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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
$949,900
16 6885 184 STREET, surrey, British Columbia

16 6885 184 Street

Surrey, British Columbia

OH Sat 2-4pm. Rarely available CREEKSIDE at Clayton Hills! One of Cloverdale's coveted gated communities. #16 has the best location in the complex-private END UNIT Rancher offering 2 bedrooms & 2 full bathrooms across 1,400 SQFT. Relax in your home that feels like new w/updated laminate floors, shaker cabinets & 2 living areas w/cozy gas fireplace. The primary ensuite inclds tub, separate shower, his/hers sinks plus walk-in closet. Bask in the afternoon sun in the west-facing backyard with new vinyl fencing, gas BBQ outlet & patio. Other features: new furnace (Jan 2023), roof (2020), roadways (2023), double garage & driveway w/visitor out front. Located minutes from Hillcrest Village Shopping Center & perfectly situated between Langley & Cloverdale. One owner must be 55+, 2 Pets max 16". (id:48205)

2 Bedroom 2 Bathroom 1414 sqft
For sale Open House
$949,888
61 14433 60 AVENUE, surrey, British Columbia

61 14433 60 Avenue

Surrey, British Columbia

Welcome to your new home at Brixton. This end-unit home features 3 beds & 3 full baths and backs onto a protected greenbelt for ample privacy. Enjoy coming home to this beautiful space, which boasts a contemporary interior with an open concept layout, 9' ceilings, oversized windows, wide plank laminate flooring, and plush carpets. Your kitchen comes fully equipped with quartz countertops, marble backsplash, sleek stainless steel appliances, and an extra-large island for entertaining your guests. Head downstairs to relax in your large rec room along with your 3rd bathroom, which also grants you access to your private backyard. Large vehicle? No problem, as this property comes with a parking pad located in front of your garage, big enough for an oversized vehicle. Private showings available. (id:48205)

3 Bedroom 3 Bathroom 1418 sqft
For sale Open House
$949,800
70 15037 58 AVENUE, surrey, British Columbia

70 15037 58 Avenue

Surrey, British Columbia

Welcome to Woodbridge Townhomes, an executive gated community in the heart of Panorama Village. This 3-4 bedroom, 4 bath townhome boasts OVER 2450 sq.ft. with: new paint throughout, air conditioning, 9 foot ceilings, central vac, alarm and FEELS LIKE a DETACHED HOME. Main floor features: LARGE KITCHEN w/quartz counters, UNDERMOUNT SINK, tons of cupboards, bright spacious family room, cozy F/P & gleaming hardwood floors throughout the living & dining area--which opens onto your own PRIVATE FENCED YARD with garden patio, perfect for BBQ and entertaining. Upper level has a HUGE master bedroom & 5 pce ensuite with soaker tub, separate shower and custom designed W/I closet. Upper level also features 2 good sized bedrooms, full bath and laundry room. Lower level features fully finished rec room with full bath & double garage. All walking distance to YMCA, Fresh Street Market, White Spot, Shoppers Drug Mart and lots more shops. You won't be disappointed! Some rooms virtually staged. Open house Sat June 15--2-4pm. (id:48205)

3 Bedroom 4 Bathroom 2458 sqft
For sale
$949,000
77 15151 EDMUND DRIVE, surrey, British Columbia

77 15151 Edmund Drive

Surrey, British Columbia

Welcome to Townsend by Polygon in Sullivan Station. This brand new condition 3 bed + den and 3 bath townhouse, main floor entry with a double side by side garage. A centrally located unit within walking distance to all banks, restaurants, dollarama, shoppers drug mart. A list of recreation facilities & amenities, including YMCA, Fresh Street Market & Panorama Village Centre, all within walking distance. Townsend club, features 5,900 square feet of amenities, including a great room lounge area, teen lounge & kids playground. Showings with appointment only. Open House Open house Sunday, June 02, 3-5 PM (id:48205)

