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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
$799,888
161 14833 61 AVENUE, surrey, British Columbia

161 14833 61 Avenue

Surrey, British Columbia

Beautiful 1,222 Sq. Ft. 2 bedroom plus den townhome located in the popular Ashbury Hills of Surrey. This Townhome has a great open concept layout on the main floor with a modern kitchen, living room and dining room connected as a great room; perfect for family gatherings! The kitchen features stainless appliances , granite counters and plenty of storage. Upstairs has two bedrooms with 9' ceilings. large windows and 1 shared bathroom. Downstairs includes a den plus a bathroom. The Amenities room features a lounge, fitness Centre, party room, outdoor BBQ area, kitchen and guest suite. Located near YMCA, Schools, parks, transit and shopping. Rentals allowed.Please Touchbase for Private Viewing. Open House April 07 Sunday 12-2.. (id:48205)

2 Bedroom 2 Bathroom 1222
For sale Open House
$798,000
41 14838 61 AVENUE, surrey, British Columbia

41 14838 61 Avenue

Surrey, British Columbia

Discover comfortable living in this charming 3-level corner unit townhouse in Sullivan Heights, Surrey, BC. Built in 2012, this home features 3 bedrooms, 2 bathrooms, and a generous 1,378 sqft of living space plus a 543 sqft garage. Enjoy the convenience of a walkout backyard directly from the main level-perfect for gardening and outdoor activities. This lovely home is ideally situated to offer tranquility while still being close to local amenities, making it a perfect choice for families or anyone looking for a blend of comfort and convenience. (id:48205)

3 Bedroom 2 Bathroom 1378
For sale Open House
$788,800
123 18701 66 AVENUE, surrey, British Columbia

123 18701 66 Avenue

Surrey, British Columbia

Beautifully maintained 3BR 2.5BTH Clayton Heights townhome. Welcoming you home is an inviting front porch opening into your spacious living room highlighting an elegant gas fireplace & contemporary laminate flooring flowing into your dining area. Just passed the convenient powder room on the main is a generous, enclosed eat-in kitchen illuminated by a large picture window. Laundry is found alongside spacious, sunlit bedrooms with primary bed boasting a quaint reading nook, walk-through closet & full en suite. Fabulously located between Surrey & Langley, Encore At Hillcrest is a stone's throw to Hillcrest Village with Clayton Crossing directly across Fraser Highway. Walk to Hillcrest Elementary & Salish Secondary with Willowbrook Shopping Centre, 176 & 200 Street only a few minutes away. (id:48205)

3 Bedroom 3 Bathroom 1449
For sale
$785,000
51 18707 65 AVENUE, surrey, British Columbia

51 18707 65 Avenue

Surrey, British Columbia

Welcome to Legends - rarely available TH complex w/ private backyard! This 3-Bed 2.5-Bath unit has desirable features. Energy efficient in-floor radiant hot water heating, washrooms on each level, an attic w/ ample storage space & ladder access! Master w/cheater ensuite, a 3rd bdrm below w/ a 3-piece ensuite which could be a REC room. Enjoy the serene & private outdoor setting, 2 decks PLUS patio w/ a fully fenced backyard. You're all set for entertaining w/ desirable complex amenities incl. pool table, exercise room, lounge, kitchen & guest suite! Lots of visitor parking available on premises. Rentals/Pets allowed w/ restrictions. Convenience is yours w/ this central location - proximity to transit, new Sky Train route/station, schools, shops & restaurants! (id:48205)

3 Bedroom 3 Bathroom 1553
For sale
$779,900
55 18701 66 AVENUE, surrey, British Columbia

55 18701 66 Avenue

Surrey, British Columbia

Classic Encore Living!! One of the best locations in Cloverdale to live. Walking distance to all shopping, restaurants, public transit and close to future location of new skytrain station!! This 1,433 square foot 3 bedroom & 2 bathroom townhome will make a great home & future investment. This unit has updated countertops, wide plank flooring, microwave, dishwasher. new garage door, beautiful Italian marble fireplace, open concept plus more. Very quiet location in complex, 2 car tandem garage. Make this your new home today. (id:48205)

