Gurvinder Nokwal REALTOR®
For Sale Other 31 days on market

$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
Map

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

Minimum for this price: $776,000 (20%)

Amortization, years

Estimated mortgage payment

$17,180 per month

Principal and interest
$17,180
Property tax
$800
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
Total, before legal fees
$859,475
Talk to me about financing

Estimates 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

340 Palmer Road, Belleville, ON K8N 4Z2 Belleville Ward, Belleville, ON K8N 4Z2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,880,000 340 Palmer Road, Belleville, ON K8N 4Z2
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