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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
$814,999
407 2425 166 STREET, surrey, British Columbia

407 2425 166 Street

Surrey, British Columbia

This stunning penthouse unit features 2 bedrooms and 2 bathrooms with 2 parking slots, offering luxurious living in the heart of the city. Finishes include soft close, shaker-style cabinetry, polished quartz countertops with a full-height tile backsplash, and stainless steel kitchen appliances by Fisher & Paykel, including an industrial-style gas range and double drawer dishwasher! Enjoy up to 11' ceilings, rough-ins for A/C and gas BBQ outlet on the deck. The parking stall is roughed-in for a future EV charger. This home features double ensuites and double walk-in closets! Just steps away from Grandview Aquatic Centre and within walking distance to the shops at Morgan Crossing, Grandview Corners, private and public schools, and transit, this home truly has it all! (id:48205)

2 Bedroom 2 Bathroom 899
For sale Open House
$809,900
10 6238 192 STREET, surrey, British Columbia

10 6238 192 Street

Surrey, British Columbia

CORNER END UNIT WITH A PRIVATE BACKYARD! 3 BED + MASSIVE DEN currently used as a 4TH BEDROOM and living space and connected to the garage with epoxy flooring. The main floor features two living spaces AND two patios, perfect for entertaining. Upstairs, find 3 well-sized rooms for any family. Have the peace of mind with recent upgrades including fresh paint, flooring, lights, fixtures, and more. Parking is a breeze with an additional spot, accommodating a total of 3 cars, a rarity in the complex. Positioned near the forthcoming Cloverdale skytrain station, convenience is unparalleled with schools, transit, and shops within walking distance. Ideal for homeowners, families, and investors seeking exceptional value. Contact us for a showing - the next move is yours! Open House Saturday April 27 1-4pm & Sunday April 28 2-4pm. (id:48205)

3 Bedroom 3 Bathroom 1506
For sale
$799,999
204 2425 166 STREET, surrey, British Columbia

204 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 plus den, 960 sq ft home features an open concept with 9' ceilings. Situated on the second floor, this beautiful corner unit boasts a vaulted ceiling in the main living area and two large separated bedrooms including a primary bedroom with a walk-in closet and ensuite with double sinks. Finishes include polished quartz countertops with full height tile backsplash, stainless steel kitchen appliances by Fisher & Paykel including an industrial-style gas range and double-drawer dishwasher. The home overlooks 24th Ave and offers rough-ins for A/C and a gas BBQ outlet on the deck. Additionally, two parking stalls are roughed in for future EV Chargers. 15K DECORATING ALLOWANCE + FREE STRATA FOR ONE YEAR + FULL PTT (PROPERTY TRANSFER TAX) PAID IN FULL. (id:48205)

2 Bedroom 2 Bathroom 960
For sale
$799,900
3 6238 192 STREET, surrey, British Columbia

3 6238 192 Street

Surrey, British Columbia

Welcome to Bakerview Terrace! This beautiful townhouse complex is encapsulated within a park style setting with scenic views of Mount Baker. This stunning 4 bedroom, 2.5 bath with endless possibilities. With exquisite attention to detail, the kitchen includes crown mouldings throughout, granite countertops, maple cabinets, tile flooring & a full line of stainless steel appliances. The mesmerizing living room is equipped with laminate flooring, a gas fireplace encased in a wooden mantel, expansive windows, a powder room and much more. Seeing is believing! (id:48205)

4 Bedroom 3 Bathroom 1511
For sale Open House
$799,900
23 14905 60 AVENUE, surrey, British Columbia

23 14905 60 Avenue

Surrey, British Columbia

Welcome to THE GROVE at Cambridge! This stunning 3 bedroom, 2 bathroom townhouse in Sullivan Station boasts mountain and park views from the balcony off the kitchen. With a spacious open living plan, brand new laminate flooring on main (under warranty), brand new premium quality carpet, and just painted throughout, this home is move-in ready. Enjoy the convenience of a tandem garage and a private backyard. Situated near YMCA, schools, daycare, parks, and quick access to Highway 10, this property truly has it all. Don't miss out on the opportunity to call this beautifully updated townhouse your new home. OPEN HOUSE SATURDAY MAY 4th 2-4 and SUN MAY 5th 12-2. (id:48205)

3 Bedroom 2 Bathroom 1334
For sale Open House
$799,800
134 14833 61 AVENUE, surrey, British Columbia

134 14833 61 Avenue

Surrey, British Columbia

Welcome to popular and family friendly ASHBURY HILL in the heart of Sullivan Station! This bright and open concept 3 bed/ 2.5 bath 1308 sq ft townhome is perfect for today's young family and situated in complex with the spacious balcony, off kitchen and fenced private backyard overlooking protected greenspace for added privacy. The main floor boasts modern kitchen with SS appl, large living room and DR which accommodates full size dining table plus powder room. Upper floor offers large primary bedrm w/ ensuite plus 2 additional bedrms and laundry. Tandem garage fits 2 full size vehicles. Amenities incl Gym, Party Room, Outdoor BBQ area, Kitchen and Guest suite. Walk to schools (Cambridge Elem/ Sullivan Sec) Restaurants, Fresh Street Market, YMCA, and more! Call now. (id:48205)

