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Investment Highlights

  • Zoned R2 – Residential, supporting a variety of low- to mid-density housing forms.
  • Municipal services available at the lot line (water, sewer, utilities).
  • Located near Highway 401, Belleville General Hospital, schools, retail and transit.
  • Zoning allows for up to 4-storey residential development (subject to planning and approvals).
  • Strong frontage and layout suitable for multiple building configurations.

Executive Summary

340 Palmer Road | Belleville, Ontario
A rare opportunity to acquire a 4.65-acre residential development site in a growing area of Belleville, zoned R2, offering flexibility for a range of residential development options.
Zoned R2 – Residential, supporting a variety of low- to mid-density housing forms
Zoning allows for up to 4-storey residential development (subject to planning and approvals)
Approx. 4.65 acres with efficient site configuration
Municipal services available at the lot line (water, sewer, utilities)
Strong frontage and layout suitable for multiple building configurations
Located near Highway 401, Belleville General Hospital, schools, retail and transit.

Property Facts

Price $2,925,374 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 $2,925,374 USD
Price Per AC $629,112.60 USD
Lot Size 4.65 AC

A rare opportunity to acquire a 4.65-acre residential development site in a growing area of Belleville, zoned R2, offering flexibility for a range of residential development options.

Description

The property at 340 Palmer Road in Belleville comprises roughly 4.65 acres and is zoned R2 to permit residential development. It is configured efficiently for multi-building layouts and is serviced with municipal water, sewer, and utilities at the property line. The zoning framework provides for up to four stories, subject to planning and municipal approvals. The site is accessible to Highway 401 and is situated near local amenities such as the Belleville General Hospital, educational institutions, retail establishments, and public transit routes.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 35487973

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 340 Palmer Rd, Belleville, ON K8N 4Z2

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