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Main Photo: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 1: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 2: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 3: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 4: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 5: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 6: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 7: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 8: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 9: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 10: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Photo 11: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1022254
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, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Brechin Hill, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.93 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R8
Units in Building:
Units in Community:
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
64
Road Surface Type:
Paved
Business Name:
Cypress Gardens
Business Type:
Accommodation
Total Units:
Date Listed:
Dec 18, 2025
Original Price:
1.67E7
  • Photo 1: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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  • Photo 2: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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  • Photo 4: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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  • Photo 8: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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  • Photo 9: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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  • Photo 10: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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  • Photo 11: 275 Cypress St in Nanaimo: Na Brechin Hill Multi Family for sale : MLS®# 1022254
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Listed by Century 21 Harbour Realty Ltd. and Colliers
Data was last updated December 30, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$876,000
Min list price:
$23
Max list price:
$13,500,000
Avg days on market:
133
Min days on market:
7
Max days on market:
614
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.
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.