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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 Open House
$1,458,888
8555 145 STREET, surrey, British Columbia

8555 145 Street

Surrey, British Columbia

This Oasis got it all- Dramatic vaulted ceilings in the living to a massive kitchen and dining area. Opening up to a spectacular backyard offering a private and place to enjoy perfect summer BBQ. Massive 9-car parking space makes sure that you can host your friends and family over without any parking concerns. An open backyard porch. Walking distance to Enver Creek Secondary school, Brookside Elementary School. Minutes away from Sri Guru Singh Sabha Gurdwara, Sri Lakshmi Narayan Mandir, Costco, Starbucks, Groceries, shopping, parks, Surrey Memorial Hospital and many more! Hop on the highway in just a matter of a couple of minutes and bonus as an upcoming Green Timbers Skytrain Makes this location a hidden gem perfect home to grow your family or invest. Bonus- Spacious 1 Bed mortgage helper (id:48205)

5 Bedroom 4 Bathroom 2746
For sale Open House
$1,450,000
6076 163A STREET, surrey, British Columbia

6076 163a Street

Surrey, British Columbia

Welcome to your quiet cul-de-sac home on the hill in desirable West Cloverdale. This Foxridge built 3 bedroom home has a bright main floor with spacious living room, dining area, and kitchen with S/S appliances and hardwood floors. Upstairs are three bedrooms - the primary with a beautiful ensuite bathroom boasting a soaker tub and double sinks. The 2 other bedrooms share a full jack and jill bathroom. The lower floor is currently unfinished, awaiting your ideas! This home has been lovingly maintained by its original owners. The neighbourhood is excellent, with parks, walking trails, elementary school, and shops at the bottom of the hill. See the home and neighbourhood in the virtual tour URL. (id:48205)

3 Bedroom 3 Bathroom 2708
For sale Open House
$1,449,999
18244 60A AVENUE, surrey, British Columbia

18244 60a Avenue

Surrey, British Columbia

Welcome to this Cloverdale Hilltop home, with fabulous street appeal, and newer driveway. This 3 level split has been tastefully renovated and offers : 3 beds , 2 1/2 bath's , 1900 sq ft living space , laminate through-out the main, and cozy New carpets up. Great sized primary with updated ensuite & walk-in shower. 5 piece, updated, main bath: boasts double sinks, and rain shower head. Updated kitchen with ample cupboards, breakfast bar overlooking sunken family room with french doors to walk-out yard. Dining room complimented with built-in cabinets in recess, PLUS french doors to Incredible, Covered, Trex deck area! Entertainer's, South facing yard, complimented with above ground pool, hot tub , wired shop , All nestled on a 7797 sq ft, fully fenced lot, with Back Lane access! (id:48205)

3 Bedroom 3 Bathroom 1872
For sale
$1,449,995
5835 189A STREET, surrey, British Columbia

5835 189a Street

Surrey, British Columbia

Experience serenity in this elegant two-story home nestled within the sought-after Rosewood Park enclave. With 2471 sq.ft. of living space, this timeless residence boasts 3 bedrooms, a games room, den, and gracious formal living and dining areas. The well-appointed kitchen, featuring solid oak cabinets and a delightful bayed breakfast nook, overlooks the enchanting backyard retreat, complete with mature landscaping, eco paving and a spacious 28 x 15 patio for al fresco dining. Additional highlights include air conditioning, two cozy gas fireplaces, a 5-piece ensuite, and an expansive double garage with ample storage. Roof replaced in 2010. Ideally situated on a peaceful cul-de-sac, mere minutes from Sunrise Ridge, Martha Currie Elementary, Lord Tweedsmuir High School and all amenities. (id:48205)