3 Bedroom 3 Bathroom 1527 sqft
For sale
$949,000
19 15151 EDMUND DRIVE, surrey, British Columbia

19 15151 Edmund Drive

Surrey, British Columbia

Welcome to Townsend, built by Polygon in the heart of Sullivan Station. This elegant home features 3 bedrooms, 3 bathrooms, a den perfect for an office, and a double side-by-side garage. The main floor entry leads to a privately fenced yard, a balcony, and a powder room-perfect for entertaining. Recent upgrades include hardwood flooring on the stairwell and new light fixtures. The master bedroom boasts two walk-in closets and a bath with double vanity sinks. Located within 2 km of Sullivan Elementary and Sullivan Heights Secondary, and walking distance to YMCA, Fresh Street Market, and Panorama Village Centre. Public transit is conveniently at your doorstep. (id:48205)

3 Bedroom 3 Bathroom 1526 sqft
For sale
$948,000
2 5780 174 STREET, surrey, British Columbia

2 5780 174 Street

Surrey, British Columbia

Clover Landing Townhomes! Great location. Beautifully designed and spacious townhome in the heart of Cloverdale. 3 Bedrooms plus den, 4 bathrooms (3 full + one 2 pc), side by side double garage, Nice & big deck for your outdoor barbeques & leisure. Quality construction and great finishing. Visitors parking available and play area for kids. Great quality appliances and window coverings are included in the price. Walking distance to Shops and Restaurants. Close to all Amenities. (id:48205)

4 Bedroom 4 Bathroom 1490 sqft
For sale Open House
$945,500
25 14877 60 AVENUE, surrey, British Columbia

25 14877 60 Avenue

Surrey, British Columbia

Welcome to Lumina! Located in the heart of Sullivan Heights, this contemporary crafted townhome situated on the private side will WOW you with gleaming hardwood floors, large windows, spacious bedrooms, a gourmet kitchen and Geo thermal heating and AC! (incl in the strata fees) This 3bd+rec room, 4bth home has extra large bedrooms, large closets and a recreation room that can be an in-law suite. Your side by side garage has plenty of room for storage. Centrally located to shopping, walking distance to pre school, Cambridge Elementary School and the YMCA recreation centre. Easy to show! Open house Sat June 15 12-2pm (id:48205)

3 Bedroom 4 Bathroom 1982 sqft
For sale
$944,900
150 16488 64 AVENUE, surrey, British Columbia

150 16488 64 Avenue

Surrey, British Columbia

Welcome to your dream lifestyle at The Harvest at Bose Farms in Cloverdale! This exquisite 3-bedroom + 21/2 Bathroom townhome offers open layout with oversized windows, flooding the space with natural light and showcasing stunning views from all 3 floors. Kitchen has party-sized island with quartz countertop, gas cooktop, built-in oven & microwave great for entertaining. With 9-foot ceilings throughout, primary bedroom featuring large windows, creating openness feeling. The large tandem garage leads to a generous backyard, perfect for your pets. Unit boasts an HRV system, deck with a gas hookup for bbq, on demand water heater and newly installed central vacuum. Next to 18.3 acres Bose Forest Park with trails , near transit, AJ McLellan Elem, shopping, gym and Cloverdale Athletic Park. (id:48205)

3 Bedroom 3 Bathroom 1474 sqft
For sale
$922,000
18 5889 152 STREET, surrey, British Columbia

18 5889 152 Street

Surrey, British Columbia

Welcome to Sullivan Gardens! Centrally located Corner unit Featuring 4 bedrooms and 4 bathrooms AND a DOUBLE side-by side garage!. This 1673 square feet unit has a perfect layout with one bedroom on the enterance with full washroom can be a rental suite and main floor is an open Living Room with seprate Dining room, and balcony off living room, Large eating area and kitchen and 2 piece powder. Upstairs are 3 good sized bedrooms and 2 full Updated bathrooms. New Laminate flooring on 3 level and stairs. Walking distance to YMCA, restaurants, medical clinic, schools, parks and shopping. Pet friendly. Dont miss out book your showings now!! (id:48205)

4 Bedroom 4 Bathroom 1673 sqft
For sale Open House
$915,500
37 5945 176A STREET, surrey, British Columbia

37 5945 176a Street

Surrey, British Columbia

Stunning Townhome in Crimson, Cloverdale Village! Nestled in the vibrant Cloverdale community, enjoy easy access to Cloverdale Rec Center, Cloverdale downtown, Brickyard Station, Shopping, Athletic & Millennium Parks, and schools like MARTHA CURRIE and LORD TWEEDSMUIR. Over 1400sqft of meticulously designed living space. Enjoy, 3 Bedrooms + FLEX, offering versatile space for families or professionals and 2.5 bathrooms for added comfort. DOUBLE wide garage, cozy forced air heating, and convenient gas stove and BBQ hookup on the BALCONY. Open concept floorplan, with airy 9' foot ceilings on the main, complete with a large island featuring a breakfast bar. Easy access to highways, perfect for commuters or those seeking urban convenience without sacrificing suburban tranquility. Call today! (id:48205)

