Near or past estimated completion. Units may be move-in ready. Contact our team for current availability.
Project stage
ABOUT FIRST & ROYAL
First & Royal is a condo development by Areva Living in New Westminster, with units starting at $300,000. The project is currently in the selling phase and is on track for completion in Fall 2025. This presale offering puts new residential inventory on the market in a community that has maintained affordability relative to other parts of Metro Vancouver.
New Westminster is a city that balances heritage with contemporary development, offering real estate options without requiring bridge crossings to reach other parts of the region. The neighbourhood context positions the city as an accessible alternative within Metro Vancouver, with established residential character and municipal services. The location provides connectivity to the broader regional network while remaining distinct from downtown Vancouver proper.
Buying presale at First & Royal means reserving a unit before construction is complete, which typically involves a deposit structure that staggers payments through to closing. VIP registrants gain early access to detailed floor plans and unit selection before the public presale launch, allowing first choice among available inventory. Presale purchases carry both advantages and risks: buyers lock in current pricing but depend on the developer's completion timeline and on their ability to secure financing before occupancy. The specific deposit schedule and financing terms for First & Royal will be detailed during the formal registration process. Areva Living's presale offering reflects current market conditions in New Westminster's residential sector.
AMENITIES
- ✓Parking
- ✓Storage
- ✓Air Conditioning
- ✓Rooftop oasis with outdoor theatre, BBQ spaces, children's play area, and dog play area
- ✓Rooftop deck with scenic sunsets and Fraser River views
- ✓Office pods on each floor
- ✓Gym
- ✓Event room
- ✓Indoor theatre
- ✓Included parking stall
- ✓Included storage locker
Developer
LOCATION
Livability scores
NEIGHBOURHOOD SCORES
Strong livability for Metro Vancouver. Transit and walkability are key value drivers for both residents and rental investors.
Walk Score® is a registered trademark of Walk Score. Scores based on geocoded project location and are approximate.
What's nearby
NEIGHBOURHOOD AMENITIES
Nearest schools shown. Verify catchment with your school district before purchasing.
FREQUENTLY ASKED QUESTIONS
What is the starting price for First & Royal?
First & Royal starts from $300,000. Register for VIP access to receive the full pricing sheet and all available floor plans before public launch.
What is the deposit structure for First & Royal?
Most presale developments in BC require a deposit of 5–10% of the purchase price, paid in stages over time. The remaining balance is not due until completion. Register with our team to get the exact deposit schedule for First & Royal.
When is First & Royal expected to complete?
First & Royal has an estimated completion date of Fall 2025. Completion dates are subject to change — register and we will keep you updated on any announcements.
Can I assign my First & Royal presale contract?
Many presale contracts in BC allow assignment, meaning you can sell your contract to another buyer before the building completes. Assignment terms and fees vary by developer. Contact our team for the specific assignment clause in the First & Royal contract.
Is First & Royal a good investment?
Whether a presale is right for you depends on your timeline, budget, and goals. Our team can walk you through the numbers specific to First & Royal — deposit structure, estimated closing costs, and how it compares to similar projects in New Westminster. Register or call us for an honest breakdown with no obligation.
How do I get VIP access to First & Royal?
Register using the form on this page. Our team will contact you shortly with floor plans, full pricing, and any available VIP incentives. VIP registrants get first selection of units before the public launch.
Not intended to solicit properties currently listed. This is not an offering for sale. Such an offering may only be made after filing a disclosure statement. E&OE. All information subject to change without notice.
