Nova Scotia

Build in Parrsboro

World's highest tides, UNESCO Geopark status, and Nova Scotia's arts community create unique tourism-driven rental demand at ultra-affordable development costs

Parrsboro, Nova Scotia — ink and watercolor illustration
R-2
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent

Zoning in Parrsboro

Multiple zones allow multi-family development as-of-right, with varying density allowances.

R-1
Up to 1 Units
Low-density residential zone for single-family homes in established Parrsboro neighborhoods. Limited multi-unit development without rezoning.
10m (2.5 storeys) 40% coverage
R-2
Up to 2 Units
Medium-density residential zone allowing duplexes and semi-detached homes. Found in older residential areas of Parrsboro near the waterfront and downt...
10m (2.5 storeys) 45% coverage
R-3
Up to 4 Units
Higher-density residential zone permitting triplexes and small multi-unit buildings. Limited availability in Parrsboro.
11m (3 storeys) 50% coverage

Why Build in Parrsboro?

30% Lower Development Costs
Parrsboro's 0.70x cost multiplier compared to Halifax means significant savings on land, labor, and materials. Affordable development costs combined with tourism rental premiums create attractive investment returns.
UNESCO Global Geopark Status
Parrsboro is a gateway to the Cliffs of Fundy UNESCO Global Geopark, one of only a handful in North America. This designation draws geology enthusiasts, researchers, and eco-tourists year-round, supporting rental demand from visiting scientists and seasonal workers.
Thriving Arts and Cultural Scene
Ship's Company Theatre, built around the historic MV Kipawo ferry, presents Canadian plays each summer, drawing theatre-goers and artists. The annual Nova Scotia Gem and Mineral Show has run since 1966, bringing rockhounders from across the continent.
World's Highest Tides Tourism
The Bay of Fundy's 16-metre tides expose new fossils and gems with every low tide, making Parrsboro a bucket-list destination for amateur and professional geologists alike. This unique natural phenomenon drives consistent seasonal tourism.

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