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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
$2,288,888
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
For sale Open House
$2,250,000
15458 78 AVENUE, surrey, British Columbia

15458 78 Avenue

Surrey, British Columbia

A masterpiece of well-known builder with owner's ingenuity makes this house the most gorgeous one in a prestigious in Fleetwood. This luxury custom built corner lot has exquisite interior design, Italian workmanship and high-quality materials, This craftmanship has 4 ensuite bdrms on the second floor, one bdrm on main floor, family room, dining room and a spacious lay out perfectly. The kitchen is surrounded by Top Brand cabinets and appliances. This luxury home has extensive use of high-end crystal, wood panel, wallpaper, chandeliers. Additional features up-to-date cameras and alarm. Remaining of 2-5-10 years warranty. The luxurious amenities include AC and built in vacuum & home theatre luxury Bar, it provides unparalleled comfort and entertainment. Won't last long act fast. (id:48205)

For sale
$2,250,000
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 Open House
$2,250,000
8110 148A STREET, surrey, British Columbia

8110 148a Street

Surrey, British Columbia

Stop the car! Custom 4,400+ Sq Ft 2 Storey with Basement home sitting on a 1/4 acre corner lot offering the perfect blend of privacy and family living in the sought after Morningside Estates. This home boasts 7 Bedrooms & 8 Bathrooms and features a spacious layout with the main floor having a formal living & dining area, family room, kitchen, full bedroom with bathroom and an enclosed solarium with a hot tub & seating. Upstairs there are three more large bedrooms all with walk-in closets & bathrooms and an additional bedroom. Lower level has a gym, recreation room with a bar for entertaining, sauna, & two more bedrooms with bathrooms. Updates throughout the home. Massive covered patio, oversized double garage, RV parking, and ample amounts of space outside to enjoy in the front & back! Open House Sunday, April 28th, 2-4pm. (id:48205)

7 Bedroom 8 Bathroom 4445
For sale
$2,250,000
7479 N 149A STREET, surrey, British Columbia

7479 N 149a Street

Surrey, British Columbia

Half acre irregular cul-du-sac lot. Can build your mega house or keep a beautiful bungalow with loft and partial basement. Larger than half acre in prime half acre zoned properties.Park like back yard and present owner has a 9 hole golf course in back yard. Alarmed workshop or single garage with electric panel. Can accommodate 20+ cars, Rv or bigger vehicles. Zoned as half acre. The property is rented month to month for $4000 a month. Mega dream home. Build you dream house. Hot area. Hidden Gem of Surrey. (id:48205)

3 Bedroom 3 Bathroom 3005
For sale
$2,249,998
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
For sale
$2,229,000
19109 84 AVENUE, surrey, British Columbia

19109 84 Avenue

Surrey, British Columbia

Whether you're an investor seeking substantial returns or a developer with an eye for opportunity, This property is the canvas upon which dreams are built. Take advantage of this Court-Ordered Sale to secure a property poised for growth and transformation. 3 acres of non ALR land with lots of development happening around. Worthwhile checking various potential options with the City. Liveable house and property well below Assessment value. (id:48205)

3 Bedroom 3 Bathroom 2437
For sale
$2,228,000
15443 36B AVENUE, surrey, British Columbia

15443 36b Avenue

Surrey, British Columbia

Rosemary Wynd - This is it! Thoughtfully envisioned, impeccably built & meticulously maintained craftsman-styled 5bd/3ba residence, situated in a quiet cul-de-sac on one of the area's largest lots at 6,290sf, w/ priv bkyd backing onto greenbelt. Main floor invites you into the beautifully appointed interiors w/ stunning solid oak floors & inviting lvg rm off foyer. Further in, an amazing great room w/ stylish kitchen feat; stone cntrs, quality appl's & ample storage. Adjacent eating area & fam rm w/ soaring ceilings, lead out to tranquil bkyd. BONUS bdrm also on main! Up; 4 well-sized bdrms incl lrg primary w/ elegant ensuite. Below: Impressive unfinished daylight bsmt, offering 1,409sf of add'l lvg area to complete as desired! PLUS newer furn/aircon, driveway, deck & more! Call today! (id:48205)

5 Bedroom 3 Bathroom 4062
For sale
$2,200,000
17273 58 AVENUE, surrey, British Columbia

17273 58 Avenue

Surrey, British Columbia

FOR SALE CLOVERDALE PROPERTIES . *** PLA OBTAINED ***This listing presents an opportunity to purchase lot totalling a half-acre .12000 SQFT corner lot boasts a two-story 3 bed upstairs and 2 bed downstairs home with a detached car/storage shed, along with a spacious 700 sqft wrap-around deck, with 300 sqft undercover and includes a substantial 20x30 workshop nestled beneath the deck. Lot conveniently situated near various amenities, and transit for your convenience. Measurements are approximate; buyers are advised to verify if deemed important. May be purchased with neighbouring property - 17287 58 AV MLS#R2867342 call for appointments (id:48205)

