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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
$1,599,000
35732 ZANATTA PLACE, abbotsford, British Columbia

35732 Zanatta Place

Abbotsford, British Columbia

Welcome to your dream home in East Abbotsford! This custom-built masterpiece exudes character and charm, showcasing mesmerizing views of the surrounding mountains, including the majestic Mt. Baker. Wake up to breathtaking sunrises and unwind with picturesque sunsets from your own windows. Bathed in natural light, the open concept layout boasts vaulted ceilings and oversized windows in the spacious living room and kitchen. Fully equipped for cinematic entertainment, the home features a wired home theater. Revel in the convenience of a vast walk-in pantry and retreat to the opulent master suite with a luxurious washroom and closet. Situated in a very quiet complex near Delair Park, enjoy easy access to Highway 1, schools, and amenities. Come see for yourself! (id:48205)

4 Bedroom 5 Bathroom 3574 sqft
For sale
$1,599,000
3044 BLUE JAY STREET, abbotsford, British Columbia

3044 Blue Jay Street

Abbotsford, British Columbia

This brand new 3-story home in West Abbotsford features 4 generously-sized bedrooms on the upper level, 6 bathrooms for added convenience, and a separate 2-bedroom legal suite. Its location offers walking distance to Highstreet mall and easy access to Hwy1, making shopping and commuting a breeze. The highlight is the spacious kitchen equipped with high-end Frigidaire professional series appliances, including a bonus spice kitchen. It boasts a large Primary bedroom with an oversized ensuite featuring his and her walk-in closets. The open concept main floor seamlessly flows into the backyard, creating a perfect space for indoor-outdoor living. With its modern design, ample living space, and proximity to schools & amenities, this home offers both comfort and convenience for a growing family. (id:48205)

6 Bedroom 6 Bathroom 3934 sqft
For sale
$1,599,000
33671 MCDOUGALL AVENUE, abbotsford, British Columbia

33671 Mcdougall Avenue

Abbotsford, British Columbia

HUGE POTENTIAL for this amazing holding property. This is not one to miss. Gold mine especially with Bill 44 and Bill 47 coming into play. It's already multi use zoned so you can start your plans now or hold and wait . Seller has prepared plans for a 6-storey apartment building with 28 units totalling 23,218 SF of buildable area. Contact listing agent for more info. (id:48205)

For sale
$1,599,000
35332 MCKINLEY DRIVE, abbotsford, British Columbia

35332 Mckinley Drive

Abbotsford, British Columbia

Discover this Sandy Hill gem - a stunning 3805 sq.ft. two-story custom home, featuring a finished legal basement suite. This 4-bedroom haven includes a main floor den, an expansive patio with a hot tub, and breathtaking mountain and valley views. Enjoy the comfort of 3 gas fireplaces and the exquisite attention to detail throughout. Located in the coveted Sandy Hill area, this home offers convenience and luxury. The design merges indoor and outdoor living, maximizing the scenic surroundings. The true star of this home is the spectacular view that takes center stage, effortlessly complemented by the property's casual elegance. Seize this exceptional opportunity to reside in a coveted neighbourhood Claim this dream home as your own sanctuary today! (id:48205)

7 Bedroom 4 Bathroom 3806 sqft
For sale
$1,595,000
2515 HYATT PLACE, abbotsford, British Columbia

2515 Hyatt Place

Abbotsford, British Columbia

RARE West Coast Contemporary home on quiet cul-de-sac w/part ownership in private 2.5 acre park. Updated & well maintained 5 bed/3 bath Rancher w/basement, incl. LUXURY high-end finishes throughout; custom solid wood cabinetry, quartz counters, engineered hardwood floors, Fisher Paykel appliances, gas BBQ hook up, fenced yard. Chef's kitchen opens onto the light drenched living room, w/cedar-lined vaulted ceilings, wood burning fireplace. Primary Suite is a personal retreat, boasting sitting area w/gas fireplace, custom walk-in closet, heated floors & rain head shower in en-suite. Downstairs you'll find the media room, rec room complete with bar, and ample storage. 4 car garage or shop is ready for hobbies, w/sani dump in driveway. Too many features to list, you must come see in person! (id:48205)

