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

$499,000
Est. Mortgage $2,208/mo
First & Royal
1 Beds
1 Baths
505 sqft
988 $ /sqft
257.96 $ Maint. fee
2026 built
$499,000
$519,900
Est. $2,208/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 407 82 First Street

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

66 / 100
Overall sell-speed score
Likely within weeks
Price competition grade
No comparable data
Seller's
Market conditions
Seller's market — high demand area
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
17 DOM
Very fast
Downtown NW avg
51 DOM
Average
New Westminster avg
51 DOM
Slower market

407 82 First Street has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is has limited comparable pricing data available. The local market is currently a Seller's Market with a sales-to-active ratio of 21.4% and an area average of 51 days on market — buyers are active. With only 252 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

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 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 407 82 First Street

Pre-computed routes from 407 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

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

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 407 82 First Street

/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:

Investment Cashflow Calculator

/month
Mortgage Payment
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.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $499,000
New Westminster Loading...
Downtown NW Loading...

Based on 16 comparable active apartments/condos in Downtown NW, the average asking price is $495,258. This listing is priced 0.8% above 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 407 82 First Street

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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