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Welcome to the University District.  Arguably the best area of the city for investment, the University area boasts a great mix of homes with suites for students, family homes, pockets of new homes,  most of them built in the last 5 years have suites in them.  This area has really developed over the last 5 years with new shopping areas, Restaurants and many new condo and apartment developments.  Elementary schools is this area are Fairview,  Georgia Ave, Park Ave, and the High School is Nanaimo District Secondary.  Some of the schools border on other areas but almost all areas of the University District are within walking District.  There is also the city’s very popular Aquatic Center, featuring a indoor water park and river for the kids, gym and café.  Across from this Center is the NIC, One of two of Nanaimo’s indoor Ice Rinks.  This area is very affordable and is popular for families, first time home buyers and those wanting to be close to the University both as a student, teacher or support staff.

UNIVERSITY DISTRICT LISTINGS

University District Listings

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  • 622/626/630 Fourth St in Nanaimo: Na University District Multi Family for sale : MLS®# 982742

    622/626/630 Fourth St Na University District Nanaimo V9R 1V3
    Main Photo: 622/626/630 Fourth St in Nanaimo: Na University District Multi Family for sale : MLS®# 982742

    622/626/630 Fourth St Nanaimo V9R 1V3 Na University District

    $1,950,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    982742
    Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away. More details
    Listed by eXp Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 545 Poets Trail Dr in Nanaimo: Na University District Single Family Residence for sale : MLS®# 983014

    545 Poets Trail Dr Na University District Nanaimo V9R 7C4
    Main Photo: 545 Poets Trail Dr in Nanaimo: Na University District Single Family Residence for sale : MLS®# 983014

    545 Poets Trail Dr Nanaimo V9R 7C4 Na University District

    $928,000
    Residential
    Status:
    Active
    MLS® Num:
    983014
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,904 sq. ft.
    A rarely found 6-bedroom, 4-bathroom single house with a great layout. The home has been well-maintained and features recent updates including laminate flooring, a dishwasher, two water tanks and two sets of laundry. The location is fantastic. You can walk to the university and the swimming pool, and it's just a 5-minute drive to downtown Park or Westwood Lake. The neighborhood is nice and quiet. Upstairs, there are 3 bedrooms, 2 bathrooms, and an open-concept kitchen with nice cozy living room. Downstairs, you'll find a large game room with separate entrance, an extra room that can be used as a 6th bedroom, and another bathroom. Additionally, there's a 2-bedroom legal suite that can be a mortgage helper. This home offers a perfect blend of convenience and comfort. Current rent is $3082 per month for entire house; could potentially rise to $4082 with the vacant room rented. M2M tenancy. Tenants want to stay. Seller is a licensee. Call or text Seller (778-686-6769) for private showings. More details
    Listed by eXp Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 608 Harewood Rd in Nanaimo: Na University District Multi Family for sale : MLS®# 984916

    608 Harewood Rd Na University District Nanaimo V9R 2Z7
    Main Photo: 608 Harewood Rd in Nanaimo: Na University District Multi Family for sale : MLS®# 984916

    608 Harewood Rd Nanaimo V9R 2Z7 Na University District

    $799,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    984916
    Attention Builders and Investors: A Rare Opportunity in the Heart of Nanaimo’s University District! This is your chance to secure two separate, fully legal lots (two PIDs), both zoned R5, allowing for the construction of 2 fourplexes. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Both lots boast excellent laneway access and are located just a short walk from VIU, a prime area for rental demand. And there’s more—an additional lot is available under a separate MLS listing, presenting the rare opportunity to create a 3 lot, 12-unit project -.Opportunities like this are unheard of in the University District. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 608 Harewood Rd in Nanaimo: Na University District Single Family Residence for sale : MLS®# 984899

    608 Harewood Rd Na University District Nanaimo V9R 2Z7
    Main Photo: 608 Harewood Rd in Nanaimo: Na University District Single Family Residence for sale : MLS®# 984899

