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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
$1,599,000
15368 80A AVENUE, surrey, British Columbia

15368 80a Avenue

Surrey, British Columbia

Highly sought after location in the heart of Fleetwood Tynehead, contemporary beauty with many attractive bells and whistles. Set privately among an attractive array of floral landscape on a southern exposed beautiful private backyard with a large deck. Stainless steel appliances, wall oven, large kitchen pantry and granite counter tops with modern European Cabinetry. Winding stairs to elevated runway overlooking entry with generous use of tile which carries through to kitchen. Vaulted living room. Family room Hardwood flooring. Custom drapery throughout. Newer high efficiency furnace. Moments away from parks, schools, shopping, restaurants. This is something you won't want to miss out on! OPEN HOUSE: April 27 Saturday 2-4PM (id:48205)

4 Bedroom 3 Bathroom 2922
For sale Open House
$1,599,000
14868 63 AVENUE, surrey, British Columbia

14868 63 Avenue

Surrey, British Columbia

Incredibly priced 7 bed home in Sullivan Station! Main features a bedroom, formal fam/din rm that leads to a large farmrm, open kitchen and spice! Fully finish basement has a two bedroom legal suite and a huge rec room for upstairs use. ****** SHOWING THRS April 25th 6-7 and SUN April 28th 2-4 OPEN HOUSE****** (id:48205)

7 Bedroom 5 Bathroom 3312
For sale
$1,599,000
16493 63 AVENUE, surrey, British Columbia

16493 63 Avenue

Surrey, British Columbia

Beautiful modern home in a fantastic Cloverdale location - only a short walk from AJ McLellan Elementary, Cloverdale Athletic Park, and so much more! 2 Kitchens, 5 bedrooms, a large den, a huge media room, and 4.5 bathrooms total. The main floor is a spacious open floor plan with an amazing kitchen, gas fireplace in the living room with large windows, dining area, a huge laundry room with a sink, a powder room and a full size den for the home office. Upstairs you have 4 bedrooms with 3 full baths. The primary bedroom has a huge walk-in closet and a luxurious 5 piece ensuite. Downstairs you have a bonus media room with a bar area that can be used by the upstairs or downstairs. Finally, you have a fantastic separate entry 1 bedroom basement suite with it's own laundry. Currently the media room is being used as an additional bedroom for the suite. (see floorplan). The back yard is large, fenced and ready for your patio furniture. Click on the Virtual Tour to see the amazing HD Video Tour! (id:48205)

5 Bedroom 5 Bathroom 3505
For sale
$1,599,000
6268 191A STREET, surrey, British Columbia

6268 191a Street

Surrey, British Columbia

RANCHER WITH WALK-OUT BSMT! Excellent floorplan, ideal for 2 family living with LEVEL Walkout on each floor with the Bonus of FRONT & BACK LANE ACCESS! (amazing for the separate suite access!) This LARGE Rancher features 3,900sqft of living space over 2 floors! Your main living area is finished with skylights, a large bay window at the front, beautiful flooring + 3 Bdrms, 2 baths & laundry! The Kitchen features SS. appliances incl. gas range & Lrge Island! Updated Roof & Screened Gutters too! BSMT is FULLY FINISHED with an AMAZING 1,911sqft Un-auth suite incl. 2 bdrms, 2 baths, Den, INSUITE Laundry + Extra Rec room for upstairs or suite use! Lots of storage throughout this home too! Enjoy views from your back deck + lots of parking & yard area complete w/ a Shed for all your lawn tools! (id:48205)

5 Bedroom 4 Bathroom 3911
For sale
$1,599,000
17400 59 AVENUE, surrey, British Columbia

17400 59 Avenue

Surrey, British Columbia

Located in Cloverdale's prime neighborhood, this rectangular lot spans 7242 sq ft and features a main house with 3 bedrooms and 2 bathrooms, offering ample living space. In addition, there is a one-bedroom mortgage helper with separate laundry. Conveniently situated near scools, shopping, recreation center, and highway access, there is potential to build your dream home on this lot in the future. (id:48205)

