64
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 | 1022254 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Brechin Hill |
| Postal Code | V9S 5J9 |
| Property Taxes | $84,944.29 (2025) |
| Parking Total | 64 |
| Zoning | R8 |
| Listed Date | Dec 29, 2025 |
| Ownership | Freehold |
| Lot Size | 0.93 acres |
Building Details
| Stories | -1 |
Additional Information
| Land Size | 0.93 ac |
| Land Access | Road access |
| Building Type | Multi-Family |
| Transaction | For sale |