3 Bedroom 2 Bathroom 1433
For sale
$769,900
209 2425 166 STREET, surrey, British Columbia

209 2425 166 Street

Surrey, British Columbia

Welcome to your new home at Holden Residences by reputable builder BM Group, leading the way with 25 years of land acquisition, design, and construction. This 2 Bed and 2 Bath home is great for any first time homebuyer starting their home buying journey. Finishes include soft close, shaker style cabinetry, polished quartz countertops, with full height tile backsplash, SS kitchen appliances by Fisher & Paykel. Conveniently located near all amenities, Morgan Crossing, Grandview Corners, and the Aquatic centre. (id:48205)

2 Bedroom 2 Bathroom 899
For sale
$769,900
107 2425 166 STREET, surrey, British Columbia

107 2425 166 Street

Surrey, British Columbia

Welcome to Holden Residences by BMG; a boutique collection of 53 exclusive private residences designed by award winning Focus Architecture where modern luxury meets classic style. Finishes include soft close, shaker style cabinetry, polished quartz countertops w. full height tile backsplash, SS kitchen appliances by Fisher & Paykel incl. industrial style GAS RANGE + double drawer dishwasher! Approx 9' ceilings & R/I for A/C + R/I for gas bbq outlet on deck. Parking stall is R/I for future EV charger. Just steps away from Grandview Aquatic Centre & walking dist to the shops at Morgan Crossing, Grandview Corners, private & public schools & transit! Don't miss out! (id:48205)

2 Bedroom 2 Bathroom 899
For sale
$769,900
108 2425 166 STREET, surrey, British Columbia

108 2425 166 Street

Surrey, British Columbia

Elevate your lifestyle with a luxurious 2-bed, 2-bath apartment in the heart of South Surrey. Embrace modern living in this upscale residence at Holden Residences. Secure your opportunity for refined comfort and convenience. Inquire now to make this coveted assignment yours! (id:48205)

2 Bedroom 2 Bathroom 899
For sale
$749,900
A312 14468 72 AVENUE, surrey, British Columbia

A312 14468 72 Avenue

Surrey, British Columbia

Welcome to AMSON SQUARE, located in the heart of East Newton. This 3 bedroom 2 bathroom north facing unit is one of the biggest in the complex with 1,176 sq.ft. + balcony. An open concept layout with modern finishing, 9 ft ceiling, pot lights, an energy efficient heat pump /air conditioning, laminate flooring throughout the living/dining areas & carpet in the bedrooms with zebra window covering. Kitchen features waterfall island, quartz countertops, high end S/S BOSCH appliances, gas stove and engineered quartz countertops. Outdoor amenities include roof top patio, BBQ area, party hall, rooftop play area for kids with beautiful mountain views. Just steps from local shops, restaurants, elementary schools, high schools & transportation. Hot water & Gas included in strata fee. (id:48205)

3 Bedroom 2 Bathroom 1176
For sale
$735,000
99 15175 62A AVENUE, surrey, British Columbia

99 15175 62a Avenue

Surrey, British Columbia

Freshly painted 2 bed, 2 bath townhouse 1261 sq.ft. of living space available in "Brooklands". This spacious unit offers open concept living on the main floor with a kitchen, dining, and living room, great for entertaining! Upstairs are two generous sized bedrooms with two bathrooms. The master ensuite includes double vanity! Tandem two-car garage and extra storage. Walk out the back to your private fenced backyard for the pets. Conveniently located in Sullivan Station close to HWY 10 off of 152nd makes commuting a breeze with easy access to HWY 99, HWY 91, and HWY 1. Also walk to Cambridge Elementary, Sullivan Elementary, Sullivan Heights Secondary, Fresh Street Market, YMCA, Shops at Panorama, and more! (id:48205)

