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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
$1,699,000
8674 152 STREET, surrey, British Columbia

8674 152 Street

Surrey, British Columbia

**DEVELOPERS/INVESTORS ALERT **--- Large, flat 10,046 SF lot (70'x144') situated in the FLEETWOOD PLAN - Proposed to be rezoned as Townhouse Development. House is a lovely rancher - 3 bedrooms, 1.5 bathrooms + 2bedroom mortgage helper, beautifully renovated. Has a storage shed. Short walk to vibrant town shopping center, future sky train station, specialty shops, supermarkets, good restaurants. School catchment: Coyote Creek Elem, Fleetwood Park Secondary. (id:48205)

5 Bedroom 3 Bathroom 1568 sqft
For sale
$1,699,000
8723 147 STREET, surrey, British Columbia

8723 147 Street

Surrey, British Columbia

Located in the highly sought after Green Timbers neighborhood of Surrey, this beautiful home has been renovated and updated to offer exceptional living. Situated on a spacious lot of approximately 8788 sqft on a quiet street, the house featured with generous sized living, dining and kitchen area. Upstairs, there are 3 bedrooms and 2 full bathrooms, while the basement includes one separate suite of 4 bedrooms, with its own laundry facility. (id:48205)

7 Bedroom 3 Bathroom 2700
For sale
$1,699,000
6074 188 STREET, surrey, British Columbia

6074 188 Street

Surrey, British Columbia

Nicely remodeled 4 bedroom 3 baths Cloverdale residence. Move-in-ready home with a large foyer drawing you towards your stunning main. Kitchen features black LG appliances, quartz counters & ample custom storage with contrasting wood accents leading to a generous balcony overlooking the fully fenced yard. Laminate flooring flows into sunlit bedrooms alongside beautifully refreshed, spa-like bathrooms. Lower level has a family room highlighted by a stone-covered fireplace. Separate entry 1BR 1BTH creating multiple living options, can be converted to 2 br. Central location. Close to shops, park and best schools Latimer Heights Elementary and Clayton Heights secondary. Future Cloverdale Hospital, Cloverdale Sport and Ice Complex & Willowbrook Shopping also nearby.***Potentials of another suite or daycare or subdivision.**** Nice cozy home to live. OPEN HOUSE MAY 19, SUNDAY 2-4 PM (id:48205)

4 Bedroom 3 Bathroom 2481
For sale
$1,699,000
7752 146 STREET, surrey, British Columbia

7752 146 Street

Surrey, British Columbia

Located in Chimney Heights (East Newton) 8 bedrooms with 6 full washroom-quite family neighborhood- upstairs has 4 bdrm and 3 full washroom with 1 bedroom on main with full washroom- spice kitchen on main. Basements have 2 suites 2+1 are rented to long term tenants- hot water tank replaced recently- close to Chimney Hill Elementary School. (id:48205)

8 Bedroom 6 Bathroom 4230
For sale
$1,695,000
14756 80A AVENUE, surrey, British Columbia

14756 80a Avenue

Surrey, British Columbia

Perfect home for your family. 8 bedroom 5 FULL BATHROOMS. Short walk to both elementary and high schools in a very family-orientated neighborhood. There is plenty of privacy with the backyard backing onto a quiet serene greenspace. This home also sits on one of the bigger lots in the neighborhood at 6200 sqft. The yard is landscaped with minimal maintenance in mind and there is lots of flexibility with an enormous well-appointed, walk out 3 bedroom basement ready to rent. (id:48205)

8 Bedroom 5 Bathroom 3487
For sale
$1,690,000
15340 87A AVENUE, surrey, British Columbia

15340 87a Avenue

Surrey, British Columbia

Rare opportunity to acquire a potential Townhome development site in the desirable Fleetwood neighborhood. LOCATED on a very quiet street. FLAT lot: 7254 sq ft (61x119). SPLIT Entry Home: 2 bdrms up/1 bath, & 1 large bdrm & a renovated bathroom below. Fenced rear yard with garden shed + LARGE insulated storage shed. Lots of parking. Prime location, with a 5-minute walk to future Surrey-Langley Skytrain Extension line station. 5-10 minutes walk to shopping/mall/stores. Offer as it comes. (id:48205)

