340 Palmer Road, Belleville, ON K8N 4Z2, Belleville, ON
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.
Property Highlights
For Sale
MLS NO.
X12853934
Type
Residential Freehold
Sub Type
Vacant Land
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12853934
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Lot Width
262.17
Lot Size
4.65
Lot Size Units
Acres
Garage
No
Direction Facing
West
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
340 Palmer Road, Belleville, ON K8N 4Z2
City
Belleville
Neighbourhood
Belleville Ward
County / Region
Hastings
Province / State
ON
Postal Code
K8N 4Z2
Cross Street
Palmer and Moira St W
Directions
Palmer and Moira St W
Country
CA
List Price
$3,880,000
Annual Taxes
$9,600
Tax Year
2025
Legal Description
LT 3 RCP 1819 PTS 1,2 21R22223 S/T EASEMENT IN GROSS PT 2 21R22223 AS IN SG7843; EXCEPT PTS 1 & 3 21R23151; BELLEVILLE; COUNTY OF HASTINGS PIN 404570246 PT LT 4, RCP 1819 SIDNEY, PT 1 21R22686; BELLEVILLE; COUNTY OF HASTINGS PIN.404570240
Possession Type
Flexible
Possession Details
IMM
Listing Office
RE/MAX ALL-STARS REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-03-06T15:25:26Z
Media Updated
2026-03-31T14:30:45Z
Photos Updated
2026-03-31T14:30:45Z
Last Modified
2026-07-11T14:39:24Z
System Modified
2026-07-27T22:03:29.382842Z
MLS Status
Price Change
Ddfyn
Yes
Expiration Date
2026-08-31
Hstapplication
Included In
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
404570246
Public Remarks
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.
