275 Cypress St, NANAIMO

2025-12-29
 

Quick Summary

Location
275 Cypress St, NANAIMO, British Columbia V9S5J9
Price
$16,700,000 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#1022254

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. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Multi-Family

Land

  • Land Size: 0.93 ac

Ownership

  • Type: Freehold

Zoning

  • Description: R8

Information entered by Century 21 Harbour Realty Ltd.
Listing information last updated on: 2025-12-29 20:42:32


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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