Nova Scotia
Build in Sydney, Nova Scotia
Lowest construction costs in Nova Scotia, sub-1% vacancy, and strong institutional demand from CBU and healthcare
R-M
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent
Zoning in Sydney, Nova Scotia
Multiple zones allow multi-family development as-of-right, with varying density allowances.
R-L
Up to 2 Units
Low-density residential zone for single-family and two-unit dwellings. Accessory dwelling units permitted.
10m (2.5 storeys)
40% coverage
No parking req
R-M
Up to 6 Units
Medium-density residential zone allowing small multi-unit buildings. Primary target zone for Helio development in Sydney.
11m (3 storeys)
50% coverage
No parking req
R-H
Up to 12 Units
Higher-density residential zone near downtown cores allowing apartments and larger multi-unit buildings.
15m (4 storeys)
60% coverage
No parking req
Why Build in Sydney, Nova Scotia?
✓
20% Lower Construction Costs
Sydney's 0.80x cost multiplier represents the lowest construction costs in Nova Scotia. Combined with land prices well below Halifax, your investment stretches significantly further in Cape Breton.
✓
Sub-1% Vacancy Rate
Cape Breton's vacancy rate plummeted from 8.2% in 2020 to 0.8% in 2023 - the lowest in Nova Scotia. Rental demand far outpaces supply, ensuring quick tenant placement and minimal vacancy losses.
✓
CBU Student Market
Cape Breton University has approximately 7,000 students, with most seeking off-campus housing. The university recommends students budget $1,000/month for housing, creating consistent rental demand.
✓
No Minimum Parking
CBRM's new Land Use By-law eliminated minimum parking requirements, maximizing buildable area. More units per lot means better returns on your land investment.
Products Available in Sydney, Nova Scotia
Based on local zoning, these products can be built as-of-right or with standard approvals.
Have a Lot in Sydney, Nova Scotia?
Helio is actively building across Nova Scotia. Get a quote for your specific lot.