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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
$1,930,000
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
For sale Open House
$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 4TH & 5TH FROM 2PM TO 4PM (id:48205)

8 Bedroom 6 Bathroom 3788
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
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
$1,899,888
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
For sale Open House
$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
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 Open House
$1,898,000
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 Saturday, May 12 from 2-4pm. (id:48205)

6 Bedroom 6 Bathroom 4003
For sale Open House
$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
$1,884,900
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 Open House
$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. OPEN HOUSE SUN May 12, 3-5PM (id:48205)

9 Bedroom 7 Bathroom 3931
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 Open House
$1,849,888
14999 59A AVENUE, surrey, British Columbia

14999 59a Avenue

Surrey, British Columbia

Welcome to this stunning home located in the family oriented neighborhood of Sullivan Heights! As you enter, you'll be greeted by a grand formal living room & dining room, perfect for entertaining guests. The main floor also features a gourmet kitchen with a wok kitchen, while the adjacent family room provides a cozy space for relaxation. Upstairs, you'll find the primary bedroom with a walk in closet and an en-suite. Additionally, there are three other bedrooms, perfect for a growing family. The lower level boasts a media room for upstairs use and a two-bed LEGAL SUITE as a mortgage helper. This home is located just a few blocks from new Snokomish Elementary School and a short walk to Gladstone Park. Close to all transportation, shopping, and YMCA. Open House Sat May 4th 2:00pm - 4:00pm (id:48205)

6 Bedroom 5 Bathroom 3439
For sale Open House
$1,849,800
6105 145A STREET, surrey, British Columbia

6105 145a Street

Surrey, British Columbia

Welcome to this Brand New Quality built Home by MARATHON HOMES. Located in the most desirable neighborhood of SULLIVAN STATION, this home features 4 Bedrooms upstairs with 3 washrooms. GOURMET kitchen with quartz countertops, high-end appliances, wide plank laminate FLOORING, and a COZY Family room for all the family fun. Basement has a huge REC ROOM perfect for entertainment, and a 1 bed suite for the mortgage helper. Close to all schools, transportation and all major routes. Backed by 2-5-10 New HOME WARRANTY for your peace of mind. One of the last brand-new homes in the subdivision!! DONT WAIT CALL TODAY BEFORE ITS GONE!!!!! (id:48205)

5 Bedroom 5 Bathroom 3627
For sale
$1,849,800
18384 60 AVENUE, surrey, British Columbia

18384 60 Avenue

Surrey, British Columbia

Beautiful modern three-level home located in the highly desired Cloverdale neighborhood. Main floor features stunning living area and kitchen complete with integrated appliance package, hardwood flooring, and a large family room. This home perfectly blends elegance with functional living space as it boasts a spacious kitchen with a large island (plus a bonus spice kitchen), 7 Bedrooms, and 6 Bathrooms. Not to mention, the basement features an EXCEPTIONAL 3 Bedroom Suite with 2 full baths & separate laundry - a perfect rental option to assist with the mortgage! SHOWS BETTER THAN NEW! (id:48205)

8 Bedroom 6 Bathroom 3290
For sale Open House
$1,849,000
8289 154 STREET, surrey, British Columbia

8289 154 Street

Surrey, British Columbia

Lovingly maintained 2 story house with basement in desirable Fleetwood! Featuring 8 Bedrooms and 4 bathrooms, this is a perfect family home with over 3740sf of living space on a huge 8425sf lot. Upstairs you have access to 5 bedrooms, the primary with a walk in closet and 5 pc ensuite. Hardwood flooring and tile throughout, newer roof, laundry room off the garage plus 2 gas fireplaces and one bedroom on the main floor. Lower floor boasts a fully self contained 2 bedroom accommodation with its own laundry. Large backyard patio runs the entire length of your home and overlooks the private West facing back yard. A Quiet Cul-de-sac location in a great neighbourhood, walking distance to both Coyote Creek Elementary and Fleetwood Park Secondary. Open Sun May 12th 2-4pm. (id:48205)

8 Bedroom 4 Bathroom 3743
For sale
$1,849,000
8306 151A STREET, surrey, British Columbia

8306 151a Street

Surrey, British Columbia

Beautiful and huge south facing home features stairs up to entry door with a floor to ceiling entry foyer and spiral staircase leading to 4 bedrooms up and also opens to spacious living room and dining room that leads to big modern kitchen with eating area that extend to sunken huge family room with gas fireplace. Other features such as good size den and laundry room on the main floor with door to double car garage plus 2 bedroom basement suite with seperate back entry. Huge lot with storage shed. Must be seen to be appreciated. (id:48205)