2 Bedroom 2 Bathroom 1261
For sale
$729,900
201 2425 166 STREET, surrey, British Columbia

201 2425 166 Street

Surrey, British Columbia

Welcome to Holden Residences by BMG; a boutique collection of 53 condos where modern luxury meets classic style. This 2 bed/ 2 bath 851 sf home w/ ASH colour scheme features an open concept w/ 9' ceilings, 2 large separated bedrms incl PB w/ WI closet & ensuite w/ double sinks . Finishes include polished quartz countertops with full heights tile backsplash, SS kitchen appliances by Fisher & Paykel incl. Industrial style gas range + double drawer dishwasher! Large south facing covered balcony (12 x 13) overlooks 24th Ave. R/I for A/C + R/I for gas bbq outlet on deck. Parking stall is R/I for future EV charger. Just steps away from Grandview Aquatic Centre & walking distance to the shops at Morgan Crossing, Grandview Corners, private/ public schools and transit. This home has it all! $10K DECORATING ALLOWANCE PLUS FREE STRATA FEES FOR ONE YEAR! (id:48205)

2 Bedroom 2 Bathroom 851
For sale
$719,900
210 2425 166 STREET, surrey, British Columbia

210 2425 166 Street

Surrey, British Columbia

Discover Holden Residences by BMG - an exclusive community of 53 condos blending contemporary elegance with timeless charm. This 843-square-foot home boasts with a tasteful ASH color palette presents a spacious open-concept layout accentuated by lofty 9-foot ceiling, the unit encompasses two generously proportioned bedrooms, including a sumptuous primary bedroom complete with a walk-in closet and an ensuite featuring double sinks. The residence is adorned with refined finishes, including lustrous quartz countertops complemented by a full-height tile backsplash, and state-of-the-art stainless steel kitchen appliances by Fisher & Paykel, featuring an industrial-style gas range and double-drawer dishwasher. Step onto the south-facing balcony and envision your life here. (id:48205)

2 Bedroom 2 Bathroom 843
For sale
$715,500
11 6140 192 STREET, surrey, British Columbia

11 6140 192 Street

Surrey, British Columbia

Welcome to The Estates at Manor Ridge. This spacious 2b/2b rancher townhome is tucked at the quiet, back corner of the complex backing onto a beautiful greenbelt. Extremely well-run 55+ community is inviting and lively. Meticulously maintained, this townhome has heaps of natural light, newer appliances, newer hot water tank, newer furnace, and more. Vaulted ceilings give you the feeling of a detached home. Central location is close to grocery stores, shops, restaurants, transit, and anything else you could need. (id:48205)

2 Bedroom 2 Bathroom 1201
For sale
$699,999
13 5839 PANORAMA DRIVE, surrey, British Columbia

13 5839 Panorama Drive

Surrey, British Columbia

Welcome to Beautiful townhome this 2 bed, 2 bath end unit is located near Panorama Village and the YMCA. The bright unit offers updates features in past five years with appliances in kitchen, crown moulding throughout living room, built-in microwave, stove and washer/dryer. Backing onto a private greenbelt with plenty of visitor parking in front. The layout lightens your laminate flooring and wainscoting throughout with a south facing balcony. Garage also includes additional storage space, close to shopping, schools, transit, recreation,YMCA, parks and highway. Brand New Roof. Washer/dryer 2021.Grab it before its Gone!! Great for first time home buyers. (id:48205)

2 Bedroom 2 Bathroom 1239
For sale
$699,999
201 16718 60 AVENUE, surrey, British Columbia

201 16718 60 Avenue

Surrey, British Columbia

Wonderful location! Over 1200 sf 2 large bdrms, 2 full bthrms, end/corner TOP floor unit. You have your own private entry form ground level w/breakfast bar, s/s layout w/laminate flooring. Windows on sides. Huge kitchen w/breakfast bar, s/s fridge & stove, granite countertops, tons of cabinets, eating/dng area. Massive living room w/Sliders to your beautiful covered deck. Extra storage closet above the stairs. Great sized complex - 18 townhouses and 3 condo units. Concrete flooring w/commercial day care below. Quiet complex close to schools, shopping, transit. Don't miss out! (id:48205)

