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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
$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
$1,950,000
3533 149A STREET, surrey, British Columbia

3533 149a Street

Surrey, British Columbia

Welcome to West Rosemary Heights! This spacious 5-bed, 4-bath family home offers open-concept living, perfect for gatherings. The kitchen features modern appliances, sleek countertops, and plenty of storage, making meal preparation a breeze. One of the highlights of this property is its versatile basement suite, which serves as a mortgage helper, offering additional income potential or space for extended family members. The basement suite is fully equipped with its own kitchen, bathroom, and separate entrance, ensuring privacy and convenience. Outside, the beautiful west facing backyard beckons for relaxation and play. Turnkey ready, this home is poised for your family's next chapter. Don't miss out on this gem in a sought-after neighborhood! Schedule your showing today. (id:48205)

5 Bedroom 4 Bathroom 3559
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
$1,949,000
5639 148 STREET, surrey, British Columbia

5639 148 Street

Surrey, British Columbia

With its spacious bedrooms, multiple bathrooms, and ample living areas, this property seems like a perfect fit for a growing family. The inclusion of a spice kitchen is a thoughtful touch for those who enjoy culinary endeavors. The proximity to amenities like the YMCA, restaurants, and shops adds convenience to the equation. And easy access to major highways makes commuting a breeze. Overall, it seems like Sullivan Station offers a comfortable and convenient lifestyle. Call today to book a showing! (id:48205)

9 Bedroom 6 Bathroom 4515 sqft
For sale
$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
$1,899,999
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, 2 mortgage helpers, 2+1 basement suites. Mins to shopping, restaurants, golf course, Grandview Aquatic Centre, White Rock Beach! Truly a MUST SEE! (id:48205)

7 Bedroom 8 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
For sale
$1,899,900
16785 58B AVENUE, surrey, British Columbia

16785 58b Avenue

Surrey, British Columbia

Immerse yourself in luxury within this meticulously crafted home on a spacious lot. Lavish upgrades grace every corner, from the chef's kitchen with stainless steel appliances and a gas range to the convenient "Spice Kitchen." Enjoy seamless entertaining on the expansive custom covered deck, seamlessly connected to the kitchen and family room. The grand entrance leads to living and dining areas, with a versatile den/bedroom on the main floor. Upstairs, discover four generously sized bedrooms, each with its ensuite. The basement features a two-bedroom plus one-bedroom suite. Ample parking is provided in the front, side, and rear, accommodating at least six vehicles. Within walking distance, you'll find an Elementary School, Convenience Store, Bus Stop and Cloverdale Athletic Park. OPEN HOUSE SAT, SUN MAY 25TH & 26TH FROM 2PM TO 4PM (id:48205)

8 Bedroom 6 Bathroom 3788 sqft
For sale
$1,899,900
5883 167A STREET, surrey, British Columbia

5883 167a Street

Surrey, British Columbia

WOW! Don't miss this gorgeous 2 storey w/finished basement in quiet West Cloverdale cul-de-sac! 4 bdrms up, 2 or 3 bdrm suite down, and 5.5 baths! Open layout kitchen + spice kitchen w/granite counters, stainless appliances, gas cooktop & adjoining eating area/family room. Separate living/dining room & den on main + laundry complete the main floor. 4 big bedrooms up incl 2 w/ensuites and primary bedroom with large covered patio. Finished basement with 2 bedroom suite plus separate bedroom/bath/rec room for upstairs use. Could also be converted to a huge 3 bedroom suite or a 2 bdrm + 1 bdrm suite! Big east facing, private hedged yard backing onto school with covered patio and storage shed. Great location close to schools, parks, shopping, coffee shop and golf. Don't wait! (id:48205)

7 Bedroom 6 Bathroom 3818 sqft
For sale
$1,899,888
7869 147A STREET, surrey, British Columbia

7869 147a Street

Surrey, British Columbia

AVAILABLE! Gorgeous 3-storey residence boasting fully finished basement suites in the sought-after Newton neighbourhood. This home offers a total of 9 bedrooms, including one on the main floor with a full bathroom, along with 6 bathrooms. The main floor features a formal living room, dining room, family room, kitchen, and spice kitchen. Upstairs, discover 4 large bedrooms and 3 full baths (including 2 master bedrooms). Step outside to the expansive backyard with a sundeck on 6,257 Sq Ft Square Lot, ideal for gatherings. Ample parking is available on the driveway, garage, and street. The basement includes 2 additional rental suites of 2 bedrooms each (2+2), providing excellent rental potential. 4000 sq.ft living area. OFFERS AS THEY COME. (id:48205)

