Abbotsford Real Estate

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Situated in the beautiful Fraser Valley, 50 minutes from Vancouver, Abbotsford is a unique blend of urban amenities and rural comfort — truly a City in the Country. Abbotsford is a great place to live, work and play.

Young families and working professionals continue to relocate to Abbotsford, drawn by the affordable real estate and superior quality of life. Boasting one of the fastest growing economies in Canada, this thriving community has grown to become the 5th largest city in British Columbia.

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Today

Abbotsford is a multicultural and diverse community. Its thriving economy is fuelled primarily by the manufacturing, aerospace and agriculture sectors. Surrounded by an abundance of fertile grounds, Abbotsford is also the largest farm gate in the province, producing over $453 million annually. Within this rural setting is the Abbotsford International Airport (YXX), Canada’s 6th busiest airport. Residents can fly anywhere in the world via Abbotsford which serves over 500,000 passengers a year. The Airport employs an estimated 1,600 people and has an annual economic impact of $250 million on the local economy.

Opportunities

Abbotsford’s City in the Country Plan ensures that the need for land to serve the growing population is met while preserving the community’s agricultural heritage. Current real estate opportunities, coupled with the city’s strong transportation network make Abbotsford a desirable location for many businesses. The City’s close proximity to key transportation infrastructure including the Abbotsford International Airport, U.S. border crossings and the Trans-Canada Hwy (Hwy #1), make the City a prime location for growing business. The community’s investment in education means a highly educated and skilled labour force. Unique partnerships between local industry and the University College of the Fraser Valley mean local employers have employees that have specific job-ready skills that can meet market demand for products and services.

Future

Photo of New Hospital Under ConstructionWith the completion of the Abbotsford Regional Hospital and Cancer Centre in 2008, this 55,000 square metre regional facility will provide enhanced research and specialized health care services to Fraser Valley residents. The Abbotsford Airport will continue to evolve to meet the regions transportation needs with a new passenger terminal, increased air cargo and freight services, a hotel and business park for aerospace-related services.

Location:

* South western part of British Columbia
* Central Fraser Valley

Population:

* 137,000

Labour Force:

* 58,145 (2001 census)
* Labour Base: Manufacturing, Retail, Agricultural, Health Services, Construction

Employment:

* 4.3% Unemployment

Growth:

* 10.5% population growth (2001-2005)

Key Opportunities:

* Manufacturing
* Aerospace
* Agriculture
* Healthcare
* Sports Tourism