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 14 Days.

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

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.

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
  • $718,606 Average List Price
    based on 1 year
  • 278 New Listings
    based on 30 days
  • 84 Median Days on Market
    based on 1 year
  • List vs. Selling Price 66.51 % Up
  • Sold (12mo) 696
  • Rented (12mo) 168

  • 1 Month Change -65.9%
  • 3 Month Change -47.8%
  • 6 Month Change -45.1%
Walkscore
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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