5 Bedroom 2 Bathroom 2254
For sale
$2,200,000
17287 58 AVENUE, surrey, British Columbia

17287 58 Avenue

Surrey, British Columbia

FOR SALE CLOVERDALE PROPERTIES. *** PLA OBTAINED *** This listing presents an opportunity to purchase lot totalling a half-acre, potentially yielding four lots in total. 12000 SQFT lot offers a Rancher with 3 bedrooms, living rm, family rm, kitchen, laundry rm and attached garage. And backyard includes a large 24x10 Shed. Lot is conveniently situated near various amenities,and transit for your convenience.Measurements are approximate; buyers are advised to verify if deemed important. May be purchased with neighbouring property - 17273 58 AV MLS#R2867329 call for appointments (id:48205)

3 Bedroom 1 Bathroom 1650
For sale
$2,200,000
14711 62A AVENUE, surrey, British Columbia

14711 62a Avenue

Surrey, British Columbia

Brand New 3 Level Detached home with 2 Basements(2+1) in Surrey's Sullivan Ridge New Sub Division. Main Floor Features Spacious Living/Dining rooms, Designer kitchen with Top Stainless Steel Appliances, Spice Kitchen, Family room, Full bathroom & Den which can be converted in a Bedroom. Upper Floor Features Master Bedroom with a Walk In Closet + 3 Large bedrooms and 3 washrooms & Laundry. Full house is Centrally Airconditioned and Radiant Heat. Basement you have 2 suites (2+1) that will generate great rental income Appro.$3500 a month, it comes with Stainless Steel Appliances, and both Basements have their own laundry. Also there is a Theatre Room in the Basement for Entertainment. House comes with 2-5-10 years New Home Warranty. Must See house. (id:48205)

6 Bedroom 6 Bathroom 3758
For sale
$2,199,900
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
For sale
$2,199,888
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! Pacific Academy and other schools are just a couple of minutes drive. Come check out your dream home!! (id:48205)

9 Bedroom 8 Bathroom 4830
For sale
$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! (id:48205)

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

7739 157 Street

Surrey, British Columbia

Welcome to your dream home nestled in the heart of Fleetwood! Step into luxury living with this stunning 6-bedroom residence, boasting a modern design and only 7 years young! Experience the grandeur of the great room, where soaring ceilings create an airy ambiance perfect for entertaining guests or simply unwinding with loved ones. Enjoy the serenity of your own private backyard, offering a peaceful retreat from the hustle and bustle of everyday life. Plus, this gem includes a legal 2-bedroom suite, providing both versatility and potential for extra income or multi-generational living arrangements. Conveniently located on a quiet street, you're just a short stroll away from Fleetwood Park and within walking distance to schools, ensuring the ideal blend of tranquility and accessibility for your family's needs. Don't miss out on the opportunity to make this your forever home! (id:48205)

6 Bedroom 6 Bathroom 4091
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
For sale
$2,179,000
15076 70 AVENUE, surrey, British Columbia

15076 70 Avenue

Surrey, British Columbia

Welcome to the well-loved CUSTOM home located in the Heart of Surrey. This Stunning home comes with 9 bedrooms + 8 bathrooms + media room. This house has an open concept with high ceilings giving it a modern luxurious look. A beautiful kitchen with granite countertops, SS appliances & a spice kitchen, on the main floor a huge Master bedroom with a full bath plus bedroom/den . Upstairs features 4 bedrooms & 3 bathrooms including a spacious 2 master bedrooms w/ensuite. suites(2+1) as great mortgage helpers! Licensed Salon in the garage area. central ac ,Very private paved backyard fully fenced, greenbelt at back to enjoy the privacy. Centrally located, close to all levels of schools, amenities, and public transportation. Call now to schedule your viewing. (id:48205)

9 Bedroom 8 Bathroom 5270
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
For sale
$2,149,900
2918 161B STREET, surrey, British Columbia

2918 161b Street

Surrey, British Columbia

Welcome to Morgan Heights in desirable South Surrey White Rock, distinctive single family home with one bedroom legal suite. Stunning custom built beautiful home on 4111 square feet lot, spicy kitchen with gas stove, stainless steel Jennair appliances, custom cabinets, 4 bedrooms & 3 full baths upstairs, Master bedroom with huge walk-in-closet and seated shower in luxury ensuite, mountain view from den & master bedroom, fully finished basement with one bedroom legal suite and a theatre room for upstairs use. Central Air Condition, built in vacuum, 96% high efficient furnace, on demand tankless hot water, LED lights, built in surveillance cameras, alarm system, close to schools & transit, minutes away from Grandview shopping, easy access to Hwy 99 GST not included in price, easy to show. (id:48205)

5 Bedroom 5 Bathroom 3400
For sale
$2,149,900
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
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
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
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
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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