Nova Scotia
Build in Truro
Lower costs, strong healthcare employment, and strategic location make Truro an attractive market for multiplex investment
R-3
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent
Zoning in Truro
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. Limited flexibility for multiplex development.
10m (2.5 storeys)
35% coverage
R-2
Up to 2 Units
Low-density residential zone allowing duplexes. Common in established residential areas.
10m (2.5 storeys)
40% coverage
R-3
Up to 4 Units
Medium-density residential zone allowing triplexes and fourplexes. Primary target zone for Helio development in Truro.
11m (3 storeys)
45% coverage
Why Build in Truro?
✓
15% Lower Construction Costs
Truro's 0.85x cost multiplier compared to HRM means significant savings on labor and materials. Combined with substantially lower land costs, the same investment goes further than in Halifax.
✓
Healthcare Employment Anchor
Colchester East Hants Health Centre is a major regional hospital employing hundreds of healthcare workers. Consistent demand for quality rental housing from nurses, technicians, and support staff.
✓
Strategic Location
One-hour drive to Halifax, gateway to Cape Breton and the Maritimes. Attracts workers who want affordable housing with reasonable commute options. Regional retail hub draws employees from surrounding communities.
✓
Low Permit Fees
Building permits at $0.06 per square foot are among the lowest in Nova Scotia. A 4,000 sqft fourplex costs only $240 in building permit fees, compared to $1,200+ in Halifax.
Products Available in Truro
Based on local zoning, these products can be built as-of-right or with standard approvals.
Have a Lot in Truro?
Helio is actively building across Nova Scotia. Get a quote for your specific lot.