Nest Seekers

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

Belleville K8N 4Z2
Canada

Listing

Web ID:5759654
Website:https://www.nestseekers.com/5759654

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C3,880,000
($2,766,900)
(€2,412,100)
Annual Taxes:C9,600

Description

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.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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