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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  • 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
    $399,000
    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
    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
    $399,000
    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
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 474 & 486 Wakesiah Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 993151

    474 & 486 Wakesiah Ave Na University District Nanaimo V9R 3K9
    Main Photo: 474 & 486 Wakesiah Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 993151
    $1,040,000
    Residential
    Status:
    Active
    MLS® Num:
    993151
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,330 sq. ft.
    x2 Homes on x2 lots with lane access. A perfect investment Land Assembly: This great development opportunity right next to the fast growing ever expanding Vancouver Island University. The offering is for two parcels 474 Wakesiah Avenue and 486 Wakesiah Avenue. They both have rentable dwellings with one that is vacant and the other is currently rented out mo/mo. Tenancy information is available on request. Build up for condos, or carriage homes for more rent. Plenty of opportunities here bring your ideas. Measurements and property dimensions taken from the City of Nanaimo map and reflect 13,800 Sqft of land. Information in listing is for 474 and 486 (other)! Please inquire within for details and your private viewing. We require to give the tenant plenty of notice. All data including measurements are from sources which we believe to be reliable but should be verified if deemed to be important. More details
    Listed by Sutton Group-West Coast Realty (Nan)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 595 Hillcrest Ave in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1001933

    595 Hillcrest Ave Na University District Nanaimo V9R 3M6
    Main Photo: 595 Hillcrest Ave in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1001933
    $399,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1001933
    Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 595 Hillcrest Ave. 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
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 595 Hillcrest Ave in Nanaimo: Na University District Land for sale : MLS®# 1002260

    595 Hillcrest Ave Na University District Nanaimo V9R 3M6
    Main Photo: 595 Hillcrest Ave in Nanaimo: Na University District Land for sale : MLS®# 1002260
    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    1002260
    Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 595 Hillcrest Ave. 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
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 286 King Rd in Nanaimo: Na University District Land for sale : MLS®# 1006587

    286 King Rd Na University District Nanaimo V9R 6H9
    Main Photo: 286 King Rd in Nanaimo: Na University District Land for sale : MLS®# 1006587
    $299,000
    Residential
    Status:
    Active
    MLS® Num:
    1006587
    Exceptional opportunity in Nanaimo’s University District. This 1.21 acre lot offers breathtaking ocean views and an ideal location for your dream home. Outdoorsy folks will love the proximity to Nanaimo Aquatic Centre, Nanaimo Ice Rink, and an array of walking trails. For recreation and leisure, Westwood Lake is just a short drive away, offering swimming, picnicking, and kayaking. Plus, Splitsville Bowling and Games is nearby for family fun and entertainment. Don’t miss out on this prime piece of real estate in a thriving and convenient location! Buyers are to consult with the City of Nanaimo regard to building homes. More details
    Listed by Century 21 Harbour Realty Ltd.
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • CLS CLS Ave in Nanaimo: Na University District Business for sale : MLS®# 1008412

    CLS CLS Ave Na University District Nanaimo V9R 3Y6
    Main Photo: CLS CLS Ave in Nanaimo: Na University District Business for sale : MLS®# 1008412
    $299,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1008412
    This fully built-out quick-service restaurant offers a rare chance to step into a high-quality space designed for both dine-in and grab-and-go service. With seating for up to 35 guests and a food license in place, this location is ready to operate from day one. Featuring strong street visibility, impressive frontage, and access to a large shared parking lot, the restaurant benefits from consistent foot and vehicle traffic driven by prominent anchor tenants. The commercial kitchen is fully vented and equipped with a 10x8 walk-in cooler and ample prep space, making it suitable for a wide variety of food concepts. Ideally situated in a newer development surrounded by residential neighborhoods and a nearby university campus, this is a prime location for a food business looking to capture steady local demand. Confidential listing – NDA required for further information. Another store in Comox is available for sales. Please check MLS 1008644. More details
    Listed by eXp Realty (NA)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 1348 Langara Dr in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1023252

