340 Palmer Road, Belleville, ON K8N 4Z2

For Sale 37 days on Market MLS® X12853944
Asking Price
$3,980,000
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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.
Area
350 sqft
Lot Size
3.1 acres
Type
Other

Property Details

Year BuiltNot Disclosed
CityBelleville
Postal CodeK8N4Z2
Lot Dimensions262.17 × 513.00 ft

Interior Features

Style: Other

Exterior & Land

Construction: Other
Roof: Other

Utilities & Services

Heat SourceWell
SewerSeptic Tank

Financial Information

List Price$3,980,000
Annual Taxes$9,600 (2025)
Days on Market37
MLS® X12853944 • Listed by RE/MAX ALL-STARS REALTY INC.
340 Palmer Road, Belleville, ON K8N 4Z2
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$3,980,000.00
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Effective Amortization30 Years
Property Location
340 Palmer Road, Belleville, ON K8N 4Z2
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