5 Bedroom 3 Bathroom 1766
For sale
$1,598,888
18116 70A AVENUE, surrey, British Columbia

18116 70a Avenue

Surrey, British Columbia

This elegant house in a family friendly neighborhood boasts of total 7 bedrooms and 4 bathrooms. 4 bedrooms upstairs plus a walk out 3 bedroom mortgage helper suite in basement; Central air conditioning, central vacuum system, sound system in family room, vaulted ceiling, south facing backyard with wooden deck/patio. Radiant heat in kitchen and in master bathroom. Side by side double garage. Solid wood flooring on main floor. Main kitchen gasline roughed in. Close to future Surrey - Langley Skytrain. Close to shopping and schools. (id:48205)

7 Bedroom 4 Bathroom 3524
For sale
$1,589,500
14502 60 AVENUE, surrey, British Columbia

14502 60 Avenue

Surrey, British Columbia

3 storey well maintained beautiful 5 bedrooms and 4 bathrooms house in Sullivan heights, comes with 2 bedroom mortgage helper. Built in vacuum, granite counter tops, covered deck, close to all major traffic routes, close to Sullivan Secondary School & Ecole Woodward Hill Elementary School. Security cameras are included and Separate laundry for basement. (id:48205)

5 Bedroom 4 Bathroom 2403
For sale Open House
$1,587,000
6898 177 STREET, surrey, British Columbia

6898 177 Street

Surrey, British Columbia

Absolute stunner executive Vesta corner home, in Provinceton. Wake up to panoramic views of the mountains, the forest and a horse farm. This house stands out for its visually appealing exterior design, in a quiet cul-de-sac. The home features an open concept, with two levels plus a finished basement (rough-in, for a quick kitchen installation). Separate formal dining room, and a spacious kitchen, with a large island and upgraded stainless steal appliances; maintenance-free backyard, artificial grass and pavers. This 4-bedroom home boasts a very spacious Master bedroom, with a separate heat control, vaulted ceilings, and a large spa-like ensuite. The home offers a two-car garage, bathroom granite counters, new flooring, an irrigation system, alarm, A/C and more. This home will not last! (id:48205)

4 Bedroom 4 Bathroom 2938
For sale
$1,579,999
6352 175A STREET, surrey, British Columbia

6352 175a Street

Surrey, British Columbia

Most demanding location in Cloverdale!!!! 5 beds, 5 baths 2600sqft home in family oriented neighborhood. Family room centered in the heart of the home with a cozy gas fireplace and 12 feet high coffered ceiling. Stainless steel appliances in Kitchen. Enjoy entertaining in the formal dining room and living room featuring crown mouldings and vaulted ceiling. Upstairs you will find an expansive Master Bedroom with walk-in closet and ensuite with jetted bathtub and separate shower. Second master bedroom with ensuite, plus a jack-and-jill bathroom connecting 2 more bedrooms. Rental suite on main floor, mortgage helper! Note school catchment area for George Greenaway and Lord Tweedsmuir. (id:48205)

5 Bedroom 6 Bathroom 2849
For sale Open House
$1,575,000
6277 171A STREET, surrey, British Columbia

6277 171a Street

Surrey, British Columbia

Explore this charming 5-bed, 3.5-bath family home in the heart of Cloverdale, tucked in a quiet cul-de-sac. Updates shine with a modern kitchen, stainless steel appliances, new flooring, bathrooms, and more. The backyard boasts meticulous landscaping and ample deck space for entertaining. Location is unbeatable: Cloverdale Athletic Park, the upcoming Cloverdale Ice Rink, Cloverdale rec centre, top schools, shopping, and transit are all within easy reach. A secondary suite with its own garage provides income potential. Don't miss this family haven, offering comfort, style, and versatility! (id:48205)