9 Bedroom 6 Bathroom 4000 sqft
For sale
$1,899,888
7520 144A STREET, surrey, British Columbia

7520 144a Street

Surrey, British Columbia

This exquisite home features 8 Bedrooms & 7 Bathrooms. Great for investors and for families looking for a home with 3 MORTGAGE HELPERS (2+1+1) SUITES. Recent updates done in 2023 including new Laminate Flooring, New Paint, Light Fixtures, High End White Stone work in the front of house. Open layout main floor w/high ceilings, Bright Kitchen w/maple cabinets, granite counters, SS Appliances along with Spice Kitchen & Powder Room. Upstairs comes with 4 bed & 3 baths & Rec room. 1 bedroom side suite with separate entrance on the main floor & 2 more suites with separate entrances downstairs. Beautiful Mountain views, covered Patio for BBQ & big Fenced Yard for entertaining. Close to transit, schools, parks, golf courses, temples, and much more! (id:48205)

8 Bedroom 7 Bathroom 4266
For sale
$1,899,000
14726 62A AVENUE, surrey, British Columbia

14726 62a Avenue

Surrey, British Columbia

Brand new! 7 bed 7 bath with MASTER on MAIN! Main features master bedroom, formal living/dining room, large family room, functional kitchen and SPICE! Up has 4 beds/3baths one is a huge master with large en-suite. Down has 2 mortgage helpers! Close to schools, shops, major routes and transit this is the PERFECT home! (id:48205)

7 Bedroom 7 Bathroom 3457 sqft
For sale
$1,899,000
5515 183A STREET, surrey, British Columbia

5515 183a Street

Surrey, British Columbia

Rare chance to own in prestigious Shannon Hills w/parking for an RV. This well cared for Rancher with walk-out bsmt on a ½ acre corner lot basks in natural light year-round. Spacious main floor features new flooring throughout. Entertain guests in the living room's warmth from the natural gas fireplace, while enjoying the amazing SW views. Master bd features an ensuite with luxurious soaker tub for unwinding. 2 more bdrms and a full bath complete the main floor. A large deck with dual access overlooks the fully fenced yard. Lower level offers a huge, legal 1 bed suite with potential to be 2 bdrms. The rest of the basement has 2 bedrooms, flex/storage area and a separate living room/office. New, high efficiency furnace, A/C, hot water on demand keeps everyone comfortable. (id:48205)

6 Bedroom 3 Bathroom 3990
For sale
$1,898,990
14732 55A AVENUE, surrey, British Columbia

14732 55a Avenue

Surrey, British Columbia

Build your dream home or take on a major reno, on this private, mature 20,000 Sq Ft lot located on a quiet culdesac in Panorama Ridge. (id:48205)

3 Bedroom 3 Bathroom 2532 sqft
For sale
$1,889,000
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
$1,888,895
6310 175B STREET, surrey, British Columbia

6310 175b Street

Surrey, British Columbia

FULLY RENOVATED.8 bedroom,5 washroom,3 Kitchens. All New Flooring,Kitchens,Lights,Appliances,Washrooms,Paint,Siding,Doors,Moulding,Fireplace. New Hot Water Tank, Roof, Water Main Connection.Upto $200K spent on renovations. 2 mortgage helpers(2 Bedroom +1 Bedroom) with separate entry.Cloverdale encompasses the small town charm with all modern amenities.This lovingly maintained house is minutes away from Shopping,Transportation,Cloverdale Rodeo and Athletic Park,Recreation Center,Schools.Enjoy the Canada Day fireworks from your backyard. (id:48205)

8 Bedroom 5 Bathroom 2371
For sale
$1,888,888
5536 189A STREET, surrey, British Columbia

5536 189a Street

Surrey, British Columbia

?? Open House Invitation! Join us on May 26th, 2024, from 12pm to 3pm for an exclusive Open House event at 5536 189A. Your dream home awaits! (id:48205)

7 Bedroom 6 Bathroom 4554 sqft
For sale
$1,888,800
16697 62A AVENUE, surrey, British Columbia

16697 62a Avenue

Surrey, British Columbia

TOO MUCH TO LIST in this GORGEOUS Clover Ridge home! This immaculate 3,553sqft 7 bedrm, 4 bathrm home has been VERY tastefully renovated! Gourmet white kitchen w/stainless appliances, gas cooktop, soft close cabinets & caesar stone counters. Bright eating area+open family rm w/beautiful stone gas F/P opens to large covered deck overlooking manicured garden & fenced yard w/large storage shed. Spacious liv/din rms w/elegant laminate floors, crown moulding & vaulted ceiling. 4 beds up w/full bathrm + large primary (w/walk in closet) & luxurious 5pc ensuite w/free standing tub & seamless glass shower. Spacious, light and bright 2 bed + den suite with a modern kitchen + separate laundry! BONUS: A/C, NEWER ROOF & FURNACE, NEWER WASHER/DRYER, + HOT WATER ON DEMAND. A true GEM!! (id:48205)

