62,378 sqft

$15,500,000

275 Cypress St, Nanaimo BC, V9S 5J9

Price per sqftC$248.49

Property size62,378 sqft

Property typeCommercial

Courtesy of Century 21 Harbour Realty Ltd.

Overview

Active

Listed Jul 17, 2026

Updated Jul 21

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.

Additional information

MLS^® ID: 1043620

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.93 Acres

Other Property Details

Taxes: $89,891
Tax Frequency: Annually
View: Yes

Courtesy of Century 21 Harbour Realty Ltd., Barry Calvin

Listing Contact: 250-758-6767

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Charlie Parker Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Reciprocity Program