Nova Scotia
Build in Glace Bay
Sub-1% vacancy, 20% lower construction costs, and strong commuter demand make Glace Bay a compelling opportunity
R-3
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent
Zoning in Glace Bay
Multiple zones allow multi-family development as-of-right, with varying density allowances.
R-1
Up to 1 Units
Low-density residential zone primarily for single-family dwellings. Limited options for multiplex development without rezoning.
9m (2.5 storeys)
35% coverage
R-2
Up to 2 Units
Medium-density residential zone allowing duplexes and semi-detached homes. Common in established Glace Bay residential areas.
9m (2.5 storeys)
40% coverage
R-3
Up to 4 Units
Higher-density residential zone allowing multi-unit dwellings including triplexes and fourplexes. Primary target zone for multiplex development in Gla...
11m (3 storeys)
45% coverage
Why Build in Glace Bay?
✓
Sub-1% Vacancy Rate
CBRM's vacancy rate dropped to 0.8% in 2023, the lowest in Nova Scotia. Strong rental demand from healthcare workers, retail employees, and families means quality units rent quickly with minimal turnover.
✓
20% Lower Construction Costs
Glace Bay's 0.80x cost multiplier compared to HRM delivers significant savings. Combined with substantially lower land prices, investors can build more units for the same capital outlay.
✓
Simplified 2023 Zoning
CBRM's comprehensive Land Use By-law update reduced zones from 100+ to under 25, with increased as-of-right density near community cores. Clearer development pathways reduce approval uncertainty.
✓
Commuter Community Demand
Glace Bay residents commute to Sydney for healthcare, retail, and service sector jobs. Strong demand for affordable, quality rental housing from working families seeking lower housing costs than Sydney.
Products Available in Glace Bay
Based on local zoning, these products can be built as-of-right or with standard approvals.
Have a Lot in Glace Bay?
Helio is actively building across Nova Scotia. Get a quote for your specific lot.