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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
$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
For sale Open House
$889,977
91 15155 62A AVENUE, surrey, British Columbia

91 15155 62a Avenue

Surrey, British Columbia

Gorgeous 2 bd 2 bath luxe townhome with sunny exposure, large patio backyard, Pool hottub indoor hockey rink, theatre room, billiards and conferenece room for your meetings, 2 car garage, visitor park (id:48205)

2 Bedroom 2 Bathroom 1342
For sale
$889,900
58 15075 60 AVENUE, surrey, British Columbia

58 15075 60 Avenue

Surrey, British Columbia

RARE GEM AVAILABLE. "Nature's Walk" by award-winning MOSAIC. Discover the epitome of family living in this English Colonial style townhouse with picturesque setting nestled amidst lush greenery and mature trees. 9 ft ceilings, 4 bed 3 bath with tasteful upgrades throughout. Huge balcony on the main floor to entertain your guests. 3 spacious bedrooms upstairs. SIDE BY SIDE GARAGE with additional parking apron. One bedroom/den below leads to a private manicured front yard facing gorgeous greenspace. Enjoy the peaceful ambiance of nature right outside your doorstep while still being conveniently located near Shopping, Fresh Street Market, Transit, YMCA, Parks and more! Steps from Cambridge Elementary. (id:48205)

4 Bedroom 3 Bathroom 1546
For sale
$889,000
116 15152 62A AVENUE, surrey, British Columbia

116 15152 62a Avenue

Surrey, British Columbia

Uplands. Resort style living in Panorama Places premier complex. One of the best locations in the complex, that has unrivaled mountain Views from the living and master bedroom. It feels like you are living in a house due to the unobstructed views. Powder rooms and flex rooms on the main, newer gas stoves and fridge. Fireplaces and 5 piece master ensuite bathrooms in this complex. Wrap around windows in this end unit flood the home with natural light. The open concept main floor walks out to large fully fenced south facing yard and offers a functional floor plan with extra flex room off kitchen perfect for office or play. A large master ensuite with his/hers sinks and soaker tub plus convenient laundry area in hall. 10,000sqft clubhouse w/ outdoor pool, hot tub, 2 fitness areas, guest suite (id:48205)

3 Bedroom 3 Bathroom 1461
For sale Open House
$889,000
46 16760 61 AVENUE, surrey, British Columbia

46 16760 61 Avenue

Surrey, British Columbia

HARVEST LANDING built by the award wining Platinum Group, renowned for developing quality homes with exceptional finishing and craftsmanship. This 1907 sq ft townhouse boats 9' ceilings, a very well thought out floor plan with a tonne of natural light, powder and backyard off the main floor. There are 2 large bedrooms upstairs complete with 2 beautiful bathrooms and huge rec room/bedroom downstairs with its own powder room makes this a perfect spot for that home office, media room or teenager. Meticulously maintained, and a Freshly Painted. Move in and enjoy this highly sought after Cloverdale neighbourhood within walking distance to schools, parks, transit, golf, the farmers market, Shopping & the rodeo! (id:48205)

3 Bedroom 4 Bathroom 1848
For sale
$888,000
102 4988 CAMBIE STREET, vancouver, British Columbia

102 4988 Cambie Street

Vancouver, British Columbia

Discover modern luxury living at Pennyfarthing Homes' Cambie Collection Hawthorne. Adjacent to Queen Elizabeth Park, it redefines elite residences with contemporary design and striking architecture. Enjoy spacious rooms, 9-ft ceilings, and floor-to-ceiling windows flooding interiors with natural light. Meticulous finishes and tailored detailing elevate every corner. Kitchens feature flat-panel cabinetry, premium BOSCH appliances, including a gas cooktop. Luxurious bathrooms boast quartz countertops and rich wood cabinetry. With a dynamic outlook, Hawthorne seamlessly integrates with nature, offering a south-facing exposure. Experience the pinnacle of contemporary living where luxury meets nature harmoniously. (id:48205)

1 Bedroom 629 sqft
For sale Open House
$888,000
1 7168 179 STREET, surrey, British Columbia

1 7168 179 Street

Surrey, British Columbia

Welcome to Ovation in Provinceton! This END UNIT townhome boasts a bright, spacious, and open concept design. The kitchen has granite countertops, an island perfect for entertaining, and two balconies off the main floor. With a powder room on the main level, this home offers comfort and functionality. Upstairs, discover 3 bedrooms, including a generous primary suite with a walk-in closet and ensuite. The lower level features a large rec room or optional 4th bedroom. Enjoy the convenience of a double side-by-side garage. Ideally located within walking distance to shopping, public transit, and restaurants. School catchments: Adams Road & Salish School catchments. (id:48205)

