340 Palmer Rd Terrain 1,88 ha À vendre 2 528 385 € Belleville, ON K8N 4Z2

The plan includes a shared underground parking garage with 239 spaces.A proposed Zoning By-law Amendment is in progress to rezone the property to R3 - Residential, which would permit increased building height and density. Under the proposed amendment, the site could support a mid-rise development of seven apartment buildings ranging from 5 to 9 storeys, offering 459 rental units, with 10% affordable housing and an expanded 395-space underground garage.This enhanced density aligns with Bellevilles Residential Official Plan designation and supports the Citys broader strategy for housing supply growth and urban intensification.Situated on the east side of Palmer Road, just south of Moira Street West.
Zoned R2 - Residential, allowing for the development of seven 4-storey purpose-built apartment buildings, comprising a total of 251 residential units, including 10% designated affordable housing.