4 Bedroom 4 Bathroom 2825
For sale Open House
$1,549,999
14481 67B AVENUE, surrey, British Columbia

14481 67b Avenue

Surrey, British Columbia

Your search for 3 STOREY HOME stops here. Beautiful custom built home. Enjoy your Privacy with limited traffic, house in Cul-de-Sac. MAIN Floor has Living and family areas, Bedroom size DEN, LAUNDRY. 1 + 1 BASEMENT SUITES AS MORTGAGE HELPER with separate entry. GAZEBO for your summer and winter outdoor entertainment. Walking distance from Shopping center, Bell Centre, Subway, Gas stations and Hazelnut Meadows Community Park. Do not miss your chance to grab this opportunity to call this your home. Call to book your private appointment today. OPEN HOUSE APRIL 27-28 2:00 - 4:00 PM. (id:48205)

6 Bedroom 6 Bathroom 3489
For sale
$1,549,900
5940 173B STREET, surrey, British Columbia

5940 173b Street

Surrey, British Columbia

Nestled in a prime location, this charming rancher exudes warmth and character. Boasting hardwood floors and a wood-burning fireplace, it offers a cozy retreat. Situated on a sprawling 9,300 sq. ft. lot, privacy abounds, complemented by a spacious sundeck perfect for gatherings. With ample parking and easy accessibility, this well-maintained gem invites you to make it your own. Ideal for investors, its future development potential adds allure. Near shops, parks, schools, highway access, and transit. Don't miss the opportunity, schedule your showing today! (id:48205)

3 Bedroom 2 Bathroom 1294
For sale Open House
$1,549,000
14270 65 AVENUE, surrey, British Columbia

14270 65 Avenue

Surrey, British Columbia

BEAUTIFUL CUSTOM BUILT 5 BEDROOMS AND 4.5 BATHS, 1 BEDROOM UNAUTHORIZED SUITE. MAIN FLOOR FEATURES HIGH CEILING LIVING ROOM DECORATD WITH LOADS OF MOULDINGS, GAS FIREPLACE, TOP OF LINE FINISHING, LARGE KITCHEN WITH GRANITE COUNTER TOPS AND SS APPLIANCES.SPACIOUS FAMILY ROOM OPENS TO COVERED PATIO AT THE REAR YARD.UPSTAIRS HAS 4 BEDROOMS AND 3 FULL WASHROOMS.TWO MASTER BEDROOMS WITH ENSUITES.ALARM SYSTEM, BUILT-IN VACCUUM AND MUCH MORE. CLOSE TO BOTH LEVEL OF SCHOOLS AND PARKS. MOTIVATED SELLER. (id:48205)

5 Bedroom 5 Bathroom 2528
For sale
$1,549,000
18867 60A AVENUE, surrey, British Columbia

18867 60a Avenue

Surrey, British Columbia

Basement Entry 7108 sqft lot, 2 Storey 1991 Built with 2310 Sqft home with 6 bedrooms and 3 full bathrooms. Main floor have 3 Bedrooms, Living room, dining room, Kitchen, Family room and 2 full Bathrooms. Basement have 2 bedroom suite and Office for upstairs use. Close to Schools and all Amenities. All measurements are approximate, buyer to verify. (id:48205)

5 Bedroom 3 Bathroom 2310
For sale
$1,534,900
14920 58A AVENUE, surrey, British Columbia

14920 58a Avenue

Surrey, British Columbia

Millers Lane in the heart of Sullivan Panorama. Family friendly, walkable community with YMCA, schools, parks and shopping at your doorstep. Quality build by Morningstar Homes. 4 beds and 3 baths over 3 levels including fully finished basement with separate entrance and plumbing RI for easy conversion to future in-law suite. Bright and airy floor plan with separate living/dining/family areas. Walk out kitchen overlooking 16x16 deck, fully fenced, south facing back yard. Master suite, WI closet and ensuite bath plus 2 generous sized kids rooms on the upper level. Flexible basement plan with large rec area, home office, 4th bedroom and storage room. Features include vaulted ceilings, laminate flooring, new paint, LED lighting, insulated garage door and new roof. 2 car garage plus deep drive. (id:48205)

