340 Palmer Road, Belleville, ON K8N 4Z2, photo 1

340 Palmer Road, Belleville, ON K8N 4Z2

Belleville Ward · Belleville · K8N 4Z2

$3,880,000

MLS® X13808820

About this property

Development opportunity in 340 Palmer Rd, Belleville with R2 zoning in place possible permitting mid-rise residential development. The property is zoned to allow potentially a multi-building residential project consisting of 7 buildings, generally up to 4 storeys, with a maximum of 251 residential units and approximately 239 parking spaces. Total site area approximately 4.65 acres. Conceptual plans illustrating a potential development scheme are available. Located within a growing residential area with access to major roads, amenities, and municipal services. The site offers significant scale and flexibility for developers seeking to capitalize on the increasing demand for housing in the Belleville market.

Details

Property type
Other · Residential Freehold
Bedrooms
0
Bathrooms
0
Living area
< 700 sq ft
Lot
AS PER GEOWEARHOUSE
Style
Other
Garage
Other
Parking total
0
Taxes
$9,600 (2025)

Location

Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).

Payments on this home

Estimated monthly payment

$17,180

Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.

Listing courtesy of RE/MAX ALL-STARS REALTY INC.. Listing data provided by the originating real estate board via PropTx Amplify Syndication.

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.