
118 82 FIRST STREET
New Westminster · MLS® R3139462
1 bed · 1 bath · 575 sq ft · 1 parking
Condo · Single Family · built 2026 · 105 days on market
Listed by Tanis Sullivan, Angell, Hasman & Associates Realty Ltd.
NO GST! Experience the perfect blend of condo living with townhouse privacy in this brand new 1 BD + FLEX, GROUND FLOOR CORNER UNIT at First & Royal, featuring rare, separate direct access entrance right from the ground floor! No shared hallways or crowded elevators-just your own private doorstep! Inside, the quiet & intelligent layout boasts integrated open den, making it an ideal setup for home office or studio. Step outside to large, wrap-around 256 SF private patio that effortlessly expands your living space - perfect for kids & pets. Features heat pump AC, HRV, blinds, Samsung appliances, beautiful wood cabinets, quartz counters & backsplash. Amenities include roof top patio, playgrnd, dog park, co-work space, gym, movie theatre. 1 parking & locker. Pets & rentals allowed. Steps to Queens Park & walking distance to Douglas College.
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 575 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $291 / mo ($0.51 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 105
- MLS®
- R3139462
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- All
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
- Rent
- $1,645/mo
- After all costs
- −$1,161/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,348 · strata $291 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in New Westminster (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
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