3 Bedroom 3 Bathroom 1428 sqft
For sale
$914,999
188 16488 64 AVENUE, surrey, British Columbia

188 16488 64 Avenue

Surrey, British Columbia

Double side x side garage. this Stunning 3 bed + flex room is located in the popular Harvest at Bose Farms. The kitchen is the perfect space to get your chef on, equipped with an x-large island that will seat 5, quartz countertops, x-tended height cabinets that provide plenty of storage for all those kitchen appliances. Gas cooktop, built-in oven & microwave make entertaining in this space a dream. Crown moldings and 9 ft ceilings on the main and upper floor, cozy electric fireplace, oversize windows with custom roller blinds make this home bright and airy. Bonus: powder room on main. Easy care laminate flooring throughout. Nearby amenities include Bose Forest Park 18.3 acres of trails & playground, Northview Golf Course. Easy access to Hwy & US Border. (id:48205)

3 Bedroom 3 Bathroom 1551 sqft
For sale
$910,000
22 18181 68 AVENUE, surrey, British Columbia

22 18181 68 Avenue

Surrey, British Columbia

Enjoy living in Beautiful Magnolia located across from highly rated Adams Road Elementary School & Beautiful Park! Great community & well-run strata. Exceptionally clean. Spacious Open Main second floor. Great size master,3 full & 1/2 bathrooms up. Super family rm on lower level & full bathroom. Walk out to nice grassed yard & patio. New roofs, fencing & retaining walls last year. Amenities nearby, Clayton Heights Shops biking walking trails, Clayton shops. Future SkyTrain. Quick Possession (id:48205)

3 Bedroom 4 Bathroom 1765 sqft
For sale
$900,000
1 14955 60 AVENUE, surrey, British Columbia

1 14955 60 Avenue

Surrey, British Columbia

Cambridge Park! Built by Dawson Sawyer this former showhome is the largest in the complex at 1693 sq ft. Lovely 4 bedroom home, 3 beds up and one down that could be used as a home office/flex space/ guest suite with access to a 3 pc bathroom. Main level offers a spacious open-concept living room, kitchen & dining area. Large windows offer an abundance of natural light. Loads of storage, a large island with plenty of seating. Largest balcony in the complex (156 sq ft} off the main living area is for summer dining. Double side-by-side garage with parking for two more cars on the driveway. Freshly painted and ready to go! Live close to everything: schools, parking, recreation & Fresh Street Market. (id:48205)

4 Bedroom 3 Bathroom 1693 sqft
For sale
$899,999
100 15152 62A AVENUE, surrey, British Columbia

100 15152 62a Avenue

Surrey, British Columbia

Welcome to Beautiful 3 bedroom 3 bath fully renovated townhouse. Located in the heart of Sullivan Station! Features OPEN floor on the main Level with 9' ceilings, Quartz Counter tops newer Laminate flooring and stainless steel appliances, Newer Kitchen cabinets, Large kitchen with room for your eating table, luxurious lightings, newer PAINT! Spacious, bright open layout boasting nearly 1400 sq. ft. of living area. GAS Stove, Fenced, private yard + Balcony off kitchen is great for BBQing, kids or your pet. Convenient 2 piece powder room on main floor for guests! Master bedroom w/soaker tub & separate shower. RESORT STYLE Amenities Clubhouse with 2 guest suites, outdoor pool, hot tub, Gym, floor hockey area, playgrounds & MORE! (id:48205)

3 Bedroom 3 Bathroom 1410
For sale Open House
$899,900
24 2845 156 STREET, surrey, British Columbia

24 2845 156 Street

Surrey, British Columbia

Welcome to the Heights by Lakewood, located on the quieter side of Grandview Corners in South Surrey! This well kept 4 bedroom, 3 bathroom, east/west exposure, 1596 sqft townhouse features 9' ceilings, forced air heating on the main level, a front outdoor yard, gas range, master ensuite with double sinks, a garage and a covered parking pad, and so much more! Within walking distance of the Shops and restaurants of Grandview Corners, Sunnyside elementary, and South Ridge. Easy access to HWY 99, White Rock Beach, and the Park and Ride. Open House June 15th 2-4PM. (id:48205)

