Cloverdale Condos for Sale

Written by Jared Gibbons, REALTOR®

For condo buyers in Cloverdale and Clayton, I read the Form B and the bylaws with you before you firm up an offer. I've been a REALTOR® since 2015 and a member of the Fraser Valley Real Estate Board's Medallion Club for 10 straight years, which puts me in the top 1% of all Realtors in the Fraser Valley by FVREB sales. I'm #1 in South Surrey/White Rock by MLS points for 2025 and 2026 year to date, with more than $500M in sales.

Summary

This page shows apartment-style condos for sale in Cloverdale, one of the City of Surrey's communities. In Paragon, the MLS® system local REALTORS® use, Cloverdale is a sub-area of Surrey, and it takes in Clayton as well as the historic town centre. The feed covers every price, so it shows more than my Cloverdale condos under $800K page, which is set to one price band.

About Cloverdale

Cloverdale is in the City of Surrey, so Surrey's bylaws and plans apply, not Langley's, even on streets close to the border. Condo buildings sit near the town centre and in Clayton on the north side. To learn the area street by street, read my Cloverdale guide and my Clayton guide.

What you own when you buy a condo

A condo in BC is a strata lot. You own your unit, and you share the common property, such as the roof, halls, parkade and grounds, with every other owner through the strata corporation. The strata corporation is run by an elected council, sets the strata fees and makes the bylaws that every owner has to follow. Some parts of the building can be limited common property, like a balcony or a parking stall set aside for one unit, so read the strata plan to see what goes with the unit you're looking at.

The Form B

The Province says the Form B: Information Certificate discloses information about a strata lot and the strata corporation. An owner, a buyer or someone they authorize can ask for it, and the strata corporation has to provide it within 7 days. It shows the monthly strata fees, anything the owner still owes the strata, approved special levies, and how much is in the contingency reserve fund. It also comes with the current budget, the rules, and the most recent depreciation report if there is one. The Province also says newer Form Bs include summaries of the strata's insurance and electrical planning reports.

Depreciation reports

In BC, strata corporations with five or more strata lots must get a depreciation report, and they get it on a five-year cycle. The report lists the common property and assets and projects repair, maintenance and replacement costs over 30 years. Read it alongside the contingency reserve fund balance in the Form B. Together they show whether the building has planned for big items such as a roof, windows or a parkade membrane.

Minutes and other records

Owners and buyers can ask the strata for records such as council meeting minutes and annual general meeting minutes. Minutes often show what the building has been talking about before it turns into a special levy. Look for repeated mentions of leaks, insurance claims, elevator work or envelope repairs.

Before you buy a Cloverdale condo

• Get the Form B and read every attachment, including the budget and depreciation report.
• Read the bylaws and rules, and ask for the last two years of minutes.
• Check the strata plan for the unit, the parking stall and the storage locker.
• Ask about the insurance deductibles, since owners can be responsible for part of a claim.
• Confirm the strata fee and what it covers.
• Ask about pet bylaws, since they can limit pets and don't show up on MLS®.

For current figures, see my Fraser Valley Market Stats page. If you want more space and a ground-level entry, my Cloverdale townhomes for sale page lists those. You can also find condos with open houses this weekend on my Cloverdale open houses page.

How I help condo buyers

I read the Form B, the depreciation report and the minutes with you, and I point out anything worth asking the strata or a lawyer about. I also check the strata plan so you know which parking stall and locker come with the unit. That review happens before you remove subjects, while you can still walk away.

Cloverdale Condos FAQs

1. What is a condo in BC? A condo is a strata lot. You own your unit and share the common property with the other owners through the strata corporation.

2. Is Clayton part of Cloverdale? Yes. Clayton is in the Cloverdale community of the City of Surrey, and Paragon lists it under the Cloverdale sub-area.

3. What is a Form B? The Form B: Information Certificate discloses information about a strata lot and the strata corporation, including strata fees, approved special levies and the contingency reserve fund.

4. How fast does the strata have to provide a Form B? The strata corporation has to provide the Form B within 7 days of a request from an owner, a buyer or someone they authorize.

5. Does every condo building have a depreciation report? Strata corporations with five or more strata lots must get one on a five-year cycle. The most recent report, if any, is attached to the Form B.

6. What does a depreciation report cover? It lists the common property and assets and projects repair, maintenance and replacement costs over 30 years.

7. How is this page different from the condos under $800K page? This page shows Cloverdale condos at every price. The under $800K page is set to one price band.

Nearby areas & related pages

• Cloverdale homes for sale
• Clayton homes for sale
• Cloverdale neighbourhood guides
• Cloverdale houses for sale
• Cloverdale half duplexes for sale
• Cloverdale condos under $800K

Talk to me

Call or text me at 604-928-1361, or send me a message. I usually reply the same day, often within a couple hours.

Selling? Get a free home evaluation and I'll tell you what your home could sell for.