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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
$2,369,900
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 sqft
For sale Open House
$2,350,000
9965 173B STREET, surrey, British Columbia

9965 173b Street

Surrey, British Columbia

Brand new custom-built house offering 9 bedrooms and 8 bathrooms in Fraser Heights! The main floor welcomes you to a very spacious living, dining, family room, designer gourmet kitchen, spice kitchen, a master bedroom with its own ensuite plus a powder room. The upper floor has very spacious two master bedrooms with their own ensuites plus very good sized two extra bedrooms with a shared bath and a spacious laundry room. The basement level has a good-sized rec room along with a wet bar, a powder bathroom, and two great mortgage helpers. This house comes with luxury-brand Bosch appliances on the main floor, central AC, security cameras, and much more! Come check out your dream home!! Open house on Sun, Mar. 24th from 2PM - 4PM. (id:48205)

9 Bedroom 8 Bathroom 4830 sqft
For sale
$2,349,999
14748 55A AVENUE, surrey, British Columbia

14748 55a Avenue

Surrey, British Columbia

Live, rent or hold to build your dream house on the almost 30000 Sqft lot in a quite Cul-D-Sac. The house offer living, dinning, kitchen, family room and den of the main floor. Top floor has 4 bedrooms and 2 bathrooms. Large 2 bedroom suite with separate entry. Large wrap around deck to host summer B-B-Q parties. (id:48205)

6 Bedroom 4 Bathroom 3220 sqft
For sale Open House
$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 sqft
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 m2
For sale
$2,299,900
6284 146 STREET, surrey, British Columbia

6284 146 Street

Surrey, British Columbia

This home offers open design layout with top-floor featuring 4 bedrooms with four ensuite bathrooms. Enjoy one bedroom with attached bathroom, half bathroom, open kitchen, spice kitchen with quartz countertops on main level.Radiant heating, high-end finishing work, and a theatre room with a half bathroom downstairs enhance the appeal. Two rental suites (2+1) in the basement provide income potential. Located near schools, with Goldstone Elementary across the street and Sullivan Heights Secondary nearby. (id:48205)

8 Bedroom 9 Bathroom 5007 sqft
For sale
$2,299,800
14905 76A AVENUE, surrey, British Columbia

14905 76a Avenue

Surrey, British Columbia

FIRST TIME ON THE MARKET. This custom built 9 bedrooms, gorgeous home nested on a quiet street has a big almost 8700 sq. ft. all fenced yard. This 5494 sq. ft. house features open concept with coverd huge porch, high ceiling in the foyer, 2 storey OPEN family room with gas F/P, Granite cntr. tops in the main kitchen and formal dining room. Spice kitchen has huge Pantry and another extra 2 pce. washroom in the Mudroom. washtooms, 3 Jacuzies, 3 Gas fire places, Master Bedroom has 3 way gas F/P , Coverd patio with gas f/p for cozy settings. Front and back yard is coverd with hassel free Arificial Grass. Very private back yard besides the Golf course. Two bedroom suites each side in the bsmt. A must see. (id:48205)

9 Bedroom 7 Bathroom 5494 sqft
For sale
$2,298,600
19109 84 AVENUE, surrey, British Columbia

19109 84 Avenue

Surrey, British Columbia

LISTED NEARLY $550,000 BELOW ASSESSED VALUE! Expansive 3 acre property with lots of potential in North Surrey. Excellent storage building that could accommodate large vehicles. Over 500 feet of FRONTAGE on a dead end road. The home has income potential if the basement was used as a suite. Currently zoned A-1 with Suburban use in the community plan with future development potential and can permit 2 commercial vehicle parking (verify with zoning rules). This property is NOT IN THE ALR. Either renovate the current home or build your dream home, the opportunities are endless. Court ordered sale. (id:48205)

5 Bedroom 3 Bathroom 4874 sqft
For sale
$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 sqft
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 sqft
For sale
$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 sqft
For sale
$2,249,000
7759 157 STREET, surrey, British Columbia

7759 157 Street

Surrey, British Columbia

Welcome Home to Modern Elegance in Fleetwood! Discover the epitome of contemporary living in this stunning 6-bedroom, 5-bath residence,5000 sq. ft. lot. Boasting a wealth of desirable features, this home is sure to captivate your heart.6 Beds, 5 Baths - Space for the Whole Family! Double Car Garage + Extra Parking- Luxurious Finishes - Walnut Silestone, Accent Lighting & More!Cozy Fireplace - Perfect for Relaxing Evenings! Chef-Inspired Kitchen- Where Culinary Dreams Come True! Media Room-Built-In Speakers - Elevate Your Audio- Make Memories. Neighbourhood,Elementary and high schools, golf courses, public transit, and shopping centers are all within easy reach. Plus, indulge in the beauty of nature with amazing trails and parks just a short walk away. Crafted to the Highest Standard. (id:48205)

