Remarkable Highstreet Village Sales Success Proves Strong Demand

Despite Interest Rate Increases, Suburban Pre-sales Success Story Points to Resilient Demand and Lack of Supply

ABBOTSFORD, British Columbia, Nov. 28, 2023 — According to the latest data released by the Fraser Valley Real Estate Board, accelerated pre-sale absorption of new multi-family homes in the Metro Vancouver and Fraser Valley markets exemplifies the continued and steady investor and end-user demand. Located in West Abbotsford, the Remarkable Highstreet Village, developed by AB Wall Group, has quickly sold over 250 homes since its January launch, highlighting strong demand from purchasers attracted by its amenities and location.

Highstreet Village is at the heart of the growing Fraser Valley region, driven by a burgeoning economy and increased population growth. The CMA of Abbotsford-Mission, with its population exceeding 195,000, is one of the fastest-growing cities in Canada, with an impressive growth rate of 8.4% over the past five years. The combination of a high-quality lifestyle, affordability, prime location, and growth has attracted new residents to Abbotsford.

Designed to promote a walkable lifestyle, Highstreet Village is a convenient “15-minute city” where residents can easily walk, bike, or take transit to their homes, workplaces, shopping, and other amenities. This masterfully planned residential community features 137 townhomes and nine mid-rise condominiums, totaling 600 homes ranging from 1 to 3-bedroom units. Uniquely, several of these townhomes offer rooftop patios, adding long-term value and appeal. Situated next to the sprawling Highstreet Shopping Centre—with over 600,000 square feet of commercial space, including a Cineplex VIP movie theatre, eateries, and retail outlets—the community blends suburban peace with urban amenities seamlessly.

Highstreet Village has captured buyer interest with its diverse housing options, notably townhomes featuring unique rooftop patios complete with garden plots.

“We are thrilled to see such strong early sales for Highstreet Village,” says Alf Wall, Principal of AB Wall Properties. “This achievement speaks volumes about the quality of our community and the enduring strength of the real estate market in the Fraser Valley. There is a strong appetite for communities that are not only well-designed but also thoughtfully planned to enrich family living and offer convenient access to essential amenities. We’re honoured to be part of the region’s ongoing success and to provide a welcoming environment where families can truly feel at home.”

These residences, both townhomes and condos, offer a contemporary aesthetic defined by designer finishes, open layouts, and windows that provide breathtaking views of the natural landscape. Alongside these architectural merits, the homes are equipped with energy-saving features like heat pumps and air-handling systems, which can be upgraded with optional AC. Every unit is EV-ready, and in the case of the condominiums, underground parking spaces also include EV charging capabilities.

Visit HighstreetVillage.ca today to explore the remarkable combination of spacious townhomes and condominiums. Spacious townhomes starting in the low 700’s. Condominiums are coming soon.