3 Bedroom 3 Bathroom 2471
For sale
$1,449,900
6430 179 STREET, surrey, British Columbia

6430 179 Street

Surrey, British Columbia

Below assessment value impressive 2000 sq ft rancher in Orchard Ridge professionally decorated and updated with absolute private low maintenance backyard. Kitchen is loaded with custom cupboards and Newer Quartz counters, Hardwood flooring through main living areas and carpeted bedrooms. Home Features HE Furnace, Newer HotWater tank. Enjoy the morning sun from the kitchen which opens onto the patio and large family room. Living and dining room has a wet bar handy for entertaining. 3 large bedrooms including large master suite with luxurious ensuite with walkin closet. Laundry room has a closet and sink. Double garage has easy access to 5 FOOT crawl space. Walk to all shopping and public transit. Waking distance to High School & Elementary School. Quiet area. (id:48205)

3 Bedroom 2 Bathroom 2001
For sale
$1,449,900
6334 171 STREET, surrey, British Columbia

6334 171 Street

Surrey, British Columbia

Come see your perfect cul-de-sac home with a newly added one-bedroom suite with additional parking. This 5-bedroom, 3-full bath property is right beside a 20-hectare park. All major upgrades have been completed, such as energy-efficient Centra windows, PEX plumbing, a high-efficiency furnace, and on-demand hot water. Each bathroom has been upgraded with a modern appeal. The kitchen, renovated with Columbia cabinets, seamlessly connects to a spacious, sunlit west facing living area with a new gas fireplace overlooking the nearby park. Outdoors, a covered deck offers a view of the meticulously landscaped yard. Positioned on a generous 7100 sq ft lot with a garage workshop, the home is just steps from Cloverdale Athletic Park and George Greenaway Elementary, enhancing its appeal and desirability for young families. (id:48205)

5 Bedroom 3 Bathroom 2091
For sale
$1,449,900
5820 184 STREET, surrey, British Columbia

5820 184 Street

Surrey, British Columbia

Very solid updated rancher with a full u/a basement suite. On a lane and across from Martha Currie School. Lots of parking in front and in the back. High on Cloverdale hill on a large lot. Invest in the future. Excellent property. See floorplan. Lot size 7190 with side lane and back lane. Seller will rent back. 24 hr notice for showing (id:48205)

4 Bedroom 2 Bathroom 2297
For sale Open House
$1,449,000
5646 148 STREET, surrey, British Columbia

5646 148 Street

Surrey, British Columbia

Welcome to Sullivan's finest! This newly RENOVATED 5-bedroom gem offers the perfect blend of luxury and practicality. Step into the spacious living area bathed in natural light. The gourmet kitchen includes stainless steel appliances, granite countertops, and a center island. Upstairs, the master suite offers a tranquil escape, while two additional bedrooms provide ample space. Outside, enjoy the backyard and patio. Plus, with a 2-bedroom suite, this home is as versatile as it is elegant. Located mere steps away from the YMCA, this provides an unparalleled lifestyle for families seeking both recreation and relaxation. Don't miss out - schedule your showing today! ***Open House Saturday May 11th 2-4PM *** (id:48205)

5 Bedroom 4 Bathroom 3137
For sale
$1,449,000
7052 148 STREET, surrey, British Columbia

7052 148 Street

Surrey, British Columbia

Well kept four level plan with contemporary interior design with 2 bedrooms mortgage helper unauthorized suite. Key features laminate flooring, granite counter tops, stainless steel appliance. High efficiency boiler. Patio and 2 car garage. Located walking distance to the park ,playground and large field. Close to school, bus service and shopping mall. Easy access to all major routes.Open house Sunday May12,2024 from 2to4pm. (id:48205)

