For Sale

340 Palmer Road, Belleville, Ontario K8N 4Z2

$0

340 Palmer Road, Belleville, Ontario K8N 4Z2 is For Sale and has a listing price of 3,980,000. The property is located in the Belleville neighbourhood . It's been on the website for 43 Days.

  • Vacant Land
    Property Type
  • MLS ID: X12387064
  • Office Name RE/MAX ALL-STARS REALTY INC.
Property Description

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.

Property Details
  • MLS ID: X12387064
  • Price: $3,980,000
  • Lot Depth: 513
  • Transaction Types: For Sale
  • Ref ID: X12387064
  • Year Built: N/A
  • Dir / Cross St: Palmer and Moira St W
  • Status: Active
  • Tax Year: 2025
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
09/07/2025 X12387064 $3,980,000 For Sale - -
03/29/2025 X12049354 $3,980,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Belleville
  • $718,913 Average List Price
    based on 1 year
  • 318 New Listings
    based on 30 days
  • 81 Median Days on Market
    based on 1 year
  • List vs. Selling Price 69.59 % Up
  • Sold (12mo) 696
  • Rented (12mo) 177

  • 1 Month Change +119.5%
  • 3 Month Change +51.0%
  • 6 Month Change +59.1%
Walkscore
  • 29 Walk Score
    Car-Dependent
  • 41 Bike Score
    Somewhat Bikeable
Additional Details
  • Kitchen Y
  • Taxes: $9,600
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: immediate
  • Listing Entry Date: 07/09/2025 16:49:38
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