421 82 FIRST STREET
New Westminster · MLS® R3168569
1 bed · 1 bath · 458 sq ft · 1 parking
Condo · Single Family · built 2026 · 15 days on market
Listed by Alex Ma, Century 21 In Town Realty
Realtor's description
Welcome to First & Royal, a brand new condo in Downtown New Westminster. This thoughtfully planned 1 Bed, 1 Bath home offers a bright open layout, modern finishes, quartz countertops, full-size appliances, in-suite laundry and heat pump A/C. Step onto your private balcony and enjoy Fraser River and bridge views. The building features a fitness centre, theatre, co-working spaces, rooftop outdoor areas, community gardens and more. Conveniently located near Columbia SkyTrain, Queen´s Park, the Quay, shops, cafés, restaurants and everyday amenities. A great opportunity for first-time buyers, investors or anyone looking for a stylish new home in a central location.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 458 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $226 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 15
- MLS®
- R3168569
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,645/mo
- After all costs
- −$403/mo
- Cap rate
- 4.0%
- yearly net rent ÷ price
Costs: mortgage $1,656 · strata $226 · 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
Location
Schools
Catchment schools, New Westminster School District 40
- Elementary Herbert Spencer Elementaryhomes in this catchment
1.2 km away · 605 Second St, New Westminster · 604-517-6030
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.4 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
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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