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$16,700,000
British Columbia,Nanaimo
For Sale Active
275 Cypress St, Nanaimo, British Columbia V9S5J9
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Basic Details
Description

Cypress Garden Apartments. 64 suite apartment building with a well balanced suite mix featuring a unique 3750 sq ft Penthouse boasting breathtaking views. Situated in the Brechin Hill neighbourhood, located steps from the scenic seawall and within walking distance to downtown Nanaimo. This property offers investors the opportunity to acquire a large scale apartment building that has been privately owned

and managed for over 35 years. Well maintained receiving numerous capital upgrades. Represents a rare opportunity to acquire a property of scale with strong cash flow potential in one of British Columbia’s fastest growing municipalities. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 1022254
  • Price: $16,700,000
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 152932
Address Map
  • Location: CA, British Columbia, Nanaimo, V9S5J9
  • Street: Cypress
  • Street Number: 275
  • Street Suffix: Street
  • Longitude: W124° 3' 6.8''
  • Latitude: N49° 10' 47.4''
  • Zoning: Unknown
Additional Information
  • Business Type: Accommodation
  • Lot Size Dimensions: 0.93
  • Number Of Units Total: 64
Financial
  • Tax Annual Amount: 84944.29
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Listing updated: 2026-06-10 21:59:00
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Listing Information
  • List Agent Key: 1436095
  • List Office Key: 152932
  • Modification Timestamp: 2026-03-23T23:50:44Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-03-23T23:42:38Z
Powered by REALTOR.ca
Listing updated: 2026-06-10 21:59:00
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