3 Bedroom 3 Bathroom 1713
For sale
$884,900
18 18199 70 AVENUE, surrey, British Columbia

18 18199 70 Avenue

Surrey, British Columbia

3 level townhome in the heart of Cloverdale just a short walk to groceries, shops, restaurants and the coming soon Hillcrest-184th station skytrain (huge investment potential!). Boasting a ton of unique features, you will love the professionally sound-proofed lower level perfect for watching movies, artificial turfed, private yard in the summer time, extra parking just out the front door and the added kitchen storage and wine fridge. Large eat-in kitchen boasting sleek stainless steel appliances, granite countertops, refinished, stylish white and grey cabinets. All 3 bedrooms are generous in size and the primary offers a 4 piece ensuite. Located in a well run strata in a neighbourhood mixed with expensive detached homes. Private showings available! (id:48205)

3 Bedroom 3 Bathroom 1874
For sale Open House
$875,000
8 14433 60 AVENUE, surrey, British Columbia

8 14433 60 Avenue

Surrey, British Columbia

Brixton is a group of stylish townhomes in Panorama. They look like old-fashioned Colonial homes but have modern touches like big windows and fancy floors. The kitchen is great for cooking and has cool lights and nice countertops. Close to schools and parks. Open house Sun 12th May 12:00- 2:00 (id:48205)

3 Bedroom 3 Bathroom 1249
For sale Open House
$875,000
43 19097 64 AVENUE, surrey, British Columbia

43 19097 64 Avenue

Surrey, British Columbia

This stunning townhome in Cloverdale offers 3 bedrooms and 3 bathrooms, with 1465 square feet of well-designed living space flooded with natural light. The kitchen is a haven for culinary enthusiasts, featuring stainless steel appliances and ample counter space. EV charger installed. Situated in THE HEIGHTS complex, it promises both a comfortable home and a solid investment, especially with its prime location on the future skytrain route. Close to shopping and schools, it also boasts a great patio and yard for enjoying sunny days. OPEN HOUSE SUN. MAY 5 1PM-3PM. (id:48205)

3 Bedroom 3 Bathroom 1442
For sale Open House
$874,999
163 16488 64 AVENUE, surrey, British Columbia

163 16488 64 Avenue

Surrey, British Columbia

Welcome to Harvest at Bose Farms. This spacious corner unit townhouse is offering over 1500 sq ft of living space, complete with a bright kitchen, dining room, and living room on the main floor, complimented by a powder bathroom. Upstairs discover three bedrooms, including a master suite boasting vaulted ceilings and breathtaking views, alongside two full bathrooms. Enjoy the convenience of a large garage leading to an oversized yard with new artificial turf! *** OPEN HOUSE MAY 4/5 2-4 PM *** (id:48205)

3 Bedroom 3 Bathroom 1523
For sale Open House
$874,900
12 19097 64 AVENUE, surrey, British Columbia

12 19097 64 Avenue

Surrey, British Columbia

Welcome to your new family home in Cloverdale. This stunning 3bed/3bath 1400+sq feet of living space is the perfect size. When you step on to the main floor you're greeted by a large bright kitchen with S/S appliances, quarts counters, ample storage space, 9 foot ceilings, laminate flooring, large balcony and 2 pc bath for guests. Upstairs features huge primary bedroom with private ensuite and walk-in closet plus 2 good size bedrooms and 4pc main bath. Bonus! Home comes with central A/C on the main floor, EV charger in the garage, good size patio with yard on garage level plus a office space and 2 parking spots in tandem garage! Close to shopping, schools, public transit and the future skytrain line. Pride of ownership truly shows! (id:48205)

3 Bedroom 3 Bathroom 1465
For sale Open House
$869,999
44 6036 164 STREET, surrey, British Columbia

44 6036 164 Street

Surrey, British Columbia

Welcome to this charming end-unit townhouse, an inviting home that offers the perfect blend of comfort and convenience in the sought-after Arbour Village. With a generous layout that includes 3 bedrooms, 3 bathrooms and a ground-level den, it's a residence that suits both families and professionals. The fully fenced yard is beautifully finished with artificial turf & landscaping for low maintenance and year-round greenery, complemented by a covered deck above that invites outdoor living in any weather. Enjoy having an attached garage and a bonus carport spacious enough for a full-size truck, ensuring ample room for vehicles. Located just minutes on foot from parks, shopping, schools and transit, providing easy access to recreational activities while living in a fantastic community. Open House Postponed to Sunday May 26 from 2-4pm. (id:48205)