5 Bedroom 3 Bathroom 4302 sqft
For sale
$1,595,000
2514 LILAC STREET, abbotsford, British Columbia

2514 Lilac Street

Abbotsford, British Columbia

Location, Location, Location!!! Great investment. Update basement entry family home with 3 bedroom legal suite as a Mortgage helper. Huge 9730 subdividable lot. Check with City for new rules. Possibility to build a 4-plex. OCP is urban infill. Upstairs is renovated 3 bedrooms. 2Pc. ens. & full bath. Updates are New floors, Kitchen, bathroom, Tiles & plumbing fixtures. This home is perfect for a family to live upstairs & collect rent from 3 bedroom large bsmt. Total rent $4000/mo. Only 5 minutes walk to Shopping mall, Grocery stores, Banks, Restaurants etc. 3 Blocks to all 3 levels of schools. Motivated Seller. Can trade for acreage in Abby or Aldergrove. Seller may carry private 2nd mortgage. Must give 24 hrs. notice to show. Do NOT disturb tenants. Let's make a deal. (id:48205)

5 Bedroom 3 Bathroom 2360 sqft
For sale
$1,588,000
2750 BRISTOL DRIVE, abbotsford, British Columbia

2750 Bristol Drive

Abbotsford, British Columbia

One of the most prestigious neighbourhoods, The Quarry! This quality custom built 2012 home boasts just under 3000 sqft of living space and is in immaculate condition. One of the few homes in the neighbourhood featuring 5 bedrooms plus office and 4.5 bathrooms. Open concept main floor living area with high ceilings that leads you right out to your covered patio and spacious fenced flat backyard. Throughout the house you will find granite counters, hardwood floors, lots of storage, brown maple cabinets & stainless-steel appliances. Legal 2-bedroom/2-bathroom suite with separate laundry and entrance (one bed./one bath rented). There are 8 parking spots: 2 in the garage, 4 on the front driveway and 2 reserved for tenants on the back lane- on the property. (id:48205)

5 Bedroom 5 Bathroom 2709
For sale
$1,584,900
2371 BEDFORD PLACE, abbotsford, British Columbia

2371 Bedford Place

Abbotsford, British Columbia

STOP, LOOK & COMPARE !! Custom built by owner. Spacious 2 story home has 5 large bedrooms up. 4 bedrooms has W/I closets. 3 full baths up including 5 pc. large ensuite. Large 2 bedroom unauthorized suite on ground floor with separate entry. Balcony with view from bdrm. Good size office on main. Spacious foyer leads to high ceiling Living & dining room. Spice Kitchen. Main Kitchen with Centre Island, double door pantry & nook area. Walk out to cover Sundeck overlooking a private fenced backyard. Big Lot over 9000 sq. ft. House is perfectly situated in a very quiet cul-de-sac with private street. Central location. Highly sought after area. Walk to Mill lake, restaurants, schools, shopping, City hall, Library. Only 5 minutes drive to Stadium, Pool & Ag Rec. Seller have bought. Vacant. Show & Sell !! (id:48205)

6 Bedroom 4 Bathroom 3770 sqft
For sale Open House
$1,575,000
14195 62A AVENUE, abbotsford, British Columbia

14195 62a Avenue

Abbotsford, British Columbia

Fabulous House in Sullivan, 6 Bedrooms 5 Bathrooms, Coach House + 2 Bedrooms Basement Suite, Main Floor Features top of line Kitchen Cabinets, Granite Countertops, living room with Gas Fireplace, Upper Floor has 3 large Bedrooms & 2 Full Washrooms(1 Ensuite), Basement has separate entry 2 Bedrooms Mortgage Helper, Coach house is above the Garage is 1 Bedroom Mortgage Helper with a Separate Laundry & Hot Water Tank. Close to Transit, Schools. Coach House can be rented for $1500 a month , 2 Bedrooms basement for $2000 a month, total $3500 a month. Open House June 29/30 2-4pm (id:48205)

