Nova Scotia
Build in Wolfville
Near-zero vacancy, university demand, and Housing Accelerator Fund support make Wolfville ideal for triplex and fourplex investment
R-3
Primary Zone
From $160K
Per Unit Cost
From $2,000/mo
Standard Rent
Zoning in Wolfville
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. Single room occupancy restrictions apply.
10m (2.5 storeys)
35% coverage
R-2
Up to 2 Units
Low-density residential zone allowing duplexes. Common in established residential areas near Acadia University campus.
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 Wolfville. Strong student housing dema...
11m (3 storeys)
45% coverage
Why Build in Wolfville?
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Captive University Market
Acadia University's 3,765 full-time students create reliable rental demand each academic year. Most upper-year students live off-campus, and the university encourages early housing searches 6-12 months in advance, indicating strong demand.
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Near-Zero Vacancy Rate
Kings County vacancy rate of 0.2% (CMHC) is among the lowest in Nova Scotia. Wolfville's vacancy is estimated below 2%, with many believing it approaches 0%. Quality units rent immediately with minimal vacancy loss.
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Housing Accelerator Fund Support
Wolfville received $1.8 million through the federal Housing Accelerator Fund. Initiatives include fee waivers, reduced parking requirements, expanded as-of-right permissions, and a Student Housing Strategy with Acadia University.
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15% Lower Construction Costs
Wolfville's 0.85x cost multiplier compared to HRM means significant savings on labor and materials. Combined with strong student rental premiums, investors can achieve excellent returns.
Products Available in Wolfville
Based on local zoning, these products can be built as-of-right or with standard approvals.
Have a Lot in Wolfville?
Helio is actively building across Nova Scotia. Get a quote for your specific lot.