REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,980,000
Est. payment | /mo
$ 3,980,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Belleville Ward
MLS Listing ID X12387064
Annual Tax Amount $9,600
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
For Sale - 340 Palmer Road, BellevilleResidential Development Land | Approx. 4.65 AcresA rare chance to acquire a well-located development parcel in central Belleville. Offering approximately 4.65 acres, this site provides excellent access to schools, shopping, public transit, Highway 401, and Belleville General Hospital. Its positioning and surrounding infrastructure make it highly suitable for future residential intensification.Belleville's evolving planning framework encourages mid- and high-rise growth, including mixed-use and multi-residential forms. Conceptual design materials prepared for this property illustrate potential for a large-scale residential community of up to 459 units with 395 underground parking spaces (all subject to municipal review and approvals). These materials are for illustration only and do not represent approved plans.Neighbouring properties along this corridor are advancing through the planning process with mid-rise proposals, highlighting strong demand and municipal support for higher-density residential development.Property HighlightsCentral location close to retail, schools, transit, and Highway 401Within an area supported by recent municipal policy encouraging urban intensificationConceptual designs demonstrating significant redevelopment potential (subject to approvals)Surrounding lands undergoing active mid-rise and multi-residential applicationsStrategic opportunity for builders and developers seeking a high-density site aligned with Belleville's long-term housing and growth objectives
Location
Province ON
County Hastings
Community Belleville Ward
Area Hastings
Rooms
Family Room No
Kitchen 0
Interior
Interior Features None
Exterior
Waterfront Description None
Lot Frontage 262.17
Lot Depth 513.0
Others
ParcelsYN No
Listed by RE/MAX ALL-STARS REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN