340 PALMER ROAD, Belleville, Ontario
$3,980,000
For Sale: 340 Palmer Road, BellevilleResidential Development Land | Approx. 4.65 AcresA rare opportunity to acquire a prime development site in the heart of Belleville. Spanning approximately 4.65 acres, this centrally located property is close to schools, shopping, public transit, Highway 401, and Belleville General Hospital offering excellent accessibility and convenience.The City of Bellevilles updated planning policies now actively support mid- and high-rise intensification. Conceptual drawings have been prepared to showcase potential redevelopment options for up to 459 residential units with 395 underground parking spaces (subject to municipal approvals). These concepts are for illustration purposes only and are not final plans or approvals.Neighbouring parcels are already advancing mid-rise applications, reflecting strong momentum and demand for higher-density housing in this growing corridor.Property Highlights:Lot Size: Approx. 4.65 acresCentrally located with access to major amenities and transitRecent municipal policy changes promoting urban intensificationConceptual plans illustrating significant redevelopment potentialActive area with multiple comparable projects progressing nearbyAn exceptional opportunity for builders and developers to deliver a large-scale residential project aligned with Bellevilles growth and urban intensification strategy. (id:50212)
- 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 Sandra Diab Real Estate Team to schedule a viewing or to discover other Belleville real estate for sale.