4 Bedroom 3 Bathroom 3014
For sale
$1,529,879
8665 150 STREET, surrey, British Columbia

8665 150 Street

Surrey, British Columbia

Renovated in 2021. ATTN ALL first time home buyers/investors/builders!! to own or build in a PRIME LOCATION. 4 Bedrooms and 4 bathrooms house Sitting on a 7,046 sq.ft. lot, this home is just a few minute walk to the new proposed Surrey SKYTRAIN Station and is close to public transit, grocery stores, banks and schools/parks. The 2 years old kitchen features plenty of cabinets and granite counters. The home features lots of windows allowing natural light all year long. Upstairs has 3 bathrooms & 2 bathrooms. Main floor features a side suite with Separata Entrance. Main floor features are Living room, Kitchen, Dining area, Patio, 2 bathrooms & double garage. Garage has own Full Bathroom. Lots of parking. The west facing back yard. Showing with appointment on Saturday and Sunday- -27 and 28 April ----2-4 Pm. (id:48205)

4 Bedroom 4 Bathroom 1735
For sale Open House
$1,500,000
6536 187A STREET, surrey, British Columbia

6536 187a Street

Surrey, British Columbia

Charming family home on private cul de sac in central Cloverdale. Fantastic neighbourhood steps to schools, shopping & dining. Well maintained with updated laminate flooring on the main level, formal living room & dining room. Central air & cozy gas fireplace. Open concept kitchen, eating area & family room has 2nd gas fireplace. Kitchen boasts extensive granite counters, built in pantry storage & quick access to the patio for barbecues & outdoor entertaining. Upstairs features extensive primary bedroom suite with large walk in closet and personal en suite with deep soaker tub. Bright & welcoming with built in skylight. Private fenced backyard is perfect for kids and pets to play. Loads of parking in the extra long driveway plus a 2 car side-by-side garage. Open House Apr 27 & 28, 1-4pm (id:48205)

3 Bedroom 3 Bathroom 2068
For sale
$1,500,000
6075 165A STREET, surrey, British Columbia

6075 165a Street

Surrey, British Columbia

Gorgeous FOXRIDGE home provides an effortless indoor/outdoor summer lifestyle. Huge great room with 10 ft ceilings, feature fireplace, French doors & sliders that blur the lines between indoors and out. Natural daylight, Hard Wood Flooring, Spacious kitchen, stone island, upgraded appliances(gas range). Proper entry way and inviting lounge. Retreat to the Dreamy Primary bedroom with soaker tub, double sinks & walk-in closet. Finished basement, heat-pump A/C, laundry room with storage for all the backpacks and sports equip. Fenced private yard, massive sundeck, bonus: sunny balcony off the living room. so mush PARKING with 2 car garage PLUS 4 car driveway. Close to parks, rec centre, shops, dining, transit and driving routes. Located on a Quiet culdesac in "Vistas" West Cloverdale. (id:48205)

4 Bedroom 4 Bathroom 2648
For sale
$1,500,000
16110 79 AVENUE, surrey, British Columbia

16110 79 Avenue

Surrey, British Columbia

Hazelwood Hills fabulous home on no through street. Backing on to green space, this home is the perfect opportunity for a young family moving up from a townhome to a single-family home. This home has many updates, to many to list and very well kept. It sits on a large private lot and close to schools and recreation, this location is very central to everything. (id:48205)

