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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 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
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
For sale Open House
$2,099,900
15541 58A AVENUE, surrey, British Columbia

15541 58a Avenue

Surrey, British Columbia

Welcome to Sullivan Station, one of Surreys most prestigious subdivisions. This beautifully maintained, 3b/4b home boasts over 3,000 SQFT of living space. Backing and siding onto green belt and tucked away in the corner of a dead end street, privacy is in abundance. An entertainer's dream home featuring large back yard w/ in ground pool, covered patio, and huge rec space above garage w/ wet bar that could also be a fantastic in-law suite. Upstairs you find large bedrooms and a master bedroom with ensuite you won't want to leave. Walking distance from both Sullivan elementary school and Sullivan Park. Close to all amenities you can want including grocery store, restaurants, shops, Sullivan Heights, Hwy 10, and Hwy 99! (id:48205)

3 Bedroom 4 Bathroom 3047
For sale
$2,099,000
8671 154A STREET, surrey, British Columbia

8671 154a Street

Surrey, British Columbia

Just like new, only 3 years old! Prime location of Fleetwood on a beautifully landscaped 6760 Sq.Ft Lot. The residence boasts modern amenities throughout, highlighted by stone and Hardie Plank exterior finishes. Featuring 7 bedrooms, the property includes a custom-built kitchen equipped with premium Quartz Rainfall Countertops, Acrylic Cabinets, and BOSCH Appliances, along with a spacious spice kitchen. Upstairs, discover 5 bedrooms, 4 full bathrooms, and a sizable loft area. The property is fully fenced for privacy and includes a 2-bedroom legal suite, offering an excellent mortgage supplement. Centrally positioned near transit options, schools, highways, and the Fleetwood Recreation Centre. (id:48205)

7 Bedroom 6 Bathroom 3651
For sale
$2,075,000
6127 163 STREET, surrey, British Columbia

6127 163 Street

Surrey, British Columbia

Welcome to this executive 'Foxridge Estates' home which is siding greenspace and has incredible views. Inside you will find a spacious great-room floor plan on the main with high ceilings and private den. The new gourmet kitchen has quartz counters, stainless appliances and large breakfast-bar island which opens onto the bright living area with grand custom fireplace and the vaulted dining room. Upstairs has 3 generous sized bedrooms including the fabulous master retreat with unobstructed views, vaulted ceiling, 2 closets and beautiful ensuite. The walkout basement is a great entertaining space with media area, games room with custom bar, flex room plus a 4th bed & bath. Bonus features include an oversized garage, RV parking, AC, new vinyl fence, private backyard with multi decks & more! (id:48205)

4 Bedroom 4 Bathroom 3591
For sale
$2,074,000
17371 64 AVENUE, surrey, British Columbia

17371 64 Avenue

Surrey, British Columbia

FANTASTIC 3 STOREY HOME IN GREAT NEIGHBOURHOOD CLOSE TO EVERYTHING & BOTH LEVEL OF SCHOOLS! This 3 Storey home is complete with Open & Spacious Floorplan, Natural light with high ceiling and large windows off living room & cozy gas fireplace. Additional Bdrm/den on the main floor with full washroom can be used in many ways. Custom design Kitchen, Spice Kitchen & Radiant heat throughout the house. Option to add room on the upper level. This home includes two (2+2) self-sufficient unauthorized mortgage helpers. Steps to Future Cloverdale Sports & Ice Complex, park & groceries + quick access to Langley or Cloverdale! Schedule your private viewing today! >> ~~ Check Virtual Tour ~~ (id:48205)

9 Bedroom 6 Bathroom 3829
For sale
$2,049,000
15016 63A AVENUE, surrey, British Columbia

15016 63a Avenue

Surrey, British Columbia

3 story house. (id:48205)

