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About this home

Welcome to The Element! This bright, highly sought-after 1 bedroom end unit offers 713 sqft of modern living space with ultimate privacy. Cozy up in the inviting living room featuring a beautiful fireplace, or step out onto your private deck to relax. The spacious layout includes in-suite laundry and air conditioning to keep you comfortable all year-round. This pet-friendly complex includes secure underground parking and an unbeatable central location. Walk to popular Mill Lake or take a quick drive to the hospital, local shops and restaurants. Plus, enjoy quick and easy freeway access for a seamless commute. Perfect for first-time buyers or downsizers looking for convenience and style. Schedule your viewing today!

Property details

Beds

1 full

Baths

713 ft²

Floor area

2009

Year built

Storey

Parking

$380/mo

Strata fee

$1,774/yr

Gross tax

Location & structure

Apartment/Condo

Type

None

Basement

Yes

Garage

Carport

Fireplace

Abbotsford

Area

Central Abbotsford

Sub-area

Basement

None

Structure

Multi Family

Property highlights

Balcony

Air conditioning

In-suite laundry

Underground parking

Fireplace

Features & inclusions

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove

Heating

Baseboard, Electric

Cooling

Central Air

Parking

Underground, Side Access

Interior features

Elevator

Laundry

In Unit

Additional details

Common interest

Condominium

Main floor (ground)

713 ft²

Tax year

2025

Listed by Royal LePage Little Oak Realty. Data from BCRES. Last updated Jul 6, 2026, 4:46 PM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Mortgage estimate

Using listing data

Est. monthly total

$2,134

/mo

Rate

Amortization

Principal and interest

$1,456

Property tax

$148

Strata fee

$380

P&I

Tax

Strata

Down payment

$62,940 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $62,940 down (20%) on $314,700, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Inventory mix

What this area trades in

Within 3 km of this listing · 868 listings

Condo / Apartment	412	47.5%
Detached	199	22.9%
Townhouse	188	21.7%
Land	39	4.5%
Duplex	11	1.3%
Other	19	2.2%

Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Abbotsford · 455 dwellings

Low-rise apartment425 · 93.4%

Single-detached20 · 4.4%

Row house5 · 1.1%

Apartment in duplex5 · 1.1%

Source: Statistics Canada · 2021 Census of Population

Market story

Rent in Abbotsford

Census 2021 avg $1,132/mo here · Vancouver 1BR rent (est) trend below

$2,292

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.

CMHCBritish Columbia outlook

British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets

British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.

From the CMHC Housing Market Outlook 2026 · Jan 2026

Supply outlook

Where supply, demand, and prices are heading by 2035

CMHC scenario data, applied to this listing's metro area

House prices, 2024 to 2035

CMHC scenario comparison

18.4 percentage points

Building enough supply could keep prices 18.4 percentage points lower by 2035.

Source: CMHC supply-shortages report (2026)

Housing starts needed each year

Current pace vs CMHC supply target

7,245 units short

Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.

Source: CMHC supply-shortages report (2026)

Housing stock, 2024 to 2035

Projected dwellings under current trajectory

24.0 percentage points

Stock grows about 24.0% over the period under the business-as-usual scenario.

Source: CMHC supply-shortages report (2026)

Apartment construction pace

Apartment starts in 2025 vs the 10-year average

8.6% above

Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.

Source: CMHC supply spring 2026

Family-home construction pace

Houses and townhomes started in 2025 vs the 10-year average

20.9% below

Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.

Source: CMHC supply spring 2026

Neighbourhood demographics

Who lives in this small neighbourhood

The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.

Statistics Canada Area #59090874· Abbotsford· Transit 5/100· 0.07 km²

Median rent here

$1,132

Owner shelter cost

$1,490

Renters

71.9%

30%+ on shelter

31.3%

Population (2021)

849

Median age

47.2

Avg household size

1.9

Avg household income

$75,200

Renters

71.9%

Owners

27.1%

Immigrants

30.7%

Post-secondary

48.5%

Avg home value

$510,000

Single status

25.8%

Not in labour force

40.8%

Households with kids

20.9%

Median rent

$1,132

Owner shelter cost

$1,490

30%+ on shelter

31.3%

Breakdown

$10,000 to $14,999	5	1.1%
$15,000 to $19,999	5	1.1%
$20,000 to $24,999	35	7.6%
$25,000 to $29,999	35	7.6%
$30,000 to $34,999	20	4.3%
$35,000 to $39,999	25	5.4%
$40,000 to $44,999	25	5.4%
$45,000 to $49,999	15	3.3%
$50,000 to $59,999	40	8.7%
$60,000 to $69,999	50	10.9%
$70,000 to $79,999	35	7.6%
$80,000 to $89,999	35	7.6%
$90,000 to $99,999	25	5.4%
$100,000 to $124,999	45	9.8%
$125,000 to $149,999	30	6.5%
$150,000 to $199,999	20	4.3%
$200,000 and over	15	3.3%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59090874).

#309 – 2038 Sandalwood Crescent

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