6 Bedroom 5 Bathroom 3024 sqft
For sale
$1,575,000
2568 STONECROFT DRIVE, abbotsford, British Columbia

2568 Stonecroft Drive

Abbotsford, British Columbia

Discover this 4,200+ sq ft custom-built home on a large private corner lot with extensive landscaping. This elegant property features 5 bedrooms, 4 bathrooms, and sweeping views of Mt. Baker and Sumas Valley from the top two floors. The living and dining rooms boast high glass walls and coffered ceilings, filling the main floor with natural light. Main floor office can easily serve as a 6th bedroom if desired. Large primary bedroom includes a spacious ensuite where you can take in stunning views from the comfort of your deep soaker tub. Basement is ideally suited for conversion into a 2-bedroom suite, adding great potential for rental income. This home is a perfect blend of craftsmanship, comfort, and functionality, making it an ideal choice for discerning buyers. (id:48205)

5 Bedroom 4 Bathroom 4228 sqft
For sale
$1,574,999
2153 EBONY STREET, abbotsford, British Columbia

2153 Ebony Street

Abbotsford, British Columbia

Custom built in 2015 a beautifully designed home in central Abbotsford. This home awaits your family with five bedrooms, five bathrooms, theatre room, legal two bedroom suite mortgage helper, beautiful kitchen and a covered patio looking out into your private backyard. Very bright, open concept living room and family room with 12 ft ceilings and 18 ft ceilings in the main entry way. High end floors throughout, plenty of natural light with many larger windows, URC home automation control system to control all your electronic devices, built in ceiling speakers throughout the home and surround sound system in the theatre room. Close to all amenities and close to all levels of Schools. Home is like NEW.... (id:48205)

5 Bedroom 5 Bathroom 3689 sqft
For sale
$1,565,000
3626 SYLVAN PLACE, abbotsford, British Columbia

3626 Sylvan Place

Abbotsford, British Columbia

This home features a total of 6 bedrooms and 4 bathrooms with a fenced private yard and a spacious driveway that can accommodate multiple vehicles. Has a fully renovated two-bedroom basement suite as a mortgage helper with a separate entry. This property is situated close to schools, recreation, transit, shopping and close to all major routes and highways. Call today to book your private showing! (id:48205)

6 Bedroom 4 Bathroom 2640 sqft
For sale
$1,550,000
34309 GREEN AVENUE, abbotsford, British Columbia

34309 Green Avenue

Abbotsford, British Columbia

YOUR SEARCH FOR GREAT INVESTMENT PROPERTY ENDS NOW.!Beautifully well maintained home on nearly 10,000 sq ft flat lot in a quiet neighborhood.Great family home featuring large kitchen,S/S appliances,lots of built-in cabinet space & dining room area which opens to huge covered sundeck.3 bedrooms upstairs & basement with separate entry that has 2 bedroom down with den(no window but currently used as bedroom)& flex room easily can be converted into suite.Recently updated dishwasher & replaced Clth washer.Enjoy the private fenced-in backyard with workshop storage/shed.Double car garage with lots of driveway parking.5 minutes to downtown Abbotsford,shopping stores & close to all levels of schools.PROPERTY HAS LOTS OF FUTURE DEVELOPMENT POTENTIAL(SUBDIVISION OR FOUR-PLEX)buyer verify with city. (id:48205)

5 Bedroom 2 Bathroom 2450 sqft
For sale
$1,550,000
35597 KAHANA PLACE, abbotsford, British Columbia

35597 Kahana Place

Abbotsford, British Columbia

Here it is! This beautiful 5 bedroom 4 bathroom home sits on a private lot one of Eagle Mountain's most sought after cul-de-sacs. Some of the features of this home include a bright open floor plan with high end finishings, extensive use of crown mouldings, trey ceilings, hardwood flooring, lots of large windows, granite counters, custom cabinets, and newer s/s appliances. Upstairs features 4 generous sized bedrooms including primary bedroom with gorgeous ensuite and walk-in closet. Geothermal heating & cooling. Huge rec room with wet bar downstairs. Basement has separate entry. Nicely landscaped and a fully fenced backyard. Geothermal Heat and 2 Natural Gas Fireplaces. Quality Build by Buzz Stobbe. Close to new Irene Kelleher Elementary school. Great location, perfect for families. (id:48205)