3 Bedroom 3 Bathroom 1635
For sale Open House
$866,000
2 14450 68 AVENUE, surrey, British Columbia

2 14450 68 Avenue

Surrey, British Columbia

BEAUTIFUL SPRING HEIGHTS! THE ABSOLUTE GEM! This STUNNING Duplex like home 3-bedroom, 3 Washroom, Living, Family and 2 car parking property in the popular Panorama Heights neighbourhood. Quality build with high-end finishing and workmanship. Quartz countertops, laminate flooring, maple cabinets, crown mouldings and much more. Located close to shopping, schools, recreation, and all the amenities you could ever desire. First choice of first-time buyers and small families. Call now! Open house April 21 2-4PM. (id:48205)

3 Bedroom 3 Bathroom 1465
For sale Open House
$858,000
59 7090 180 STREET, surrey, British Columbia

59 7090 180 Street

Surrey, British Columbia

Awesome like new, very clean, ready to move in 3 bedroom, 2.5 bathrooms townhome in The Boardwalk offers great open floor plan & modern design. Tastefully updated home with many features such as beautiful kitchen with dark cabinets, quartz counters, stainless steel appliances, crown moldings, wide plank laminate flooring, cozy electric fireplace, Tile on floors & wall in bathrooms, closets w/organizers. Large balcony overlooks newly landscaped private backyard w/patio. Amazing location, short walk to Adams Road Elementary & Ecole Salish Secondary schools, close to shopping, public transit & future SkyTrain. Well maintain no problem complex, amenities include club house & guest suite. Open house May 18 & 19, Sat 2-4, Sun 2-4pm (id:48205)

3 Bedroom 3 Bathroom 1545
For sale Open House
$858,000
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
$856,000
49 7090 180 STREET, surrey, British Columbia

49 7090 180 Street

Surrey, British Columbia

Welcome to THE BOARDWALK in sought after PROVINCETON! This beautiful 3 bedroom, 2.5 bathroom townhouse is a MUST SEE! The main floor features open concept living with large kitchen & island, stainless steel appliances & quartz counter tops. Beautiful stone fireplace, laminate flooring, crown mouldings, powder room on the main and 9 ft ceilings are an added bonus! Upstairs boasts a large primary bedroom with room for a king size bed. Outside, enjoy one of the LARGEST backyards in the complex with plenty of privacy. Generous sized double tandem garage, lots of visitor parking and within WALKING DISTANCE to the future Skytrain, Adams Road Elementary, Ecole Salish Secondary, shopping, recreation, parks & more! (id:48205)

3 Bedroom 3 Bathroom 1450
For sale
$849,900
102 16222 23A AVENUE, surrey, British Columbia

102 16222 23a Avenue

Surrey, British Columbia

Best value in the area! You'll love this AWARD WINNING of the "Georgie Award" 4 bedroom home in The BREEZE. You get an open layout with over-sized island, granite style counter tops, stainless steel appliances & modern white cabinets. Extra large windows on all floors, double car garage and large patio for BBQ's. 3 bedrooms upstairs, primary bedroom with vaulted ceilings plus BONUS bedroom & full bath on lower level, perfect for in laws, teens, students or home office. Family orientated complex with AMAZING Clubhouse including gym, yoga room, sauna and playground. Perfect location in the heart of Grandview Heights. Close to Oak Meadows Park, Superstore, shops & restaurants at Grandview Corners, Grandview Recreation Centre, Morgan Crossing, Grandview Aquatic Center and schools. Call now! (id:48205)

4 Bedroom 3 Bathroom 1451
For sale
$849,900
5 15833 26TH AVENUE, surrey, British Columbia

5 15833 26th Avenue

Surrey, British Columbia

Discover urban living at its finest at The Brownstones, a fantastic boutique complex nestled in the heart of the action. This inviting 4 Bed, 2 Bath home boasts its own gated front entrance & a charming garden area, providing a sense of suburban tranquility. With no renovations necessary, you can simply move in and relish the comforts of home! The main level features elegant engineered hardwood floors, while the spacious & sunny kitchen is equipped w/ stainless steel appliances. Retreat to the generous master suite, complete w/ a walk-through closet & ensuite, offering a private oasis. Plus, entertain to your heart's content on the expansive rooftop patio during the summer months. Conveniently located across from shopping, restaurants, parks, and schools. Pets & families welcome! Must see! (id:48205)

