The luxury market in Atlantic Canada, and Nova Scotia in particular, is characterized by a unique offering, focused on quality of life, space, and often proximity to the coastline. Here’s a look at trends and prices for luxury properties in this region in 2025.
Nova Scotia: coastal prestige and property diversity
- Luxury entry threshold: Luxury properties in Nova Scotia generally start at around $1.5 million, with an average luxury home price of between $720,000 and $735,000; however, truly high-end properties often trade between $1.5 million and over $5 million.
- Recent examples:
- Halifax and the surrounding area offer prestigious homes at $1.6 M, $2.2 M or even over $3 M for exceptional properties.
- On the coast (Lunenburg, Mahone Bay, Wellington), you’ll find contemporary or historic residences, often on the waterfront, priced between $1.3 million and $4.4 million.
- The most sought-after properties offer large lots, breathtaking ocean views, top-of-the-range finishes, leisure facilities (swimming pools, wine cellars, home automation) and direct access to the beach or lake.
- Halifax and the surrounding area offer prestigious homes at $1.6 M, $2.2 M or even over $3 M for exceptional properties.
- Active market: Over 200 luxury properties are currently for sale in Nova Scotia, with a strong concentration in the Halifax, Lunenburg and Middle Sackville areas.
- Trends: Buyers, both local and international, are attracted by the combination of privacy, nature and prestige, often at a more affordable price than in Canada’s major metropolises.
Other Atlantic provinces
- New Brunswick, Prince Edward Island, Newfoundland and Labrador: The supply of luxury properties exists, but remains more limited in volume and value than in Nova Scotia. Prestige homes in these provinces generally range from $800,000 to $2 million, with exceptions for unique waterfront or historic properties.
- Sought-after features: Large lots, water access, distinctive architecture, high-end renovation and discretion.
Comparison table
| Province | Luxury entry threshold (2025) | Average luxury price | Observed range | Flagship locations |
|---|---|---|---|---|
| Nova Scotia | $1.5M | $720,000–$735,000 | $1.5M to $5M+ | Halifax, Lunenburg, Mahone Bay |
| New-Brunswick | ~$800,000 | $800,000–$1.5M | $800,000 to $2M+ | Saint John, Fredericton |
| Prince Edward Island | ~$900,000 | $900,000–$1.5M | $900,000 to $2M+ | Charlottetown, North Shore |
| Newfoundland and Labrador | ~$1M | $1M–$1.5M | $1M to $2M+ | St. John’s, East Coast |
In 2025, Atlantic Canada offers a dynamic luxury market, mainly in Nova Scotia, where prestige properties rival those of major urban areas, but are often more affordable and set in exceptional natural surroundings.
