Pedro Samuels Samuels - Sutton Logo
$15,500,000
 $83,207 est/mo Sourced by Back At You

275 Cypress St,Nanaimo, BC V9S5J9

Nanaimo, BC V9S5J9

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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:13843)

Details

MLS #1043620
Listing TypeFor Sale
StatusActive
Days On Site100
Listing Provided ByCentury 21 Harbour Realty Ltd. | Barry Calvin

Features

SQ Feet62,378
Units1
ZoningUnknown
Acreage0.93
Property ViewOcean view

Interior

HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

Security FeaturesSprinkler System-Fire
Lot FeaturesCentral location, Other, Marine Oriented

Parking

Parking Total64

Taxes

Tax Annual Amount89891.38
Tax Block2
Tax LotAM5

Area Information

ProvinceBC
CityNanaimo
Postal CodeV9S5J9
Listing VS Median (in V9S5J9)
Price:
$15,500,000
low | high
Med:
$15,500,000
50% of Average
sqft:
62,378
low | high
Med:
62,378
50% of Average
$ / sqft:
$248
low | high
Med:
$248
50% of Average
On site:
100
low | high
Med:
100
100% of Average
Sourced by Back At You

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Learn More About This Property

Pedro Samuels

Pedro Samuels

Sutton Group - Summit Realty Inc., Brokerage

Certified Real Estate Specialist (416) 938-8593psamuels@sutton.com
ProvinceBC
CityNanaimo
Postal CodeV9S5J9
Listing VS Median (in V9S5J9)
Price:
$15,500,000
low | high
Med:
$15,500,000
50% of Average
sqft:
62,378
low | high
Med:
62,378
50% of Average
$ / sqft:
$248
low | high
Med:
$248
50% of Average
On site:
100
low | high
Med:
100
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:09:07 PM PDT