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340 Palmer Road, Belleville, ON K8N 4Z2, Belleville, Ontario

detached · MLS® X12853934

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$3,980,000

MLS# X12853934

340 Palmer Road, Belleville, ON K8N 4Z2

Belleville, Ontario K8N 4Z2

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Year Built

New Listing· Listed null days on marketPopular· 161 views todayHot Property· High interest
About This Property

39 Townhouse Development Approved - 340 Palmer Rd, Belleville Residential development land of approximately 4.65 acres with a previously approved project for 39 townhouses, allowing a builder to proceed with development subject to normal municipal requirements. Certain larger lots may allow the addition of garden suites (rear yard units) which can be submitted to the City together with the architectural interior plans, creating the potential for additional rental income, subject to municipal approvals. The property is located in a growing residential area close to Highway 401, Belleville General Hospital, schools, shopping, and public transit. The City of Belleville has adopted policies supporting increased residential density, allowing the possibility to explore mid-rise or higher-density development, subject to municipal approvals. A conceptual rendering illustrating up to 459 residential units was previously presented to the City for discussion purposes only and is for illustration only. All offers welcome.

Property Details

Property Type

Detached Home

Year Built

N/A

Lot Size

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Garage

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Basement

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Heating

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Cooling

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Parking Spaces

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Location

Map View

340 Palmer Road, Belleville, ON K8N 4Z2, Belleville, Ontario

About 340 Palmer Road, Belleville, ON K8N 4Z2

This Detached Home at 340 Palmer Road, Belleville, ON K8N 4Z2 is listed for sale in Belleville, Ontario at $3,980,000.

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Belleville is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this detached home represents a compelling opportunity in Belleville's real estate market.

MLS® number X12853934. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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Mortgage Calculator

$3,980,000

20% ($796,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$19,553

*Principal & Interest only. Does not include taxes or insurance.

Principal$3,184,000
Total Interest$2,681,764
Total Cost$6,661,764
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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