About 340 Palmer Road

High-Yield Multi-Residential Development Opportunity340 Palmer Road, Belleville | 4.65 Acres | Up to 459 Units PotentialIntroducing Sand Cherry Court a rare, large-scale multi-residential development opportunity on 4.65 acres in the growing city of Belleville. Strategically located in a quiet infill pocket surrounded by low-density homes, this site offers exceptional long-term upside for builders ready to deliver much-needed housing in an under-supplied market. For developers seeking scale, flexibility, and minimal regional competition, this property stands out.Key Highlights:Zoning & Planning Path:Zoning amendment in progress to support mid-rise residential developmentProposed plan features seven mid-rise buildings (59 storeys) and up to 459 unitsSite plan includes 395-space underground parking and 10% affordable housingCity staff are supportive of intensification and increased density that aligns with Bellevilles Official PlanSite Details:4.65-acre flat site with wide frontage on Palmer RoadIncludes two legal parcels for staged or full-scale build-outSurrounded by an established residential neighbourhood with consistent demandLocation Advantage:Minutes to Moira Street, transit, schools, parks, and retailEasy access to Highway 401 and downtown BellevilleIdeal setting for rental or ownership housing in a market with low vacancy and population growthDevelopment Potential:Rare opportunity to build high-density multi-residential in a city with limited supplyStrong candidate for CMHC-backed financing or public-private partnershipsFlexible deal structures considered, including joint ventures or conditional saleOpportunity Summary:This is a chance to secure one of Bellevilles few remaining infill sites at scale, in a location with both near-term feasibility and long-term demand. With municipal support for density and strong housing fundamentals, 340 Palmer Road is ready for a visionary builder to take it forward.

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