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$ 3,980,000
Est. payment /mo
Active
340 PALMER ROAD Belleville (belleville Ward), ON K8N4Z2
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Belleville Ward
MLS® Listing ID X12387064
Source Toronto Regional Real Estate Board
Property Description
340 Palmer Road, BellevilleResidential Development Land | Approx. 4.65 AcresA prime development opportunity in the heart of Belleville. This centrally located parcel offers approximately 4.65 acres, positioned close to schools, shopping, public transit, Highway 401, and Belleville General Hospital.The City of Belleville has recently updated planning policies to encourage mid-rise and high-rise intensification. Conceptual drawings have been prepared to illustrate redevelopment potential, showing options for up to 459 residential units with 395 underground parking spaces (subject to municipal approvals). These drawings are provided for illustration only and do not represent final approvals or design.Neighbouring properties are already advancing mid-rise applications, underscoring strong momentum for higher-density development in this corridor.Highlights:Lot Size: Approx. 4.65 acresCentral Belleville location with easy access to amenities and transitRecent municipal policy updates supporting intensificationConceptual plans illustrating large-scale redevelopment potentialStrong market activity in the immediate area with comparable projects underwayAn excellent opportunity for builders and developers to deliver a project aligned with Bellevilles growth and intensification vision. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX ALL-STARS REALTY INC.