3 Bedroom 3 Bathroom 1308
For sale
$799,000
109 15235 SITKA DRIVE, surrey, British Columbia

109 15235 Sitka Drive

Surrey, British Columbia

welcome to Wood and water Fleetwood most desired community .This is two bedroom plus den townhouse walking distance to sequoia Park ,Guildford golf courses and cayote creek elementary School. This feature high ceiling in the main floor with an open layout on living and dinning area, laminated flooring ,S/S appliances and quartz counter top the lower floor features a den or a office or can be use a small bedroom plus full bath,Upstairs you will find 2 good size bedrooms & 2 full bathrooms, Just steps away from the urban centre of Fleetwood & minutes from Guildford Mall and Panorama Village Plaza for all your shopping need..Still Available (id:48205)

2 Bedroom 3 Bathroom 1175
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
$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 Open House
$729,900
2 6140 192ND STREET, surrey, British Columbia

2 6140 192nd Street

Surrey, British Columbia

Be fast here !! Coveted & problem free Manor Ridge Estates, is a popular sought after gorgeous 55+ Adult community. This is a spacious 2 bdrm + den, 3 bath townhome that has been loved & pampered by her owners.1st time offered this stunning unit boasts a large master bdrm on main floor with full ensuite, gorgeous Oak kitchen loaded with cabinetry, soaring ceiling heights in great rm with feature gas f/p & sliding doors to a bright,sunny & warm private western exposed backyard. Upstairs features a den,2nd bdrm,full bath & private sundeck. Large side x side dble car garage. Quiet location with complex. Will not disappoint ....a 10 !!! (id:48205)

2 Bedroom 3 Bathroom 1401
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
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
$699,900
6 17555 57A AVENUE, surrey, British Columbia

6 17555 57a Avenue

Surrey, British Columbia

Welcome Home to HAWTHORNE by Mosaic in the heart of old-town Cloverdale. This bright and light South facing home features 10 ft high ceilings on the open concept main floor with a spacious gourmet kitchen featuring QUARTZ counters, SS appliances and ample storage. Beautiful modern herringbone style flooring, sleek black matte hardware, and a large deck off the living area, perfect for summer BBQs. Upstairs the 2 spacious bedrooms feature large bright windows & a shared luxurious ensuite with a separate soaker tub & shower, extended vanity & LED backlit mirror. Downstairs a full bathroom and gated front yard with an oversized garage w/plenty of storage & 2nd parking on the driveway. Walking distance to amenities with locally owned shops and eateries. Great daycares and schools are close by. Easy highway access. Open House Saturday 2-4. Don't miss out on this gem! (id:48205)

2 Bedroom 2 Bathroom 1096
For sale
$699,000
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 Saturday & Sunday May 11 & 12 from 2-4. (id:48205)

2 Bedroom 2 Bathroom 1222
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
$685,000
1 5760 174 STREET, surrey, British Columbia

1 5760 174 Street

Surrey, British Columbia

Welcome to Stetson Village! Rarely Available, END UNIT, GROUND FLOOR, RANCHER . 1299 Square Feet of living space, this bright and spacious home has lots to offer including: 2 large bedrooms, 2 full bathrooms with a family room and eating area off of the kitchen, Large living room with gas fireplace, low strata fees, private back yard for you to relax and enjoy on those sunny summer days. Stetson Village is a small family friendly complex located in beautiful Cloverdale. Centrally located close to shopping, restaurants, recreation, transportation and just minutes to highway, US Border and more! (id:48205)

2 Bedroom 2 Bathroom 1299
For sale Open House
$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 MAY 11TH & 12TH 2:00 PM TO 4:00 PM**** (id:48205)

2 Bedroom 2 Bathroom 832
For sale Open House
$665,000
6120 E GREENSIDE DRIVE, surrey, British Columbia

6120 E Greenside Drive

Surrey, British Columbia

Welcome to popular Greenside Estates. Nicely updated 2 bed,1 bath with huge yard ideal for pets and kids. Entertainers delight with upgraded, extended kitchen offering ample storage and cooking space, with large caesar stone counter top and island. Spacious living room with vaulted ceiling and modern cultured stone gas fireplace. Private covered back patio overlooking your own quiet backyard. 2 bedrooms upstairs with primary offering spacious walk in closet. Great complex with outdoor pool, basketball court, gym and clubhouse. New Skytrain station will be steps away. Great future potential value increase here. Centrally located, close to all amenities. Open House Sat/Sun 11th & 12th 2-4pm. (id:48205)

2 Bedroom 1 Bathroom 1036
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
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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