Home New Westminster, BC Downtown NW First & Royal 407 82 First Street

407 82 First St, New Westminster BC - Apartment/Condo for Sale - MLS# R3138035

59 days on the market

$499,000

Est. Mortgage $2,208/mo

Listing updated: Jul 24, 2026 at 10:40pm

EstateBlock checked: Aug 20, 2026 at 02:30pm

First & Royal

1 Beds

1 Baths

505 sqft

988 $ /sqft

257.96 $ Maint. fee

2026 built

59 days on the market

$499,000

$519,900

Est. $2,208/mo with 20% down

Listing updated: Jul 24, 2026 at 10:40pm

EstateBlock checked: Aug 20, 2026 at 02:30pm

Photos

Exterior Front Photo of 407 82 First Street, New Westminster, BC

Exterior Rear Photo of 407 82 First Street, New Westminster, BC

Living Room Photo of 407 82 First Street, New Westminster, BC

Family Room Photo of 407 82 First Street, New Westminster, BC

Dining Area Photo of 407 82 First Street, New Westminster, BC

Kitchen Photo of 407 82 First Street, New Westminster, BC

Kitchen Island Photo of 407 82 First Street, New Westminster, BC

Pantry Photo of 407 82 First Street, New Westminster, BC

Breakfast Nook Photo of 407 82 First Street, New Westminster, BC

Primary Bedroom Photo of 407 82 First Street, New Westminster, BC

Welcome to First & Royal by Areva Developments, a well-designed 1 bedroom home with an open living space. Featuring a light, modern colour scheme, this residence includes heat pump AC (with an additional cooling/heating unit in the bedroom), Samsung appliance package, and a smart layout that maximizes comfort and efficiency. Complete with 1 EV ready parking stall and 1 storage locker, this home is perfect for first time buyers and investors! Stunning amenities include a rooftop deck with a lounge area, gym, indoor movie theatre, co-working space, party room, dog play zones, and communal garden plots!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	0
Heating Type	Forced Air
Cooling	Central Air, Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Playground, Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$499,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	505
Year Built	2026
Age Of Building	0
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name	First & Royal
Ownership Type	Freehold Strata
Maintenance Fee	$257.96
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Yes With Restrictions
Rental Suites	None

Lot & Land

MLS^® #	R3138035
Area	New Westminster
Neighbourhood	Downtown NW
City	New Westminster
Postal Code	V3L 0L8
Gross Taxes	$697.22
Zoning	APT

Property Timeline

Status	Date	Price
R3138035 / Active	06-22-2026	$499,000

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	10'10 x 10'10 ft
Main Level	Living Room	9'11 x 9'11 ft
Main Level	Dining Room	9'11 x 9'11 ft
Main Level	Primary Bedroom	9'4 x 9'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: RE/MAX Westcoast & RE/MAX Westcoast

NOTE: 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 Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
Al-Hidayah School: Average 0.67 km 4/10
Elementary,Secondary
Compass Christian New West: Average 0.74 km 6.4/10

Closest Transit

Bus Stop
Westbound Royal Ave @ 1st St: 0.04 km
Skytrain
Skytrain @ Columbia Stn: 0.58 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Average 28.2%
No Certificate/Degree: Below Average 9.8%
Owner Occupied: Above Average 80%
Employment Rate: Below Average 39.1%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $488,022

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.58 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN NW compares

This property

59 DOM

Slower than area

Downtown NW avg

30 DOM

Average

New Westminster avg

30 DOM

Faster market

407 82 First Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.2% above comparable active properties in Downtown NW. The local market is currently a Balanced Market with a sales-to-active ratio of 13.9% and an area average of 30 days on market — conditions are balanced. With only 397 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3L 0L8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 0L8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (36 nearby)

Beach house tanning · 509 m · Beauty Shop
Anim hair & beauty studio · 597 m · Beauty Shop
Guardian · 657 m · Pharmacy

Restaurants (18 nearby)

Victoria sushi · 504 m · Restaurant
Taverna greka · 524 m · Restaurant
L'onore pizza · 620 m · Restaurant

Groceries (11 nearby)

Bc liquor store · 479 m · Beverages
Victoria hill market · 511 m · Convenience
The met liquor store · 628 m · Beverages

Cafes (8 nearby)

Mira caffe · 641 m · Cafe
Cocoaro · 733 m · Cafe
Coasters coffee · 745 m · Cafe

Transit (2 nearby)

Skytrain @ columbia stn station · 580 m · Transit
Bus stop southbound 6th st @ 4th ave · 984 m · Transit

Healthcare (1 nearby)

Guardian · 657 m · Healthcare

Schools NearBy

26 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 670 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 738 m
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 1.02 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.05 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.11 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.17 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.20 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 1.25 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 1.52 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 1.77 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 1.90 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.95 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.96 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.00 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.01 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.08 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.26 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.43 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.46 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.62 KM
Urban Academy Junior	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 2.68 KM
Urban Academy Senior	Independent	Grades Served —	Catchment Info —	8.8 / 10	Distance 2.68 KM
Home Learners Program	Public	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.74 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.75 KM
St.Michaels School	Independent	Grades Served K-7	Catchment Info —	0	Distance 2.98 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.99 KM

Pre-computed routes from 407 82 First St, New Westminster, BC

407 82 First St, New Westminster, BC Columbia 0.6 km

40 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Columbia → Waterfront
40 min
Metrotown, Burnaby via Columbia → Metrotown
22 min
SFU Burnaby via Columbia → Production Way
20 min
Richmond Centre via Columbia → Brighouse
65 min
YVR Airport via Columbia → YVR-Airport
66 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
21 min
Metrotown, Burnaby via Lougheed Hwy
9 min
SFU Burnaby via Gaglardi Way
6 min
Richmond Centre via No. 3 Rd
21 min
YVR Airport via Bridgeport / Sea Island
24 min

Calculate your commute

407 82 First St, New Westminster, BC is ideally located for commuters. The property is 0.6 km from Columbia, with a 40 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Royal Ave @ 1st St (0.04 km).

Walkability & Transit Near 407 82 First Street

Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 407 82 First Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $58

Maintenance fee 257.96

With a 20% down payment, buyers can expect an estimated $2,222/month in total housing costs on this $499,000 property — $1,906 mortgage payment, $58 property tax, $258 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Jul 24, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $1,952/month estimated rent and $2,280/month in total housing costs, this property has a -$328/month cashflow. Break-even down payment: approximately 34%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 407 82 First Street, New Westminster

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.