Cloverdale BC Homes for Sale

Cloverdale BC is a rapidly growing area making Cloverdale an ideal and safe place for real estate investments. Cloverdale has been recognized as the second fastest area of growth in Greater Vancouver Regional District (GVRD) with promising forecasts of rising house prices over the coming years. Cloverdale MLS listings show that many homes for sale in Cloverdale BC are located on quiet inner streets where you may find children playing in the front yard or enjoying road ball hockey. Contact Sutton Real Estate agent Natasha Taylor of the Taylor Team at 1-778-316-4290 to find out more about condos, townhomes and detached homes for sale in Cloverdale, British Columbia.

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For sale $11,000,000
4664 192 STREET, surrey, British Columbia

4664 192 Street

Surrey, British Columbia

5 Bedroom 3 Bathroom 3700 sqft
For sale $9,000,000
4718 192 STREET, surrey, British Columbia

4718 192 Street

Surrey, British Columbia

2 Bedroom 1 Bathroom 1000 sqft
For sale $5,999,000
18368 FRASER HIGHWAY, surrey, British Columbia

18368 Fraser Highway

Surrey, British Columbia

1 Bedroom 1 Bathroom 700 sqft
For sale $5,000,000
19110 42A AVENUE, surrey, British Columbia

19110 42a Avenue

Surrey, British Columbia

4 Bedroom 4 Bathroom 7562 sqft
For sale $4,400,000
16710 57A AVENUE, surrey, British Columbia

16710 57a Avenue

Surrey, British Columbia

3 Bedroom 1 Bathroom 1200 sqft
For sale $3,500,000
16216 20 AVENUE, surrey, British Columbia

16216 20 Avenue

Surrey, British Columbia

4 Bedroom 3 Bathroom 3726 sqft
For sale $3,500,000
5555 184 STREET, surrey, British Columbia

5555 184 Street

Surrey, British Columbia

6 Bedroom 3 Bathroom 3184 sqft
For sale $3,500,000
4938 188 STREET, surrey, British Columbia

4938 188 Street

Surrey, British Columbia

For sale $3,488,000
18903 40 AVENUE, surrey, British Columbia

18903 40 Avenue

Surrey, British Columbia

8 Bedroom 8 Bathroom 4850 sqft
For sale $3,100,000
17986 67 AVENUE, surrey, British Columbia

17986 67 Avenue

Surrey, British Columbia

3 Bedroom 4 Bathroom 3756 sqft
For sale $2,998,000
6157 152A STREET, surrey, British Columbia

6157 152a Street

Surrey, British Columbia

8 Bedroom 6 Bathroom 6737 sqft
For sale $2,888,888
7285 145A STREET, surrey, British Columbia

7285 145a Street

Surrey, British Columbia

8 Bedroom 8 Bathroom 5955 sqft
For sale $2,798,000
3563 MORGAN CREEK WAY, surrey, British Columbia

3563 Morgan Creek Way

Surrey, British Columbia

6 Bedroom 6 Bathroom 5591 sqft
For sale $2,750,000
3762-3792 176 STREET, surrey, British Columbia

3762-3792 176 Street

Surrey, British Columbia

For sale $2,599,999
7378 149 STREET, surrey, British Columbia

7378 149 Street

Surrey, British Columbia

9 Bedroom 7 Bathroom 6630 sqft
For sale $2,499,999
5483 188 STREET, surrey, British Columbia

5483 188 Street

Surrey, British Columbia

8 Bedroom 9 Bathroom 7039 sqft
For sale $2,499,888
5475 188 STREET, surrey, British Columbia

5475 188 Street

Surrey, British Columbia

6 Bedroom 8 Bathroom 6591 sqft
For sale $2,400,000
6631 152 STREET, surrey, British Columbia

6631 152 Street

Surrey, British Columbia

2431 sqft
For sale $2,399,999
18618 57 AVENUE, surrey, British Columbia

18618 57 Avenue

Surrey, British Columbia

9 Bedroom 8 Bathroom 6178 sqft
For sale $2,399,900
17246 4 AVENUE, surrey, British Columbia

17246 4 Avenue

Surrey, British Columbia

7 Bedroom 6 Bathroom 5008 sqft
For sale $2,350,000
17411 59 AVENUE, cloverdale, British Columbia

17411 59 Avenue

Cloverdale, British Columbia

For sale $2,250,000
16133 30B AVENUE, surrey, British Columbia

16133 30b Avenue

Surrey, British Columbia

For sale $2,200,000
14725 59 AVENUE, surrey, British Columbia

14725 59 Avenue

Surrey, British Columbia

For sale $2,200,000
14425 79 AVENUE, surrey, British Columbia

14425 79 Avenue

Surrey, British Columbia

7 Bedroom 5 Bathroom 4367 sqft
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About The City of

Cloverdale