4 Bedroom 2 Bathroom 1585
For sale
$1,689,900
6866 184A STREET, surrey, British Columbia

6866 184a Street

Surrey, British Columbia

LARGE 2 STOREY W/ FULLY FINISHED BSMT INCL. UNAUTH SUITE W/ SEP ENTRY + OPTION FOR 2ND SUITE. Beautiful home in quiet cul-de-sac w/ A/C! Detailed finishing's complete w/ coffered ceilings, crown mouldings, quality flooring & HUGE Entertainers Kitchen w/ tons of cabinetry, granite counters, gas range & SS appliances! Traditional floorplan feat; gorgeous lving room w/ Lrge windows for lots of light, family rm off kitchen + Bdrm on main too! Above fin. w/generous sized Bdrms incl. ensuites + lrge walk-ins too! Your Bsmt feat; Unauth Suite w/Quality finishings. Keep 2 Bdrms for upstairs use OR use for additional suite space! A home that offers max space for the whole family! Great yard & gorgeous deck + backs onto Greenbelt too! Close Schools, Parks & Restaurants. (id:48205)

8 Bedroom 6 Bathroom 3881
For sale
$1,688,000
8208 149 STREET, surrey, British Columbia

8208 149 Street

Surrey, British Columbia

Nestled in SHAUGHNESSY HEIGHTS ESTATE, a sun-filled home providing ample space for comfortable living. You'll find Open concept renovated kitchen with overssized island, and large windows in the dinning area. Kitchen offers a brand new cooking stove and lots of space for pantry. Office/Den on the main floor can be used for the 5th bedroom. Upstairs has 4 large bedrooms including master with ensuite bathroom and walk in closet. Make an appointment today to schedule a private viewing. (id:48205)

4 Bedroom 3 Bathroom 3065 sqft
For sale
$1,688,000
6125 175A STREET, surrey, British Columbia

6125 175a Street

Surrey, British Columbia

Amazing location, huge 8,300 sq. ft. CORNER lot. FULLY RENOVATED HOME . All renovations completed in April 2024.Main floor consists of 4 bedrooms with 2 bathrooms & Modern Open concept Kitchen opening to a beautiful and large patio to spend a nice evening with your loved ones. This home comes with Two mortgage helper suites (2+2) . Nestled in a prime Cloverdale neighborhood a few steps from school, Shopping and Baseball Park & a few blocks away from Cloverdale Rec Centre . Huge yard perfect for the kids or entertaining. There is tons of parking available from the front or sides, being the advantage of a corner lot. Tremendous Development potential with upcoming rezoning plans of the city to increase density (do your due diligence on this).OPEN HOUSE 3pm to 5pm on Saturday & after that with appointment anytime. Easy to show (id:48205)

8 Bedroom 4 Bathroom 2184 sqft
For sale
$1,688,000
17390 58A AVENUE, surrey, British Columbia

17390 58a Avenue

Surrey, British Columbia

Excellent Rental Income!! Renovated basement entry home with 2 rental suites (2+2) minutes from Cloverdale downtown. Upper floor has a spacious living/dining room, 2 bedrooms, 1 primary room with ensuite and a bright kitchen with upgraded appliances. Main area has a massive family room plus a 2 bedroom rental suite. This home also offers a 2 bedroom detached coach home with separate laundry built in. This home is a must see. Please call for appointments. (id:48205)

7 Bedroom 4 Bathroom 2878 sqft
For sale
$1,688,000
8623 147A STREET, surrey, British Columbia

8623 147a Street

Surrey, British Columbia

lovley sought after family home sits on a tranquil 7,091 sf cu-de-sac lot, backing onto a greenbelt, Enjoy quiet time and the sounds of birds and flowers, friendly neighbours, 150 sf sunroom (not included in total square footage). Huge sundeck off spacious kitchen upstairs. central vacuum, Upgrades to the entire home including windows, roof, gutters, hi-efficiency furnace, granite counters, hardwood floors, interior & exterior paint. a 2-bdrm + den walk-out basement suite with the radiant kitchen floor, good mortgage helper.make an appointment now! (id:48205)

5 Bedroom 3 Bathroom 2814 sqft
For sale
$1,680,000
14563 76 AVENUE, surrey, British Columbia

14563 76 Avenue

Surrey, British Columbia

Desirable sought after Chimney Hill development! 3781' Craftsman styled family home with attention to detail situated on a 4135' lot. Stunning traditional floor plan with chefs kitchen, granite countertops/S appliances adjoining great room and oversized covered patio perfect for entertaining or family gatherings 1 bed/office on main. 4 bedrooms up all with spa like en-suites. Basement features 2 suites, 1-2 bed 1-studio apt both with private entrances. Exterior just painted, move in ready! Central location walking distance to transit, schools, shopping & Sikh Temple. (id:48205)

