbotsford, British Columbia

3176 Engineer Crescent

Abbotsford, British Columbia

Beautiful Basement Entry home with massive 8556 Sq Ft LOT. Custom built Home with Granite counters, high end molding, separate family room and living room space. This house boasts Open floor plan, and huge kitchen, 3 bedrooms upstairs including Master which has WIC & Ensuite bathroom, 2 Bed Mortgage helper downstairs with separate entry. There is another big rec room downstairs with full Bathroom, which can add to your ideas. Close to stores, All level of Schools, Fraser Highway and easy access to HWY #1. Call today for your private tour!!! (id:48205)

5 Bedroom 4 Bathroom 3078 sqft
For sale
$1,999,000
2660 EAGLE MOUNTAIN DRIVE, abbotsford, British Columbia

2660 Eagle Mountain Drive

Abbotsford, British Columbia

This is a 10, European builder's own home and is like new. Solid well-constructed . Good catchment of new school just 1 block away. Total of 6 bedroom and a den basement has a separate entrance for a 3 bedroom accommodation. Very fine and detail finishing all through (id:48205)

6 Bedroom 5 Bathroom 5470 sqft
For sale
$1,998,800
2786 MONTANA PLACE, abbotsford, British Columbia

2786 Montana Place

Abbotsford, British Columbia

Situated on the PEAK of the prestigious EAGLE MOUNTAIN neighbourhood, this LUXURIOUS 7 Bedroom + 7 Bathroom residence redefines elegance. An ENTERTAINER's paradise with an OPEN CONCEPT layout, featuring a grand island in the kitchen for hosting lavish gatherings + Living area with vaulted ceilings, modern fixtures + fireplace. The upper level boasts SPACIOUS bedrooms with private ensuites, laundry room + ROOF TOP DECK. Master Primary suite equipped with own PERSONAL deck, walk-in closet, and a SPA ensuite bathroom. The lower level offers versatility with 2 Bedroom LEGAL SUITE (Mortgage Helper!) + 1 bedroom additional for the main, bar, and a bunker theatre room. This home encapsulates LUXURY living, perfectly located near shopping, parks, dining, transit, and Irene Kelleher Elementary. (id:48205)

7 Bedroom 7 Bathroom 5181
For sale
$1,998,000
2496 JONQUIL COURT, abbotsford, British Columbia

2496 Jonquil Court

Abbotsford, British Columbia

Located in Abbotsford's best locations. Enjoy incredible views of mt baker and the Valley. Imagine morning coffee from your private primary bedroom patio or soaking in your spa like ensuite. The fully finished basement offers a large bed, den/office, wine room, open family/rec areas & more. The backyard provides privacy with covered patios with plenty of space for the kids and pets. The mature gardens and updated landscaping shows pride of ownership. The home has been well maintained and offers a perfect family home close to schools, shopping, and transportation. Eagle Mountain living provides a safe, quiet & family-oriented community. This 4beds+2dens home can be yours for only $433 PSF. Come discover Abbotsford Living. (id:48205)

4 Bedroom 4 Bathroom 4613 sqft
For sale
$1,998,000
2765 MCCALLUM ROAD, abbotsford, British Columbia

2765 Mccallum Road

Abbotsford, British Columbia

*BUILDER/INVESTOR ALERT!!** The property has 3rd approval for a 5-lot subdivision for 5 FEE SIMPLE LOTS FOR 5 ROWHOMES. All enquires for further development can be enquired via the Listing Agent. The property is within walking distance to Downtown Abbotsford, and close to all levels of schools, recreation, shopping centres, and easy access to the surrounding highways. Ready to have BP drawings prepared and submitted to the City while working on offsite servicing. Potential plans for units range from 3 bedrooms and a den to 4 bedrooms designed to allow a 1 bedroom suite and 3.5 baths. The list goes on. (id:48205)

For sale
$1,990,000
1783 EVERETT ROAD, abbotsford, British Columbia

1783 Everett Road

Abbotsford, British Columbia

HUGE POTENTIAL INVESTMENT/Holding Opportunity!! - This beautiful home, corner lot sits on approximately 18,730 sqft = approx. .43 ACRES! Amazing sweeping panoramic mountain and valley views !! 4 level split home with 5 LARGE bedrooms. HUGE Great Room perfect for entertainment. Open concept upgrade kitchen with new cabinetry. LARGE windows with plenty of lights. HUGE potential for subdivision or rezoning opportunity according to Bill 44. A MUST SEE TO BELIEVE WITH HUGE POTENTIALS !! (id:48205)

