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Building & Condo information

First & Royal by Areva

82 1st Street

New Westminster, V3L 1H2 VNWQP - Queens Park

Official Website: Marketers Website:
  • Levels: 8
  • Suites: 189
  • Status: Under Construction
  • Built: 2025
  • Building Type: Strata Condos,strata Townhouses
  • Bldg#: 16546

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Building Info

First & Royal at 82 1st St, New Westminster, BC V3L 1H2, Canada. Situated in Downtown New Westminster, First & Royal is a collection of 189 modern homes by Areva Living. Two 6-storey buildings offer a selection of 1- to 3-bedroom condominiums and seven 2-storey townhomes built over two levels of underground parking with stalls for 253 vehicles. FIrst & Royal is Just steps to Queens Park. The 75 acre green space features mature trees, trails, picnic shelters, playgrounds, sports fields, and an off-leash dog area. Head a few blocks south to take in the Fraser Rivers majestic sweep and explore New Wests rejuvenated waterfront. A short stroll away, downtown New Westminster is buzzing. Think historic brick facades, unique owner-run businesses, and a global range of dining options, with the Columbia SkyTrain station and designated bike paths connecting to the wider world.

Sales Centre:
Official Website:
Phone: 236-862-5460
Strata Sub Categories: Strata Condos,Strata Townhouses

First & Royal by Areva Technical Info

Building Name First & Royal by Areva
Address 82 1st Street
City New Westminster
Neighborhood Queens Park
Listing Price Range N/A
Floors 8
Units in Development: 189
Units in Strata:189
Sub Categories:Strata Condos,strata Townhouses
Year Built 2025
Developer Areva Living
Architect Name IREDALE group archit
Architect Phone 604-736-5581
Designer Portico Design Group
Official Website
Restrictions Details

First & Royal by Areva Documents


First & Royal by Areva Building & Common Area Photos

82 1st Street - First & Royal - New Westminster
82 1st Street - First & Royal - New Westminster
82 1st Street - First & Royal - New Westminster
82 1st Street - First & Royal - New Westminster

Complex Site Map (Click image to enlarge)


Complex Site Map (Click image to enlarge)


First & Royal by Areva Videos

First & Royal Presentation Centre
Presale Starting High $300k condos! Downtown New Westminster - FULL VIDEO TOUR
First & Royal by Areva Living
First and Royal A Sneak Peak Into New Westminster Newest Presale Opportunity

First & Royal by Areva Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

Google Street View
Google Map
Bing Areal View
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Real Estate Related News Articles(Sun and Province) Search News  

# Article Publish Date Source
1 Do Realtors make too much money? What do you think?

Like any small business, what you pay them is not what they get. They have overhead that does not even include the overreaching tax rate they are susceptible to.

Most have to pay for staffing, office space, their split to their broker, franchise fees, a transaction coordinator, ongoing training and coaching, their car and gas, marketing, photos, signs and sign installation, software to run their business, client parties, advertising and on and on… You can see how the check collected at the closing goes away fast. 

Do Realtors make too much money? What do you think?
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2 Budget 2024: B.C. introduces new home-flipping tax

Flipping Tax  

The BC Home Flipping Tax is a 20 per cent tax on the gain from sale of a home within a one-year time horizon and a pro-rated tax on sales up to within a two-year period. The tax will apply to both properties and assignments of contracts and is in addition to any existing federal or provincial income taxes incurred from the sale of the property, including the federal anti-flipping tax. Exemptions will be available for certain life circumstances that might motivate the sale of a property within two years, including for added supply through the creation of rental accessory dwelling units. 


The BCREA Economics Department’s preliminary analysis estimates the flipping tax will decrease home sales by between 1-2 per cent over a three-year period. Given the relatively small impact, prices and housing attainability are essentially unchanged by the tax. This is unsurprising, given that short-term flipping represents a low share of sales activity (less than 2 per cent in both Vancouver and Victoria). 

BC Government Announces New Housing Measures in 2024 Budget
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The BC NDP have walked back on changes to the province’s Land Act, citing a need for more consultation and demonstrations of how shared decision-making with Indigenous governments will work.

“We need to take the time to further engage with people and demonstrate the real benefits of shared decision-making in action,” Water, Land and Resource Stewardship minister Nathan Cullen said in a statement announcing the pause. “We want to get this right and move forward together.”

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4 Canada’s commercial real estate landscape is set for a “seismic shift” not seen since the early 1990s

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The liquidity challenges have returned in the current environment, where interest rates have risen faster and stayed high for longer than they did 40 years ago.

The result has been a reset in people’s expectations of the cost of capital, heralding a changing of the guard similar to the late 1980s and early 1990s.

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5 There’s been a sizable uptick in the number of homes for sale, according to the latest RE/MAX National Housing Report

According to the latest RE/MAX National Housing Report – which surveyed 50 U.S. metro areas – the number of newly listed homes in January was 66.3% higher than in December and 21.5% higher than in January a year ago.

The December-to-January jump was significantly larger than that of years past. What could this mean, exactly? Well, it could bode well for a bustling spring market.

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