University District Real Estate
The University District neighbourhood is self-explanatory, in that properties of this community encircle Vancouver Island University: a world-class learning institution that plays a huge role in the educational, cultural, and economic life of Nanaimo. This district is one of Nanaimo's most desirable, particularly for students, due to its proximity to the campus as well as the University Village Shopping Centre and both indoor and outdoor recreation facilities. Contact the Carly Carey Real Estate Team today to start your home search, or click to learn more about University District real estate.
University District Real Estate Stats
| Average Home Price | $663K |
|---|---|
| Lowest Priced Home | $320K |
| Highest Listing Price | $1.1M |
| Total Property Listings | 31 |
| Avg. Days On Market | 47 |
| Avg. Price/SQFT | $461 |
Property Types (active listings)
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University District Overview
The University District area offers a selection of both old character homes and brand new developments, including single-family homes, townhomes, and condos. The influx of young families and students attending the university has shaped the revitalization of this neighbourhood, making it a top pick for a range of homebuyers. Harewood is a neighbourhood within the University District, known for its charming character homes—remnants from Nanaimo's intriguing mining history. The area north of Sixth Street has seen the most re-development.
University District Real Estate Highlights
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01Affordable character homes with a fascinating history
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02Plenty of new construction in brand-new subdivisions
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03Direct access to Vancouver Island University
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04Great investment opportunities catering to the high student population
Great Shopping
The University District is just minutes from the University Village Shopping Centre, which offers essentials like grocery stores, cafes and a Starbucks, pharmacies and a Shoppers Drug Mart, and other desirable amenities in a well-manicured plaza with ample parking. Family-owned restaurants, thrift stores, and more are found within this neighbourhood,
Additionally, the Nanaimo Parkway grants residents easy access to all of the other shopping malls and services that Nanaimo has to offer. This part of the city also has bikeable streets and public transit routes that go directly to the campus and the downtown.
University District Real Estate
While the University District is recognized for its eccentric mixture of old and new properties, this neighbourhood's real estate market extends beyond just single-family homes. First-time buyers in particular often choose townhomes, and this neighbourhood offers a number of complexes that are located near the university campus. Condos are also an option for new buyers.
For those interested in building their own custom home, this neighborhood sometimes offers land or tear-down opportunities.
Top University District Highlights & Attractions
This neighbourhood is recognized for being family-friendly and close to amenities, which suits a range of prospective homebuyers. Residents are within walking distance to the Nanaimo Aquatic Centre, which is notable for its pools, waterslides, and fitness facility, as well as the Nanaimo Ice Centre and the ball fields. Additionally, like many other Nanaimo neighbourhoods, the University District is home to several parks and green spaces, which range in size. This includes the old athletic field, Robins Park, Harewood Centennial Park, and the Serauxmen Sports Fields at Third Street Park. Baseball fields, playgrounds, and other facilities are just a short walk, bike ride, or drive away.
Nearby schools include Fairview Elementary School, Georgia Avenue Elementary School, Nanaimo District Elementary School, and John Barsby Secondary School.
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University District Real Estate Frequently Asked Questions
Q: Do a lot of students live in Nanaimo’s University District?
A: The University District demographics are a mixture of families and students, and includes single-family and multi-family homes. This neighbourhood does have quite a few rental properties that are great options for students.
Q: Are there any bus routes in the University District?
A: Several bus routes go through the University District: 5 (Fairview), 6 (Harewood), 8 (Cedar), 15 (VIU Connector via Parkway), 15A (VIU Connector via Jingle Pot), and 40 (VIU Express).
Q: Is Colliery Dam Park dog-friendly?
A: Colliery Dam Park, which is one of the city’s larger parks, is known for its hiking trails along the lakes, wildlife-watching, fishing, and more. Parts of the trails are dog-friendly, with designated off-leash and on-leash areas.
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