8 Bedroom 7 Bathroom 4042
For sale Open House
$1,999,999
14769 62 AVENUE, surrey, British Columbia

14769 62 Avenue

Surrey, British Columbia

Presenting a brand-new, contemporary marvel that epitomizes luxurious living and cutting-edge design. Situated in an ideal location, this exquisite abode seamlessly combines style, comfort, and practicality. The spacious bedrooms offer abundant relaxation and privacy for both family and guests. At the heart of the home lies the gourmet kitchen, boasting sleek countertops, ample storage, and even a supplementary spice kitchen. Step out onto the covered patio for a seamless transition from indoor to outdoor living. Additionally, two basement suites serve as valuable mortgage helpers. Nestled within the new Sullivan Heights subdivision, this residence is conveniently close to shops, schools, highway access, and more. Welcome to your dream home! Open house May 11 & 12 from 1 - 3 pm. (id:48205)

6 Bedroom 7 Bathroom 3334
For sale
$1,999,999
7780 144A STREET, surrey, British Columbia

7780 144a Street

Surrey, British Columbia

Beautiful 2006 custom built 4500 sqft house. Main floor boast of a huge living room with a kitchen to entertain your friends and family. Rich designer color scheme and granite counter tops in kitchen with huge island. Spice kitchen for your Asian cuisine. Two master bedrooms and two full washrooms on the main floor for the elderly. All washrooms have designer tiles and granite counters. Total privacy with full fenced yard. 2 mortgage helpers (2+1) bedroom suites in the basement. House is located in cul-de-sac and totally secured for the kids. Driveway with parking for 4 vehicles and double garage. Close to all amenities and transit (id:48205)

9 Bedroom 7 Bathroom 4457
For sale Open House
$1,999,888
15071 76A AVENUE, surrey, British Columbia

15071 76a Avenue

Surrey, British Columbia

CUSTOM BUILT Executive Home on large 6781 sqft lot Three level 8 bdrm/5 bth. Quality craftsmanship featuring solid oak entrance door, stairs & railing, radiant heat on all 3 levels on 6 zones w/separate controls, extensive use of crown moulding, 5.1 surround sound, Hunter Douglas blinds. Gourmet Chef's Kitchen with solid maple cabinets, granite countertops and high-grade stainless steel appliances. Main floor has a wet bar off the family room, 2 gas fireplaces and security system. 2 Basement suits 2 bedroom and another 1 bedroom suits good mortgage helper. Large deck w/pergola, outdoor wood burning fireplace & gas hookup BBQ perfect for backyard entertaining. Steps to Guildford Golf Course, schools, shopping and other amenities. Open House Saturday & Sunday May 4/5 From 2-4. (id:48205)

8 Bedroom 5 Bathroom 4467
For sale Open House
$1,999,800
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! OPEN HOUSE SAT APRIL 13 2-4 PM SUN APRIL 14 1-3 PM (id:48205)

9 Bedroom 8 Bathroom 4358
For sale Open House
$1,999,000
14753 62 AVENUE, surrey, British Columbia

14753 62 Avenue

Surrey, British Columbia

SULLIVAN STATION BRAND NEW HOUSE (under construction)! Features 8 BEDROOMS & 7 WASHROOMS! You are welcomed into this custom built beauty with beautiful finishings. Bright and spacious living and dining rooms. Custom built kitchen along with a spice kitchen! Huge family room with big windows to soak in that natural light. There is also a den/bedroom on the main with a FULL washroom. Glass railings throughout. Modern design and finishings. Upstairs there are 4 bedrooms, 3 with their private ensuites and good size closets! Also a large patio! In the basement there is a large media room perfect for entertaining with a 2 piece washroom. There are also 2 MORTGAGE HELPERS! Fully finished 2+1 suites with their own separate entrances. This home truly has it ALL! Perfect for the growing family. (id:48205)

8 Bedroom 7 Bathroom 3593
For sale Open House
$1,999,000
14734 62A AVENUE, surrey, British Columbia

14734 62a Avenue

Surrey, British Columbia

Brand new 3-level home in Sullivan with features found in much expensive homes: central air-conditioning, RADIANT HEAT, 10' high ceiling on Main, 9 ft ceiling on top floor. Close to both schools, YMCA, shopping and transit. Main floor features living/dining rooms, designer kitchen with top class appliances, spice kitchen, family room, 2-pc bathroom. master bedroom on main floor with full bathroom. Top floor features master bedroom with 5-pc en-suite plus 3 other good size bedrooms and 2, 4-pc bathrooms, and laundry. Basement has 2-separate living areas with one bedroom and 1 full bath. 2-5-10 new home warranty. OPEN HOUSE SAT 2-4 PM. (id:48205)

