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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
$1,430,000
5877 188 STREET, surrey, British Columbia

5877 188 Street

Surrey, British Columbia

Nestled in the heart of Cloverdale this home offers a perfect blend of modern comfort and timeless charm. Step inside a spacious and functional interior for your family to come together. A versatile den provides a perfect office space or hobby room. Upstairs, a large primary suite complete with en-suite bathroom and large closet awaits. Three more bedrooms offer comfort and privacy for family members or guests. A fenced yard provides a safe space for children to play and your gardening tools can be locked away in the shed. Well maintained landscaping and a large, partially covered patio invite for BBQs year round. Located near parks, schools, and amenities, PLUS extra parking for RV, Boat or even both, make this home a rare find in Cloverdale. (id:48205)

4 Bedroom 3 Bathroom 2024
For sale Open House
$1,425,000
6049 187 STREET, surrey, British Columbia

6049 187 Street

Surrey, British Columbia

NICE 2 STOREY FAMILY HOME IN ONE OF THE NICEST NEIGHBOURHOODS. Quiet, central location, beautiful landscaped 7044 sq/ft corner lot with a big backyard, large deck that is perfect for entertaining. Spacious family room & traditional dining area, the kitchen comes with solid oak cabinets and a bayed breakfast nook, overlooks the tranquil backyard. 3 very spacious bedrooms above with the primary bedroom including a large ensuite & walk-in closet! MUST SEE HOME! (id:48205)

3 Bedroom 3 Bathroom 1977 sqft
For sale
$1,425,000
5876 184 STREET, surrey, British Columbia

5876 184 Street

Surrey, British Columbia

Investment opportunity! Look no further than this traditional Cloverdale gem right across from École Martha Currie school and just 1.5 km from Lord Tweedsmuir Secondary! Tastefully updated throughout, including a brand new oversized kitchen island with open walls to warm & inviting living space. Clean as a whistle & brand new professionally laid flooring throughout. Upstairs offers large living space up w/ bright kitchen & dining areas, plus 3 bdrms. Downstairs presents a 2 bdrm mortgage helper w modern updates. Bonus features include lane access from the back (potential for laneway building), loads of room for RV, & 24'x12' detached shed. Enjoy the newly built open deck overlooking the generously sized backyard. Don't miss out - schedule your private showing! (id:48205)

5 Bedroom 3 Bathroom 2080 sqft
For sale Open House
$1,419,800
19528 63A AVENUE, surrey, British Columbia

19528 63a Avenue

Surrey, British Columbia

Location! This updated 3 level split west coast contemporary style home is centrally located yet tucked off the main roads in a great neighborhood close to Willowbrook mall. A nice open floor plan greets you, updated kitchen with white shaker cabinets, new tile backsplash, quartz counters & appliances including gas range, new lighting, flooring & paint. Living space has beautiful wood vaulted ceiling & floor to ceiling windows. Family room off the back of the home leads to huge covered deck complete with Hot Tub and gazebo area. Upstairs has 3 bedrooms 2 bathrooms incl updated ensuite in the bedroom, bonus basement area currently being used as a rec room/storage, excellent for kids or home office. New HW on demand, RV/boat parking, close to new skytrain route too! OPEN HOUSE May 25 1-3PM (id:48205)

3 Bedroom 3 Bathroom 2253 sqft
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 sqft
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
$1,399,900
18026 61A AVENUE, surrey, British Columbia

18026 61a Avenue

Surrey, British Columbia

Open 1-3 may 18 Welcome to this charming Cloverdale gem on a rectangular shaped lot with 64 frontage and 120 depth. No easements or right of ways. Huge entertainment size back yard Upgraded flooring throughout and a modernized kitchen featuring an expansive island and stainless steel appliances. 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, in close proximity to Lord Tweedsmuir. (id:48205)

3 Bedroom 3 Bathroom 1865
For sale
$1,399,900
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
$1,399,888
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 Open House
$1,399,000
17231 62A AVENUE, surrey, British Columbia

17231 62a Avenue

Surrey, British Columbia

This lovingly cared for & maintained 3 bdrm, 3 bthrm home is located on a great street in a fantastic neighbourhood in Cloverdale! Sitting on a 7104 sq ft lot w/ bonus RV / boat parking & a 10 x 20 shop w/ power! Main floor offers a traditional floor plan w/ living & formal dining rm that has french doors leading to the side patio. Kitchen includes loads of cabinetry opening to a casual eating area & family rm w/ gas fireplace. Sliders open to the back patio w/ new covered area for year round barbequing & the beautiful private yard! Up boasts 3 well sized bdrms including primary w/ his & hers closets, 5 pc ensuite & there is an additional 5 pc main bth. Loads of storage, a 5 yr old roof & 4 yr old hot water tank are just a couple of the upgrades! Walk a block to school & park! Call today! (id:48205)

3 Bedroom 3 Bathroom 1710 sqft
For sale
$1,399,000
5982 177B STREET, surrey, British Columbia

5982 177b Street

Surrey, British Columbia

******NEW PRICE: $1,399,000 ****** Investor/Builder alert! Zoned multifamily in Cloverdale Town Centre NCP. Up to 23 UPA.Please verify with City of Surrey. Incredible investment. Close to great schools, shops, new hospital and amenities. Central location with access to Hwy 15, 10, 1, Fraser Hwy and future Skytrain. Excellent opportunity to own this Future development property located across from Greenaway Outdoor Pool & Elements Casino. Extremely well kept 6 bd, 3 bath house in the heart of Cloverdale. Upstairs has 3 generous bedrooms, an open living room with a fireplace and a clean dining area. Downstairs 1 room good for office/bedroom, two bedroom suite as mortgage helper with separate entrance. This is an opportunity you don't want to miss. (id:48205)