6 Bedroom 5 Bathroom 3825 sqft
For sale
$2,199,900
18135 58 AVENUE, surrey, British Columbia

18135 58 Avenue

Surrey, British Columbia

VIEW VIEW VIEW! Absolutely stunning 2 storey w/basement on the Cloverdale hilltop! 4,155 sq ft, 5 bedrooms, 3.5 baths. Renovations include stainless appliances w/gas stove, quartz counters, new fixtures, bathrooms, hot water tank, crown, wainscoting, hardwood floors & more. Bright & open main floor layout w/lots of windows to enjoy the view & wrap around patio! 3 bdrms up incl. primary bedroom with patio & panoramic views west over Cloverdale towards the Gulf Islands. Sloping lot provides a daylight walkout basement with 2 more bdrms, rec/media room + separate entrance. Gated rear yard w/detached double garage, EV charger, meticulously cared for & landscaped with fig tree, wisteria, pergola covered eating area. Great central location. Don't miss this one! (id:48205)

5 Bedroom 4 Bathroom 4155 sqft
For sale Open House
$2,199,000
5839 185A STREET, surrey, British Columbia

5839 185a Street

Surrey, British Columbia

Welcome to this stunning BRAND NEW 4200+ sq ft detached home in Cloverdale. Featuring 7 beds and 6 baths, this new home boasts high-end finishes, an open layout, radiant heating and 2 basements. Close to amenities like schools, public transit, and shopping, this home is the perfect space for a growing family or entertaining guests. The home comes with a 2/5/10 warranty. Don't miss the chance to own the beautiful home-contact today for a viewing! OPEN HOUSE Saturday March 30th 2-4PM and Sunday March 31st 2-4PM. (id:48205)

7 Bedroom 6 Bathroom 4200 sqft
For sale
$2,188,000
7739 157 STREET, surrey, British Columbia

7739 157 Street

Surrey, British Columbia

Nestled in a prestigious neighborhood on a quiet street by Fleetwood Park, this stunning 6-bedroom executive residence boasts elegance, functionality, and versatility. Here's why you'll fall in love with this remarkable property: Spacious Great Room Plan: Entertain in style with a thoughtfully designed open-concept layout. The great room is the heart of the home, offering ample space for gatherings and relaxation. Abundance of Natural Light: Sunlight floods through expansive windows, illuminating every corner of the home. Enjoy a bright and inviting atmosphere throughout the day. Six Bedrooms: Perfect for large families or those who love hosting guests, this home features six generously sized bedrooms, each offering comfort, privacy, and ample storage space. Two-Bedroom Legal Suite: Enhance your lifestyle with the added convenience and income potential of a fully equipped legal suite. Ideal for extended family members, tenants, or as a mortgage helper. Situated across from Fleetwood Park and close to schools. (id:48205)

6 Bedroom 6 Bathroom 4091 sqft
For sale
$2,185,000
14695 72 AVENUE, surrey, British Columbia

14695 72 Avenue

Surrey, British Columbia

6000+ sq ft lot on 72 Ave!!! Well kept & clean house in Chimney Heights with 6 bedrooms and 5 bathrooms.4 bedrooms up with 2.5 bathrooms above. 2 bedroom suite fully renovated in 2021. 2020 new kitchen with granite counter tops. Gated backyard with a built deck to enjoy the summer weather. Zero maintenance landscaping with artificial turf in the front & back yard. Chimney Hill Elementary School and shopping center nearby. (id:48205)

6 Bedroom 5 Bathroom 3282 sqft
For sale
$2,168,800
8325 150 STREET, surrey, British Columbia

8325 150 Street

Surrey, British Columbia

Build your dream home now or hold for future redevelopment potential 2 lots. Current house has been mechanically well maintained with a bit cosmetic upgrades. Large work shop and ample of parking for car collectors and room for R.V. Very quiet family neighbourhood. 4 bedroom 3 bath, kitchen with stainless steel appliances and large living room. Solarium on main floor, manicured landscaped garden and a large sun deck in the back to host summer B-B-Q parties. The property sits on a 16440 Sqft lot central located. Walking distance to Enver Creek Secondary, Maple Green Elementary Schoo, parks, restaurants, golf course and shopping. Call the listing agent to schedule a private viewing! (id:48205)

4 Bedroom 3 Bathroom 3860 sqft
For sale
$2,149,000
6149 175B STREET, surrey, British Columbia

6149 175b Street

Surrey, British Columbia

Beautiful Custom Built Home on a Large 8991 sq.ft Lot in CLOVERDALE with a 15 Plus Car Parking. There is 4450 sq.ft of living space on 2 floors. Home has 7 bedrooms & 6 full Washrooms. You are welcomed with high ceiling Living & dining room with a Office/bedroom with full washroom on the main floor. A large Kitchen & Spice kitchen as a bonus adjoining with Huge family room great for gatherings. Top Floor has five large size bedroom with walk-in closets & 4 washrooms.There is a 2 bedroom side suite which is currently rented. Gated front & back lane yard with 15 plus car parking. Very centrally located, close to Cloverdale Rec centre, shopping and highway! Don't Miss it. (id:48205)