7 Bedroom 7 Bathroom 3869
For sale
$1,998,000
15023 62B AVENUE, surrey, British Columbia

15023 62b Avenue

Surrey, British Columbia

Breathtaking views, modern architecture, and quality finishing. This stunning, brand new home in Sullivan Station has everything a family needs. Main floor of this 8 BED 7 BATH home features an open concept living, family, and dining room, a guest bedroom with ensuite bathroom, and a home office. Modern kitchen with herringbone tiles, oversized island w/quartz countertops, and top of the line SS appliances, plus a wok kitchen. Upper level has 4 spacious bedrooms and 3 full washrooms, including a stunning primary bathroom with free standing tub and separate walk-in shower. Lower level has media room with a wet bar and 3 BED 1 BATH mortgage helper. Located in one of Sullivan Heights' newest subdivisions, this home is walking distance to Elementary and Secondary schools, transit and parks. (id:48205)

8 Bedroom 7 Bathroom 3872
For sale
$1,988,000
18876 53B AVENUE, surrey, British Columbia

18876 53b Avenue

Surrey, British Columbia

Welcome to this magnificent absolutely house! This immaculate home features 8 spacious bedrooms and 6 bathrooms. The fabulous open floor plan offers 18' ceilings in foyer and family room featuring floor to ceiling windows and stone fireplace with custom built in surrounds! High end finishes from solid hardwood floors, features open staircase, coffered detailed dropped ceilings and paneled window seats, wooden beamed kitchen ceilings and classic cream antique cabinetry with glass displays. This home is conveniently located as it's minutes away from all levels of schools, shopping centers, grocery stores all major highways and just steps away from bars, pubs, parks and transit route buses. Come and see it before it's gone! (id:48205)

8 Bedroom 6 Bathroom 4134
For sale Open House
$1,988,000
14742 62A AVENUE, surrey, British Columbia

14742 62a Avenue

Surrey, British Columbia

SULLIVAN STATION BRAND NEW HOME! 3800+ Sq.Ft Home! 8 BED 7 BATH HOME. Thoughtfully designed plan features a Master Bedroom on the main floor with walk in closet + ensuite. Loads of windows to soak in the natural light with high ceilings. Home also features grand living room, dining room, study room, large family room leading to kitchen + BONUS spice kitchen! Upstairs features 4 large bedrooms and 3 washrooms. In the basement you have 2 suites (2+1) that will generate great rental income. Central location to YMCA, Panorama Village Shops, Bell Centre (School) with easy access to 64 ave and major routes. Beautiful home for the growing family. Call for additional information or to book a showing. (id:48205)

8 Bedroom 7 Bathroom 3829
For sale
$1,979,000
16655 63A AVENUE, surrey, British Columbia

16655 63a Avenue

Surrey, British Columbia

Superb family home in the heart of West Cloverdale. Beautiful 3 story fully renovated w/spice kitchen also has an income producing 2 bedroom legal suite! A bright entry way welcomes you to the home with large rooms & w/den on main level & 4 bedroom upstairs for you and your family.The kitchen has newly white cabinets, skylights, large island and a pantry! Large spacious rooms throughout with a family room right off the kitchen and Dining areas. The family room has a beautiful fireplace for comfort and style overlooking the back deck, gazebo and yard.The master bedroom has a extra large bathroom with soaker tub and separate shower plus dual sinks.There is an additional rec room on the lower level to keep for yourself or add to the 2 bedroom suite. Walking distance to elem schl,hwys,shopping (id:48205)

6 Bedroom 4 Bathroom 3876
For sale Open House
$1,968,000
18077 67 AVENUE, surrey, British Columbia

18077 67 Avenue

Surrey, British Columbia

LOCATION,QUILITY & VALUE that you will enjoy for many years to come. Like brand new ready to move in rarely offered for sale Foxridge built home back onto beautiful green space. This luxurious home boast 6 bedrooms, 3.5 bathrooms, LEGAL one bdrm suite, large balcony off the primary bdrm, A/C, oversized covered deck, very private custom designed back yard. Main floor featuring 10 ft ceilings, crown moldings, hard wood floorings, chef's dream kitchen with white cabinets, floating display shelving, big island, quartz counters, SS appliances & fabulous pantry. Specious cozy living room w/gas fireplace, remarkable dining room, both overlook the picturesque greenbelt for all seasons. Upstairs boast 4 specious bdrms, 2 full bath, laundry. Mortgage helper bsmnt suite.Open House CANCELLED (id:48205)

