Featured exterior photo of 275 Cypress St, Nanaimo, BC
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Days On Market: 130
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Commercial Sale

$16,700,000
275 Cypress St, Nanaimo, BC

Address

275 Cypress St, Nanaimo, BC

Price

$16,700,000

Property 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.

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Contact Scott Parker Personal Real Estate Corporation for more information

(250) 751-1223
scott@scottparker.ca
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Property Details

MLS® Number: 1022254
Property Type: Commercial Sale
Property Subtype: Multi Family
Status: Active
Lot Size: 0.93 acres
Area: Nanaimo - Na Brechin Hill
Annual Tax: $84,944 (2025)
Days on Market: 130 days

Additional Property Details

Building Type: Multi-Family

Parking & Land Details

Parking Spaces: 64
Land Size: 0.93 ac
Land Access: Road access
Acreage: false

Landscape & Property Information

Irregular Land Size: 0.93
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1022254

Property Photos

Property Landing Page Open shareable magazine-style page

Property Location

275 Cypress St, Nanaimo, BC

Listed by Century 21 Harbour Realty Ltd.

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