Development opportunity in 340 Palmer Rd, Belleville with R2 zoning in place permitting mid rise residential development.


Property

Website:https://www.nestseekers.com/5325846
Address:
Belleville K8N 4Z2
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C3,880,000
($2,810,600)
(€2,416,700)
Annual Taxes:C9,600

Description

Development opportunity in 340 Palmer Rd, Belleville with R2 zoning in place 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 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.

Contact

505 Park Ave, New York, NY 10022