Build a Eightplex in Cole Harbour

Under Halifax's Centre Plan, ER-3 zones allow up to 8 dwelling units per lot as-of-right, meaning no rezoning or public hearing is required. This makes the eightplex the maximum density achievable through a straightforward permit process. The June 2024 HAF amendments increased ER-3 density from the previous 4-unit maximum.

With Helio's modular construction, an eightplex starts at $160K per unit for standard 2BR/1BA configurations. A typical 8-unit building costs approximately $1.28M in hard costs plus 8% soft costs (~$102K), totaling around $1.38M. Unit pricing varies: 1BR/1BA ($140K), 2BR/1BA ($160K), 2BR/2BA ($190K), 3BR/2BA ($210K). Use our calculator at heliobuilt.ca/calculator for exact pricing.

An eightplex requires a minimum lot size of approximately 9,000 square feet with at least 60 feet of frontage width. Typical lots are 10,000-12,000 sqft. Corner lots and double-fronted lots work best for eightplex massing. Helio provides free site assessments to determine if your lot can support 8 units.

Yes, eightplexes qualify for CMHC's MLI Select program, which offers exceptional financing terms: up to 95% loan-to-value, 50-year amortization periods, and reduced mortgage insurance premiums. To qualify, projects must meet criteria for affordability (rents below market), accessibility, or energy efficiency. Helio designs eightplexes to maximize MLI Select benefits.

From initial feasibility to tenant occupancy, expect 14-18 months total timeline. This includes 2-4 weeks for site assessment, 6-8 weeks for design, 10-16 weeks for permits, 8 months for construction, and 4-8 weeks for lease-up. Larger buildings require more construction time than fourplexes but benefit from longer permit timelines running concurrently with design refinement.