6 Bedroom 3 Bathroom 2318 sqft
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
$1,398,000
6168 171 STREET, surrey, British Columbia

6168 171 Street

Surrey, British Columbia

West Cloverdale split entry! Don't miss this 1,854 sq ft split entry home in a quiet Cloverdale cul-de-sac with it's own small park! Open plan main floor with adjoining kitchen/dining/family room + 3 bedrooms & 1 full bathroom. Huge main floor deck off back overlooking yard. Finished basement with kitchen (stove roughed-in) 2 bedrooms, full bathroom & laundry. Big 7,089 sq ft pie shaped lot gives you a huge backyard! George Greenaway Elementary & Lord Tweedsmuir Secondary catchment. Great West Cloverdale location only a short walk to the Athletic Park, and close to shopping, golf, transit & Hwy access. Don't wait! (id:48205)

5 Bedroom 2 Bathroom 1854
For sale
$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
18177 59 AVENUE, surrey, British Columbia

18177 59 Avenue

Surrey, British Columbia

Check out this this bright 1,700 sq ft three bedroom, two bathroom rancher is in Cloverdale's prime neighborhood. Features updated flooring, bathrooms, heated flooring in the main bathroom, security system, AC and much more. The 66 x 108 rectangular lot spans just over 7,000 sq ft. The home is conveniently located near schools, shopping, recreation center and highway access. This is a great starter home for a small family or if you are looking to downsize. (id:48205)

3 Bedroom 2 Bathroom 1712 sqft
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
$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 sqft
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! (id:48205)

3 Bedroom 2 Bathroom 2002 sqft
For sale
$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
For sale Open House
$1,379,000
15 6988 177 STREET, surrey, British Columbia

15 6988 177 Street

Surrey, British Columbia

This rare corner end unit in the Charlton offers an exceptional open floor plan, perfect for entertaining. The kitchen features granite countertops, stainless steel appliances, and a wide range of other renovations done through out the property. With 2,636 sq ft, the home includes 4 bedrooms, 3.5 bathrooms and plenty of storage for seasonal items. The fully finished basement provides a great room and family room, ensuring plenty of living space. For a serene retreat, relax on the large patio overlooking the tranquil, protected greenbelt. Open House: May 23rd (Thurs): 5-6 PM May 25th and 26th (Sat&Sun): 2-4 PM (id:48205)

4 Bedroom 4 Bathroom 2653 sqft
For sale
$1,379,000
8454 SPENSER PLACE, surrey, British Columbia

8454 Spenser Place

Surrey, British Columbia

Here's your chance to downsize, invest or build on a CORNER lot property located just west of 152 ST offering a great curb appeal. Highlights of this 1,600+ sq.ft rancher includes 4 beds / 2 baths, generous living spaces, kitchen with ample cabinetry and storage, a large primary bedroom with ensuite, sun drenched backyard and tons of parking. The site is in close proximity to future sky train station, transit and all amenities. Inquire today before it's gone! (id:48205)

4 Bedroom 2 Bathroom 1629 sqft
For sale
$1,359,999
7 7979 152 STREET, surrey, British Columbia

7 7979 152 Street

Surrey, British Columbia

Welcome to "The Links". A highly sought after townhouse development built around Guildford Golf Course. This end unit boasts an incredible 2,693 sqft!, 3 levels of spacious living. A massive master suite on the main level with large 5pc bathroom and heated floors! Stainless Steel appliances in the kitchen with quartz counter tops, and vaulted ceilings in the living room give this townhouse a true detached home feel. 2 large bedrooms on the top level, and a large media room downstairs in the bottom level with another bedroom and full washroom. Perfect for nanny or guest suite. Large 2 car garage and 2 car driveway. This unit is positioned perfectly next to guest parking spaces and your mailboxes. 50% off Guildford Club Golf annual memberships for residences. (id:48205)

4 Bedroom 4 Bathroom 2693 sqft
For sale
$1,350,000
6991 144A STREET, surrey, British Columbia

6991 144a Street

Surrey, British Columbia

STUNNING 3 LEVEL FAMILY HOME in quiet neighborhood. The main floor has a spacious open floor plan, custom made walnut cabinetry in the kitchen, stainless steel appliances and granite countertops. The kitchen is open to family room with back door access to patio and back yard. Top floor has 3 spacious bedrooms, 2 full baths & laundry. Primary has a walk in closet and ensuite. The basement features 2 beds/1 bath. This beauty has a detached double car garage which is accessible via back lane. No expense has been spared with attention to detail on crown moulding, high end laminate flooring and top of the line security video intercom system & tile roof. Close to transit, shopping & schools. Easy access to Vancouver, Richmond & White Rock. (id:48205)

5 Bedroom 4 Bathroom 2403 sqft
For sale
$1,350,000
6961 144A STREET, surrey, British Columbia

6961 144a Street

Surrey, British Columbia

Custom designed home in Great family area offers all the rooms a growing family needs. Upon entering the main floor boasts a formal living room featuring a gas fireplace and formal dining room. The impressive kitchen & family room with custom shelving creates a relaxed atmosphere, which is perfect for family gatherings. This home features 3 bedrooms, 2 bathrooms upstairs, master bedroom with ensuite bath & walk-in closet. The Basement features 2 beds and 1 bath, a BRAND NEW KITCHEN, NEW flooring and baseboards and has a SEPERATE ENTRY. The yard is west facing and leads you to the DOUBLE DETACHED GARAGE off the Lane. Don't miss this one! (id:48205)

5 Bedroom 4 Bathroom 2187
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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