340 Palmer Road photo 1

340 Palmer Road

Belleville Ward / Belleville, ON K8N 4Z2

ActiveFor Sale
0 Beds
0 Baths
700 Sq Ft
5 Lot Sq Ft
Single Family Home

About This Property

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 Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Lot Size5 sq ft
Bedrooms0
Bathrooms0
Taxes (2025)$9,600
Postal CodeK8N 4Z2
Last UpdatedOct 28, 2026 · 11:49 p.m.

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TRREB MLS® Attribution

MLS® X13808820

Listed by RE/MAX ALL-STARS REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$3,880,000

asking price

MLS®X13808820
TypeSingle Family Home
CityBelleville
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$18,947

/month · $3,104,000 mortgage

Down Payment20% — $776,000
Interest Rate5.5%

Amortization

Total Interest

$2,579,965

Total Cost

$5,683,965

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX ALL-STARS REALTY INC.