The perfect blend of smart design and outdoor living! This brand-new 2 Bed | 2 Bath home at First & Royal by Areva Developments offers one of the building's most functional layouts, with virtually no wasted space and thoughtfully designed living throughout. The bright open-concept interior flows seamlessly onto an extra-large balcony—ideal for entertaining, relaxing, or creating your own outdoor oasis. Enjoy contemporary finishes, Samsung appliances, and heat pump A/C for year-round comfort. Complete with 1 EV-ready parking stall and 1 storage locker. Exceptional amenities include a rooftop lounge, fitness centre, theatre, co-working space, party room, dog play areas, and community gardens. A standout opportunity in one of New Westminster's newest communities.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator, Storage |
| Fireplace | 0 |
| Heating Type | Heat Pump |
| Cooling | Central Air, Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Torch-On |
| Structures | Multi Family, Residential Attached |
| Price | $699,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 815 |
| Year Built | 2026 |
| Age Of Building | 0 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Management, Snow Removal |
| Building Name | First & Royal |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $411.64 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Management, Snow Removal |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Under Building, Rear Access, Garage Door Opener |
| Total Parking Spaces | 2 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Yes With Restrictions |
| Units In Development | 187 |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R3145592 |
| Area | New Westminster |
| Neighbourhood | Downtown NW |
| City | New Westminster |
| Postal Code | V3L 0L8 |
| Gross Taxes | 0 |
| Zoning | APT |
| Status | Date | Price |
|---|---|---|
| R3145592 / Active | 07-13-2026 | $699,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 6'0 x 6'0 ft |
| Main Level | Living Room | 11'9 x 11'9 ft |
| Main Level | Dining Room | 11'9 x 11'9 ft |
| Main Level | Kitchen | 11'1 x 11'1 ft |
| Main Level | Primary Bedroom | 11'11 x 11'11 ft |
| Main Level | Walk-In Closet | 8'4 x 8'4 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp. & Key Marketing
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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
423 82 First Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.2% below comparable active properties in Downtown NW, which is a strong competitive signal. 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.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
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.
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.
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.
26 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Al-Hidayah School |
Independent |
Grades Served—
|
Catchment Info—
|
4.0 / 10 |
Distance670 m
|
Compass Christian New West |
Independent |
Grades Served—
|
Catchment Info—
|
6.4 / 10 |
Distance738 m
|
New Westminster Online Schools |
Public |
Grades Served—
|
Catchment Info—
|
0 |
Distance1.02 KM
|
Purpose Independent Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
4.0 / 10 |
Distance1.05 KM
|
Fraser River Middle |
Public |
Grades Served—
|
Catchment Info—
|
5.8 / 10 |
Distance1.11 KM
|
Herbert Spencer Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
6.9 / 10 |
Distance1.17 KM
|
Ecole Glenbrook Middle School |
Public |
Grades Served—
|
Catchment Info—
|
6.5 / 10 |
Distance1.20 KM
|
Royal City Alternate Program |
Public |
Grades Served8-11
|
Catchment Info—
|
0 |
Distance1.25 KM
|
POWER Alternate Secondary School |
Public |
Grades Served10-12
|
Catchment Info—
|
4.8 / 10 |
Distance1.52 KM
|
John Knox Christian - Secondary Campus |
Independent |
Grades Served—
|
Catchment Info—
|
9.2 / 10 |
Distance1.77 KM
|
Skwo:wech |
Public |
Grades Served—
|
Catchment Info—
|
7.2 / 10 |
Distance1.90 KM
|
F W Howay Elementary |
Public |
Grades Served—
|
Catchment Info—
|
7.8 / 10 |
Distance1.95 KM
|
Sigma |
Public |
Grades Served—
|
Catchment Info—
|
4.6 / 10 |
Distance1.96 KM
|
New Westminster Secondary School |
Public |
Grades Served9-12
|
Catchment Info—
|
6.7 / 10 |
Distance2.00 KM
|
Lord Kelvin Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
5.7 / 10 |
Distance2.01 KM
|
New Westminster Continuing Education |
Public |
Grades Served—
|
Catchment Info—
|
6.7 / 10 |
Distance2.08 KM
|
John Knox Christian - Elementary Campus |
Independent |
Grades Served—
|
Catchment Info—
|
9.3 / 10 |
Distance2.26 KM
|
Twelfth Avenue Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.9 / 10 |
Distance2.43 KM
|
Cariboo Hill Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
6.3 / 10 |
Distance2.46 KM
|
St. Thomas More Collegiate |
Independent |
Grades Served—
|
Catchment Info—
|
8.3 / 10 |
Distance2.62 KM
|
Urban Academy Junior |
Independent |
Grades Served—
|
Catchment Info—
|
9.0 / 10 |
Distance2.68 KM
|
Urban Academy Senior |
Independent |
Grades Served—
|
Catchment Info—
|
8.8 / 10 |
Distance2.68 KM
|
Home Learners Program |
Public |
Grades Served—
|
Catchment Info—
|
10.0 / 10 |
Distance2.74 KM
|
Armstrong Elementary |
Public |
Grades Served—
|
Catchment Info—
|
7.3 / 10 |
Distance2.75 KM
|
St.Michaels School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
0 |
Distance2.98 KM
|
Lord Tweedsmuir Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.1 / 10 |
Distance2.99 KM
|
Calculate your commute
423 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). Walk Score Transit rating: Excellent Transit (78/100).
Buy Vs Rent Calculator
Rent vs own
—
Based on 15 comparable active apartments/condos in Downtown NW, the average asking price is $707,422. This listing is priced 1.2% below the neighbourhood average.
Potential Cashback for this listing if you buy with us
to track your cashback progress
Buy with us & save on this property
$700,000
1002 47 Agnes Street, New Westminster, BC
$683,800
802 188 Agnes Street, New Westminster, BC
$599,900
404 188 Agnes Street, New Westminster, BC
$699,000
1203 31 Elliot Street, New Westminster, BC
$569,000
701 31 Elliot Street, New Westminster, BC
$619,900
1104 38 Leopold Place, New Westminster, BC
$749,900
507 218 Carnarvon Street, New Westminster, BC
$599,000
702 328 Clarkson Street, New Westminster, BC
$625,000
414 500 Royal Avenue, New Westminster, BC
$698,000
510 500 Royal Avenue, New Westminster, BC
$649,000
605 500 Royal Avenue, New Westminster, BC
$670,000
1304 420 Carnarvon Street, New Westminster, BC