Wiebe Properties

What Wiebe Properties does

Wiebe Properties is a privately held, family-owned real estate owner-operator headquartered in Abbotsford, British Columbia, founded by the Wiebe family in 1973. The company owns and manages 14+ multi-family residential apartment communities plus commercial retail and industrial properties across Abbotsford and the broader Fraser Valley region. Its residential portfolio spans studios through three-bedroom, two-bathroom apartments with rents ranging from approximately $1,200 to over $2,400 per month; The Douglas, a new purpose-built pet-friendly rental community in Clearbrook, is scheduled to deliver in Fall 2026.

The company runs an operational stack typical of a mid-sized landlord-operator: a dedicated tenant-facing website (abbotsfordapartments.com) for property listings and applications, listings on third-party rental platforms (Apartments.com, Rentals.ca, Zumper, Craigslist), 360-degree virtual tours for select properties, and a digital maintenance request system. Resident amenities extend beyond housing to a programmed community layer — fitness classes (Adaptive Yoga, Gentle Flow, Let's Move 55+), social events (Coffee Break, BINGO nights), reservable event spaces, guest suites, a business center, and an upcoming Evolve E-Bike Share partnership deploying 20 shared e-bikes across six communities from June 23, 2026.

Revenue is generated almost entirely through recurring monthly rental income from residential units, supplemented by commercial rental income and ancillary fees such as pet application charges. The customer base is a diversified long-tail of individual and family renters, seniors (55+), students and faculty near the University of the Fraser Valley, and commercial tenants. The business is bootstrapped and family-controlled, with no external funding, parent company, or public listing disclosed.

Name

Wiebe Properties

Legal name

Wiebe Properties

Website

https://wiebeproperties.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Wiebe Properties is a family-owned, Abbotsford-based owner-operator of 14+ purpose-built residential apartment communities and commercial properties in British Columbia's Fraser Valley, serving individual renters, families, seniors, and commercial tenants through monthly leases and on-site community amenities.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential property management
• Multi-family rentals
• Purpose-built rental housing
• Commercial property leasing
• Tenant services

Headquarters

HQ city

Abbotsford

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Supply Chain

Revenue model

1. Residential Rental Income: Monthly rental income from multi-family residential properties across 14+ properties in Abbotsford and Fraser Valley. Revenue is recurring and subscription-based, paid monthly by tenants.
2. Commercial Rental Income: Rental income from commercial retail and industrial properties managed by Wiebe Properties.
3. Pet-Related Fees: Fees associated with pet applications and approvals for pet-friendly properties (The Douglas).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels11 records

Core offering

Wiebe Properties builds and manages multi-family residential, commercial retail, and industrial rental properties in Abbotsford and the Fraser Valley, BC. Founded in 1973, the company owns and operates 14+ residential apartment communities (with The Douglas coming Fall 2026) and a commercial portfolio, providing professional property management, online rental applications, maintenance services, and resident amenities such as fitness classes, event spaces, guest suites, and an upcoming e-bike share program.

Product overview

Wiebe Properties operates a diversified property portfolio consisting of 14 residential apartment communities and commercial retail/industrial properties in Abbotsford and the Fraser Valley, BC. Founded in 1973, the company provides purpose-built rental housing managed by an experienced professional team. Their product offering is a property management services platform rather than a technology product—they offer residential units (studios through 3-bedroom apartments), commercial spaces, and resident amenities including fitness classes, event spaces, e-bike sharing, and guest suites. The Douglas (coming Fall 2026) represents their newest development. All properties are smoke-free with most being pet-free (The Douglas being the exception).

