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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
$2,900,000
8406 152 STREET, surrey, British Columbia

8406 152 Street

Surrey, British Columbia

Discover the essence of redevelopment in Fleetwood's Stage 1 Plan. With a minimum 0.25 FAR, experience seamless transitions from low-rise to high-rise, while the core pulses with 0.3 FAR of active commercial life (INCREASED DENSITY POSSIBLE). Ground-level vitality thrives on primary streets, inviting community engagement. Townhouse residences at grade offer urban living redefined. Surrey's visionary proposal heralds a new era. From the bustling Fleetwood Core to the charm of Neighbourhood Commercial, every facet spells opportunity. Invest in the Plan Boundary Extension, where a non-conforming duplex beckons transformation. Developers and investors, embrace the chance to reshape Fleetwood's skyline. SOLD SEPARATELY OR IN CONJUNCTION w/ #R2859314 - 15245 84 AVE. (id:48205)

5 Bedroom 2 Bathroom 2004
For sale
$2,899,999
5744 146A STREET, surrey, British Columbia

5744 146a Street

Surrey, British Columbia

ATTENTION Real Estate INVESTORS, BUILDERS, and DEVELOPERS, seize the opportunity with this prime property boasting a spacious 19,988 square foot lot (Zoned RH) primed for potential subdivision into TWO LOTS almost 10,000sqft each. Strategically located in Sullivan Station, the existing 4-bedroom, 3-bathroom residence offers convenient access to major highways including Hwy 10, Hwy 99, and Hwy 91. Situated nearby Goldstone Park and a new elementary school. Enjoy proximity to coveted amenities such as the YMCA, trendy cafes, boutique shops, and vibrant dining options, making this property an enticing investment proposition for astute buyers. (id:48205)

4 Bedroom 3 Bathroom 2722
For sale
$2,899,900
5451 184 STREET, surrey, British Columbia

5451 184 Street

Surrey, British Columbia

Well built, 2-Storey with primary bedroom on the Main. Gorgeous hardwood & slate floors, spacious room sizes. Huge kitchen with Island & gas stove. Pot lights, lots of cabinets, roll outs in pantry & a lovely bay eating area looking out backyard. Other features include glass pocket doors & F-C cozy brick surround with a low maintenance gas "free standing" fireplace in family room off kitchen. Large primary bedroom with spacious ensuite, soaker tub & separate shower. Patio off bedroom to a private backyard patio. Three large bedrooms up. Over half an acre with development potential for a minimum of 2 extra lots plus the main house on its own lot, great opportunity for the right buyer. (id:48205)

5 Bedroom 3 Bathroom 3076
For sale
$2,898,000
15995 36A AVENUE, surrey, British Columbia

15995 36a Avenue

Surrey, British Columbia

Discover refined living in this Morgan Creek Rancher with a bright lower level. Situated on a meticulous 13,562sqft property, this home boasts an open-concept layout, tall ceilings and ample natural light throughout. Completely wheel-chair accesible. Grand foyer opens up to a private home office, and formal Dining Room. The Great Room along the back of the home features a gourmet kitchen, walk-in pantry and French doors to a sprawling sundeck for indoor/outdoor living and entertaining. The airy primary suite boasts a sitting area, outdoor access, a spa-like ensuite and large walk-in closet. Take the Elevator or stairs to the lower level, complete with 2 bedrooms, gym, media and recreation room. Bonus oversized triple garage. Morgan Elementary & Grandview Heights Secondary School Catchment. (id:48205)

4 Bedroom 4 Bathroom 5378
For sale
$2,888,800
18471 56 AVENUE, surrey, British Columbia

18471 56 Avenue

Surrey, British Columbia

Welcome to this elegant & luxurious custom home sitting on a large 9,364 sqft. lot in the most prestigious neighborhood. One-of-a-kind ultra luxury 'Dream Home' offers 6,717 sqft. of spacious living incorporating every modern amenity one could dream of with comfort, elegance & absolute sophistication. Grand entrance with exquisite ceiling moulding & unique wall feature: Spacious family room with high vaulted ceiling & cozy fireplace; beautiful gourmet kitchen with a marble countertop, high-end cabinetry & top-of-the-line Fisher & Paykel appliances. Upstairs features 5 bdrms w/dedicated ensuites. The basement features rec & media rm along w/a (2+2) bdrms suites w/fully equipped kitchen (as potential mortgage helper). School catchment: Martha Currie & Lord Tweedsmuir. (id:48205)