6 Bedroom 4 Bathroom 3462
For sale
$1,949,980
15186 73B AVENUE, surrey, British Columbia

15186 73b Avenue

Surrey, British Columbia

Chimney Hill's crown jewel home-your private California-style rancher awaits on a stunning 17,837 sqft. A skylit haven with 15' vaulted ceilings, this home brings the outdoors in w/ ample windows & a solarium gateway to the immense backyard. A spacious layout offers a vaulted family rm & an open-plan kitchen & eating area for family time, plus formal dining & living for hosting. Retreat to the grand bdrm, a personal spa w/ jacuzzi, luxury shower, & dual fireplace. Accompanied by 3 large bdrms, this turn-key treasure features a new roof and appliances. Find serenity outdoors w/ a koi pond & vast green space, ideal for both grand & intimate gatherings. Located steps from Surrey Lake Park, schools, & shopping. 11 parking incld RV & lots of storage! Room for workshop/shed in back w/ car access (id:48205)

4 Bedroom 3 Bathroom 2589
For sale Open House
$1,949,000
15332 KILLARNEY COURT, surrey, British Columbia

15332 Killarney Court

Surrey, British Columbia

This is one fantastic 4 bedrooms house in Sullivan station that is hard to miss. It sits high in the neighbourhood on almost 12000 sf lot. Absolutely one of the finest top to bottom home. The care to detail is a top 10. The kitchen is a gourmet chef's delight with all top end stainless appliances, water spout for pots, over sized granite island, new floors throughout, decorator paint, new bathrooms and list goes on. The outside boasts a private garden which is south facing and awaiting your ideas.... fenced yard. Amazing floor plan is the best for entertaining all year round. Huge rec room with separate entrance and bathroom. (id:48205)

4 Bedroom 3 Bathroom 3041
For sale
$1,939,000
14496 67B AVENUE, surrey, British Columbia

14496 67b Avenue

Surrey, British Columbia

Gorgeous home nestled in best location of East Newton neighborhood! Spacious 3,890 Sq.ft covered area, 2 Storey with walk-out basement (3 Levels), offers total of 8 bdrm + 6 bath on 6781 sq.ft lot. Updated with countertops, floors and fresh coat of paint. Main floor boasts vaulted ceilings, living rm, family rm, gourmet kitchen with plenty of cabinetry, fireplaces, guest bdrm/den, full bath and laundry. Above good size 4 bdrms and 3 full baths. Downstairs huge 3 bdrm and 2 bath mortgage helper. legal basement suite with family & living room rented $2,500 per month. Covered sundeck, fenced yard for all your summer parties & best for kids play area. Double car garage plus nice long driveway for additional visitors/RV parking. Walk to parks, bus, both level of schools and easy access to all major routes. (id:48205)

8 Bedroom 6 Bathroom 3890
For sale
$1,930,000
7057 151 STREET, surrey, British Columbia

7057 151 Street

Surrey, British Columbia

OPEN HOUSE Saturday March 9 @ 1-4 PM (id:48205)

9 Bedroom 6 Bathroom 4686
For sale
$1,899,999
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
For sale
$1,899,999
14728 79 AVENUE, surrey, British Columbia

14728 79 Avenue

Surrey, British Columbia

Beautiful 7 bed 6 bath- 3 level Executive Home located in the Chimney Hill Neighbourhood. 2+1 suites for Mortgage Helper. Like New, this 2015 Custom Built Luxury Home features Quartz Counter Tops, Crystal Lighting, Custom Finishes. Corner Lot. Close to Chimney Hill Elementary, Shopping, Fitness Facilities, Golf Course, Parks and more. Showing by Appointment on Weekends. (id:48205)

7 Bedroom 6 Bathroom 3805
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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