5
Days on Market
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.
Property Details
| Property Type | Commercial Sale |
| Property Sub Type | Multi Family |
| Listing ID | 1043620 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Brechin Hill |
| Postal Code | V9S 5J9 |
| Property Taxes | $89,891.38 (2026) |
| Parking Total | 64 |
| Zoning | R8 |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric |
| Exterior Features | Balcony/Patio |
| Listed Date | Jul 17, 2026 |
| Ownership | Freehold |
| Lot Size | 0.93 acres |
Building Details
| Heating | Baseboard heaters |
| Heating Fuel | Electric |
| Stories | -1 |
| Exterior Size | 62378 sqft |
Additional Information
| Features | Central location, Other, Marine Oriented |
| View | Ocean view |
| Land Size | 0.93 ac |
| Land Access | Road access |
| Building Type | Multi-Family |
| Transaction | For sale |