Active Multiplex For Sale 10 days on market
$3,500,000
MLS® X13432900

16 Cannon Street E, Hamilton, ON L8L 1Z5

Hamilton · Beasley · L8L 1Z5
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Rare downtown Hamilton development site: approved 16-storey, 130-unit tower near GO Transit with 89K SF potential.
< 700
Sqft
8
Parking
0.217
Lot sqft

About this home

16 Cannon Street East represents a premier high-density redevelopment site in the heart of downtown Hamilton. The site is conditionally approved for a 16-storey, 130-unit residential tower totaling 89,066 SF of GFA. It is ideally situated within walking distance of West Harbour GO, Hamilton GO Centre, and the upcoming LRT stop, offering unmatched transit connectivity. The current use is a legally nonconforming 8-unit apartment building. The vendor makes no representations and warranties. Sold "as is, where is. Potential 132,000 SF High-Density Development Opportunity in Downtown Hamilton. A new owner has the ability to take the site back to the Committee of Adjustment and apply for additional height, unlocking up to 132,000 SF of total Gross Floor Area (GFA). This aligns with Downtown Hamilton's high-rise intensification policies that support up to 30 storeys. The opportunity allows for significant added density at a competitive land cost of approximately $35 per buildable square foot.

📋 Property summary 8 details
Property Type
Multiplex
Style
['2-Storey']
Square Footage
< 700
Days on Market
10 days
Annual Taxes
$18,282
Lot Size
114.0' × 110.0'
Community
Beasley
Parking
8.0 spaces
🏠 Interior 1 features
Basement
Other
Interior features
Other
🧱 Building & exterior
Foundation
Unknown
Exterior
Aluminum Siding
⚡ Utilities
Heating
Other
Cooling
['Other']
Sewer
['Sewer']
🌳 Lot & land
Frontage
114.0 ft
Depth
110.0 ft
Total Area
0 acres (9,453 sqft)
Source
MPAC
📃 Listing details
MLS® Number
X13432900
Days on Market
10 days
Possession
Immediate
Listing Brokerage
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Hamilton

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$3,500,000
16 Cannon Street E, Hamilton, ON L8L 1Z5
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 16 Cannon Street E, Hamilto... is priced fairly, over, or under.

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