$16,700,000
FOR SALE

Multiplex

275 Cypress St
Nanaimo, BC V9S 5J9 | Brechin Hill

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:47421)
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Listed By Century 21 Harbour Realty Ltd., Colliers
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 1022254
Last Updated Mar 23, 2026
Property Summary
Property Type Multiplex

More like this:
Use Accommodation
Neighbourhood Brechin Hill
Price History

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Detailed Information
Listing Contract Date 2025-12-18
Municipal ID 004-533-470
Ownership Type Freehold
# of Parking Spaces 64
Plan VIP2578
Property Type Multi-family
Transaction Type For sale
Zoning Description R8
Zoning Unknown
Business
Business Type Accommodation
Name Cypress Gardens
Building
Size (Exterior) 62378 square feet
Type Multi-Family
Land
Total Size 0.93 acres
Access Type Road access
Size of Irregular Land 0.93

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