340 PALMER ROAD, Belleville, Ontario
$3,980,000
340 Palmer Road, BellevilleResidential Development Land | Approx. 4.65 AcresA prime development opportunity in the heart of Belleville. This centrally located parcel offers approximately 4.65 acres, positioned close to schools, shopping, public transit, Highway 401, and Belleville General Hospital.The City of Belleville has recently updated planning policies to encourage mid-rise and high-rise intensification. Conceptual drawings have been prepared to illustrate redevelopment potential, showing options for up to 459 residential units with 395 underground parking spaces (subject to municipal approvals). These drawings are provided for illustration only and do not represent final approvals or design.Neighbouring properties are already advancing mid-rise applications, underscoring strong momentum for higher-density development in this corridor.Highlights:Lot Size: Approx. 4.65 acresCentral Belleville location with easy access to amenities and transitRecent municipal policy updates supporting intensificationConceptual plans illustrating large-scale redevelopment potentialStrong market activity in the immediate area with comparable projects underwayAn excellent opportunity for builders and developers to deliver a project aligned with Bellevilles growth and intensification vision. (id:23309)
- Listing ID: X12387064
- Property Type: Vacant Land
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 340 PALMER ROAD in Belleville Ontario. It was last modified on September 7th, 2025. Contact the Bird House Real Estate Team to schedule a viewing or to discover other Belleville real estate for sale.