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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
$2,500,000
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
For sale
$2,500,000
15044 88 AVENUE, surrey, British Columbia

15044 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 1928
For sale
$2,500,000
17365 60 AVENUE, surrey, British Columbia

17365 60 Avenue

Surrey, British Columbia

1st time on the market. Classic design and beautifully maintained charming home is situated on a substantial 112 x 190 Ft subdividable lot, blending spacious indoor living with generous outdoor space. Main floor features huge living room with a fireplace, spacious kitchen, dining area, 1 bedroom and a full bath. Upstairs offers three large bedrooms and a den. Full basement includes recreation room, a hobby room, laundry room, workshop and plenty of storage space. A large backyard for family gatherings, outdoor enjoyment and play. Covered patio area and a detached double garage at the back. Close to transit, schools, shopping, Hwy 10 and 176th Street. (id:48205)

4 Bedroom 4 Bathroom 3416
For sale
$2,499,777
17794 60 AVENUE, surrey, British Columbia

17794 60 Avenue

Surrey, British Columbia

Excellent Opportunity to own this Future Development property located across from Greenaway Outdoor Pool & Elements Casino. Cloverdale Town Center Plants call for Semi-Detached Residential(23 UPA) This Sold home has 5 bedrooms 3 baths. Beautiful Open concept Living room, Dining room area. Bright and spacious 2 bedroom suite on main. Nice backyard. Lots of parking. Close to Lord Tweedsmuir High School, Marth Currie Elementary, George Greenaway Elementary, The Cloverdale Millennium Amphitheatre park and is within walking distance to all the other amenities. Easy access to freeway and right on bus route. Call for more info. (id:48205)

5 Bedroom 3 Bathroom 3080
For sale Open House
$2,498,000
5752 173 STREET, surrey, British Columbia

5752 173 Street

Surrey, British Columbia

Discover this exquisite residence in the prestigious West Cloverdale neighbourhood. This custom-built home graces an expansive 8000+ sqft lot, showcasing a modern design with premium finishes. The main level features generously proportioned living spaces and is an entertainer's dream blending both style & functionality. The Chef's kitchen features premium appliances with a prep kitchen and is the ultimate space to host friends & family. The second level features a gorgeous primary bedroom with spa-inspired ensuite. Each room adorned with elegant crown moulding and woodwork. A second primary suite is also located on the upper level. Bonus: property includes a convenient 2-bedroom suite. Features a generous upper level terrace & spacious backyard + bbq lounge. Open House Sunday, April 21st from 2PM to 4PM. (id:48205)

7 Bedroom 8 Bathroom 4248
For sale
$2,496,000
7608 144A STREET, surrey, British Columbia

7608 144a Street

Surrey, British Columbia

MEGA home in the heart of Newton with 5000 SqFt of living space. The open-concept home features high ceilings. The main floor has two seating spaces, a gourmet kitchen with a large island and wok kitchen, a dining room, a master bedroom and a den. The upstairs offers 4 large bedrooms. From the primary bedroom look out to the mountains, city and valley views. This home comes with two basement suites, 2-bedroom and 1-bedroom, for mortgage help. Enjoy a beautiful backyard on your covered patio or look at the AMAZING view from your front patio. Plenty of parking is available. Walking distance to transit and all levels of school. Close to the Highway, recreation, and shopping. Don't miss your chance at this AWESOME home. Call today to book your private showing! (id:48205)

8 Bedroom 7 Bathroom 4917
For sale
$2,449,999
7548 149 STREET, surrey, British Columbia

7548 149 Street

Surrey, British Columbia

Don't miss this. Gorgeous over 5528 sqft built house well maintained with 10 bedrooms and 7 bathrooms, luxury kitchen, granite countertops, maple cabinets, stainless steel appliances, work kitchen, 1/2 acre gross density (11800sqft) lot, office and one bedroom with bathroom on the main floor, stucco and stone exterior, tile roof, semi circular driveway, L shape large deck excellent for entertaining. In the best part of East Newton. Close to shipping, Golf course, rec-centre, schools. Priced to sell. (id:48205)

10 Bedroom 7 Bathroom 5528
For sale
$2,424,888
5333 188A STREET, surrey, British Columbia

5333 188a Street

Surrey, British Columbia

Delighted to announce the availability of meticulously renovated residence! has undergone a comprehensive renovation, ensuring it meets the highest standards of modern living. Enjoy spacious living areas, premium finishes and thoughtfully designed interiors throughout. This remarkable residence boasts 11 bedrooms, 7 bathrooms, and an array of recent upgrades with levels of luxury and functionality. Revel in the elegance of brand-new flooring throughout, new chandeliers all along, high ceiling, new paint, quartz countertops, master bedroom on main floor. Discover the convenience of a dedicated spice kitchen, Benefit from the added flexibility of two basements, each featuring 3 bedrooms and offering good rental income opportunity, Don't miss the chance to make this your dream home! (id:48205)