3 Bedroom 3 Bathroom 2235
For sale
$1,500,000
5876 184 STREET, surrey, British Columbia

5876 184 Street

Surrey, British Columbia

Investment opportunity! Look no further than this traditional Cloverdale gem right across from École Martha Currie school and just 1.5 km from Lord Tweedsmuir Secondary! Tastefully updated throughout, including a brand new oversized kitchen island with open walls to warm & inviting living space. Clean as a whistle & brand new professionally laid flooring throughout. Upstairs offers large living space up w/ bright kitchen & dining areas, plus 3 bdrms. Downstairs presents a 2 bdrm mortgage helper w modern updates. Bonus features include lane access from the back (potential for laneway building), loads of room for RV, & 24'x12' detached shed. Enjoy the newly built open deck overlooking the generously sized backyard. Don't miss out - schedule your private showing! (id:48205)

5 Bedroom 3 Bathroom 2080
For sale
$1,499,900
6023 187A STREET, surrey, British Columbia

6023 187a Street

Surrey, British Columbia

EAGLECREST- EXECUTIVE NEIGHBORHOOD - WALK TO PARKS, SCHOOL & TRANSIT. 4 BEDROOM, 3 BATH HOME located on Quiet 10,212 sqft Culdesac lot features updated kitchen w/gas range, granite counters, entertainment-size Island w/wet bar sink, pantry. Multiple skylights allow lots of natural light. Other updates inc maple floors, roof (2014) Furnace (Dec 2022), Air conditioning, crown & lighting. Main floor bedroom PLUS huge Rec Room/Craft Room upstairs w/elect Fireplace & extra storage. Primary bedroom boasts full ensuite w/oversize shower & make-up desk. Covered patio/entertainment area off Family room accesses Level, fenced, western exp backyard w/storage shed. Double garage PLUS RV PARKING. (id:48205)

4 Bedroom 3 Bathroom 2422
For sale
$1,499,900
5820 184 STREET, surrey, British Columbia

5820 184 Street

Surrey, British Columbia

Very solid updated rancher with a full u/a basement suite. On a lane and across from Martha Currie School. Lots of parking in front and in the back. High on Cloverdale hill on a large lot. Invest in the future. Excellent property. See floorplan. Lot size 7190 with side lane and back lane. Seller will rent back. 24 hr notice for showing (id:48205)

4 Bedroom 2 Bathroom 2297
For sale
$1,499,888
6085 146 STREET, surrey, British Columbia

6085 146 Street

Surrey, British Columbia

Previous SHOW HOME! Proudly built by Marathon Home in the Highlands at Sullivan Ridge! This Custom Built 6 Bedroom, 3.5 Bathroom Home comes Fully Loaded with New Flooring, Maple Cabinets, Granite Countertops W/ 6 Ft Island, Stainless Steel Appliances & Crown Moulding Throughout! Good size Back Yard, a Fully Finished 2 bedrooms Basement with Separate Entry. Kitchen & Laundry roughed in for potential mortgage helper! Perfectly located to to Sullivan Heights Sec, Goldstone Elementary, and Bell Performing Arts Centre, as well minutes drive to grocery shopping and coffee shops, YMCA and all other amenities. (id:48205)

6 Bedroom 4 Bathroom 3160
For sale
$1,499,880
5995 176 STREET, surrey, British Columbia

5995 176 Street

Surrey, British Columbia

SEIZE THIS OPPORTUNITY for re-zoning and land assembly Mixed use Multifamily project... Attention Developers, Builders & Investors! This 4 Bedroom & 2.5 Bathroom 2,011 sqft immaculate home has been updated over the years with laminate flooring, hot water tank, newer roof, furnace, & covered patio! Perfect to rent out while waiting for approval from the City neighboring homes rented for $4k/month. Check with the City regarding future development potential as this prime corner lot is designated multi-family in Cloverdale Town Centre plan. Neighboring properties are a 5 storey mixed multi-family with neighborhood commercial on the main floor plus 42 residential units. Call today! Opportunity is knocking to be a part of this exciting investment opportunity! (id:48205)

4 Bedroom 3 Bathroom 2011
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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