Nova Scotia
Build in Pictou
Scottish heritage tourism, PEI ferry traffic, and waterfront redevelopment create rental opportunities in this historic coastal town
R2
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent
Zoning in Pictou
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 have rezoned most R1 areas to R2 to improve permitting efficiency and address ...
10m (2.5 storeys)
35% coverage
R2
Up to 2 Units
Two-unit residential zone allowing duplexes. Expanded under 2025 amendments to cover most former R1 areas. Permits tiny homes on undersized lots in Pi...
10m (2.5 storeys)
40% coverage
R3
Up to 4 Units
Medium-density residential zone allowing triplexes, fourplexes, and multi-unit dwellings. Primary target zone for Helio development in Pictou with exp...
11m (3 storeys)
45% coverage
Why Build in Pictou?
✓
20% Lower Construction Costs
Pictou's 0.80x cost multiplier compared to HRM delivers significant savings on labor and materials. Combined with lower land costs than urban centers, investors can build quality rental units at substantially reduced capital outlay.
✓
Waterfront Redevelopment Momentum
The $12.5 million Market Wharf and marina redevelopment (2024-2027) is transforming Pictou's waterfront into a first-class destination with expanded berthing, fueling stations, and modern amenities, driving tourism and economic activity.
✓
Streamlined Common Permitting
Pictou shares the Common Land Use By-law with New Glasgow, Stellarton, Trenton, and Westville. 2025 amendments rezoned most R1 to R2, expanded as-of-right approvals, and added tiny home provisions specifically for Pictou and Trenton.
✓
Tourism & Ferry Economy
The Hector Heritage Quay attracts heritage tourists, while the Caribou ferry terminal (5 km away) brings seasonal PEI traffic. Grohmann Knives, a world-renowned local manufacturer, adds employment diversity.
Products Available in Pictou
Based on local zoning, these products can be built as-of-right or with standard approvals.
Have a Lot in Pictou?
Helio is actively building across Nova Scotia. Get a quote for your specific lot.