    1348 Langara Dr Na University District Nanaimo V9R 6A8
    Main Photo: 1348 Langara Dr in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1023252
    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    1023252
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,888 sq. ft.
    New construction with NO GST in desirable College Heights, built by quality builder Arlin Ventures. This thoughtfully designed home offers 5 bedrooms plus a spacious den and 4 bathrooms, including a 1-bedroom legal suite—ideal for extended family or added income. Modern finishes, a functional layout, and quality craftsmanship are evident throughout. Enjoy an active lifestyle with Westwood Lake and its trail network just steps away, perfect for hiking, biking, and outdoor recreation. A rare opportunity to own a brand-new home in a prime location with exceptional value. Data and measurements approximate and must be verified if deemed important. More details
    Listed by REMAX Professionals (NA)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134

    640 5th St Na University District Nanaimo V9R 1P9
    Main Photo: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
    $2,750 /mth
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    1024134
    Prime Lease space approx 1190 SQ FT level access with store front and parking in front of building. Busy street with great exposure, display window, on bus route, close to University and University Mall. Large signage or awnings allowed. Some improvements from precious tenant include, update wheelchair access bathroom, some counters, heating and air conditioning, hand washing sink. This space is ideal for restaurant, grocery, retail or services as allowed under Cor 3 zoning. More details
    Listed by Island Pacific Realty Ltd.
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 308 Harewood Rd in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1026160

    308 Harewood Rd Na University District Nanaimo V9R 2Z2
    Main Photo: 308 Harewood Rd in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1026160
    $749,900
    Residential
    Status:
    Active
    MLS® Num:
    1026160
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,034 sq. ft.
    Discover 308 Harewood Rd, a smart investment or development in Nanaimo’s vibrant corridor. This property offers a 3-bedroom, 1-bathroom main residence plus a separate 2-bedroom, 1-bathroom legal suite—ideal for mortgage support through rental income. Situated on a rare lot with multiple road frontages and zoned COR1 (Residential Corridor), the development potential is enormous. The COR1 designation allows small-scale multi-family or mixed-use projects, making this a canvas for future redevelopment or continued income generation, tenants in both units help cover costs, while you plan your redevelopment project. Location is prime: a short walk to Vancouver Island University, plus nearby shopping, parks and transit. Whether you’re an investor eyeing growth or a homeowner seeking extra revenue and future flexibility, this versatile Nanaimo property has it all. Embrace the opportunity of multi-use zoning, supportive income, and unbeatable location. More details
    Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • C 4059 Norwell Dr in Nanaimo: Na University District Retail for lease : MLS®# 1026436

    C 4059 Norwell Dr Na University District Nanaimo V9T 1Y8
    Main Photo: C 4059 Norwell Dr in Nanaimo: Na University District Retail for lease : MLS®# 1026436
    $19 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    1026436
    An excellent leasing opportunity is now available in the highly desirable Uplands area of Nanaimo. Conveniently located on Norwell Road, just minutes from the Island Highway, this well-positioned 550 sq ft commercial unit offers outstanding exposure in a vibrant residential and commercial mixed neighbourhood. With steady local traffic, strong surrounding demographics, and easy accessibility, this unit is well-suited for a variety of retail, service, or professional uses (subject to zoning). Don't miss this opportunity to secure a prime location and grow your business in one of Nanaimo's most established neighborhoods. Available for immediate occupancy More details
    Listed by Sutton Group-West Coast Realty (Nan)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 370 Vienna Pl in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1027182

    370 Vienna Pl Na University District Nanaimo V9R 0K6
    Main Photo: 370 Vienna Pl in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1027182
    $799,900
    Residential
    Status:
    Active
    MLS® Num:
    1027182
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,923 sq. ft.
    The perfect "middle ground" between a brand-new build and a home with privacy, this is it. Built in 2022, 3 bed home in the University District is set up for a growing family, starting with a main-level entry that makes bringing in groceries or strollers a breeze. The heart of the home is a bright, open kitchen and living area—complete with a gas fireplace for winter nights and AC to keep the kids cool all summer. Upstairs, the loft is a game-changer; it’s the ideal spot for a playroom, a quiet homework station, or even a home office. What really sets this place apart, though, is the backyard. You have your own private, west-facing patio that backs right onto a green space and creekside trails, meaning no rear neighbors—just nature and afternoon sun. You’re within walking distance to schools and VIU, and just a quick drive to downtown markets and parks. It’s a low-maintenance home that lets you spend less time on yard work and more time exploring the trails right outside your back door More details
    Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
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Data was last updated May 8, 2026 at 02:05 PM (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.