10 Bedroom 10 Bathroom 7332
For sale
$2,880,000
6149 164A STREET, surrey, British Columbia

6149 164a Street

Surrey, British Columbia

This DESIGNER residence exudes sophistication & elegance, with west-exposure sunsets & sensational valley views. Voluminous spaces, natural stone, custom stained oak cabinetry, premium flooring, a venetian plaster fireplace, impressive millwork & French doors highlight a lifestyle of majestic comfort. The effortless floor plan includes a bedroom suite on the main with an impressive ensuite & walk-in glass shower, a private primary retreat on the upper level offering an expansive walk in closet + spa ensuite with soaker, 3 additional bedroom suites on the upper level, a recreation room/gym, media room, guest bedroom, & a two bedroom legal suite on the lower level. The property offers flexibility with 2 separate entry doors on the lower level. Truly one of a kind, with no expense spared! (id:48205)

8 Bedroom 9 Bathroom 5195
For sale Open House
$2,798,000
16641 BELL ROAD, surrey, British Columbia

16641 Bell Road

Surrey, British Columbia

Rare Dreamstar Home...Located in West Cloverdale Bell Road. This beautiful 5810sqft 3 level home sits on a 7129sqft. Master on main, Plenty of Room for the whole family! This 2 story w/basement and DOUBLE CAR GARAGE ,9 bedrooms and 8 bathrooms, 4 KITCHENS of space in a quiet neighborhood, 2 master bedrooms! This LUXURY home includes HIGH END appliances and spice kitchen, SPACIOUS living and dining room which are PERFECT FOR ENTERTAINING, large back yard for outdoor parties. This home is also located in desirable and has one of the largest lots in the area. this home has radiant floor heating as well as air condition with heat pump. Everything about this house is a WOW! (id:48205)

8 Bedroom 8 Bathroom 5810
For sale
$2,788,000
5818 152 STREET, surrey, British Columbia

5818 152 Street

Surrey, British Columbia

Welcome to this Charming Luxury Residence, with a 5-10 years warranty situated in a central location area of Sullivan Station. This well maintained home offers a 9 Bedrooms, 8 & Half Bathrooms with amenities Theatre Room, Wet Bar, Nanny Room, Outdoor Patio BBQ & Kitchen. Main Floor features an Open Concept, Main Kitchen with Massive Island, Chef's Kitchen, Formal Dining Room, Family Room & a Spacious Living Room with Excellent Layout. BONUS A/C & HRV Built-In. Included with 240V, 60A EV-Ready & Built-In Cameras for Security. Comes with two 2 Bedrooms Suits, Separate Entrance as a Mortgage Helper. Call Now to Book a Tour! (id:48205)

9 Bedroom 9 Bathroom 6036
For sale Open House
$2,769,000
15441 85A AVENUE, surrey, British Columbia

15441 85a Avenue

Surrey, British Columbia

This custom-built smart home in Fleetwood spans over 6100+ sq ft across 3 stories, featuring 9 bedrooms, 9 baths, radial heating, A/C with backup generator, and luxurious fixtures. The main floor offers a spacious gourmet kitchen, while the top floor boasts 5 bedrooms including 3 master suites. Additionally, it includes a one-bedroom legal suite and a two-bedroom unauthorized suite in the basement, along with a home theatre. Situated in a quiet neighborhood, it epitomizes modern luxury living with excellent finishing throughout. Open House Sun Apr 28 3-5pm (id:48205)

9 Bedroom 9 Bathroom 6100
For sale
$2,699,999
7275 145A STREET, surrey, British Columbia

7275 145a Street

Surrey, British Columbia

OWN THIS IMPRESSIVE GRAND RESIDENCE in the Heart of Chimney Hills. This Custom Home Boasts 5,600 sqft Including 10 BEDS / 9 BATHS Amongst 3 Levels with A/C and Radiant Heating Throughout!! Sitting on a large 7,600 sqft Lot, with THREE MORTGAGE HELPERS (1+2+3) Generating 6200/PER MONTH!! Your Main Floor Features an Office, a Spacious Living/Dining Area Along with a Spice & Gourmet Entertainers Kitchen with a Top of the Line S/S Appliance Package! FOUR Ensuites on the Top Floor & TWO Primary Bedrooms Accompanied by Spa-Like Bathrooms. Enjoy Your Indoor & Outdoor Living Experience with TWO Vast Sized Decks & Backyard w/BACK LANE Access! Only Minutes Away From Transit and Schools. A MUST SEE for Anyone that is in the Market for a LUXURIOUS Home. CALL TODAY to Book Your PRIVATE SHOWING!! (id:48205)

10 Bedroom 9 Bathroom 5665
For sale Open House
$2,699,000
16601 BELL ROAD, surrey, British Columbia

16601 Bell Road

Surrey, British Columbia

Rare Dreamstar Home...Located in West Cloverdale Bell Road. This beautiful 5400sqft 3 level home sits on a 6000sqft. Master on main, Plenty of Room for the whole family! This 2 story w/basement and DOUBLE CAR GARAGE ,9 bedrooms and 8 bathrooms, 4 KITCHENS of space in a quiet neighborhood,2 Master bedrooms on main ! This LUXURY home includes HIGH END appliances and spice kitchen, SPACIOUS living and dining room which are PERFECT FOR ENTERTAINING, large back yard for outdoor parties. This home is also located in desirable and has one of the largest corner lots in the area. this home has radiant floor heating as well as air condition with heat pump. Everything about this house is a WOW! (id:48205)

