For Sale: 275 Cypress Street, Nanaimo, BC - REW
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$16,700,000
0 bd • ba • 62378 sf • Multifamily
275 Cypress Street
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$16,700,000
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275 Cypress StNanaimo, BC, V9S 5J9

Brechin Hill
  • 0 Bed
  • Bath
  • 62378 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Barry Calvin PREC*, Salesperson, Century 21 Harbour Realty Ltd.

Home facts and features

Price details
List Price
$16,700,000
Get Pre-Approved
Gross Taxes for 2026
$84,944
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
64
Property Type
Multifamily
Lot Size
40510 ft²
Depth
Title
Freehold
Community
Agent details
Primary Agent
Primary Broker
Century 21 Harbour Realty Ltd.
Secondary Agent
Gregory Ambrose
Secondary Broker
Colliers
Listing details
Days on REW
160 Days
Property Views
498
MLS® Number
1022254
Source
Canadian Real Estate Association
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Brechin Elementary School
  • Public
  • K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Discover Montessori School
  • Independent
  • K
Pauline Haarer Elementary School
  • Public
  • K - 7
Quarterway School
  • Public
  • Pre-K - 7
The High School at VIU
  • Independent
  • 10 - 12
John Barsby Community School
  • Public
  • 8 - 12
Nanaimo Christian School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Barry Calvin PREC*
Phone:
250-758-6767
Cell:
250-758-6767
Office:
(250) 760-1066
Salesperson
Gregory Ambrose
Office:
604-681-4111
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