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$3,880,000
Status: For Sale
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13808820 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Sep, 2026 (16 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Hastings |
|---|---|
| Postal Code | :
K8N 4Z2
|
| Price | : $3,880,000 |
|---|---|
| Property Taxes | :$9600.0 |
| Tax Year | :2025 |
|---|
| Cross Street | :Palmer and Moira St W |
|---|
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :< 700 sqft |
| Exterior Finish | :Other |
|---|---|
| Parking Space | :0 |
| Garage | :Other |
|---|
21 Sep, 2026
TREB #X13808820
Listed
$3880000.0
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