340 Palmer Road, Belleville, ON
Property Highlights
Welcome to this remarkable Other other located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $3,880,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 262.17 x 513 ft lot
- 0.0 total parking spaces available with a convenient other configuration
- Notable attributes: None
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.
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Property Summary
This other located at 340 Palmer Road, Belleville is currently for sale and has been available on SousaSells for 4 days. This property is listed at $3,880,000 with an estimated mortgage of $12,915* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 340 Palmer Road, Belleville is in the Belleville Ward neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Belleville Ward, Belleville.
- •< 700 sqft of generous functional square footage
- •Desirable Other architecture in Belleville Ward, Belleville
- •Convenient parking space for 0.0 vehicle
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Belleville?
If you are looking for a house in Belleville or researching Belleville real estate for sale, this other at 340 Palmer Road, Belleville, ON offers an exceptional opportunity to buy a home in Belleville, Ontario. Whether you are a first-time Belleville home buyer or comparing active Belleville MLS® homes for sale, working with a dedicated Belleville buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Belleville realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Belleville Buyer Budget & Costs
Estimated mortgage: $12,915*/month*. Estimated Ontario Land Transfer Tax: $83,475. First-time Belleville home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Belleville
Frequently Asked Questions about 340 Palmer Road, Belleville, ON
Q.What is the asking price for 340 Palmer Road, Belleville, ON ?
The current listing price for 340 Palmer Road, Belleville, ON in Belleville Ward, Belleville is $3,880,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms across approximately < 700 sqft.
Q.What property type and architectural style is 340 Palmer Road, Belleville, ON ?
340 Palmer Road, Belleville, ON is a Other (Other) featuring a basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Other).
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Belleville Ward, Belleville
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 340 Palmer Road, Belleville, ON K8N 4Z2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Belleville, ON
For a property listed at $3,880,000 in Belleville, the legal minimum down payment is $776,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $83,475 for this transaction. As this listing is in Belleville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $83,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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