Cloverdale makes up a decent portion of Surrey but is very different from the typical feel and lifestyle of other parts of Surrey BC. Cloverdale real estate offers a safe place to live and raise a family. There are many great schools, great recreational centres, and plenty of annual events and activities to keep one entertained. Additionally, Cloverdale is home to the renowned Cloverdale Rodeo and Cloverdale Athletic Park. Then there’s also The Cloverdale Millennium Amphitheatre, which features special Canada Day celebrations, annual fairs and rides, Cancer Fundraisers (with live bands and concerts), plus many more festive events.

Cloverdale, BC is a quaint town within Surrey and just west of the City of Langley. This historic small town started off as a farming community in the late 1800’s due to its fertile land a temperate climate. Nowadays, Cloverdale is one of the most respected cities in Surrey with dozens of heritage buildings, a large film and television scene, and the famous Cloverdale Rodeo, which just so happens to be the fifth largest rodeo in Canada.

Neighborhoods in

Cloverdale

There are plenty of amazing neighborhoods in Cloverdale, each offering a slightly different lifestyle. Whether you’re looking for luxurious and modern neighborhoods, or a quiet rancher cul-de-sac, Cloverdale has it all.

Cloverdale has a lot of farmland but to accommodate the growth of the city, Cloverdale opened up some of the land reserves to welcome the construction of numerous new neighborhoods. Because of this, new homes for sale in Cloverdale, BC can be quite affordable when compared to other communities in the Fraser Valley.

map of clodverdale neighborhoods
  • North Cloverdale West
  • Lord Tweedsmuir
  • Churchland Park Area
  • Downtown Cloverdale
  • West Cloverdale South
  • Cloverdale Heights
  • Greenaway Park

  • Claude Harvie

  • West Cloverdale North
  • Bose Forest Area

  • AJ McLellan Park

  • Guy Richardson Park

Amenities in

Cloverdale

In recent years, the City of Surrey has been working closely with Cloverdale council to further develop the cities amenities. Many of the most respected athletic parks and Recreation Centre’s in Surrey are located in Cloverdale.

If you’ve ever visited Cloverdale before, then you must have noticed how they have plenty of parks, recreational facilities, libraries, and public spaces. Cloverdale is a tight-knit community with a very strong commitment to art, sports, and recreation.

  • Cloverdale Recreation Centre
  • Clayton Community Centre
  • Cloverdale Arena
  • Hazelgrove Park
  • Cloverdale Athletic Park
  • Museum of Surrey
  • Clayton Dog Off-leash Park

There are plenty of excellent schools in Cloverdale. Whether you’re planning to send your children to prestigious private schools, public elementary schools, or enroll them in after-school studies, there are dozens of options available.

For families thinking of making a move to Cloverdale, BC here is a list of all Elementary and Secondary Schools.

Cloverdale Elementary Schools:

  • A.J. McLellan – 16545 61 Avenue
  • Adams Road – 18228 68 Avenue
  • Clayton – 7541 – 184 Street
  • Cloverdale Traditional – 17857 – 56 Avenue
  • Don Christian – 6256 – 184 Street
  • East Clayton – 18680 – 72 Avenue
  • George Greenaway – 17285 – 61A Avenue
  • Latimer Road – 19233 – 60 Avenue
  • Martha Currie – 5811 – 184 Street
  • Sunrise Ridge – 18690 – 60 Avenue
  • Surrey Centre – 16670 Old McLellan Road
  • William Watson – 16450 – 80 Avenue

Cloverdale Secondary Schools:

  • Clayton Heights – 7003 188 Street
  • Lord Tweedsmuir – 6151 180 Street

Private Schools in Cloverdale:

  • Cloverdale Catholic – 17511 59 Avenue
  • Cloverdale Christian School – 5950 179 Street
  • Diamond Elementary and Secondary – 18620 56 Avenue
  • Relevant High School – 18620 56 Avenue
  • William of Orange Christian School – 17465 60 Avenue

Shopping and entertainment are two things Cloverdale locals take very seriously. With plenty of local entrepreneurs with shops in Downtown Cloverdale and large-scale rodeo events held at the 30,000 sqft Agriplex.

  • Cloverdale Rodeo & Country Fair
  • Elements Casino
  • Fraser Downs Racetrack
  • Northview Golf & Country Club

In recent years, Cloverdale has been working to improve its public transportation and walkability scores. While the downtown core is easily walkable, the rest of Cloverdale mostly requires a vehicle for efficient transportation.

