426 82 FIRST STREET
New Westminster · MLS® R3145619
2 bed · 2 bath · 775 sq ft · 1 parking
Condo · Single Family · built 2026 · 86 days on market
Listed by Rocky Sharma, Century 21 Coastal Realty Ltd.
Realtor's description
BRAND NEW 2 BED 2 BATH MOVE IN READY. Welcome to First & Royal by Areva Developments! Thishome Offers over 700 sq. ft with amazing views on the river and over size patio. of thoughtfully designed living with A/C, premium Samsung appliances, in-suite laundry, a spacious covered patio, and 1 parking plus 1 storage locker. Enjoy New Westminster's premier rooftop oasis featuring BBQ areas, lounge seating, an outdoor theatre, and breathtaking Fraser River views, along with a fully equipped gym, co-working space, movie theatre, party room, dog play areas, and community gardens. Just steps to SkyTrain, restaurants, the riverfront, and minutes to Queen's Park.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 775 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $384 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 86
- MLS®
- R3145619
Features
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,134/mo
- After all costs
- −$1,375/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,919 · strata $384 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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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