7 Bedroom 6 Bathroom 4450 sqft
For sale
$2,105,000
18913 54A AVENUE, surrey, British Columbia

18913 54a Avenue

Surrey, British Columbia

This well laid out 'Showhome' outshines all homes in the neighborhood. Words can't fully describe and justify the beautiful Decor and Artistic work done to the presentation of this home. Please see all the available photos of this home. The likes of Home & Gdn Magazine. Uniquely designed & Decor with European flavors. Designed and built for large and extended family. Main house features 5 spacious bedrooms (3 masters with full luxurious ensuites) includes master bedroom on main floor. Basement is fully finished with media room and 1-1 bedroom unauthorized suites. Main house features grand entry staircase, heated marble floors, lots of moldings and detail, spice/wok kitchen, granite counters, S/S appliances and more. Book a showing!!! (id:48205)

8 Bedroom 8 Bathroom 4886 sqft
For sale Open House
$2,099,999
16763 15 AVENUE, surrey, British Columbia

16763 15 Avenue

Surrey, British Columbia

Welcome to 16763 15 Ave South Surrey! Custom-built home with 9 bedrooms and 7 bathrooms situated on a 4900 sqft lot. The main level features spacious living and dining rooms with an open-concept kitchen and custom walls overlooking the patio. The upper level has 4 generous bedrooms and 3 full bathrooms. The house comes with two suites!(2+1) The lower level has a game room, theatre room and a mortgage helper. The area is great for families and investment. Many spots for parking and a spacious garage. The home has a new camera security system and is close to shopping centres, golf courses, recreation, parks and the beach! (id:48205)

9 Bedroom 6 Bathroom 4525 sqft
For sale
$2,099,999
18044 40 AVENUE, surrey, British Columbia

18044 40 Avenue

Surrey, British Columbia

1.5 Acres in a prime location with a 3-bedroom rancher available. This property is A-1 zoning, with fertile soil for farming and the perfect location to move in or build your dream home with a south facing back yard and beautiful mountain views. This property is close to schools, transportation, restaurants and shops in Morgan Creek. Easy access to Highway 15 and the Border. 3 trucks can be parked, but due diligence is a must from City. (id:48205)

3 Bedroom 2 Bathroom 1066 sqft
For sale
$2,099,988
16685 15A AVENUE, surrey, British Columbia

16685 15a Avenue

Surrey, British Columbia

Stunning 3-level home in the beautiful Pacific Douglas neighborhood. This superior 4000+ sqft home boasts of a luxurious master suite that comes with a beautiful ensuite. Upstairs boasts of 4 spacious bedrooms with 3 bathrooms. Main floor showcases a bright & spacious formal living and dining areas, chef inspired kitchen & Spice kitchen & mud room. Lower level includes an entertainment room, a 2 bedroom authorized suite & potential for a 1 bedroom suite. Mins to shopping, restaurants, golf course, Grandview Aquatic Centre, White Rock Beach! Truly a MUST SEE! (id:48205)

6 Bedroom 7 Bathroom 4011 sqft
For sale Open House
$2,099,000
8682 152 STREET, surrey, British Columbia

8682 152 Street

Surrey, British Columbia

Custom built home is conveniently located in the high demanding area of Fleetwood. House features 5 bed and 6 bath, spice kitchen, air conditioner, built in vacuum. House contains 2 mortgage helpers. A quality workmanship throughout the house.Close to shopping, bus, and future skytrain station. Measurements to be verified by buyer or buyer's agent. House is not facing towards 152 Street. Open House Saturday March 9th, 1-4 pm. (id:48205)

5 Bedroom 6 Bathroom 3751 sqft
For sale
$2,088,800
6998 149 STREET, surrey, British Columbia

6998 149 Street

Surrey, British Columbia

Presenting this meticulously maintained home, boasting two story plus a basement sitting on a beautiful 5386 sq ft corner lot. The main floor features elegant tile flooring throughout, a convenient primary bedroom with ensuite, spice kitchen, custom millwork, kitchen island, stainless steel appliances, and a newly built sunroom. Upstairs, discover five spacious bedrooms, including a luxurious primary bedroom with a spa-like bathroom. Basement had 2+1 Suites. Enjoy the nearby park, TE Scott Elementary, shopping, Gurdwara Sahib, and public transportation. Don't miss out - schedule your private showing today! (id:48205)

9 Bedroom 8 Bathroom 4358 sqft
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About The City of

Cloverdale

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

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

Neighborhoods in

Cloverdale

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

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

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

  • Claude Harvie

  • West Cloverdale North
  • Bose Forest Area

  • AJ McLellan Park

  • Guy Richardson Park

Amenities in

Cloverdale

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

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

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

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

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

Cloverdale Elementary Schools:

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

Cloverdale Secondary Schools:

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

Private Schools in Cloverdale:

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

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

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

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

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

Economic Stats for

Cloverdale

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

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

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

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

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

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

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

CLOVERDALE CONDOS

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

CLOVERDALE TOWNHOMES

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

CLOVERDALE DETACHED HOMES

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

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

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

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

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

Rental Potential in

Cloverdale

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

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

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

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

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

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

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

Estimated Monthly Rents:

1 Bedroom – $1,150 – $1,400 per month

2 Bedroom – $1,700 – $1,900 per month

3 Bedroom – $2,200 – $3,400 per month