    608 Harewood Rd Nanaimo V9R 2Z7 Na University District

    $799,000
    Residential
    Status:
    Active
    MLS® Num:
    984899
    Bathrooms:
    1
    Floor Area:
    968 sq. ft.
    Attention Builders and Investors: A Rare Opportunity in the Heart of Nanaimo’s University District! This is your chance to secure two separate, fully legal lots (two PIDs), both zoned R5, allowing for the construction of 2 fourplexes. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Both lots boast excellent laneway access and are located just a short walk from VIU, a prime area for rental demand. And there’s more—an additional lot is available under a separate MLS listing, presenting the rare opportunity to create a 3 lot, 12-unit project -.Opportunities like this are unheard of in the University District. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 585 Hillcrest Ave in Nanaimo: Na University District Land for sale : MLS®# 985165

    585 Hillcrest Ave Na University District Nanaimo V9R 3M6
    Main Photo: 585 Hillcrest Ave in Nanaimo: Na University District Land for sale : MLS®# 985165

    585 Hillcrest Ave Nanaimo V9R 3M6 Na University District

    $375,000
    Residential
    Status:
    Active
    MLS® Num:
    985165
    Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 585 Hillcrest Ave in Nanaimo: Na University District Unimproved Land for sale : MLS®# 985171

    585 Hillcrest Ave Na University District Nanaimo V9R 3M6
    Main Photo: 585 Hillcrest Ave in Nanaimo: Na University District Unimproved Land for sale : MLS®# 985171

    585 Hillcrest Ave Nanaimo V9R 3M6 Na University District

    $375,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    985171
    Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 426/436 Wharton St in Nanaimo: Na University District Single Family Residence for sale : MLS®# 985354

    426/436 Wharton St Na University District Nanaimo V9R 1W4
    Main Photo: 426/436 Wharton St in Nanaimo: Na University District Single Family Residence for sale : MLS®# 985354

    426/436 Wharton St Nanaimo V9R 1W4 Na University District

    $799,900
    Residential
    Status:
    Active
    MLS® Num:
    985354
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,427 sq. ft.
    Investment opportunity is knocking! Two adjoining legal lots on .35 of an acre for sale by original owners in the desirable University District. Live in the existing mid century modern home featuring 4 bedrooms, 2 bathrooms, with a main level entry & walk-out basement with suite potential, while you build your dream home on the lot next door. The existing house has charming mid century modern features throughout, good bones, sweat equity potential and with some tlc it is the perfect family home or income property. Located just five minutes from downtown, and a short stroll to the old city quarter, recreational facilities, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important. More details
    Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 2 458 Wakesiah Ave in Nanaimo: Na University District Business for sale : MLS®# 986263

    2 458 Wakesiah Ave Na University District Nanaimo V9R 3K9
    Main Photo: 2 458 Wakesiah Ave in Nanaimo: Na University District Business for sale : MLS®# 986263

    2 458 Wakesiah Ave Nanaimo V9R 3K9 Na University District

    $10,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    986263
    Turnkey takeout restaurant inside a busy Esso convenience store, right across from Vancouver Island University! With a highly affordable lease of just $1,025/month, this is a rare opportunity to own your own takeout restaurant business in a high-traffic location. Like a ghost kitchen but with added foot traffic from the convenience store, plus strong takeout demand from surrounding residential customers. Please note that this is a business asset and Goodwill sale only and not the sale of the business. The kitchen is 200 Sqft in size. Important Notice: Any purchaser must agree to end their tenancy at the conclusion of the current lease, which expires in June 2026, unless they receive explicit approval from the landlord to continue month to month. Due to the current circumstances, all requests for information and property showings must be arranged through an independent agency. For further details or to schedule a viewing, please contact your own independent agent for more info. More details
    Listed by eXp Realty (NA)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 2159 Salmon Rd in Nanaimo: Na University District Single Family Residence for sale : MLS®# 987692

    2159 Salmon Rd Na University District Nanaimo V9R 6J2
    Main Photo: 2159 Salmon Rd in Nanaimo: Na University District Single Family Residence for sale : MLS®# 987692