5 Bedroom 4 Bathroom 3184
For sale
$1,980,000
36017 SUNDEW PLACE, abbotsford, British Columbia

36017 Sundew Place

Abbotsford, British Columbia

Immaculate, updated, beautifully landscaped home on a huge fully fenced lot with a GREAT VIEW. Private location at the end of a CDS. Features inground pool, hot tub, gazabo, covered decks, triple garage and RV Parking. New windows, blinds, gutters, air conditioning, hot water on demand and hot tub. Main kitchen and all bathrooms have been updated. Flooring and roof was also replaced by current owners, when it was required. Double sinks and quartz counters in main baths. Fresh paint throughout. Multimedia Exterior Virtual Tour available below. All measurements approximate. Property contains unauthorized accommodation. Buyer/Buyers Agent to verify all information if important. (id:48205)

6 Bedroom 4 Bathroom 4500 sqft
For sale
$1,971,000
2952 BERGMAN STREET, abbotsford, British Columbia

2952 Bergman Street

Abbotsford, British Columbia

Beautiful custom 2021 built 3 storey home in the highly sought after neighbourhood of West Abbotsford/Aberdeen area. High ceiling home offering 7 bedrooms 8 baths on 6500 sqft lot. Built in vacuum, Cameras + security system, separate zone speakers, controlled radiant floor heating and AC throughout the 4658 sqft home! Double garage with a massive driveway, 2+1 basement suites plus theatre room, spice kitchen & master bedroom on main floor. Call your private appointment to view today! (id:48205)

7 Bedroom 8 Bathroom 4658 sqft
For sale
$1,949,900
32219 HARRIS ROAD, abbotsford, British Columbia

32219 Harris Road

Abbotsford, British Columbia

BEAUTIFUL 4.77 acre parcel with loads of potential in the desirable picturesque MATSQUI PRAIRIES. Enjoy the peace of country living with stunning views of the surrounding mountains and farm land. Quaint 3 BED 1 BATH home with TONS of character. LOTS of storage with MULTIPLE DETACHED BARNS. Easy ACCESSIBILITY to MAJOR HIGWAYS 11 & 7 with ample parking for TRUCKS & RVS with U-shaped driveway. Looking to Grow? The FERTILE SOIL and fabulous SUN EXPOSURE make it perfect for GARDENING or FARMING! Close to TOWN AMENITIES yet private, this property offers endless possibilities for convenient rural living. 2023 HWT & 2022 Furnace. Whether you're looking to invest, live, or BUILD - put this property on your list! (id:48205)

3 Bedroom 1 Bathroom 1560
For sale
$1,949,900
6002 GLADWIN ROAD, abbotsford, British Columbia

6002 Gladwin Road

Abbotsford, British Columbia

Looking for you, the Animal Lover! the Country Bumkin!...so look no more and come see this extensively renovated 3984 Sq Ft home, with 6 Bedrooms & 6 Bathrooms, perfectly placed on this picturesque, fully fenced & usable but private 2.19 Acre property with mountain and farmland views. Spacious main floor features a Master Bedroom, a formal Living & Dining room, a Renovated Kitchen and 2 Washrooms. Upstairs, one will find 3 BDRMS, a Flex Room & 2 Bathrooms. Downstairs suite is also completely renovated, with 2 Bedrooms+2 Bathrooms and is perfect for family use or extra Income. Numerous barns and buildings(see attached drawings) found around the property which are ideal for livestock and/or storage. Minutes to Abbotsford or Mission. Move in Ready...so call today for your personal viewing! (id:48205)

