275 Cypress St, Nanaimo, BC V9S 5J9
275 Cypress St, Nanaimo, BC V9S 5J9
275 Cypress St, Nanaimo, BC V9S 5J9
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Listing by Barry Calvin Century 21 Harbour Realty Ltd.
$16,700,000
Est. payment /mo
62,378 SqFt
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 62,378 sqft

Price per Sqft $267

MLS Listing ID 1022254

HOA Y/N No

Annual Tax Amount $84,944

Tax Year 2025

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Multi Family

Property 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.

Location

Province BC

County Nanaimo, City Of

Community Na Brechin Hill

Area Nanaimo

Zoning R8

Interior

Fireplace No

Exterior

Parking Features On Site

Garage Spaces 64.0

View Y/N false

Street Surface Paved

Total Parking Spaces 64

Garage No

Others

Ownership Freehold


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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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275 Cypress St

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