11 Bedroom 7 Bathroom 5023
For sale Open House
$2,400,000
18555 56A AVENUE, surrey, British Columbia

18555 56a Avenue

Surrey, British Columbia

Luxury at its finest stunning custom-built home in popular Cloverdale. This 5151 sq ft 3 level home on a 6479 sq ft lot offers the best of all worlds with a convenient location, quiet neighbourhood and 2 suites (2+1) with separate laundry for excellent mortgage helpers. Entertainer's delight, with a bright and open main level & custom millwork throughout. Step into the sleek kitchen fitted with Bosch appliances and a spice kitchen perfect for family gatherings. 4 bedrooms up with luxurious ensuites and den, plus bonus Primary bedroom and office on main! This home has it all AC, Radiant Heat, HRV, Security system, steam shower, media room & so much more. Close to schools, parks, future new hospital and transit. Call today!Open House from 2:00 to 4:00 Sat & Sunday. (id:48205)

8 Bedroom 8 Bathroom 5151
For sale
$2,400,000
6302 181A AVENUE, surrey, British Columbia

6302 181a Avenue

Surrey, British Columbia

Luxury with this Brand-New over 8000 sq ft lot, 7-bed, 7-bath 4200 Sq Ft + built home. Discover the pinnacle of sophisticated living in Cloverdale. Turn your dream home in Reality. High Ceiling, Grand Entry The Open-concept main floor is perfect for entertaining, featuring a great room, chef's kitchen, and a convenient spice kitchen. Radiant in-floor heating adds comfort throughout, Central Air Condition, Security Camera's, Upstairs 4 beds and 4 baths offer spacious living + Huge Private Deck (480 Sq Ft). The Main Floor Boasts a 2-bedroom legal suite and a 1-bedroom suite. Home has stainless steel appliances throughout and 3 laundries. (id:48205)

7 Bedroom 7 Bathroom 4136
For sale
$2,399,999
5634 146A STREET, surrey, British Columbia

5634 146a Street

Surrey, British Columbia

RQ Lot Subdivision potential! Immaculate house on a park like half acre in Sullivan Station, with development potential! This home has 3 bedrooms upstairs and 3 bathrooms. Major renovations done in 2020 including new roof, paint, skylights, siding and more! Open concept kitchen and lots of windows and skylights let in abundant natural light. Other updates include windows, french doors, and HW tank replaced over the years. Close to schools, transit, shopping, highways and all amenities. This property has a fully landscaped garden and a huge detached shop for year round use and enjoyment. New Furnace with AC rough in. Whole street is lined with development applications and new houses. Live in now and build your equity for retirement or develop right away! (id:48205)

3 Bedroom 3 Bathroom 2058
For sale
$2,399,990
15017 73A AVENUE, surrey, British Columbia

15017 73a Avenue

Surrey, British Columbia

RARE FIND: Fantastic opportunity in prestigious Chimney Hills! Custom built renovated 7 bedroom home with over 4300SF of living area with office on the main floor situated on a 14,000+SF lot in a quiet residential cul-de-sac. Main floor living surrounds you with a wall of windows allowing abundant natural light to flow into the home with huge balcony. Large renovated kitchen with ample storage, counter space and big island. Upstairs you will find 4 oversized bedrooms - Large master with WIC and 4pc ensuite w/incredible Mt. Baker Views. Two fully finished walk out basement suites as a Mortgage Helper - 2 bedroom suite and 1 bedroom suite (potential to add one extra bedroom) and 3 car garage with workshop. (id:48205)

7 Bedroom 5 Bathroom 4361
For sale
$2,399,900
18764 62A AVENUE, surrey, British Columbia

18764 62a Avenue

Surrey, British Columbia

Brand New Home and beautifully designed 8 bedroom and 9 bathroom in the quite neighbourhood of Cloverdale, Close to the upcoming skytrain route. This Home features an elegant open floor plan with a Spacious Living and Dining room, Open Kitchen equipped with high-end appliances, SPICY Kitchen for all of your spicy cooking, and a master Bedroom on the main Floor. Upstairs features 4 Master bedrooms and walk-in-closets, and a Laundry room. Basement features 2+1 bedroom suites, and a HUGE Rec room, and Wet bar. Very convenient LOCATION, close to schools, parks, shopping, restaurants, and easy access to major routes. Don't miss out on this BEAUTIFUL HOME!!! (id:48205)

