Lake Torment, Nova Scotia, Canada
As of September 4, 2026, the median asking price in Lake Torment is $150,000, across 70 active MLS® listings.
Those listings have been on the market an average of 145 days.
9 new listings came to market in Lake Torment in the last 30 days.
Asking prices work out to about $275 per square foot, based on the 34 listings that report floor area.
Vacant land in Lake Torment are listed at an average of $89,491 across 35 active listings.
Detached homes in Lake Torment are listed at an average of $349,823 across 21 active listings.
Homes in Lake Torment are listed at an average of $257,633 across 9 active listings.
Lake Torment is a very small, rural lakeside area in Nova Scotia characterized by low-density housing (detached homes, seasonal cottages, and small-acreage properties) with a strong outdoor/recreation lifestyle. The population skews toward long-term local residents plus a meaningful seasonal presence (summer cottages and retirees). Demand is driven more by lifestyle and affordability than by major employment nodes, and inventory is typically thin, so individual sales can move “average” prices noticeably year to year.
Amenities within the immediate neighbourhood are limited to local services and recreation (lake access, trails/woods, boating and fishing), with most shopping, healthcare, and broader services requiring a drive to nearby larger communities. School options are generally outside the immediate lakeside pocket and reached by school bus/commute, typical of rural Nova Scotia. Transit is effectively car-dependent with no practical fixed-route service; this limits renter depth but supports a niche market for tenants seeking quiet rural living. Real estate trends tend to be steadier than Halifax, with pricing influenced by interest rates and second-home sentiment; rentals are mostly single-family/whole-home or basement-suite arrangements with limited multi-unit stock, keeping rents moderate but yields often stronger relative to purchase prices than in big cities.
Lake Torment’s neighbourhood market currently shows limited market data available, which signals a thin pool of active listings and recent sales to benchmark pricing and demand. For buyers, this can mean fewer comparable options and more variability between properties, while investors should expect higher uncertainty around fair value and days-on-market until more transaction data emerges.
The median asking price in Lake Torment is $150,000, across 70 active MLS® listings as of September 4, 2026. The average asking price is $214,201. These are list prices on homes currently for sale, not sale prices.
There are 70 active MLS® listings in Lake Torment as of September 4, 2026. 9 of them came to market in the last 30 days.
Homes currently listed in Lake Torment have been on the market an average of 145 days as of September 4, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 70 homes currently listed in Lake Torment, 50% vacant land, 30% detached houses, 1% commercial properties.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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