4 Bedroom 2 Bathroom 1598
For sale
$849,800
104 16388 64 AVENUE, surrey, British Columbia

104 16388 64 Avenue

Surrey, British Columbia

Experience lifestyle upgraded in this exceptional 2-bedroom plus den condo with expansive views overlooking an old-growth forest trail. This home boasts a fully fenced yard, generous patio, and sunny southern exposure, making it ideal for dog lovers and entertainers alike. The open and spacious floorplan features abundant windows, a full-sized kitchen, and a dining suite perfect for hosting family gatherings. This home's tranquil location, private views and the sounds of wilderness that evoke the feeling of living in a nature preserve, all within the secure confines of this well-located building. This unit offers the convenience of two parking spaces and a storage locker on the same floor for added ease. This home is located in an exclusive purpose built community with extensive ammenities (id:48205)

2 Bedroom 2 Bathroom 1073
For sale Open House
$849,000
74 14838 61 AVENUE, surrey, British Columbia

74 14838 61 Avenue

Surrey, British Columbia

GREAT LOCATION in Sullivan Station! 3 Level Beautiful townhouses with 3 beds, 2.5 bath. Main floor features: open living room, kitchen, dining room, powder room. Upstairs there are 3 bedrooms and 2 full bath, master bedroom has walk through closet and ensuite. Large tandem garage for two cars with space for storage. The complex has a great clubhouse (with Gym & Hall), excellent for a growing family. There is a fenced yard ideal for pets and kids. Centrally located near to many amenities. OPEN HOUSE MAY 18 SAT & MAY 19 SUN 2:00PM to 4:00PM (id:48205)

3 Bedroom 3 Bathroom 1304
For sale Open House
$849,000
22 6450 187 STREET, surrey, British Columbia

22 6450 187 Street

Surrey, British Columbia

This is the one! Welcome to Hillcrest, your prime townhouse nestled in the heart of Cloverdale, built by renowned Mosaic. This stunning 3 bed (2 up, 1 down) and 3 FULL bath (2 up, 1 down) corner unit is sure to impress with its spacious and open floor plan. Main floor boasts 9ft ceilings, drawing in plenty of natural sunlight inside the home with extra windows. Newly painted walls & new laminate flooring through-out the home. Sleek stainless steel appliances, ample cabinet space & storage in the kitchen, and a large island. Good sized balcony off living room surrounded by trees. Quality closet organizers built in the bedrooms. New washer/dryer. Garage parking with space for storage as well and 2nd parking on the driveway. Walkable to school, shops, parks transit and future skytrain! Open House Sat May 18 2-4PM and Sun May 19 2-4PM (id:48205)

3 Bedroom 3 Bathroom 1431
For sale
$849,000
7 15065 58 AVENUE, surrey, British Columbia

7 15065 58 Avenue

Surrey, British Columbia

Welcome to Springhill, conveniently situated within walking distance of Sullivan Square shopping & Highway 10. This 3 storey end unit townhome boasts a newly renovated kitchen adorned with Samsung Smart wifi appliances, ample pantry space, & dual islands perfect for culinary enthusiasts. The living room is highlighted by a cozy gas fireplace & expansive windows flooding the space with natural light. Enjoy the convenience of a powder room and balcony on the main floor. Upstairs, is the master suite offers his & hers closets plus a 4 piece ensuite, accompanied by two additional bedrooms & another full bath. On the lower level, you'll find a 4th bedroom with 3 piece ensuite. Outside, the spacious fenced yard is perfect for outdoor relaxation or those with pets. (id:48205)

4 Bedroom 4 Bathroom 1740
For sale Open House
$848,888
7 5957 152 STREET, surrey, British Columbia

7 5957 152 Street

Surrey, British Columbia

Panorama Station. Your search is over! This beautiful 3 bdrm, 2.5 bathroom townhome has been meticulously cared for by its owners. This unit shines from top to bottom. OPEN, bright floor plan with a stunning kitchen, quartz counter tops, stainless steel appliances, beautiful cabinets & room for your bar stools. Brand new laminate flooring on the main floor. Newer paint throughout and crown moldings. Bonus 2 piece washroom on main floor. Door off eating area leads to your patio for entertaining PLUS a bonus 2nd West facing patio. Unit is located in back of the complex and FACING GREENSPACE. 2 car garage with extra storage space as well. Great complex with amenity center featuring fitness center and bbq area on greenspace for large gatherings. Close proximity to the School and Bus Stop. (id:48205)

3 Bedroom 3 Bathroom 1389
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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