340 Palmer Rd, Belleville, ON K8N 4Z2

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.

For Sale - 340 Palmer Road, BellevilleResidential Development Land | Approx. 4.65 AcresA well-located development parcel in central Belleville . The site is situated near schools, shopping, public transit, Highway 401, and Belleville General Hospital, providing strong connectivity and everyday convenience. The area has seen recent planning activity that supports residential growth and urban intensification. Conceptual materials previously prepared for this property illustrate one possible vision for a multi-residential community. These concepts include ideas for mid- or high-density residential forms; however, all such concepts are for illustration only and remain fully subject to municipal review, zoning, and approvals. No plans have been submitted or approved. Neighbouring properties along this corridor have advanced through the planning process with mid-rise applications, reflecting interest in higher-density housing in the surrounding area. Close to retail amenities, schools, health services, and major transportation routesArea supported by municipal policies encouraging residential intensification. Conceptual design materials available for reference only. Surrounding lands have active mid-rise and multi-residential proposals. Suitable opportunity for builders or developers seeking a site with potential for future residential use, subject to zoning and approvals