Your email has been sent.
340 Palmer Rd 4.65 Acres of Residential Land Offered at $2,851,166 USD in Belleville, ON K8N 4Z2
INVESTMENT HIGHLIGHTS
- 4.65 acres zoned for multi-residential
- Up to 459 units with zoning amendment
- Prime Belleville location near transit & amenities
EXECUTIVE SUMMARY
340 Palmer Road, Belleville | 4.65 Acres | Up to 459 Units Potential
Introducing Sand Cherry Court — a rare, large-scale multi-residential development opportunity on 4.65 acres in the growing city of Belleville. Strategically located in a quiet infill pocket surrounded by low-density homes, this site offers exceptional long-term upside for builders ready to deliver much-needed housing in an under-supplied market. For developers seeking scale, flexibility, and minimal regional competition, this property stands out.
Key Highlights:
Zoning & Planning Path:
Zoning amendment in progress to support mid-rise residential development
Proposed plan features seven mid-rise buildings (5–9 storeys) and up to 459 units
Site plan includes 395-space underground parking and 10% affordable housing
City staff are supportive of intensification and increased density that aligns with Belleville’s Official Plan
Site Details:
4.65-acre flat site with wide frontage on Palmer Road
Includes two legal parcels for staged or full-scale build-out
Surrounded by an established residential neighbourhood with consistent demand
Location Advantage:
Minutes to Moira Street, transit, schools, parks, and retail
Easy access to Highway 401 and downtown Belleville
Ideal setting for rental or ownership housing in a market with low vacancy and population growth
Development Potential:
Rare opportunity to build high-density multi-residential in a city with limited supply
Strong candidate for CMHC-backed financing or public-private partnerships
Flexible deal structures considered, including joint ventures or conditional sale
Opportunity Summary:
This is your chance to secure one of Belleville’s few remaining infill sites at scale, in a location with both near-term feasibility and long-term demand. With municipal support for density and strong housing fundamentals, 340 Palmer Road is ready for a visionary builder to take it forward.
PROPERTY FACTS
| Price | $2,851,166 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 4.65 AC |
| Property Type | Land | ||
| Zoning | R2 - Residential | ||
| Price | $2,851,166 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 4.65 AC |
| Zoning | R2 - Residential |
1 LOT AVAILABLE
Lot
| Price | $2,851,166 USD | Lot Size | 4.65 AC |
| Price Per AC | $613,154.02 USD |
| Price | $2,851,166 USD |
| Price Per AC | $613,154.02 USD |
| Lot Size | 4.65 AC |
4.65-acre infill lot on Palmer Rd with 262' frontage. Flat, vacant, and zoned R2 with amendment in progress for mid-rise residential. Concept plan for 459 units. All services at lot line; upgrades needed for full density. Ideal for phased build-out.
DESCRIPTION
The property is nestled among established low-rise residential neighborhoods. It offers convenient access to public transit, schools, parks, and local amenities, making it an ideal location for future residential development. This is a rare opportunity to acquire a fully serviced, strategically positioned site with both as-of-right development potential and a pathway to higher-density approvals already underway. Note: There are two lots included in this offering. Image is for illustrative purposes only.
Presented by
340 Palmer Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.