8 Bedroom 7 Bathroom 5458
For sale
$2,699,000
15661 76A AVENUE, surrey, British Columbia

15661 76a Avenue

Surrey, British Columbia

Welcome to this extraordinary residence nestled on an expansive lot of almost 11,000 square feet in the highly sought-after Fleetwood neighbourhood. Custom built home centrally located close to shopping, schools, parks and all major transportation routes. This home boasts a bright and open main floor which includes your dream kitchen along with a wok kitchen, office and bonus primary bedroom with full washroom on the main. The upper floor consists of your primary retreat along with 3 other large bedrooms. The basement features a media room and 2+1 mortgage helpers. Huge lot allows for tons of parking with potential for coach house or garden suite under the new provincial Small-Scale Multi Unit Housing initiatives. Please check with City of Surrey for any potential for additional units. (id:48205)

8 Bedroom 8 Bathroom 6320
For sale
$2,688,888
7620 144A STREET, surrey, British Columbia

7620 144a Street

Surrey, British Columbia

LUXURY HOME, Brand new and custom built with 2 basement suites! 8 bedrooms & 8 bathrooms. Stunning modern exterior on a massive 7200sq ft lot. Beautiful, bright and spacious interior with modern touches and quality finishing. Main floor has a open concept which includes a living room, dining room and a extra master bedroom on the main floor which includes a full washroom and walk in closet, followed by a spacious kitchen and spice kitchen along with a oversized family room, made perfectly to entertain guests! Upper level has amazing views from master bedroom sun deck and a conveniently located laundry room. Luxurious family room with two mortgage helpers. 2+1 basement suites. Includes a bonus theatre room and a full bar! (id:48205)

8 Bedroom 8 Bathroom 5524
For sale
$2,680,000
320 192 STREET, surrey, British Columbia

320 192 Street

Surrey, British Columbia

COUNTRY QUIET CITY CLOSE, Enjoy the best of country living at Ellenbrook Estates, a country neighbourhood in the Hazelmere area of South Surrey! 5 ACRES of serenity and offers a spacious 2100 square foot rancher ready for your updating ideas. 3 bedroom, 3 baths, family room and an XL rec room/games room, double garage, lots parking, barn and outbuildings. Enjoy the solitude and country setting, tranquil backyard and Jenkins Creek for your relaxation. The community is peaceful and private, just minutes away from Hwy 15, 99 and easy access to major routes to Vancouver, US border, and Langley. (id:48205)

3 Bedroom 3 Bathroom 2100
For sale Open House
$2,678,888
18618 57 AVENUE, surrey, British Columbia

18618 57 Avenue

Surrey, British Columbia

Step into luxury living with this stunning 10-BEDROOM HOME spanning 6300sqft across three levels on a generous 7481 sqft lot! From radiant floor heating to high-end appliances, this custom-built masterpiece offers comfort and convenience at every turn. The home includes a BEDROOM on the MAIN FLOOR with a full bathroom, a sprawling THEATRE ROOM & BAR, and 2+2 BASEMENT SUITES for GREAT RENTAL INCOME. Upstairs, discover 5 bedrooms and a spacious sitting area/loft. With impeccable finishes, a tiled balcony for outdoor entertaining, and a layout designed for your family's dream lifestyle, this residence is a rare gem that checks all the boxes. Come and see it today! OPEN HOUSE SUNDAY APRIL 21, 2-4PM (id:48205)

10 Bedroom 8 Bathroom 6293
For sale
$2,600,000
6949 150 STREET, surrey, British Columbia

6949 150 Street

Surrey, British Columbia

Come see this beautiful home located in Newton. This home features 9 bedrooms, 9 washrooms and offers approximately 5,478 sqft of living space on over a 6,000 sqft lot! You are welcomed into a big foyer along with a spacious living and dining room. Custom built spice kitchen and a massive kitchen that over looks the spacious family room with big windows. The main floor also features a big bedroom with an ensuite. Upstairs features 4 bedrooms each with their own ensuite's and walk-in closets! Upstairs also features a laundry. The basement features a 2 bedroom legal suite and one bedroom suite! This home is centrally located, close to all major routes and local amenities.Hurry before It's Gone!!! (id:48205)

