Nova Scotia
Build in New Glasgow
18% lower costs than Halifax, stable manufacturing employment, and streamlined permitting make New Glasgow an attractive market for multiplex investment
R3
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent
Zoning in New Glasgow
Multiple zones allow multi-family development as-of-right, with varying density allowances.
R1
Up to 1 Units
Low-density residential zone for single-family homes. Recent amendments rezoned many R1 areas to R2 to expedite housing approvals.
10m (2.5 storeys)
35% coverage
R2
Up to 2 Units
Two-unit residential zone allowing duplexes. Significantly expanded under recent bylaw amendments to permit more as-of-right development and tiny home...
10m (2.5 storeys)
40% coverage
R3
Up to 4 Units
Medium-to-high density residential zone allowing triplexes, fourplexes, and multi-unit dwellings. Primary target zone for Helio development in New Gla...
11m (3 storeys)
45% coverage
Why Build in New Glasgow?
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18% Lower Construction Costs
New Glasgow's 0.82x cost multiplier compared to HRM delivers significant savings on labor and materials. Combined with substantially lower land costs, the same investment goes further than in Halifax.
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Stable Manufacturing & Healthcare Employment
Michelin employs 3,600+ across Nova Scotia with facilities nearby. Aberdeen Regional Hospital serves as a major healthcare anchor. Sobeys headquarters and NSCC campus in adjacent Stellarton add employment diversity.
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Streamlined Permitting
The 2025 Common Land Use By-law amendments expanded as-of-right approvals for multi-unit residential development. Most R1 areas rezoned to R2, and R3 zones permit fourplexes without special approvals.
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Regional Hub Advantage
As the commercial center for 34,000+ Pictou County residents, New Glasgow offers retail, healthcare, and service sector employment that creates diverse rental demand beyond a single employer.
Products Available in New Glasgow
Based on local zoning, these products can be built as-of-right or with standard approvals.
Have a Lot in New Glasgow?
Helio is actively building across Nova Scotia. Get a quote for your specific lot.