340 Palmer Road, Belleville, ON K8N 4Z2
Belleville
Development opportunity in 340 Palmer Rd, Belleville with R2 zoning in place permitting mid-rise residential development. The property is zoned to allow possible 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 19,067.80 sq. m. (4.71 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. Development Opportunity - 340 Palmer Road, Belleville, OntarioR2 Zoned Residential Development SitePotential for a Multi-Building Residential DevelopmentApproximately 4.71 Acres (19,067.8 sq. m.)Potential for up to seven (7) apartment buildings, generally up to four (4) storeys, subject to municipal approvals and purchaser's due diligence.Conceptual plans illustrate a potential development of up to 251 residential units and approximately 239 parking spaces.Located in a growing residential community with convenient access to major roads, schools, shopping and municipal services.Investment HighlightsLarge infill development opportunityExisting R2 zoningStrong residential growth areaConceptual development plans availableSeller Take-Back Financing May Be ConsideredDisclaimerConceptual renderings and plans are for illustration purposes only.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 340 Palmer Road, Belleville, ON K8N 4Z2
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MLS# X12853934
Listed by RE/MAX ALL-STARS REALTY INC.
On market since Mar 6, 2026
340 Palmer Road, Belleville, ON K8N 4Z2 is listed for $3,880,000 CAD.
340 Palmer Road, Belleville, ON K8N 4Z2 has 0 bedrooms and 0 bathrooms.
340 Palmer Road, Belleville, ON K8N 4Z2 is a Vacant Land.
340 Palmer Road, Belleville, ON K8N 4Z2 is in Belleville, Ontario.
340 Palmer Road, Belleville, ON K8N 4Z2 is currently for sale.
Contact Avi Hayev at +16471112222 to arrange a private showing of 340 Palmer Road, Belleville, ON K8N 4Z2 (MLS# X12853934). You can also send a message through the contact form on this site.
