340 Palmer Road, Belleville, ON K8N 4Z2
For Sale
37 days on Market
MLS® X12853934
1 / 0
Overview
Active
39 Townhouse Development Approved - 340 Palmer Rd, Belleville Residential development land of approximately 4.65 acres with a previously approved project for 39 townhouses, allowing a builder to proceed with development subject to normal municipal requirements. Certain larger lots may allow the addition of garden suites (rear yard units) which can be submitted to the City together with the architectural interior plans, creating the potential for additional rental income, subject to municipal approvals. The property is located in a growing residential area close to Highway 401, Belleville General Hospital, schools, shopping, and public transit. The City of Belleville has adopted policies supporting increased residential density, allowing the possibility to explore mid-rise or higher-density development, subject to municipal approvals. A conceptual rendering illustrating up to 459 residential units was previously presented to the City for discussion purposes only and is for illustration only. All offers welcome.
Lot Size
3.1 acres
Type
Vacant Land
Property Details
Year BuiltNot Disclosed
CityBelleville
Postal CodeK8N4Z2
Lot Dimensions262.17 × 513.00 ft
Utilities & Services
Heat SourceWell
SewerSeptic Tank
340 Palmer Road, Belleville, ON K8N 4Z2
Purchase Calculator
$3,980,000.00
$835,800.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
Insured Prefer
💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
🛠️ Maintenance
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🛠️ Maintenance
⚡ Utilities etc.
Total Monthly Cost
⚙️
0
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Home expenses
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Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
340 Palmer Road, Belleville, ON K8N 4Z2
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Listed 37 days ago
$3,980,000
3.1 Acres
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