$3,880,000
Est. payment $17,180/moCalculate yours
340 Palmer Road, Belleville, ON K8N 4Z2
Belleville Ward, Belleville, ON K8N 4Z2
- 0 Beds
- 0 Baths
Listing courtesy of RE/MAX ALL-STARS REALTY INC. MLS® X13808820
About this home
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
Overview
- Property Type
- Other
- Style
- Other
- For
- For Sale
- Status
- New
- Size
- < 700 sqft
Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Kitchens
- 0
Building & Systems
- Exterior
- Other
- Foundation
- Other
- Roof
- Other
Lot & Parking
- Lot Size
- 262.17 x 513 Feet
- Parking
- Other garage
- Zoning
- Residential
Financial
- Property Taxes
- $9,600 (2025)
Location
- Neighbourhood
- Belleville Ward
- Cross Street
- Palmer and Moira St W
- Direction Faces
- West
Listing
- MLS® Number
- X13808820
- Days on Market
- 31
- Listed On
- 2026-09-17
- Possession
- immed
- Listed By
- RE/MAX ALL-STARS REALTY INC.
Features
Interior
- None
Pool
- None
Mortgage calculator
Estimated mortgage payment
$17,180 per month
- Principal and interest
- $17,180
- Property tax
- $800
- Condo fees
- $0
- Estimated monthly cost
- $17,980
Your mortgage
- Mortgage amount
- $3,104,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,049,940
Cash to close
- Down payment
- $776,000
- Land transfer tax
- $83,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $859,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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