2 Bedroom 2 Bathroom 1216
For sale Open House
$688,800
65 5839 PANORAMA DRIVE, surrey, British Columbia

65 5839 Panorama Drive

Surrey, British Columbia

Forest Gate in sought after Sullivan Station. This family friendly neighbourhood is a cornerstone to White Rock, Cloverdale, & Langley, minutes to Hwy 99 and conveniently located steps to YMCA, Panorama Village Shopping with Fresh Street Market, Shoppers Drug Mart & Starbucks, parks, schools and transit. Upstairs offers two spacious bedrooms. Primary bedroom has large closet and en suite bathroom with oversized shower. Other features include laminate flooring & 9' ceilings on main, handy upper level laundry, South facing fenced yard & balcony with views of Mount Baker and the Valley plus a double tandem garage with workshop area and plenty of storage space. With new carpets and fresh paint throughout this lovely home is move in ready and quick possession is possible. Welcome home!!! (id:48205)

2 Bedroom 2 Bathroom 1166
For sale
$679,000
501 14438 72 AVENUE, surrey, British Columbia

501 14438 72 Avenue

Surrey, British Columbia

Top floor corner Beautiful 2 bedroom 2 bath unit unit just like brand new with 2 car parking quartz counter tops, under mount sinks, and modern cabinets. Walking distance to shopping , School & public transit. Huge patio which wraps around the whole unit with Mount Baker + south surrey view full privacy to enjoy Sun rise and Sun set . *****OPEN HOUSE APRIL 13TH & 14TH 3:00 PM TO 5:00 PM**** (id:48205)

2 Bedroom 2 Bathroom 832
For sale Open House
$650,000
112 16398 64 AVENUE, surrey, British Columbia

112 16398 64 Avenue

Surrey, British Columbia

Welcome to the Stunning & Newly Renovated unit Bose Farms! This well kept unit is a MUST SEE! It contains 2 bedrooms with a master large enough for a king bed. Two full bathrooms with rainfall shower heads. A spacious kitchen with large island, stainless steel appliances, lots of counter space, and many cabinets. There in-suite laundry and its own personal patio. This private ground floor fenced backyard is perfect for your pets or children. The unit comes with two side by side underground parking stalls and a secured storage locker. The complex has amazing amenities including gym, yoga room, library and much more!! The complex is surrounded by lush greenery with Mountain views. Contact your realtor to book your appointment today!! Updated flooring, showerdoor and master closet (2023) (id:48205)

2 Bedroom 2 Bathroom 824
For sale Open House
$640,000
#508 16380 64 AVENUE, surrey, British Columbia

#508 16380 64 Avenue

Surrey, British Columbia

Stunning top floor unit at THE RIDGE AT BOSE FARMS! This 2 Bed, 2 Bath condo boasts a bright open concept layout with a gourmet kitchen, stainless steel appliances, quartz counters, & soft close cabinets. Enjoy a spacious primary bedroom with a large walk-in closet & a luxurious 4-piece ensuite. The bedrooms are strategically placed on opposite sides of the living room, ensuring optimal privacy. Enjoy a spacious 118 Sq.Ft patio! First-class amenities include a clubhouse, heritage barn, media room, fitness & yoga center, community garden, guest suite, & playground. Take advantage of walking trails right at your doorstep. Bonus features include 2 side-by-side parking stalls & 1 storage locker. A truly exquisite property with all the comforts & conveniences for a luxurious lifestyle. (id:48205)

