340 Palmer Rd

Belleville Ward, Belleville, Ontario K8N 4Z2

For Sale · MLS® X13808820 · TRREB MLS®
< 700
Sqft
Other
Parking
Other
Type

Description

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.

01 / Property recordListing details

Key Facts

MLS® #
X13808820
Board
TRREB MLS®
Days on market
Tax
$9,600
Size
< 700 sqft
Lot
262.17 × 513 Feet
Parking
Other, 0 Parking

Listing History

Listing activity for 340 Palmer Rd, Belleville, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$3,880,000N/AFor SaleX13808820

Property Details

Property

Property Type
Other
Style
Other
Community
Belleville Ward
Municipality
Belleville

Building

Size
< 700 sqft
Construction
Other

Parking

Garage Type
Other
Add. Parking
0
Total Parking
0

Land

Lot Size
262.17 × 513 Feet
Lot Size Code
Feet

Additional

Foundation
Other
Roof
Other
Fireplace
N
Pool
None
Den
N
Family room
N

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$17,786

  • Down payment$776,000
  • Mortgage amount$3,104,000
  • Total interest$2,231,800
  • Total cost$6,111,800

Cash flow analysis

$17,786

Total monthly payment

$18,586

Break-even down payment

100%

Cash flow-$18,586
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$3,880,000

$3,880,000

CAD

Estimate unavailable

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0 Bed 0 Bath Sale | 340 Palmer Rd | $3,880,000