8 Bedroom 8 Bathroom 4686
For sale
$2,399,000
14536 83 AVENUE, surrey, British Columbia

14536 83 Avenue

Surrey, British Columbia

Beautiful 8 bedroom & 7 bathroom home in the heart of Enver Creek! This home is a corner lot sitting on approx 8000 sqft lot. This stunning home boasts an elegant and open layout perfect for any family! The home features over 5000 sqft of living space with 4 large bedrooms and a den with a window which is large enough to be a 5th bedroom on the main floor, along with 5 bathrooms for personal use! The main floor features an elaborate living room and dining room for entertaining guests while also maintaining a cozy and family oriented kitchen and family room. The main floor also features a full bathroom and a half bathroom with a large den/bedroom and a spice kitchen. The downstairs features 2+2 bedroom suites as great mortgage helpers! The home has a double garage with a 4-6 car driveway! (id:48205)

8 Bedroom 7 Bathroom 5070
For sale Open House
$2,395,000
5536 188 STREET, surrey, British Columbia

5536 188 Street

Surrey, British Columbia

Stunning home with 8 bedrooms and 8 bathrooms. Fine craftsmanship and attention to detail displayed throughout the home with an open and spacious foyer, feature walls and engineered hardwood flooring. High ceilings on all floors creating a spacious atmosphere! The main floor offers a gourmet-kitchen and a wok kitchen, as well as a spacious family room that leads to a large deck, perfect for entertaining your guests! Two large master bedrooms on the top floor and one master on the main floor. 2+1 Mortgage helper on the basement level brining in additional rental income along with a large theater room and wet bar. CENTRAL LOCATION TO ALL MAJOR HIGHWAY ROUTES, SHOPPING AND RESTAURANTS. Call to book your showing today!!!! (id:48205)

8 Bedroom 8 Bathroom 5128
For sale
$2,388,000
16320 27A AVENUE, surrey, British Columbia

16320 27a Avenue

Surrey, British Columbia

Beautiful Morgan Heights home! 3 fully finished levels with nice open concept, luxury living and dinning area. Gourmet chef kitchen features walnut cabinets, granite centre islands, stainless steel appliances. High ceiling, granite counters and solid hardwood floors. Master bedroom on the main floor facing south yard. Fully finished basement with wet bar, entertainment and large winery. Very functional 2 bedroom 2 bathroom suite make mortgage support. Close to school, shopping center, swimming pool & recreation. (id:48205)

5 Bedroom 5 Bathroom 4398
For sale
$2,379,300
8585 145A STREET, surrey, British Columbia

8585 145a Street

Surrey, British Columbia

This newly built 2024 Two-level home located in the Sought-after Brookside area offers modern living in Surrey, BC. Situated on a generous 8400+ square foot lot, this grand residence boasts all the contemporary amenities you could desire, including 10 feet ceiling on both floors, Huge Driveway The main floor of this impressive home features a versatile layout, highlighted by a spacious ensuite bedroom, perfect for guests or family members who prefer ground-level accommodation. Additionally, there's a 2-bedroom mortgage helper suite on the side, providing potential rental income or extra space for extended family members. Upstairs, you'll find four generously sized 4 bedrooms,3 Bathrooms offering ample space and comfort for the entire family. (id:48205)

7 Bedroom 5 Bathroom 4390
For sale
$2,369,900
18772 62A AVENUE, surrey, British Columbia

18772 62a Avenue

Surrey, British Columbia

Welcome to this brand new, exquisitely designed 8-bedroom and 9-bathroom family home located in the peaceful neighborhood of Cloverdale. Situated close to the upcoming skytrain route, this home offers not only a serene setting but also easy access to transportation. As you step inside, you'll be greeted by an elegant open floor plan the Spacious Living and Dining room, Open Kitchen equipped with high-end appliances, SPICY Kitchen for all of your spicy cooking, and a master Bedroom on the main Floor. Upstairs features 4 Master bedrooms and walk-in-closets, and a Laundry room. There are 2 separate Basements 2 bed and 1 bed for additional rental income & a HUGE Rec room with Wet bar. Very convenient LOCATION, close to schools, parks, shopping, restaurants, and easy access to major routes. (id:48205)

8 Bedroom 9 Bathroom 4569
For sale Open House
$2,369,000
15699 77B AVENUE, surrey, British Columbia

15699 77b Avenue

Surrey, British Columbia

Welcome to the Fleetwood area, a great neighbourhood. Explore a rare gem nestled in Fleetwood! This custom-built home boasts 8 bedrooms and 7 bathrooms, featuring modern finishes and spacious interiors. Equipped with top-of-the-line appliances, the main and spice kitchens are designed for culinary excellence. A main floor ensuite bedroom adds convenience, while the basement hosts a 2/3 bedrooms legal suite, media room, and wet bar. The upper level has 4-bed rooms- High ceilings grace every level, including the basement. Enjoy the serene, park-like backyard, complete with ample parking and a discreet basement entrance. Conveniently located near schools, this property offers an unparalleled opportunity for your forever home. Don't miss out! (id:48205)