2 Bedroom 2 Bathroom 838
For sale
$635,000
318 19528 FRASER HIGHWAY, surrey, British Columbia

318 19528 Fraser Highway

Surrey, British Columbia

At 1206 sq ft. this is the largest unit in the building facing south with a good sized patio overlooking the courtyard at the back. Bedrooms are separated by the living space for quiet enjoyment and privacy. Vaulted ceiling in the living room - means no one above. Awesome! And only 1 shared wall. Large windows bring in all that natural light we crave here on the wet coast, and the convenience of Willowbrook Mall across the street, as well as the skytrain coming - well - you can have it all! Shopping, transit, Latimer Rd Elem and Clayton Heights HS are the catchment schools. This building is off the highway so traffic noise is not a concern, and there is a handy guest suite for visitors, an in house exercise room, bike storage, 1 dog (24") at shoulder or 1 cat ok, family friendly. (id:48205)

2 Bedroom 2 Bathroom 1206
For sale
$629,900
405 2425 166 STREET STREET, surrey, British Columbia

405 2425 166 Street Street

Surrey, British Columbia

Brand-new 2024 condo at Holden Residences by BMG in south Surrey. Designed by the acclaimed Focus Architecture, this boutique collection of 53 units combines contemporary elegance with classic style.Indulge in the finest finishes, including soft-close shaker-style cabinetry, polished quartz countertops with full-height tile backsplashes, and premium stainless steel kitchen appliances by Fisher & Paykel, featuring an industrial-style GAS RANGE and double drawer dishwasher. Experience 11-foot ceilings, with rough-ins for future A/C and a convenient gas BBQ outlet on the deck. Plus, parking stalls are prepared for future EV charger installation. Convenience meets luxury with an open floor plan and semi-ensuite layout. Close to Grandview Aquatic Centre, Morgan Crossing shops & transport. (id:48205)

1 Bedroom 1 Bathroom 675
For sale
$629,900
106 2425 166 STREET, surrey, British Columbia

106 2425 166 Street

Surrey, British Columbia

This open plan unit has approximately 9'foot ceilings. Desirable location and quality craftsmanship!! This project is steps away from Grandview Aquatic Centre & walking distance to shopping, schools & transit. Includes SS kitchen appliances by Fisher & Paykel (industrial style GAS RANGE + double drawer dishwasher). Finishes include soft close, shaker style cabinetry, polished quartz countertops with full height tile backsplash. Bring your offers! (id:48205)

1 Bedroom 1 Bathroom 675
For sale
$629,900
305 2425 166 STREET, surrey, British Columbia

305 2425 166 Street

Surrey, British Columbia

Welcome to Holden Residences by BMG; a boutique collection of 53 exclusive private residences designed by award winning Focus Architecture where modern luxury meets classic style. Finishes include soft close, shaker style cabinetry, polished quartz countertops with full height tile backsplash, SS kitchen appliances by Fisher & Paykel incl. industrial style GAS RANGE + double drawer dishwasher! Approx 9'foot ceilings & R/I for A/C + R/I for gas bbq outlet on deck. Parking stall is R/I for future EV charger. This home feats open plan + semi-ensuite. Just steps away from Grandview Aquatic Centre & walking distance to the shops at Morgan Crossing, Grandview Corners, private & public schools & transit this home has it all! Don't miss out! (id:48205)

1 Bedroom 1 Bathroom 675
For sale Open House
$629,000
505 19228 64 AVENUE, surrey, British Columbia

505 19228 64 Avenue

Surrey, British Columbia

Welcome to this prestigious unit at "FOCAL POINT" where modern and luxury meets at its finest. This rare and spacious 2 Balconies!! 2 bedroom, 2 bathroom features 850+ SQFT of living space and is centrally located in Cloverdale. Bright open kitchen/living space opens up to patio, great for BBQ'ing all year around. Large kitchen with quartz countertop island, S/S appliances for the baker or chef in the household. Building amenities include clubhouse and rooftop patio! Literally steps away from restaurants, cafes and other everyday amenities. 1 large parking spot and 1 storage locker. Rentals allowed. Come see this unit, don't miss out! Close to the future Skytrain line. Open house Sun. April 21 from 1-3. (id:48205)

2 Bedroom 2 Bathroom 851
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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