7 Bedroom 6 Bathroom 3781 sqft
For sale
$1,679,000
16337 61A AVENUE, surrey, British Columbia

16337 61a Avenue

Surrey, British Columbia

RARE 2 storey with BSMNT home backing on to GREENBELT. Picture yourself relaxing on a large private deck, surrounded by lush greenery in this stunning Foxridge home in West Cloverdale, ideally located on a quiet no thru street. With 3500 sqft of living space, including a fully finished walk-out basement (suite potential), it 's perfect for entertaining. The main floor features an open great room with 10 ft ceilings and a functional dining room with oversized windows that frame the natural surroundings. Upstairs, enjoy a spacious primary bedroom with vaulted ceilings, 5 piece ensuite, and his-and-her closets. Additionally, two well appointed bedrooms, connected by a Jack-and-Jill bathroom, round out the upper floor. Make your dream of peaceful, nature inspired living a reality. (id:48205)

4 Bedroom 4 Bathroom 3576 sqft
For sale
$1,675,000
14919 58A AVENUE, surrey, British Columbia

14919 58a Avenue

Surrey, British Columbia

This exquisite home is beautifully and thoughtfully updated with quality in mind. The amazing kitchen boasts an oversized island that seats 8, a gas range, stone counters, and an abundance of cabinets. The updates extend to the flooring, fireplace stonework, and remodeled bathrooms, to name a few, creating a living space perfect for any family. Modern comforts are ensured with a new furnace and AC, along with a new roof, gutters, and EV charger outlet. Step out and enjoy the landscaped backyard oasis featuring a composite deck and a gas line for BBQs. A bright and brand-new 2-bedroom suite offers a fresh, never-before-occupied living space. Pride of ownership shines throughout this home, leaving nothing to do but move in and enjoy the luxury and comfort it offers. OH Sun, May 26th, 2-4p. (id:48205)

5 Bedroom 4 Bathroom 3026 sqft
For sale
$1,669,000
14534 85A AVENUE, surrey, British Columbia

14534 85a Avenue

Surrey, British Columbia

This home in Bear Creek features 7 bedrooms and 5 full bathrooms and office with full bathroom. Including two suites 2 bedroom each great mortgage helper. Lots of updates with brand new kitchen, new bathrooms, flooring, new washer and dryer. This home is located within walking distance to transit, close to all level of school, grocery stores, Gurudwara Sahib, church and temple. Call for more info. (id:48205)

7 Bedroom 5 Bathroom 3070 sqft
For sale
$1,650,000
14781 88 AVENUE, surrey, British Columbia

14781 88 Avenue

Surrey, British Columbia

INVESTOR ALERT. Possible future development potential in the proposed future Fleetwood Plan. 5 Bedrooms and 3 bathroom 7183sqft property in prime location. Hold as a income generating property with a 2 Bedroom suite and a one bedroom suite both with their own access. Lane access with lots of parking. Shopping and transit close by. (id:48205)

5 Bedroom 3 Bathroom 2610
For sale
$1,649,999
16791 16 AVENUE, surrey, British Columbia

16791 16 Avenue

Surrey, British Columbia

Welcome to your new home in Grandview Heights. This home has a large open floor plan, a wet bar, air conditioning and is loaded with extra features. You will find 3 large bedrooms upstairs, with a big master bedroom with an ensuite. The main floor is open concept with patio doors that open to your back yard. Lots of sunlight in these south facing homes. There is also a den which can be used as an office on the main floor. Below you will find a two bedroom legal suite and an extra bedroom with closet which can be used as a media room as well! 3 car parking! Minutes to highway, new school coming, shopping and restaurants are 5 minutes away... this home has it all. (id:48205)

6 Bedroom 4 Bathroom 2866 sqft
For sale
$1,649,900
14605 67B AVENUE, surrey, British Columbia

14605 67b Avenue

Surrey, British Columbia

WELCOME HOME! Beautiful 7 BED 6 BATH Corner family home in a quiet neighborhood of East Newton. Main floor features high ceilings, a chefs kitchen with solid maple cabinets, granite countertops, S/S appliances + large island overlooking living room. Adjacent to that is dining, family room, den/office & powder room. Top floor has 4 large bedrooms, all with bathroom access including a king size master with walk-in closet and 5 piece ensuite. Downstairs has large bright above-ground 2 bedroom suite + huge flex room, bedroom and full bath that was renovated. Lots of updates over the past few years. Lane access to double garage with room to park 4 cars in the driveway! Call now for your private showing. Hurry wont last. (id:48205)

7 Bedroom 6 Bathroom 3715 sqft
For sale
$1,649,000
6038 145 STREET, surrey, British Columbia

6038 145 Street

Surrey, British Columbia

Welcome to your new home in Sullivan Heights! This meticulously maintained residence boasts 4 bedrooms plus a den, 3 full bathrooms including an ensuite and powder room, and a fully finished 1-bedroom basement with a separate entry, offering ample space and versatility. Perfect for families, it's conveniently located just minutes from Sullivan Heights Secondary, Goldstone Elementary, and a plethora of amenities including the Bell Performing Arts Centre, YMCA, and shopping destinations, ensuring a vibrant and convenient lifestyle for you and your loved ones. Don't miss out on the opportunity to make this Sullivan Heights gem your own! (id:48205)