8 Bedroom 8 Bathroom 5478
For sale Open House
$2,599,999
19045 61A AVENUE, surrey, British Columbia

19045 61a Avenue

Surrey, British Columbia

Nestled in the heart of Cloverdale, this custom-built two-story with basement home represents the pinnacle of family living. This residence exudes charm and sophistication on a sprawling 6700 SF+ lot, boasting a north-facing backyard. Step inside to discover a seamless open-concept design on the main floor, featuring a formal living room, and an inviting great room anchored by a magnificent floor-to-ceiling fireplace. The chef's kitchen stands ready for culinary adventures, complete with a generous island and the option for an additional WOK kitchen. Upstairs, indulge in the luxurious primary suite with its spa-like ensuite, complemented by three additional spacious bedrooms. Walking distance to East View Park. School catchments: Latimer Road Elementary & Clayton Heights Secondary (id:48205)

7 Bedroom 9 Bathroom 5450
For sale
$2,549,900
7756 155 STREET, surrey, British Columbia

7756 155 Street

Surrey, British Columbia

This luxurious CUSTOM BUILT EXECUTIVE HOME in FLEETWOOD is a 10/10. This family home offers ~ 6000 sqft living on three SPACIOUS levels. Featuring 9 bedrooms and 7 bathrooms the main level has a great living space with a CHEF inspired kitchen, with a massive ISLAND premium appliances, spacious spice kitchen. You also have a bedroom w/ensuite on the main floor as well as a 14' x14' office/rec room. Custom MILLWORK through the home. Upstairs 4 large bedrooms all with ensuites. Master bedroom has a SPA LIKE ENSUITE and a walkout balcony. Basement has a two bedroom legal suite (with option of adding another 2 bed suite) plus a rec room. Good sized yard great for ENTERTAINING and for kids to play in. Oversized DRIVEWAY with 7 car parking.  Walking distances to schools. YOUR SEARCH STOPS HERE. (id:48205)

9 Bedroom 7 Bathroom 5836
For sale
$2,500,000
15074 88 AVENUE, surrey, British Columbia

15074 88 Avenue

Surrey, British Columbia

Introducing the essence of redevelopment in Fleetwood under Transit Oriented development areas class of land Tier-3, density (floor space area) 3.0, possible up to 8-story building. property situated inside 800 metre tier of 152st passenger rail station.Neighbour 6 lot consolidated 15004, 15012, 15024, 15036, 15044 & 15052 88 ave. Check with the city of Surrey. (id:48205)

5 Bedroom 2 Bathroom 1968
For sale
$2,500,000
15052 88 AVENUE, surrey, British Columbia

15052 88 Avenue

Surrey, British Columbia

Introducing the essence of redevelopment in Fleetwood under Transit Oriented Development areas class of land Tier-3, density(floor space area)3.0, possible up to 8-story building. property situated inside the 800 metre tier of 152 St passenger rail station. 6 lot consolidated 15004, 15012, 15024, 15036, 15044 & 15052 88 ave. Check with the city of Surrey. (id:48205)

6 Bedroom 3 Bathroom 2060
For sale
$2,500,000
15004 88 AVENUE, surrey, British Columbia

15004 88 Avenue

Surrey, British Columbia

Introducing the essence of redevelopment in Fleetwood under Transit Oriented Development areas class of land Tier-3, density(floor space area)3.0, possible up to 8-story building. property situated inside the 800 metre tier of 152 St passenger rail station. 6 lot consolidated 15004, 15012, 15024, 15036, 15044 & 15052 88 ave. Check with the city of Surrey. (id:48205)

5 Bedroom 2 Bathroom 1920
For sale
$2,500,000
15024 88 AVENUE, surrey, British Columbia

15024 88 Avenue

Surrey, British Columbia

Introducing the essence of redevelopment in Fleetwood under Transit Oriented development areas class of land Tier-3, density (floor space area) 3.0, possible up to 8-story building property situated inside 800 metre tier of 152 St. passenger rail station. Land Assembly. Call for more details. (id:48205)

5 Bedroom 3 Bathroom 1958
For sale
$2,500,000
15012 88 AVENUE, surrey, British Columbia

15012 88 Avenue

Surrey, British Columbia

Introducing the essence of redevelopment in Fleetwood under Transit Oriented development areas class of land Tier-3, density (floor space area) 3.0, possible up to 8-story building property situated inside 800 metre tier of 152 St. passenger rail station. Land Assembly. Call for more details. (id:48205)

4 Bedroom 3 Bathroom 1920
For sale
$2,500,000
15036 88 AVENUE, surrey, British Columbia

15036 88 Avenue

Surrey, British Columbia

Introducing the essence of redevelopment in Fleetwood under Transit Oriented development areas class of land Tier-3, density (floor space area) 3.0, possible up to 8-story building property situated inside 800 metre tier of 152 St. passenger rail station. Land Assembly. Call for more details. (id:48205)

5 Bedroom 2 Bathroom 1920
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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