6 Bedroom 4 Bathroom 2959
For sale Open House
$1,449,000
18880 60B AVENUE, surrey, British Columbia

18880 60b Avenue

Surrey, British Columbia

PERFECT CUSTOM BUILT 2 STOREY ON ONE OF THE NICEST STREETS IN CLOVERDALE & CLOSE TO PARK TOO! First time on the market this home feat. a great floorplan over 2 levels w/ 2,150SQFT of lving space! Vaulted ceilings in your lving rm + traditional dining area + gorgeous updated Kitchen w/ modern cabinets incl. Pull out drawers for max space, Built in Pantry, Induction Stove & Touchless Faucet! Other Updates in this beautiful home incl; bathrooms, Lingar F/P in fam room w/ stone feature + outside patio recently done for very easy maintenance! Main floor also feat. laundry & Bonus Mud Room! 3 very spacious Bdrms above incl. lrge ensuite & walk-in closet! Enjoy your PARK backdrop as a yard that is fenced & complete w/ mature trees for privacy & enjoyment! MUST SEE HOME! OPEN HOUSE SAT MAY 4th 3-5 (id:48205)

3 Bedroom 3 Bathroom 2150
For sale
$1,439,000
17232 61A AVENUE, surrey, British Columbia

17232 61a Avenue

Surrey, British Columbia

Rare Perfectly Rectangle 8472 SqFt Lot with Approx 71 Feet Frontage . All Level No Slopes ! NO RIGHT OF WAYS / EASEMENTS ! Back Yard with South Exposure . Front Facing North . Ground Level Full washroom is compatible with seniors with built in seat in Shower Pan ! Family room being used for Senior Bedroom ! Lots of Parking with extra Wide Driveway and Street Parking . Nice Neighbourhood Close to All Major Routes. Attractively Priced for quick sale . Showings on Weekend Through Bookings Only . Book Viewing Spot through Your Realtor . Recently changed hot water tank , Furnace repaired , Washer dryer less than 3 year old, dishwasher less than 1 year old . (id:48205)

3 Bedroom 2 Bathroom 2070
For sale
$1,438,888
16678 16 AVENUE, surrey, British Columbia

16678 16 Avenue

Surrey, British Columbia

NON-STRATA 1/2 Duplex with 5 bedrooms, 3.5 bath home offers over 2500sqft of sun filled living in South Surrey. This home features 10' ceilings on the main with spacious and bright living/dining areas off the chef's kitchen with a 5 burner gas range, French door refrigerator and dishwasher, flex area and powder. Upper Level features a grand primary bedroom with a large walk in closet and spa inspired ensuite plus 2 more bedrooms, loft and laundry. Lower level contains a separate entry, spacious rec room, games room, and 2 bedrooms, full bathroom and laundry downstairs. Located within minutes to shops, restaurants, schools, White rock Beach, Highway, US Border and much more. Call for your private showings. (id:48205)

5 Bedroom 4 Bathroom 2516
For sale
$1,430,000
5877 188 STREET, surrey, British Columbia

5877 188 Street

Surrey, British Columbia

Immaculate family home minutes away from Willowbrook Shopping Centre. You'll have all amenities and transport links (future Skytrain!) within a short distance but can enjoy the serenity of a family-orientated neighborhood. This home has been the pride of its owners and it shows. On two levels, the functional layout provides space for your family to come together, entertain guests or retreat to the peaceful bedrooms upstairs. The private patio and backyard are ideal for Summer BBQ's with family and friends. The double garage will keep your cars safe and dry, and the extra parking space next to the garage will keep your RV or Boat secure and off the driveway. (id:48205)

4 Bedroom 3 Bathroom 2024
For sale Open House
$1,429,900
18026 61A AVENUE, surrey, British Columbia

18026 61a Avenue

Surrey, British Columbia

Welcome to this charming Cloverdale gem on a rectangular shaped lot with 64 frontage and 120 depth. Ideal future building potential with no easements or right of ways. Upgraded flooring throughout and a modernized kitchen featuring an expansive island and stainless steel appliances. This home offers 3 generously proportioned bedrooms and 2.5 bathrooms and multiple living spaces. Step into the captivating backyard retreat, complete with a vast entertainment area beneath a grand pergola, ideal for hosting gatherings with friends and family. Gas line for a bbq. Noteworthy features include a recent roof replacement, thoughtful renovations throughout, updated furnace & hw tank, built in vac and a prime location close to amenities, parks, and in close proximity to Lord Tweedsmuir Secondary. (id:48205)

