Estate in Belleville 340 Palmer Road

lot 262.2 x 513 FT ; AS PER GEOWEARHOUSE

$3,880,000

340 Palmer Road, Belleville — photo 1

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. (id:66639)

Property information

Asking price
$3,880,000
Lot
262.2 x 513 FT ; AS PER GEOWEARHOUSE
Acreage
3.09 acres
Property tax
$9,600 / yr
MLS®
X13808820

340 Palmer Road, Belleville · MLS® X13808820 · Courtesy of RE/MAX ALL-STARS REALTY INC.

Schedule a private showing · 647-213-0563