Get $9,700 Cash Back
340 PALMER ROAD, Belleville (Belleville Ward) — listed at $3,880,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,600. Always verify the latest figures with your agent before making an offer — these change yearly.
What makes this a luxury property?+
At $3,880,000, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
Who is 340 PALMER ROAD best suited for?+
With null bedrooms and 0 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What's the parking situation?+
This property includes 0 spaces — Other, No Garage.
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