3 Bedroom 3 Bathroom 1865
For sale
$1,414,000
17276 62 AVENUE, surrey, British Columbia

17276 62 Avenue

Surrey, British Columbia

Cloverdale - Almost 10,000 SQFT lot backing onto an Elementary School w/ a 4 bed 2 bath home comes with a mortgage helper suite! Great home to raise a family, investment with UPSIDE and awesome building lot, see new home next door! (id:48205)

4 Bedroom 2 Bathroom 1748
For sale
$1,399,999
17430 64 AVENUE, surrey, British Columbia

17430 64 Avenue

Surrey, British Columbia

Discover a superb investment opportunity on an expansive 7200+ sq ft lot in Cloverdale with back lane access and a large driveway! This home offers 3 bedrooms, 2 full bathrooms, and kitchen on the main floor; 3 bedrooms, 2 full bathroom & kitchen on ground level. This home is located just steps away from transit, Save on foods, London Drugs, restaurants, Cloverdale Athletic Park, George Greenaway Elementary and so much more! Buy to live in or as a great investment property! Come take a look before its gone! (id:48205)

6 Bedroom 4 Bathroom 3456
For sale Open House
$1,399,888
6296 147B STREET, surrey, British Columbia

6296 147b Street

Surrey, British Columbia

Check out this fantastic opportunity!!! Situated in the highly coveted Sullivan Station neighborhood. This charming residence boasts two stories plus a basement, offering a total of 5 bed and 4 bath. One standout feature is the 2-bedroom rental suite with its own separate entry, serving as an excellent mortgage helper. The living room is generously spacious and inviting, flowing seamlessly into a large, timeless kitchen adorned with maplewood cabinets that bathe the space in natural light through ample windows. Positioned on a corner lot, this home showcases high-end finishes, designer tiles, radiant heating, and plentiful street parking. Conveniently located near all amenities including the YMCA, Cambridge Elementary, Sullivan Heights Secondary, Public transport and much more. Hurry !!! (id:48205)

5 Bedroom 4 Bathroom 2583
For sale
$1,399,000
14665 84A AVENUE, surrey, British Columbia

14665 84a Avenue

Surrey, British Columbia

This extensively renovated 4-bedroom home is located in a quiet cul-de-sac, perfect for a growing family. The beautiful upgrades include gorgeous hardwood floors, updated contemporary bathrooms, new paint and tasteful lighting. The private backyard makes you feel like you're in your own little oasis, surrounded by luscious greenery and flowers backing onto Enver Creek. Newer furnace and hot water tank. This home is a must-see. (id:48205)

4 Bedroom 3 Bathroom 1850
For sale Open House
$1,389,000
6257 172 STREET, surrey, British Columbia

6257 172 Street

Surrey, British Columbia

Beautiful house in a great area! The main house offers walk-out rancher style at the back and a basement entry at the front. With a spacious deck and a beautifully landscaped yard, you and your loved ones will enjoy gatherings and summer barbeque. Fully updated with fresh New paint, floors, Blinds and updated plumbing and lighting fixtures. This property has 2 mortgage helpers (1 bed Suite and a Studio suite/or keep 2 bed). The north side of the lot designed to park large RV/Motorhome. Hurry before its gone!! Open House Sun May 5th 2-4pm (id:48205)

5 Bedroom 4 Bathroom 2165
For sale
$1,388,000
5633 192 STREET, surrey, British Columbia

5633 192 Street

Surrey, British Columbia

Beautiful basement entry home w/ 3 bedrooms and 2 baths upstairs & 1 bedroom & bath in basement w/ a separate living room for your privacy. Great for the extended family member or children who want their own space. Could have potential for a suite if you add a kitchen in the basement. Open kitchen upstairs w/gas stove, island & dining area. Covered balcony to add to your entertaining experience & enjoy the western exposed backyard. Secure and fully fenced back yard w/tall hedges for privacy, children, & pets to play. Double garage plus 4 additional spaces in driveway. Full central air conditioning added in 2019 for those warmer months. 2 gas fireplaces for those cooler days. All windows changed/updated to vinyl low E windows with argon gas in 2021. Boiler/Furnace has been serviced every year. Very well maintained home a must see. All work done with licensed trades and receipts. Close to all amenities like shopping, bus and schools (Latimer Elem. and Clayton Heights Sec). Book your showings as soon as possible. (id:48205)