4 Bedroom 4 Bathroom 3445
For sale Open House
$1,639,000
14567 60A AVENUE, surrey, British Columbia

14567 60a Avenue

Surrey, British Columbia

Welcome to this beautifully appointed home that radiates a warm and inviting atmosphere. It features a spacious layout with a large living room, dining area, 4 BDs up and a den, ideal for both gatherings and quiet moments. The gourmet inspired kitchen, the heart of the home, is bright and cheerful with white cabinetry, an eye-catching backsplash, new gas stove, additional pantry space and a large island making it a chef's dream. New furnace, 240V plug in double garage, add to the comforts of this home. A resort-like backyard oasis, complete with the tranquil sounds of a flowing fountain, easy care turf, covered patio and deck and a gas hookup for ultimate outdoor entertaining. A well laid out 2 BD suite with laundry adds to this home's value and versatility. OH June 2nd, Sunday, 3-5 p.m. (id:48205)

6 Bedroom 4 Bathroom 2994 sqft
For sale Open House
$1,638,000
8288 153B STREET, surrey, British Columbia

8288 153b Street

Surrey, British Columbia

Fantastic Fleetwood location. This 4 bedroom, 4 bathroom, 2609 sf family home sits on a 8398 sf lot, at the end of a cul de sac , and is in immaculate condition. Recent updates include hardwood flooring, bathrooms, paint, and 8 year old roof. Beautiful vaulted ceilings and crown mouldings. Bonus 160 sf home office with separate entrance and powder room is perfect for your home based business. Backyard oasis with mature trees and grape vines. Open house June 1 2-4PM. (id:48205)

4 Bedroom 4 Bathroom 2717 sqft
For sale Open House
$1,599,999
6102 163 STREET, surrey, British Columbia

6102 163 Street

Surrey, British Columbia

WELCOME TO YOUR NEW HOME! This BREATHTAKING Foxridge family home is perfectly located on a corner lot of a quiet street, situated facing green belt in the highly desirable West Cloverdale neighbourhood! Offering 4 bathrooms and 4 bedrooms featuring a HUGE primary suite complete with walk-in closet, double vanity sinks & incredible rainfall shower. You are sure to be impressed with the OPEN CONCEPT living spaces, stainless steel appliances, granite countertops, and hardwood flooring! The wow factor continues in your manicured backyard to enjoy coffee or a drink in your own oasis. All of this in a fantastic location close to great schools, parks and more.BONUS: A/C! Call now to view! (id:48205)

4 Bedroom 3 Bathroom 3157 sqft
For sale Open House
$1,599,999
14635 76 AVENUE, surrey, British Columbia

14635 76 Avenue

Surrey, British Columbia

6 Bedrooms and 6 washrooms house in Chimney Hill area 3730 sq. ft built area on 4000 sq ft lot in most desirable area of East Newton location! Supreme finishing, full attention to detail/craftmanship w/creative finest interior decor provides an ultimate feeling of luxurious comfort of mixed classic and modern living, open floor plan. Top floor has 4 bedrooms and 3 full baths, Whirlpool top of the line S/S appliances, marvelous maple kitchen & spice kitchen w/granite counter. Quality drapery and blinds. Drop ceiling with lots of pot lights, expensive crystal chandelier and fans in every room. Basement has 2 bed plus full bath & a theatre room/downstairs with bath and fenced backyard for summer enjoyment. Double car garage. (id:48205)

6 Bedroom 6 Bathroom 3730 sqft
For sale
$1,599,800
15058 61B AVENUE, surrey, British Columbia

15058 61b Avenue

Surrey, British Columbia

Welcome to this beautiful home ,cherished by its original owners .Nestled in desirable Sullivan Station neighbourhood , this residence exudes warmth and charm. The high ceilings create and airy ambiance , enhancing the spaciousness of each room. A sunlit southern private backyard perfect for hosting gatherings. Stunning kitchen featuring a gas range, abundant cabinets and a spacious island . Master bedroom boasting vaulted ceilings and a luxurious spa like ensuite.Fully finished basement with one bedroom & den suite with it's own laundry. There is also a large rec room with tons of natural light and many possibilities. Double garage plus driveway parking. Conveniently located close to Cambridge Elementary school , transit , shopping .Be sure to check this one out ! Open House Sun 2-4pm (id:48205)

4 Bedroom 4 Bathroom 3183 sqft
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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