BC Luxury Home Listings
275 Cypress St
Na Brechin Hill
Nanaimo
V9S 5J9
$15,500,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1043620
- Photos (11)
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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.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Brechin Hill, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.93 acre(s)0.38 hectare(s)
- Taxes:
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- Building Features:
- Elevator: Passenger, Fire Sprinklers, Laundry Room, Shopping Nearby, Transit Nearby, See Remarks
- Ceiling Heights:
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- Floor finish:
- Mixed
- Total Building Area:
- 1.43 acre(s)0.58 hectare(s)
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
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- Balcony/Patio
- Ocean, Other
- CYPRESS GARDEN APARTMENTS
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 64
- Road Surface Type:
- Paved
- Date Listed:
- Jul 17, 2026
- Original Price:
- 1.55E7
Larger map options:
Listed by Century 21 Harbour Realty Ltd.
Data was last updated July 20, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 101
- Avg list price:
- $1,250,000
- Min list price:
- $99,000
- Max list price:
- $16,575,000
- Avg days on market:
- 101
- Min days on market:
- 3
- Max days on market:
- 784
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BCHOMEGROUP.CA
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