6 Bedroom 4 Bathroom 3661
For sale
$1,830,000
8581 156 STREET, surrey, British Columbia

8581 156 Street

Surrey, British Columbia

Investors/builders/developers attention! This property is situated in Fleetwood area plan for development of townhomes/condo with land assembly. This is a great opportunity to invest in the new and upcoming transit hub with new skytrain coming soon. Check with City of Surrey for potential development and zoning. Great invest property include 6 bedrooms, 2 kitchens, large living rooms. Home is great conditions with front & back lane access. Very nice tenants in place. Call now to make deal happen. Open House Sat & Sun April 13 & 14, 2-4pm by appointments. (id:48205)

6 Bedroom 4 Bathroom 2355
For sale Open House
$1,829,000
18044 58 AVENUE, surrey, British Columbia

18044 58 Avenue

Surrey, British Columbia

Stunning dream home, fully renovated with the highest quality workmanship & materials. It boasts vaulted ceilings, skylights, rich wood paneling, deluxe bathrooms, a modern kitchen, & ample storage space. This home is an entertainers paradise, with 5 incredible outdoor spaces. The huge covered deck is a spectacular feature with a cozy fireplace, surrounded by fantastic trees and mature gardens. The master bedroom is an oasis with a beautiful deck overlooking a garden patio, which is surrounded by a flowing stream feature & garden studio. A beautiful private enclosed yard with a hybrid hot tub for 6. A legal 2-bedroom basement suite with a lovely covered patio area and water feature. Also an amazing home office. Don't miss out! OPEN HOUSE Wednesday, May 8th from 5 - 6 pm. (id:48205)

6 Bedroom 3 Bathroom 2992
For sale Open House
$1,825,000
18079 70A AVENUE, surrey, British Columbia

18079 70a Avenue

Surrey, British Columbia

Discover unparalleled convenience in this exquisite Vesta-Built family home in the quiet safe neighbourhood of Provinceton, featuring a Massive Two-Bedroom INCOME SUITE with separate entrance, NEW kitchen and NEW laundry. Upstairs enjoy the comforts of home with central A/C, NEWER hardwood flooring and bright vaulted ceilings bathing the main floor in natural light. The updated chefs kitchen features NEW range stove, NEW stainless fridge and granite countertops that flow seamlessly into a private back yard oasis ideal for summer BBQs and family fun. Upstairs features a Primary with large, updated ensuite, a Jr. Primary Ensuite plus two more bedrooms and a bonus Office space that overlooks the living room. (id:48205)

6 Bedroom 5 Bathroom 3347
For sale
$1,825,000
5977 151 STREET, surrey, British Columbia

5977 151 Street

Surrey, British Columbia

Stunning 3-lvl home located in the heart of Sullivan Heights. The living and dining area have high ceilings made of cedar, the kitchen, complimented by a spice kitchen, granite countertops, stainless steel appliances and walk-in pantry. Laminate flooring is found throughout, the main floor has an additional room, full bathroom, and office. The top lvl which was recently upgraded with laminate floor featuring a total of 4 spacious bedrooms, 2 including en-suite bathrooms. The basement has a recreation room with full bath along with a roomy 2-bedroom mortgage helper. Large 2 car garage, coupled with more parking on the driveway secured with an electronic gate all located in a quiet cul-de-sac where kids can play. Close to Sullivan Heights Secondary, many stores, parks, and sports facilities. (id:48205)

7 Bedroom 6 Bathroom 3931
For sale Open House
$1,810,000
6303 167B STREET, surrey, British Columbia

6303 167b Street

Surrey, British Columbia

Beautiful 2 storey home with full basement on quiet street in Cloverdale. 6 bedrooms & 6 bathrooms. On the main there are high ceilings & crown mouldings, formal living & dining rooms, large family room has big windows allowing lots of natural light plus gas fireplace. Sliding doors from family room into backyard. New laminate floors on main, brand new washer & dryer, whole house has been newly painted. Kitchen has granite counters plus a wok kitchen. Up25stairs are 4 bedrooms with an office area. Luxurious master suite with a jetted tub & separate shower. Below is a 2 bedroom unauthorized suite with separate entrance & it's own laundry, crown mouldings. New roof over entryway. Walk to Cloverdale Athletic Park, public transit, gym, elementary school & shops. Open House Sun. Mar 24 2-4 pm. (id:48205)

6 Bedroom 6 Bathroom 3675
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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