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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1022254
- 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, Land
- 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)
- Taxes:
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- Pending Date:
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- 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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- Parking Features:
- On Site
- Total Parking Spaces:
- 64
- Road Surface Type:
- Paved
- Date Listed:
- Dec 18, 2025
- Original Price:
- 1.67E7
-
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Listed by Century 21 Harbour Realty Ltd. and Colliers
Data was last updated February 9, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 96
- Avg list price:
- $1,072,500
- Min list price:
- $23
- Max list price:
- $25,000,000
- Avg days on market:
- 110
- Min days on market:
- 3
- Max days on market:
- 655
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.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