4 Bedroom 3 Bathroom 1621 sqft
For sale
$899,900
109 16433 64 AVENUE, surrey, British Columbia

109 16433 64 Avenue

Surrey, British Columbia

St. Andrews @ Northview! Bright & spacious 1,469 square foot ground floor unit facing south with a beautiful yard! Featuring 9 foot ceilings, a huge primary bedroom, a big second bedroom, 2 full bathrooms, great room style kitchen - with granite counters, stainless appliances, gas stove - living room with gas fireplace, a large den and a separate dining room! With hardwood floors, radiant hot water heating, crown mouldings and so much more! The complex features an elegant clubhouse with fitness center, lap pool, jacuzzi, sauna, along with an English pub style room with pool table, dart etc. 2 parking stalls & storage right out your front door! Great location close schools, shopping, transit, and Northview Golf and Country Club. Do not miss this one! (id:48205)

2 Bedroom 2 Bathroom 1469 sqft
For sale
$899,900
7 6033 168 STREET, surrey, British Columbia

7 6033 168 Street

Surrey, British Columbia

Explore comfort in this 3-bed, 3-bath Chestnut End townhouse flooded with natural light and boasting 9 ft ceilings. Enjoy granite countertops, stainless steel appliances, and a gas fireplace-all covered in the maintenance fee. The south-facing backyard is perfect for barbecues, and a double tandem garage offers ample space. Benefit from extra windows in this end unit, conveniently located near schools (AJ McLellan Elementary), parks (Cloverdale Athletic Park), transit, and Highway 10. Plus, discover the BONUS FLEX ROOM! (id:48205)

3 Bedroom 3 Bathroom 1884
For sale Open House
$899,000
4 7090 180 STREET, surrey, British Columbia

4 7090 180 Street

Surrey, British Columbia

This stunning end unit in The Boardwalk Town Home Complex, nestled in the heart of Cloverdale, boasts close to 2000 square feet of living space with breathtaking mountain views and a spacious fenced front yard. As a well-maintained, first-owner residence, it features 4 bedrooms and 3.5 bathrooms, with the versatile 4th bedroom on the ground level doubling as a recreational room. The home's interior showcases an open floor plan accentuated by crown moldings, a cozy electric fireplace. The modern kitchen is equipped with an abundance of cabinets, quartz countertops, and stainless steel appliances. Located in a prime area, this home is a short walk from Adams Road Elementary and Ecole Salish Secondary schools and close to shopping centers, public transit and future Skytrain station. (id:48205)

4 Bedroom 4 Bathroom 1951 sqft
For sale
$899,000
7 16995 64 AVENUE, surrey, British Columbia

7 16995 64 Avenue

Surrey, British Columbia

LEXINGTON - Highly sought after 3 bed 3 bath townhome with beautiful yard space off the main floor kitchen. Double side by side garage along with a MASSIVE UNFINISHED BASEMENT - blank canvas for your ideas and dreams. This home also features a primary bedroom on the main floor with ensuite. Large living room with vaulted ceilings and large kitchen. Home is in need of some TLC. Call today for your private viewing. (id:48205)

3 Bedroom 3 Bathroom 3031 sqft
For sale
$898,800
45 14955 60 AVENUE, surrey, British Columbia

45 14955 60 Avenue

Surrey, British Columbia

Cambridge Park is a Collection of craftsman-style townhomes build by Dawson & Sawyer. This beautiful, open and contemporary floor plan has room for the whole family wi/ 4 bedrooms, 2 baths up & a 4th bedroom or flex room on the lower level with its own 3-piece washroom. The kitchen features an oversized island, quartz countertops, stainless appliances, & extra kitchen nook for a pantry, laminate floors throughout, & flat panel shaker cabinetry. The master suite has a walk-through closets, double sinks, & large shower. Additional exterior features include a single garage with additional covered parking, and full enjoyment of the quiet & serene setting of this unit with green space close by for whole Family relaxation! (id:48205)