4 Bedroom 3 Bathroom 2084
For sale Open House
$1,385,900
6651 184A STREET, surrey, British Columbia

6651 184a Street

Surrey, British Columbia

Welcome to your ideal sanctuary nestled in the family-friendly neighbourhood of Clover Valley Station. Upon entering the main floor you're greeted by an inviting open-concept living room which seamlessly transitions into the updated & spacious kitchen. Situated on one of the largest lots in the neighborhood, the kitchen's large picture window floods the space with natural light & provides a view of the SW facing private yard complete with patio, separate hot tub area, garden, RV parking, double garage and ample space to play, perfect for hosting gatherings. Upstairs you will find 3 beds and 2 full baths complemented by a fully finished basement featuring an additional bedroom, bath and rec room. Centrally located, short walk to both Hillcrest & Salish Sec. school, shopping & transit. (id:48205)

4 Bedroom 4 Bathroom 2215
For sale Open House
$1,379,900
18852 61A AVENUE, surrey, British Columbia

18852 61a Avenue

Surrey, British Columbia

The RANCHER you've been waiting for! This massive 2002 SF one level home has a perfect layout & has been meticulously maintained. Well designed with wide hallways and large spaces, including a formal front living room, dining area, large kitchen with a bright eating nook overlooking the yard, & a spacious family room. Enjoy the massive primary suite w/ walk in closet & full ensuite, + 2 other large bedrooms. Equipped with 2 gas fireplaces, oak hardwood floors, an updated roof & newer furnace, heat pump & HW tank! Located on a 7385 SF lot, with a sundeck overlooking the sunny south facing yard & loads of parking in the front. Steps to East View Park & public transit stops. Don't miss out on this one! Open house May 11 & 12, 2-4pm. (id:48205)

3 Bedroom 2 Bathroom 2002
For sale Open House
$1,379,900
17163 58 AVE CLOVERDALE AVENUE, surrey, British Columbia

17163 58 Ave Cloverdale Avenue

Surrey, British Columbia

BEAUTIFUL CLOVERDALE LOCATION - Buy now, & build later. Situated among new homes is this beautifully updated rancher on a level 7,375 square foot lot. Numerous updates including roof, windows, furnace / air conditioning / hotwater tank, kitchen cabinets & laundry area. New flooring throughout. Newer appliances in kitchen and laundry. Custom built eatery. Spacious master bedroom with walk-in closet, seating area, ensuite includes a jetted tub, dry cedar sauna and shower. Access the covered private patio through the master bedroom or eating area. Very private & fully fenced yard. RV parking / 5 - 6 cars. Great location for Hwy 1. or Hwy 10 commuters. Don't miss out. 62'x117' lot! (id:48205)

3 Bedroom 2 Bathroom 1603
For sale Open House
$1,379,900
18240 64 AVENUE, surrey, British Columbia

18240 64 Avenue

Surrey, British Columbia

This 4 bed and 3 full bath Basement Entry House located in most Demanding Area of Cloverdale. This house has few Features such as Good Size Kitchen with Eating Area, Spacious Living Room & Family Room, Huge Sundeck area with Overlooking Fully Fenced Backyard, Single Garage, 9 Parking Spaces at back with Lane Access. Rental Suite downstairs available as a mortgage helper and much more. Walking distance to Elementary & Secondary School, Sikh Temple & Cloverdale Greenway Trail.This is a MUST SEE home with backyard facing south. Don't miss this one. (id:48205)

4 Bedroom 3 Bathroom 2115
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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