427 82 First St, New Westminster BC - Apartment/Condo for Sale - MLS# R3145720

55 days on the market
$569,000
Est. Mortgage $2,517/mo
Listing updated:
EstateBlock checked:
First & Royal
2 Beds
2 Baths
668 sqft
852 $ /sqft
340.3 $ Maint. fee
2026 built
55 days on the market
$569,000
Est. $2,517/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 427 82 First Street

Exceptional developer value meets thoughtful design at First & Royal! This brand-new home by Areva Developments features a highly sought-after square floorplan that maximizes every square foot with seamless flow and virtually no wasted space. The stylish L-shaped kitchen with a separate island creates the perfect hub for cooking, entertaining, and everyday living, complete with Samsung appliances, contemporary finishes, and heat pump A/C for year-round comfort. Includes 1 EV-ready parking stall and 1 storage locker. Enjoy outstanding amenities including a rooftop lounge, fitness centre, theatre, co-working space, party room, dog play areas, and community gardens. A rare opportunity to own a beautifully designed home in one of New Westminster's most exciting new communities.

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 Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $569,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 668
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 $340.3
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 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Units In Development 187

Lot & Land

Lot Size Depth Feet
MLS® # R3145720
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 0L8
Gross Taxes 0
Zoning APT

Property Timeline

Status Date Price
R3145720 / Active 07-13-2026 $569,000
Rooms
Floor Type Dimensions
Main Level Living Room 9'9 x 9'9 ft
Main Level Dining Room 8'8 x 8'8 ft
Main Level Kitchen 14'3 x 14'3 ft
Main Level Primary Bedroom 10'6 x 10'6 ft
Main Level Bedroom 9'2 x 9'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #3

Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp.

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

61 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $639,556
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
55 DOM
Slower than area
Downtown NW avg
30 DOM
Average
New Westminster avg
30 DOM
Faster market

427 82 First Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.4% 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.

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 427 82 First St, New Westminster, BC

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

427 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).

Walkability & Transit Near 427 82 First Street

Walk Score Badge
Car-Dependent 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
64

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 427 82 First Street

/month
Principal & Interest
Property Taxes $0
Maintenance fee 340.3
A 20% down payment of $113,800 on this $569,000 listing yields an estimated mortgage of $2,173/month (30-year fixed, 4%). Total estimated housing cost: $2,513/month, $340 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,116/month in estimated rental income against $2,569/month in mortgage payments, the monthly cashflow is -$454/month. A 37% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 427 82 First Street, New Westminster

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $569,000
New Westminster Loading...
Downtown NW Loading...

Based on 2 comparable active apartments/condos in Downtown NW, the average asking price is $649,800. This listing is priced 12.4% below the neighbourhood average.

Data is based on list prices of similar active listings. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 427 82 First Street

Walk Score Badge
Car-Dependent 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
64

Bike Score - Bikeable

Some bike infrastructure

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