  • Uber
  • Translink
  • Pacific Cabs Taxi Service
  • KPU Inter-Campus Shuttles

Economic Stats for

Cloverdale

Whenever you’re thinking about purchasing a property, it is worth understanding how the local economy is performing. By having a strong understanding of Cloverdale’s economic statistics you will then be able to determine whether the investment is right for you and your family.

Cloverdale’s population is growing at a faster rate than the rest of Surrey. Between 2011 and 2016, Clovderdale’s population grew by 21% compared to Surrey’s 11% growth.

As more and more Vancouver families relocate to the East of the Fraser River, Cloverdale is well-positioned for significant population growth over the next 5 to 10 years.

The last 2016 Census Data shows Cloverdale’s average household income at $103,000 per year. With all of the recent economic improvements in the town, it is reasonable to predict the average household income will continue to grow over the next decade.

Similar to many other communities within the Fraser Valley, Cloverdale has seen excellent appreciation in the last few years.

Cloverdale March 2021 Price Three Year % Change
Detached House $1,338,000 28%
Townhouse $696,1000 14%
Apartment/Condo $504,000 -0.5%

(From MLS® Home Price Index – Fraser Valley Real Estate Board March 2021.)

CLOVERDALE CONDOS

While the benchmark price for condos in Cloverdale is near $500,000 as of March 2021 there are still several condos for sale in the $400,000 range. Most new condos in Cloverdale are situated between 64 and 68 Avenue in close proximity to Willowbrook Shopping Center on the border of Cloverdale and Langley. Top choices for condos in Cloverdale include family-oriented Calera within walking distance of Clayton Heights, the highly sought-after Waterstone complex with state-of-the-art amenities, and resort-style living at Saint Andrews near Northview Golf Course.

CLOVERDALE TOWNHOMES

The real estate market in Cloverdale is primarily made up of single and multifamily detached homes with an ever-growing amount of row houses and townhomes being developed throughout the Clayton Real Estate section of Cloverdale. Homes for sale in Cloverdale are priced very reasonably compared to other Lower Mainland communities but are likely to see an increase in prices over the next few years. Starting prices for townhomes for sale in Cloverdale are approximately $650,000! This makes it easy to see why the townhome prices are likely to go up in the Cloverdale area as there are not a lot of places left in Surrey’s Real Estate market that start at such a low of a price point or are in as good of condition and age.

CLOVERDALE DETACHED HOMES

Detached homes for sale in Cloverdale start at approximately $1,00,000 – $1,800,000. You can’t go wrong buying a home in Cloverdale as a lot of detached homes for sale have suites to provide additional income. The amount of rent will vary depending on what part of Cloverdale you are in plus the size, age, and design of the secondary suite. Our Sutton Realty agents at The Taylor Team are top producing realtors in Cloverdale. We can help ensure you are making the right decision when buying a home in Cloverdale with a suite, and that you can maximize your rental income.

Residential Property Tax Rate for Surrey from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.189%     0.123%       0.346%
2019     0.176%     0.114%       0.319%
2018     0.181%     0.116%       0.326%

While Cloverdale has a wide variety of industries and businesses, there is a heavy emphasis on agricultural products and services.

It comes as no surprise that the Cloverdale Rodeo is such a national success considering how many of the locals are deeply engrained in the agricultural industry whether directly or indirectly.

Film and Television have a large presence in the community as well. With the likes of Andy Samberg, Danny DeVito, and Megan Fox all having shot several hit films in town.

Rental Potential in

Cloverdale

Are you a rental property investor searching for your next property? Or even a young family looking to offset the cost our your dream home with a mortgage help? Then you need to understand the common costs and rental rates in Cloverdale.

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 Cloverdale, you can expect to pay around 0.334% 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.

Much like the rest of Surrey, Cloverdale has experienced an increase in demand for rental properties.

In fact, CMHC’s reported that in 2017 vacancy rates were as low as 0.6% across Surrey. Considering there has been a shortage in housing in the last several years, we can only assume vacancy rates are similar to 2017 levels.

As reported by CMHC, Surrey’s average rental rates are in excess of $1,000 per month with the graph showing a healthy trend up-and-to-the-right.

As we all know, each neighbourhood and property type will be able to demand rental rates at different rates. So it’s best to speak with a local real estate agent who understands your property and the market demand.

Estimated Monthly Rents:

1 Bedroom – $1,150 – $1,400 per month

2 Bedroom – $1,700 – $1,900 per month

3 Bedroom – $2,200 – $3,400 per month