Differentiator

Problem solved

Functional benefit

Products and services

• The Douglas (upcoming) A new purpose-built rental community coming Fall 2026 to the Clearbrook area of Abbotsford, located close to parks, schools, and shopping. Pet-friendly — the only Wiebe Properties property that allows pets.
• The Hub at Central Park Village Multi-family residential apartment building at 3070 Gladwin Rd, part of the Central Park Village community, featuring event spaces including The HUB lounge (The Hive) for resident activities.
• Park Suites at Central Park Village Multi-family residential apartment buildings at 3040 and 3030 Gladwin Rd, part of the Central Park Village community.
• North & South Village Suites Multi-family residential apartment buildings at 3020, 3054 & 3060 Gladwin Rd, part of the Central Park Village community.
• Montecito North Multi-family residential apartment building at 32115 George Ferguson Way, offering 1, 2, and 3 bedroom suites.
• Marshall Grove West Multi-family residential apartment building at 33341 Marshall Rd.
• Marshall Grove East Multi-family residential apartment building at 33353 Marshall Rd.
• Mayfair Village West Multi-family residential apartment building at 33388 Mayfair Ave.
• Mayfair Village East Multi-family residential apartment building at 33392 Mayfair Ave.
• Katharine Multi-family residential apartment building at 33379 Marshall Rd.
• Avinlea Court Multi-family residential apartment building at 32435 George Ferguson Way.
• Bevan Grove Multi-family residential apartment building at 33465 Bevan Ave.
• Bevan Terrace Multi-family residential apartment building at 33467 Bevan Ave.
• Bourquin Place Multi-family residential apartment building at 2570 Bourquin Cres.
• Commercial Retail & Industrial Properties Commercial retail and industrial buildings managed by Wiebe Properties alongside their residential portfolio, leased to businesses in Abbotsford and the Fraser Valley.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Evolve E-Bike ShareminorStrategic or Co-development Partner · 23 June 2026Partnership bringing a shared electric bike program to downtown Abbotsford. Residents and the public will have access to a fleet of 20 electric bikes conveniently located across six Wiebe Properties communities. Launching June 23, 2026.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Onni Group: Major Vancouver-based developer with a significant rental housing and commercial portfolio across BC and the US Pacific Northwest. Comparable as a vertically integrated Lower Mainland developer/operator with multi-family and commercial holdings.
• Bosa Properties: Long-established Vancouver-area real estate developer with rental, commercial and mixed-use assets in BC. Comparable as a regional incumbent developer/owner with similar purpose-built rental exposure in the Lower Mainland/Fraser Valley corridor.
• Boardwalk REIT: Large Western Canada multi-family REIT with a deep Alberta and BC apartment portfolio. Comparable as a broad incumbent landlord in the same Western Canadian rental markets, competing for similar renter demographics.
• Morguard Corporation: Diversified Canadian real estate company owning and managing a multi-family, retail, office and industrial portfolio nationally. Comparable as a broad incumbent with multi-family and commercial exposure overlapping Wiebe's mixed residential/commercial model.
• CAPREIT (Canadian Apartment Properties REIT): One of Canada's largest residential landlords operating apartments and townhomes nationally. Comparable as a broad multi-family incumbent with a substantial BC portfolio, though it competes across multiple provinces rather than a single region.

Emerging players

• Avenue 33 Properties (formerly Amica at Bear Creek): Regional developer of purpose-built rental housing in the Abbotsford/Fraser Valley area. Comparable as an emerging player focused on newer-build rental product in the same micro-market where Wiebe Properties operates.

Direct peers

• Mainstreet Equity Corp. Canadian multi-family investor and operator focused on mid-tier apartments across Western Canada, including British Columbia. Comparable as an acquisition-driven multi-family owner with value-add repositioning of older rental stock.
• Northview REIT: Canadian multi-family REIT with a large portfolio of apartments and townhomes across British Columbia, Alberta, Ontario and Quebec. Comparable as a regional multi-family owner-operator with significant BC exposure and a similar mix of market and affordable rental housing.
• Concert Properties: BC-focused owner, developer and manager of purpose-built rental housing, with a portfolio spanning apartments, townhomes and mixed-use. Closest direct comparable given the shared British Columbia focus and owner-operator model of purpose-built rental communities.
• Amacon: BC-based residential developer with a history of purpose-built condominium and rental projects in the Lower Mainland and Fraser Valley. Comparable as a regional developer of multi-family housing serving overlapping Fraser Valley demand.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wiebe-properties

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wiebe Properties