Move-in Ready

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Albert Crescent Precinct, New WestminsterView map

First and Royal

From$419,900

In Albert Crescent Precinct, New Westminster, First and Royal is a six-storey condominium and townhome building by Areva Living, now complete and move-in ready. The one to three bedroom homes range from 507 to 969 square feet and start at $419,900.

Project details

Move-in Ready

Developer: Areva Living
Completion: Move-in ready
Home type: Mixed
Homes: 189
Storeys: 6
Bedrooms: 1 to 3
Bathrooms: 1 to 2
Size: 507 to 969 sq ft

Project highlights

Move-in ready, completed 2025
Developed by Areva Living
6-storey building, 189 homes
One to three bedroom homes
Homes 507 to 969 square feet
Priced from $419,900
Located in Albert Crescent Precinct, New Westminster
Estimated strata fee $0.49 per sq ft

Pricing

Starting price: $419,900
Average price / sq ft: $828 average
Estimated strata fee: $0.49/sq.ft.

Pricing, floor plans, brochure and availabilityRequest these →

Investment snapshot

Based on current market rents in New Westminster, First and Royal prices at $828 per sq ft with an estimated gross yield of 5.2%.

Market Rent

$1,806✓ 1-Bed · Vancouver CMA (broader area) · CMHC 2025

Gross Yield

5.2%Before expenses

5-Yr Area Outlook

+14.5%Base-case area appreciation

Price / Sq Ft

$828✓ Published

Cash flow calculator Compare New Westminster Prices

Disclaimer: Market Rent is a current average market rent for the area, not a guarantee. Yield is gross, before strata fees, tax and vacancy. The 5-Yr Area Outlook is a modelled base-case appreciation scenario for the wider area, not a guarantee or a project-specific appraisal. Not financial advice.

About First and Royal

First and Royal is a Areva Living development at 82 1st Street, in New Westminster's Albert Crescent Precinct neighbourhood, built as a six-storey condominium and townhome building. It holds 189 homes and is now complete and move-in ready.

The homes are one to three bedroom, ranging from 507 to 969 square feet. Pricing starts at $419,900.

Is First and Royal move-in ready?

Yes. First and Royal is complete and homes are ready to move into now.

What types of homes are available at First and Royal?

First and Royal offers 1 to 3 bedroom homes from 507 to 969 square feet.

What is the starting price at First and Royal?

Homes at First and Royal start from $419,900.

What are the strata fees at First and Royal?

The estimated strata fee at First and Royal is $0.49 per square foot.

Where is First and Royal located?

First and Royal is in Albert Crescent Precinct, New Westminster at 82 1st Street.

Who is the developer of First and Royal?

First and Royal is developed by Areva Living.

Location

82 1st Street, Albert Crescent Precinct, New Westminster BC

Getting around

Walk Score®

Walk

Very walkable

Transit

Excellent transit

Bike

Bikeable