CLOVERDALE GEM! Exceptional opportunity on a prime 7,380 sq. ft. corner lot with over 2,900 sq. ft. of living space. The fully renovated upper level features a bright open-concept layout, updated kitchen, and modern finishes throughout. A rare find, this income-producing property offers 3 self-contained suites, providing excellent mortgage-helping income and flexibility for investors, first-time buyers, or multi-generational families. With ample parking and strong rental potential, this property is the complete package. Conveniently located just steps from schools, parks, shopping, restaurants, recreation, and transit. A turn-key property with multiple income streams in one of Cloverdale's most desirable neighbourhoods. Book your private showing today!
Property details
7
Beds
6 full
Baths
2,932 ft²
Floor area
7,380 ft²
Lot size
1972
Year built
2
Storeys
8
Parking
$5,011/yr
Gross tax
Location & structure
Single Family Residence
Type
Finished
Basement
Yes
Garage
No
Carport
2
Fireplaces
Cloverdale
Area
Cloverdale BC
Sub-area
Basement Entry
Style
Style
Basement Entry
Basement
Finished
Structure
Residential Detached
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Forced Air
Parking
Garage Double, RV Access/Parking, Front Access, Rear Access, Garage Door Opener
Additional details
Levels
Two
Entry
Exterior Entry
Main floor (ground)
1,117 ft²
Tax year
2025
Listed by Sutton Premier Realty. Data from BCRES. Last updated Jul 9, 2026, 5:57 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $279,800 down (20%) on $1,399,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 407 listings
Detached
217
53.3%
Townhouse
113
27.8%
Condo / Apartment
37
9.1%
Land
24
5.9%
Duplex
8
2.0%
Other
8
2.0%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Surrey · 210 dwellings
Single-detached100 · 47.6%
Row house85 · 40.5%
Apartment in duplex15 · 7.1%
Semi-detached5 · 2.4%
Low-rise apartment5 · 2.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152317· Surrey· Transit 76/100 (212m to frequent)· 0.19 km²
Median rent here
$1,700
Owner shelter cost
$1,760
Renters
22.9%
30%+ on shelter
22.4%
Population (2021)
698
Median age
41.2
Avg household size
3.0
Avg household income
$109,000
Renters
22.9%
Owners
79.2%
Immigrants
27.5%
Post-secondary
45.9%
Avg home value
$735,000
Single status
25.7%
Not in labour force
27.1%
Households with kids
47.6%
Median rent
$1,700
Owner shelter cost
$1,760
30%+ on shelter
22.4%
Breakdown
$25,000 to $29,999
5
2.6%
$35,000 to $39,999
5
2.6%
$40,000 to $44,999
5
2.6%
$45,000 to $49,999
10
5.1%
$50,000 to $59,999
5
2.6%
$60,000 to $69,999
15
7.7%
$70,000 to $79,999
10
5.1%
$80,000 to $89,999
15
7.7%
$90,000 to $99,999
10
5.1%
$100,000 to $124,999
30
15.4%
$125,000 to $149,999
40
20.5%
$150,000 to $199,999
35
17.9%
$200,000 and over
10
5.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152317).
Market story
Rent in Surrey
Census 2021 avg $1,700/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
