407 82 FIRST STREET
New Westminster, BC V3L0L8
$499,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $258/mo
- Annual property tax
- $697.22 (2026)
Interior
- Heating
- Forced air
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3138035
- Listed
- June 22, 2026
- Time on market
- On the market for 70 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.
Description
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! (id:63159)
Values & Trends
This listing
$988/sqft
Building average
$848/sqft
7 active listing(s)
New Westminster average
$670/sqft
376 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — New Westminster
Monthly figures from the Fraser Valley Real Estate Board for New Westminster apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$582,400
Jul 2026
Average Sale Price
$573,877
Jul 2026
Monthly Sales
61
Jul 2026
Active Listings
387
Jul 2026
Sales-to-Active Ratio
16.0%
Jul 2026
Median Days to Contract
35 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
78,916
(2021 Census)
+11.2% since 2016
Density: 5,052.2/km²
Dwellings: 37,737
Median household income: $82,000
After-tax: $72,500
Immigrant population: 37.5%
Top countries of origin (% of total population)
- Philippines6.4% · 5,050
- India4% · 3,135
- China3.6% · 2,880
- United Kingdom1.6% · 1,285
- Hong Kong1.6% · 1,250
- Korea, South1.4% · 1,085
- United States of America1% · 785
- Taiwan0.9% · 725
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
37
6/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Ecole Qayqayt Elementary | Elementary | 224 m |
| PALS Autism Society (School Program)(Independent) | K-12 | 347 m |
| Purpose Independent Secondary School(Independent) | Secondary | 730 m |
| Al-Hidayah School(Independent) | Elementary | 827 m |
| Herbert Spencer Elementary | Elementary | 1.2 km |
| Fraser River Middle | Middle | 1.2 km |
| Royal City Alternate Program | Secondary | 1.2 km |
| Ecole Glenbrook Middle School | Middle | 1.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Westbound Royal Ave @ 1st St | — | 41 m |
| Northbound 1st St @ Agnes St | — | 66 m |
| Southbound 1st St @ Agnes St | — | 80 m |
| Southbound 1st St @ Park Row | — | 164 m |
| Eastbound Agnes St @ Elliot St | — | 165 m |
Nearby Places
Restaurants (5+)
- Stefano's · 315 Columbia Street490 m
- Victoria Sushi · 15 East Royal Avenue499 m
- Taverna Greka · 326 Columbia Street532 m
- L'Onore Pizza · 28 East Royal Avenue615 m
- Patsara · 528 Carnarvon Street715 m
Cafes (5+)
- Mira Caffe · 28 East Royal Avenue636 m
- Cocoaro · Victoria Street740 m
- Coasters Coffee · Sixth Street751 m
- Chatime · 51 Sixth Street753 m
- Afterhours Cafe · 42 Sixth Street798 m
Parks (5+)
- Saint Mary's Park199 m
- Albert Crescent Park235 m
- Tipperary Park452 m
- Unnamed538 m
- Victoria Hill Park589 m
Gyms (4)
- Sugarrays671 m
- Sea2Sky Wellness Club · 428 Columbia Street678 m
- Fit on 6th · 49 Sixth Street762 m
- EZfit · 606 Victoria Street779 m
Pharmacies (1)
- Guardian · 424 Columbia Street664 m
Banks & ATMs (3)
- Bitcoin ATM Localcoin · 15 East Royal Avenue498 m
- Bitcoin ATM Localcoin · 411 Columbia Street618 m
- Manulife ATM651 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
Other Listings in This Building
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.