High-Yield Multi-Residential Development Opportunity 340 Palmer Road, Belleville | 4.65 Acres | Up to 459 Units Potential Introducing 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 development Proposed plan features seven mid-rise buildings (5–9 storeys) and up to 459 units Site plan includes 395-space underground parking and 10% affordable housing City staff are supportive of intensification and increased density that aligns with Belleville’s Official Plan Site Details: 4.65-acre flat site with wide frontage on Palmer Road Includes two legal parcels for staged or full-scale build-out Surrounded by an established residential neighbourhood with consistent demand Location Advantage: Minutes to Moira Street, transit, schools, parks, and retail Easy access to Highway 401 and downtown Belleville Ideal setting for rental or ownership housing in a market with low vacancy and population growth Development Potential: Rare opportunity to build high-density multi-residential in a city with limited supply Strong candidate for CMHC-backed financing or public-private partnerships Flexible deal structures considered, including joint ventures or conditional sale Opportunity Summary: This is your chance to secure one of Belleville’s 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.