6 Bedroom 6 Bathroom 3984
For sale
$1,949,700
35625 KAHANA PLACE, abbotsford, British Columbia

35625 Kahana Place

Abbotsford, British Columbia

Nestled on one of Eagle Mountain's most desired streets, homes on this cul-de-sac are a rare find! This breathtaking 5000+ sqft 6 bed 4 bath residence is perfect for large families & entertaining with its beautifully designed layout boasting enormous rooms & meticulous craftsmanship. Massive windows flood the home w/natural light, creating an ambiance of warmth & grandeur. Step into the master suite, where a stunning vaulted ceiling adorned with millwork awaits alongside a spa-like ensuite & custom W/I closet. The convenience of a laundry room alongside the bdrms adds to the practicality of daily living. The nicely landscaped yard invites relaxation w/covered deck & patio, offering year-round enjoyment. Enjoy the excellent location w/access to a great school catchment & all amenities. (id:48205)

6 Bedroom 4 Bathroom 5059 sqft
For sale
$1,924,900
36440 EPWORTH COURT, abbotsford, British Columbia

36440 Epworth Court

Abbotsford, British Columbia

Experience SOARING MT. BAKER VIEWS from this 5106 sq ft, custom 6-bed estate w/ TRIPLE GARAGE & DAYLIGHT WALKOUT in-law suite! The grand main floor invites you w/ breathtaking views, 10' ceilings, floor-to-ceiling windows, elegant office, hardwood floors, vast covered patio w/ built-in BBQ, & more! The chef's kitchen feat. oversized quartz island, wine cooler, gas range, & S/S appliances! Upper floor offers luxurious laundry area & FOUR beds, including primary suite w/ 5-piece ensuite & an epic custom W.I.C w/ an island-fit for royalty. The FULLY finished bsmt, accessible via both garage & exterior, is versatile for multi-generational living. It includes a spacious bdrm w/ ensuite & walk-in closet, & media room w/ 10' screen projector & theater seating. This is not a house; it's a HOME! (id:48205)

6 Bedroom 4 Bathroom 5106 sqft
For sale
$1,899,900
33554 LYNN AVENUE, abbotsford, British Columbia

33554 Lynn Avenue

Abbotsford, British Columbia

Stunning family home in central location of Abbotsford. 7 bedroom and 4 bath over 3600sqft on 2 levels, including a 2 or 3 bed, ground-level suite. 10 foot coffered ceilings, engineered hardwood floors, top end Bosch kitchen, and an open floorplan that brings friends and family together. Built in 2012, the home is efficient and problem-free with HRV, air con and hot water on demand. The 8515sf lot features a huge fenced yard and covered deck with amazing in-ground pool and a hot tub that brings you outdoors any time of year. Three car garage and plenty of parking on driveway and street. Easy access to shopping and highway. Additionally this property is currently zoned for ground level oriented housing (townhouses) so buy, enjoy, and hold for future development. (id:48205)

7 Bedroom 4 Bathroom 3618 sqft
For sale
$1,899,000
34267 FRASER STREET, abbotsford, British Columbia

34267 Fraser Street

Abbotsford, British Columbia

Your *BRAND NEW HOME* Search stops here! Beautiful custom built BRAND NEW MEGA home with 2-5-10 with warranty in Abbotsford. High end finishing with modern lights, Designer color scheme, This home features 8 Bedrooms and 6 Bath. Top floor- 4 bedrooms/ 3 bathrooms. Main floor OPEN CONCEPT Family areas, dining, modern kitchen with quartz counter tops/ Beautiful kitchen and ONE MASTER bedroom on the main floor as well. BASEMENT: 2 bedrooms legal suite Plus 1 bedroom potential another suite for your mortgage help. Do not miss your chance to occupy this beauty. Call for your private appointment to view today! (id:48205)

8 Bedroom 6 Bathroom 4857 sqft
For sale
$1,899,000
2380 BEAVER STREET, abbotsford, British Columbia

2380 Beaver Street

Abbotsford, British Columbia

Welcome to this brand new beautifully designed home in Central Abbotsford. With 8 beds and 6 baths, this home offers a luxurious lifestyle w open layout, high-end finishes, stunning chandeliers and many more. Main floor features spice kitchen w pantry, full bed/bath. Includes AC, cameras and cozy fireplace. Upstairs you'll have 2 master beds with ensuite, 2bed w shared bath. Two basements with separate entrance has their own shared laundry. Conveniently located near schools, public transit, and shopping malls. This home has it all. Don't miss out, book your private viewing today! Open house June 15: 2-4pm, June 16: 2-4pm (id:48205)

8 Bedroom 6 Bathroom 3548 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