Listed for:Listed 29 days ago
$3,880,000

340 Palmer Road

Belleville (Belleville Ward), ON K8N 4Z2

Other For Sale
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Sale & Price History for 340 Palmer Road, Belleville, Belleville Ward

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 340 Palmer Road, Belleville, Belleville Ward

Summarized Description

  • Development opportunity with R2 zoning in Belleville.
  • Potential for mid-rise residential development.
  • Site allows up to 251 residential units.
  • Approximately 239 parking spaces available.
  • Total area of 4.65 acres for development.
  • Located in a growing residential area.
  • Access to major roads and amenities.
  • Conceptual plans for development are available.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,600
Land Transfer Tax Fee
$83,475

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Other
Building Style
Other

Construction

Exterior Finish
Other
Roof
Other
Foundation Details
Other
Special Designation
Other

Lot

Lot Front
262.17 ft
Lot Depth
513.00 ft
Lot Size
4.65
Lot Shape
Irregular

Parking & Garages

Garage Type
Other
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Natural Gas
No
Hydro
No
Cable
No
Telephone
No

Municipality
Belleville
Neighbourhood
Belleville Ward
Main cross streets
Palmer and Moira St W
Zoning
Residential
Directions
Palmer and Moira St W
Waterfront
None

MLS® number
X13808820
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-17
Updated on
2026-09-21
Days on market
29 days
Possession type
Flexible
Co-op commission
3% of selling price
Seller
Listed by
RE/MAX ALL-STARS REALTY INC.

Home Market Value

Current home valuation for 340 Palmer Road, Belleville, Belleville Ward, Belleville, ON. Listed for $3,880,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 340 Palmer Road, Belleville, Belleville Ward

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Belleville, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$776,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$3,104,000$2,910,000$2,716,000$2,522,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$15,155monthly$14,208monthly$13,261monthly$12,314monthly
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Land Transfer Tax

Provincial

$83,475

Total Land Transfer Tax

$83,475

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