7 Bedroom 4 Bathroom 3553 sqft
For sale
$1,884,900
17280 60 AVENUE, surrey, British Columbia

17280 60 Avenue

Surrey, British Columbia

Why Rent - When you can Own! Beautiful custom designed & quality built Basement Entry Home with High Ceilings. Live upstairs in your own 4-bedrooms, 3-full bathrooms home, featuring Open Great-room & Dining-room, Kitchen w/loads of cabinetry, oversized Island & custom millworks, large covered Sundeck, large private covered entry, laundry, & double garage. Ground level Basement features Mortgage helpers w/private entry & large covered Patio which can cover $870,000 Mortgage. Additional features Large Sunny South back yard Lot, loads of parking & on Bus Route. Great Location - close to Schools, Shopping, Kwantlen College, Recreation Centers & New Hospital coming soon, plus easy access to Hwy#10 and Hwy#15. Show & Sell. OFFERS! (id:48205)

7 Bedroom 6 Bathroom 3469
For sale
$1,869,888
18065 67B AVENUE, surrey, British Columbia

18065 67b Avenue

Surrey, British Columbia

Welcome home!! This luxurious property with modern finishes is a 10/10. Quality built by Foxridge on a quiet street conveniently located near all amenities. Upper level feathers 4 bedrooms/2 bathrooms including a primary suite with walk-in closet, ensuite and private balcony. Lower level is an entertainers dream with custom bar & media room, guest bedroom & full bathroom, keep as is or use as a legal suite mortgage helper. Main level has high ceilings, great room & a chefs kitchen with a pantry. Private backyard with covered deck, perfect to enjoy the summer BBQ's. This show home is move in ready and sure not to be missed. (id:48205)

5 Bedroom 4 Bathroom 3459 sqft
For sale Open House
$1,858,000
15064 59A AVENUE, surrey, British Columbia

15064 59a Avenue

Surrey, British Columbia

This stunning home in Sullivan Station is truly a gem. The main floor consists of a spacious kitchen, with a spice kitchen, formal dining area, a living room, a separate family room and a den/office. The backyard is perfect for relaxing, watching the kids play and entertaining. With 4 bedrooms (and 3 bathrooms) on the top floor, including two large primary suites, there is plenty of room for everyone in the family. The basement can provide an excellent mortgage helper (two 1 bedroom suites) or space for extended family. Located in a desirable neighborhood close to parks, schools, and a quick drive to YMCA, restaurants, and shopping. Don't miss the opportunity to make this property your own and enjoy all that Sullivan Station has to offer. Open Sunday, June 2 from 2-4pm (id:48205)

6 Bedroom 6 Bathroom 4003 sqft
For sale
$1,850,000
16719 63B AVENUE, surrey, British Columbia

16719 63b Avenue

Surrey, British Columbia

West Cloverdale's south-facing home features a beautiful wide front, a widened porch, and a lovely landscape. Enter a spacious foyer open to the upper level featuring an elegant split staircase. Formal living room with its soaring vaulted ceiling & cozy gas fireplace with lots of natural light. The family room with its 17' soaring ceiling is overlooked by an upper-level foyer. Extensive use of crown moldings. A bedroom & a full bath on the main floor with a bright office & another half bath. Enjoy summer BBQs on the big deck off the country-size kitchen (new appliances). The basement has 3 bedrooms, 2 full baths, a kitchen, an eating area, and a large living room, can be 2 suites easily. Close to Parks, Shopping and Transit. (id:48205)

9 Bedroom 7 Bathroom 3931 sqft
For sale
$1,849,999
14821 71A AVENUE, surrey, British Columbia

14821 71a Avenue

Surrey, British Columbia

Welcome to this exquisite home perfectly situated in the heart of East Newton! A 3 Storey well kept home with easy access to parks, schools, Transit and Shopping. Step inside and be embraced by the epitome of luxury. The spacious Custom design high end Kitchen, is a haven for culinary enthusiasts is well equipped for all your cooking desires! Built in 2008, Thoughtfully designed layout provides all that is required to enjoy your humble abode!! Main floor boasts a Well designed Office/Den great for working from home or that quiet study/rest/reading room/area. A Cozy Theatre for those family movie nights in the comfort of your home....(Theatre has its own powder room). A well kept home showing pride of ownership. Call to book your private showing today! Open House Feb 24 & 25 Sat /Sun 2-4 pm (id:48205)

6 Bedroom 6 Bathroom 3608
For sale
$1,849,999
15293 83B AVENUE, surrey, British Columbia

15293 83b Avenue

Surrey, British Columbia

Welcome to your dream home in the prestigious neighborhood of Fleetwood! This magnificent 8-bedroom, 6-bathroom residence offers an unparalleled living experience for those who appreciate luxury and space. The main level also features a comfortable bedroom/media room, ideal for relaxation and entertainment. With a fireplace as the centerpiece, this room offers a warm and inviting atmosphere for cozy evenings spent with family or friends.The upper level is a retreat in itself, with generously sized bedrooms that offer privacy and tranquility and comes with a BONUS of 2 BASEMENT SUITES (2+1) to maximize your rental income, plus an additional EXTRA REC ROOM (potential 3+1)!! Don't miss the opportunity to own this stunning residence! (id:48205)

8 Bedroom 6 Bathroom 4246
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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