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 Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
Na Brechin Hill, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
0.93 acre(s)0.38 hectare(s)
Building Features:
Elevator: Passenger, Fire Sprinklers, Laundry Room, Shopping Nearby, Transit Nearby, See Remarks
Floor finish:
Mixed
Total Building Area:
1.43 acre(s)0.58 hectare(s)
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Electric
Fireplace:
No
Balcony/Patio
Ocean, Other
CYPRESS GARDEN APARTMENTS
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
R8
Occupancy:
Tenant
Lot Site Features:
Central Location, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby
Data was last updated August 30, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
101
Avg list price:
$1,250,000
Min list price:
$46,900
Max list price:
$25,000,000
Avg days on market:
92
Min days on market:
3
Max days on market:
627
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.