4 Bedroom 3 Bathroom 1516
For sale
$895,000
26 16488 64 AVENUE, surrey, British Columbia

26 16488 64 Avenue

Surrey, British Columbia

LIKE A SHOWHOME! This 3 Bed, 2.5 Bath home in the prestigious Harvest at Bose Farms is move in ready! You will love the luxurious kitchen with a Quartz waterfall island, gas stove, wall oven, pantry storage, balcony access, plus a powder room on the main. Lots of custom built-in features & designer lighting! 3 Spacious Bedrooms up with lots of closet space, with a luxurious Primary suite & spa inspired ensuite. The extra-long garage with upgraded flooring & a sunny window has room for 2 vehicles plus a workshop or gym & bonus storage! Opens to your private fenced yard with covered patio. Tankless on demand hot water, BBQ gas hookup on deck, & 9 ft ceilings. Walk in the 18 acre Bose Forest Park, golf at Northview, & close to schools, groceries, restaurants & shops. (id:48205)

3 Bedroom 3 Bathroom 1486 sqft
For sale
$895,000
304 16469 64 AVENUE, surrey, British Columbia

304 16469 64 Avenue

Surrey, British Columbia

Stunning ST. ANDREWS complex, Penthouse & Corner Unit, Over 1,300 sqft, 9 ft. Ceilings, 2 Bdrms, 2 Bths. & Den. 14 ft. Vaulted Living rm. w/Gas Fireplace & Patio doors to Huge Patio w/View of Mt. Baker. Renovated Kitchen Cabinets w/New Hardware, Updated Backsplash, Stainless Steel Appliances, Granite Counters w/Breakfast Bar. Newer Engineered Hardwood flooring throughout & Ceramic Tile in 2nd Bathroom & Laundry rms. Updated Light fixtures throughout including 3 Ceiling fans, Primary Bdrm, room for King size bed with Custom built Wainscoting. Walk through closet to Gorgeous 5 pc. Ensuite. Full size Laundry room with loads of storage plus Huge Storage locker rm. Resort Caliber Amenities incl. Country Club, Outdoor Pool & Hot Tub, Rec. Centre w/Pool Table & Bar. (id:48205)

2 Bedroom 2 Bathroom 1326 sqft
For sale
$892,000
37 14555 68 AVENUE, surrey, British Columbia

37 14555 68 Avenue

Surrey, British Columbia

Beautiful townhouse with 3 bedrooms, 2.5 baths, very nice layout, all decent size bedrooms, lots of windows, kitchen features modern stainless-steel appliances, quartz countertops, and pantry area. Huge living and dining area, family room and powder room on the main floor. Master bedroom ensuite bath and double closets, double tandem garage with lots of storage, nice patio and sundeck for outside fun! Close to both elementary and high schools, and nearby transit and shopping area, amenities are clubhouse available for parties and playground for kids and nice backyard area, MUST SEE!! (id:48205)

3 Bedroom 3 Bathroom 1353 sqft
For sale
$889,977
91 15155 62A AVENUE, surrey, British Columbia

91 15155 62a Avenue

Surrey, British Columbia

Gorgeous 2 bd 2 bath luxe townhome southern exposure, large patio backyard, Pool hottub indoor hockey rink, theatre room, billiards, spa, guest suite, 2 car garage, visitor park (id:48205)

2 Bedroom 2 Bathroom 1342 sqft
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About The City of

Cloverdale

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

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

Neighborhoods in

Cloverdale

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

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

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

  • Claude Harvie

  • West Cloverdale North
  • Bose Forest Area

  • AJ McLellan Park

  • Guy Richardson Park

Amenities in

Cloverdale

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

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

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

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

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

Cloverdale Elementary Schools:

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

Cloverdale Secondary Schools:

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

Private Schools in Cloverdale:

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

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

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

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

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

Economic Stats for

Cloverdale

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

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

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

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

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

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

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

CLOVERDALE CONDOS

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

CLOVERDALE TOWNHOMES

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

CLOVERDALE DETACHED HOMES

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

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

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

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

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

Rental Potential in

Cloverdale

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

Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.

  • Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
  • Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
  • Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In Cloverdale, you can expect to pay around 0.334% of the BC assessment value each year.
  • Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
  • Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
  • Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.

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

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

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

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

Estimated Monthly Rents:

1 Bedroom – $1,150 – $1,400 per month

2 Bedroom – $1,700 – $1,900 per month

3 Bedroom – $2,200 – $3,400 per month