    2159 Salmon Rd Nanaimo V9R 6J2 Na University District

    $859,000
    Residential
    Status:
    Active
    MLS® Num:
    987692
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,911 sq. ft.
    Beautiful Family Home in University District! This 4 bedroom and 3 bath home offers great living space for all your family. Main level has open concept kitchen, dining & great room with natural gas fireplace. Southern exposure deck is perfect for enjoying sunshine and BBQ. Also, there's a master bedroom with 3 pc ensuite and 2 more great sized bedrooms, 4 pc main bathroom on main level. On ground level, there's one bedroom in-law suite with separate Laundry and entrance. High quality laminate floors, quartz counter tops throughout, good size back yard, energy efficiency gas furnace heating, hot water on demand and much more. Close to all levels of school, park and all amenities. Great location! 2 -5 -10 new home warranty. All data and measurements are approximate, must be verified if important. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 455B Watfield Ave in Nanaimo: Na University District Land for sale : MLS®# 987653

    455B Watfield Ave Na University District Nanaimo V9R 3P6
    Main Photo: 455B Watfield Ave in Nanaimo: Na University District Land for sale : MLS®# 987653

    455B Watfield Ave Nanaimo V9R 3P6 Na University District

    $399,900
    Residential
    Status:
    Active
    MLS® Num:
    987653
    Welcome to 455 B Watfield, Lot 12 is a fantastic opportunity to construct several different types of builds as the land is zoned both R1 and R5. This flat, 5435 sqft lot with alley access (carriage house permitted) is perfectly situated with a couple essential services already in place to the lot line, including sewer and water but will still need storm drainage. Build a house with a suite and a carriage house or Tri or Four plex! With a variety of nearby parks, shops, and schools, including 3 blocks from VIU this location offers both convenience, massive income potential and a vibrant lifestyle. Don't miss your chance to invest in this prime piece of real estate oh and NO GST!!! More details
    Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 509 Third St in Nanaimo: Na University District Single Family Residence for sale : MLS®# 987743

    509 Third St Na University District Nanaimo V9R 1W7
    Main Photo: 509 Third St in Nanaimo: Na University District Single Family Residence for sale : MLS®# 987743

    509 Third St Nanaimo V9R 1W7 Na University District

    $599,999
    Residential
    Status:
    Active
    MLS® Num:
    987743
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,700 sq. ft.
    Attention Investors, Developers or DIYer’s!. This central location is the starting point of your next home or project in the heart of Nanaimo’s University District. The home offers 5 bedrooms, two bathrooms and a generous living room spanning the 1700sqft split level home. It sits on a large 7534 sqft corner lot with alley access. Opportunity awaits with the COR1 zoning. Walking distance to Vancouver Island University, the Aquatic Center, Ice Center, Sports Fields, NDSS high school & Georgia Avenue elementary. Enjoy all the restaurants and shops that downtown has to offer. All measurements and data are approximate and to be verified by a buyer. As is Where is Sale. More details
    Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 5201 999 Bowen Rd in Nanaimo: Na University District Condo for sale : MLS®# 988398

    5201 999 Bowen Rd Na University District Nanaimo V9R 2A4
    Main Photo: 5201 999 Bowen Rd in Nanaimo: Na University District Condo for sale : MLS®# 988398

    5201 999 Bowen Rd Nanaimo V9R 2A4 Na University District

    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    988398
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    654 sq. ft.
    This well-cared-for one-bedroom corner unit offers a fantastic opportunity for first-time buyers or investors. Ideally located near VIU, NRGH, Buttertubs Marsh, and Bowen Park, this home combines convenience with modern comfort. Inside, you'll find all-new flooring throughout and a fully updated four-piece bathroom. The functional kitchen features two appliances, a stylish backsplash, and white cabinetry. The bright living room opens onto a covered deck, perfect for enjoying your morning coffee. An in-unit storage room provides added convenience. The pet-friendly complex allows up to two cats OR one dog (max 50 lbs). For more information, see the 3D tour, video and floor plan. All data and measurements are approx. and must be verified if fundamental. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
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Data was last updated May 9, 2025 at 12:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.