Development opportunity in 340 Palmer Rd, Belleville with R2 zoning in place permitting mid-rise residential development. The property is zoned to allow possible 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 19,067.80 sq. m. (4.71 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. (id:4555)
PROPERTY SPECS
Price $3,880,000
City Belleville, Ontario
Address 340 Palmer Road
Listing ID X12853934
Type Vacant Land
Status For Sale
EXTENDED FEATURES
FeaturesIrregular lot size, Flat siteOwnershipFreehold