5 Bedroom 4 Bathroom 3584 sqft
For sale
$1,550,000
201 MCCALLUM ROAD, abbotsford, British Columbia

201 Mccallum Road

Abbotsford, British Columbia

THE MOST UNIQUE PROPERTY IN ABBOTSFORD! Entertain in stunning wine room with amazing ambiance & exquisite chandeliers. Have a glass wine or cup a coffee & enjoy Mt. Baker views on deck! .609 Acre property is your very own slice of paradise. 2020 built 908 sq/ft 2 bed home w/ amazing attached 960 sq/ft shop/garage boasting. Quality finishes throughout including Bertazzonni gas range & canopy hood fan, central A/C. Situated on desirable no thru street in the BEST location, mins to all amenities & Hwy. BONUS - Potential build your dream home at back of the property. Save $$ Septic System & Conceptual Plans are ready for the new home! Features - City Water, Board of Variance - reduced setback & A.L.C. Exemption Letter. OUT OF FLOODPLAIN! Bring your creative offer, vendor financing available. (id:48205)

2 Bedroom 2 Bathroom 908 sqft
For sale
$1,549,900
2711 BRISTOL DRIVE, abbotsford, British Columbia

2711 Bristol Drive

Abbotsford, British Columbia

Welcome to the Quarry in East Abbotsford! Stunning basement entry executive home featuring 6 Bedrooms + 4 Bathrooms and over 3,300 + Sq Ft of living space. This home has it all and checks off all the boxes! Open concept main floor boasting gourmet kitchen with large island,S/S appliances and granite countertops, walk out level, private & fenced backyard with patio, 3 bedrooms upstairs, & massive primary bedroom with 5 piece ensuite and a front deck for morning coffees. Basement on the ground floor offers a legal basement suite that could be a 1, 2, or even 3 bedroom suite with separate laundry in place. Tons of extras including triple car garage, tons of driveway parking, heat pump and AC, heated tile floors, and much more. In a quiet neighborhood within walking distance to great schools. (id:48205)

6 Bedroom 4 Bathroom 3319 sqft
For sale
$1,549,900
31701 UPLAND CRESCENT, abbotsford, British Columbia

31701 Upland Crescent

Abbotsford, British Columbia

Check out this brand-new single-family home in West Abbotsford. This 3140 sq.ft home offers Spacious 4-Beds upstairs and 1-Bedroom on main and 2 bedroom in basement suite Great Mortgage helper. Located in the heart of west Abbotsford, with walking distance to all levels of schools, shopping and Walk to Fish Trap Creek Park. (id:48205)

7 Bedroom 5 Bathroom 3140
For sale
$1,549,000
35942 MARSHALL ROAD, abbotsford, British Columbia

35942 Marshall Road

Abbotsford, British Columbia

Nestled in East Abbotsford, this stunning home boasts 4 bedrooms and 3 bathrooms in the main house (1 Bedroom and Full Bath on Main Floor), along with two separate 2-bedroom basement suites. Both the basement suites are rented for $3250 per month. With 4432 sq. ft. of living space on a 7283 sq. ft. lot and a double car garage, it offers ample space and convenience. Inside, an open-concept layout and high-end finishes create an inviting atmosphere, while outside, a beautiful backyard features a huge patio and hot tub with amazing views. Conveniently located near schools, shopping, parks, and Hwy 1, it's the epitome of luxurious living with breathtaking views. Open House Sunday 23 June 1 PM - 3 PM. (id:48205)

8 Bedroom 5 Bathroom 4432 sqft
For sale
$1,549,000
3 36189 LOWER SUMAS MOUNTAIN ROAD, abbotsford, British Columbia

3 36189 Lower Sumas Mountain Road

Abbotsford, British Columbia

Welcome to your new home at Mountain Falls, a community known for its beautifully designed homes & tranquil surroundings, nestled on the serene slopes of Lower Sumas Mountain. This elegant Rancher w/Bsmt is situated on a large 9,085 sq. ft. lot and features 7 bedrooms, 5 bathrooms, 3,646 sq. ft. of spacious & bright living space, high ceilings, large windows, gourmet kitchen, A/C, luxurious master suite & beautiful outdoor space. Home includes a 2 bedroom LEGAL suite, as well as a 2 bedroom in law suite, both have separate laundry. Enjoy stunning views of the surrounding mountains & access to many walking trails, lush green spaces, and stunning views of the Fraser Valley and surrounding mountains. Conveniently located within close proximity to schools, shopping, dining, golf course & more! (id:48205)

