R-3 As-of-Right Zone

Build a Eightplex in Glace Bay

Fixed-price eightplex construction in Glace Bay — 8 units from $160,000/unit with guaranteed 8-month construction timeline.

Eightplex
8-Unit Building
Starting Price $1,382,400
Est. Monthly Rent $16,000+
Target Cap Rate 5%
Zoning R-3 As-of-Right
Build Time 8 mo
$160,000
Per Unit Cost
R-3
Primary Zone
8 mo
Build Time

Why Build a Eightplex in Glace Bay?

Glace Bay is an excellent location for eightplex development with strong rental demand.

Fixed-Price Construction
Helio builds your eightplex at a fixed price of $160,000/unit — no cost overruns, no surprises. Total starting price: $1,382,400 including soft costs.
Rental Income Potential
Glace Bay offers strong rental demand. At $2,000/unit/month, your 8-unit building could generate $16,000+/month in rental income.
R-3 Zoning
Glace Bay's R-3 zoning supports eightplex development. As-of-right approval means faster permitting and lower development risk.
8-Month Build Timeline
Helio delivers your eightplex in 8 months with a guaranteed timeline and contractual accountability. From permit to occupancy, we manage the entire process.

Development Timeline

What to expect when building a Eightplex in Glace Bay.

Step 1

Site Assessment & Feasibility

Evaluate lot dimensions, zoning confirmation, servicing capacity, and preliminary financial analysis. Confirm 8-unit potential before proceeding.

Step 2

Design Development

Architectural design optimized for site constraints and market demand. Unit mix, parking strategy, and building massing finalized.

Step 3

Permit Applications

Development permit and building permit applications submitted. Engineering drawings, stormwater management, and Halifax Water approvals coordinated.

Step 4

Construction

Foundation, framing, mechanical/electrical rough-in, insulation, drywall, finishes, and landscaping. Regular progress reporting and quality inspections.

Step 5

Occupancy & Tenant Placement

Final inspections, occupancy permit issuance, and marketing to prospective tenants. Lease-up support and property management transition.

Frequently Asked Questions

Ready to Build in Glace Bay?

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