8 Bedroom 7 Bathroom 4333
For sale
$2,349,000
18199 64 AVENUE, surrey, British Columbia

18199 64 Avenue

Surrey, British Columbia

Beautiful well-maintained custom home with 3 mortgage helpers and a extra large driveway. Approximately 6000 sqft of living space on over a 11,000 sqft lot! The main floor has 2 bedrooms (1 with a ensuite) perfect for elderly family. Large kitchen that over looks the family room is great for entertaining. Upstairs consists of 3 large bedrooms all with there own bathrooms and an open concept large study area. Below is two very open and generous sized basement suites (2 bed + 1 bed) as well as rec-room and bar area. There is a detached office that has a full washroom which you can also use for a bachelor suite or your home based business. Ample outdoor space with patios/balconies and parking for 10 vehicles. ** OPEN HOUSE SUNDAY MARCH 24th 2-4 ** (id:48205)

8 Bedroom 8 Bathroom 6090
For sale Open House
$2,299,995
7893 147A STREET, surrey, British Columbia

7893 147a Street

Surrey, British Columbia

Owner built customized luxury home on a corner lot 6700+ sf. The 5100+ sqft house boasts of 8 bedrooms + rec room and 8 baths with very spacious floor plan. The house has a high ceiling in entry and living room, spacious kitchen loaded with cabinets and a separate spice kitchen with its own pantry, spacious family room with a powder room. The main level also includes a master bedroom with full bath. Top floor has 4 large sized bedrooms with 4 full bathrooms. 3 bedrooms have large walk in closets. Master ensuite with standing shower and jacuzzi. 2+1 large bedroom suites in the basement. Double car garage with large driveway for 4 plus cars and there's plenty of parking on the side street. Airconditioned house with radiant heat. (id:48205)

8 Bedroom 8 Bathroom 5120
For sale Open House
$2,290,000
5950 168 STREET, surrey, British Columbia

5950 168 Street

Surrey, British Columbia

Brand new custom built high quality home located in the prestigious Cloverdale area. Elegant custom Home: 10 feet ceilings on main floor, 9 feet in the basement and ceiling on top floor, W/Total 9 BDRMS/6 WASHRMS on 4762 SF LOT with 4076 SF living space plus 418 SF Garage (EV Charging). House features: AC, HRV, radiant heat, speaker roughed in family room, security cameras/alarm, built-in vacuum and suites for GREAT MORTAGE HELP. The main floor features has a Spacious exquisite chef's kitchen with modern custom cabinetry, quartz countertops with Bosch appliances (Main kitchen), central island, a good sized primary bedroom, one full bath, laundry, formal living, dining & family room that leads to the patio to enjoy the evenings with our loved ones. (id:48205)

9 Bedroom 6 Bathroom 4076
For sale
$2,288,888
15545 58A AVENUE, surrey, British Columbia

15545 58a Avenue

Surrey, British Columbia

AMAZING 5 bedroom and 5 bathroom home on a 14,100 SqFt Lot on a quiet street in the desirable area of Sullivan Station. This 3300 SqFt home has many new upgrades including a new kitchen, bathrooms with heated floors, and air conditioning. This BEAUTIFUL home features an open concept floor plan with a master bedroom with an ensuite on the main, a master bedroom, and two other bedrooms upstairs. Enjoy your summer days in the HUGE backyard, which includes a workshop with 250 watts and a shed. Ample amounts of parking is available. This spacious home is located in a quiet neighbourhood and is a PERFECT home to raise a family. Close to all levels of school and Hwy 10. Potential to subdivide the property. Don't miss your chance on this AWESOME home. MUST SEE! (id:48205)

5 Bedroom 5 Bathroom 3364
For sale Open House
$2,260,000
18894 53A AVENUE, surrey, British Columbia

18894 53a Avenue

Surrey, British Columbia

This custom-built home sits on an 8,000+ sqft lot with over 4,400 sqft of living space on 3 levels! The home offers an open-concept floorplan, with 8 spacious bedrooms and 10 bathrooms, including mortgage helpers! Stunning craftsmanship throughout the home with gorgeous coffered ceilings, crown mouldings, stonework, custom cabinetry, and more! The main floor features a massive kitchen that flows into the family room and wrap-around sundeck, an entertainers paradise! Great views of Mount Baker and lots of privacy from the Greenbelt! (id:48205)

8 Bedroom 9 Bathroom 4450
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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