7 Bedroom 5 Bathroom 3646 sqft
For sale
$1,549,000
35437 JADE DRIVE, abbotsford, British Columbia

35437 Jade Drive

Abbotsford, British Columbia

Welcome to Jade Drive, Eagle Mountain's most sought after streets! This elegant home offers traditional living. 4 bedroom (possible 5) and 3 full baths, private walk-out patio off the expansive maple kitchen. This well built home backs on to a maintenance free private backyard. Bring your ideas to the fully finished basement. It already boasts a bedroom, a large rec room with 4 piece bathroom plus a den. Full A/C. Oversize garage and composite tile roof. 2 mins walking distance to new elementary school. Making it a perfect affordable and truly remarkable living home for families! (id:48205)

4 Bedroom 3 Bathroom 3036
For sale
$1,549,000
33551 CANNON AVENUE, abbotsford, British Columbia

33551 Cannon Avenue

Abbotsford, British Columbia

LAND ASSEMBLY - A Unique opportunity to acquire a development site consisting of 3 adjacent single-family homes located at 33533, 33541 & 33551 Cannon Avenue! By assembling these three properties totaling 23,915 (180 frontage by 134) you can unlock their combined potential for a larger development project. No easements or creeks, flat land, ready and prefect for development. This development site is conveniently located in Central Abbotsford within close proximity to the new Montrose bus exchange (TOA Density), all levels of schools, numerous parks, restaurants, Abbotsford Regional Hospital & Cancer Center, McCallum Junction, recreation, public transit & Hwy. 1, making it an ideal location! Bring your vision to life, contact us now to obtain an information package and schedule a showing. (id:48205)

3 Bedroom 2 Bathroom 1227
For sale
$1,549,000
33533 CANNON AVENUE, abbotsford, British Columbia

33533 Cannon Avenue

Abbotsford, British Columbia

LAND ASSEMBLY - A Unique opportunity to acquire a development site consisting of 3 adjacent single-family homes located at 33533, 33541 & 33551 Cannon Avenue! By assembling these three properties totaling 23,915 (180 frontage by 134) you can unlock their combined potential for a larger development project. No easements or creeks, flat land, ready and prefect for development. This development site is conveniently located in Central Abbotsford within close proximity to the new Montrose bus exchange (TOA Density), all levels of schools, numerous parks, restaurants, Abbotsford Regional Hospital & Cancer Center, McCallum Junction, recreation, public transit & Hwy. 1, making it an ideal location! Bring your vision to life, contact us now to obtain an information package and schedule a showing. (id:48205)

3 Bedroom 1 Bathroom 1956
For sale
$1,549,000
33533 CANNON AVENUE, abbotsford, British Columbia

33533 Cannon Avenue

Abbotsford, British Columbia

LAND ASSEMBLY - A Unique opportunity to acquire a development site consisting of 3 adjacent single-family homes located at 33533, 33541 & 33551 Cannon Avenue! By assembling these three properties totaling 23,915 (180 frontage by 134) you can unlock their combined potential for a larger development project. No easements or creeks, flat land, ready and prefect for development. This development site is conveniently located in Central Abbotsford within close proximity to the new Montrose bus exchange (TOA Density), all levels of schools, numerous parks, restaurants, Abbotsford Regional Hospital & Cancer Center, McCallum Junction, recreation, public transit & Hwy. 1, making it an ideal location! Bring your vision to life, contact us now to obtain an information package and schedule a showing. (id:48205)

For sale
$1,549,000
33541 CANNON AVENUE, abbotsford, British Columbia

33541 Cannon Avenue

Abbotsford, British Columbia

LAND ASSEMBLY - A Unique opportunity to acquire a development site consisting of 3 adjacent single-family homes located at 33533, 33541 & 33551 Cannon Avenue! By assembling these three properties, totaling 23,915 (180 frontage by 134) you can unlock their combined potential for a larger development project. No easements or creeks, flat land, ready and prefect for development. This development site is conveniently located in Central Abbotsford within close proximity to the new Montrose bus exchange (TOA Density), all levels of schools, numerous parks, restaurants, Abbotsford Regional Hospital & Cancer Center, McCallum Junction, recreation, public transit & Hwy.1, making it an ideal location! Bring your vision to life, contact us now to obtain an information package and schedule a showing. (id:48205)

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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