About 275 Cypress St
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.
Features of 275 Cypress St
| MLS® # | 1043620 |
|---|---|
| Price | $15,500,000 |
| Square Footage | 62,378 |
| Acres | 0.93 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 275 Cypress St |
|---|---|
| Area | Na Brechin Hill |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9S 5J9 |
Amenities
| Parking Spaces | 64 |
|---|---|
| View | Ocean, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Balcony/Patio |
|---|
Additional Information
| Date Listed | July 17th, 2026 |
|---|---|
| Days on Market | 55 |
| Zoning | R8 |
Listing Details
| Office | Century 21 Harbour Realty Ltd. |
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