New Westminster · MLS® R3176835
322
979 sq ft · Condo · Single Family · built 2026 · 8 days on market
listed by Alex Van, Stonehaus Realty Corp.
Incredible value for a brand-new 3-bedroom home! Welcome to Unit 229 at First & Royal, where space, comfort and affordability come together. One of the most competitively priced 3-bedroom homes in the building, this residence offers a spacious, functional layout with well-proportioned bedrooms and plenty of flexibility for growing families, guests or a dedicated home office. Stay comfortable year-round with A/C in every room, and enjoy the exceptional convenience of 2 parking stalls and 2 storage lockers - valuable extras that are hard to find! Residents can take advantage of an impressive lineup of amenities, including a rooftop lounge, fitness centre, indoor theatre, co-working space, party room, garden plots and dog play areas. Located in central New Westminster, you're close to transit, shopping, cafés, restaurants, parks and the vibrant downtown waterfront. If you're looking for three bedrooms, practical space and outstanding value, this one deserves a closer look!
20% down at 4.44% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $3,160 · strata $494 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in New Westminster: CMHC's average there ($2,733) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, New Westminster School District 40
200 m away · 85 Merivale St, New Westminster · 604-517-6050
1.4 km away · 701 Park Cres, New Westminster · 604-517-5940
2.1 km away · 820 6th St, New Westminster · 604-517-6122
From the New Westminster School District 40's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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Rapid transit: Columbia SkyTrain station, 600 m (about 9 min walk); New Westminster SkyTrain station, 1.1 km (about 18 min walk).
| year | assessed | est. tax |
|---|---|---|
| 2026 | $38,022,000 | $182,244 |
Estimate: the BC Assessment value times New Westminster's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
the building's lot: 4,457 m² (47,975 sq ft) · PID 032-820-691. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Rapid transit: Columbia SkyTrain station, 600 m (about 9 min walk); New Westminster SkyTrain station, 1.1 km (about 18 min walk).
This address is on the Heritage Revitalization Agreement (New Westminster) as "E.M.N Woods House". Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.
Source: BC Heritage Branch, historic places and conservation areas
From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.
Walkability 76/100 · Walkable: many errands on foot
Within a 10 minute walk: 9 places to eat or drink, 1 cafe, 8 parks and playgrounds, 1 school, 1 pharmacy, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
Condos in New Westminster. Sale prices register 1 to 3 months after a sale closes.