16 Cannon Street E

16 Cannon Street E
16 Cannon Street E
16 Cannon Street E
1/3
$4,990,000
For Sale
14 hours
 on site
$4,990,000
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Size
-
Lot size
-
Street frontage
-
Possession
Immediate
Price per sqft
-
Taxes
$18,282.18 (2024)
Parking Type
-
Style
2-Storey
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Description
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.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.
Broker: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
MLS®#: X12558772
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
2-Storey
MLS Size:
0-700 sqft
Lot front:
114 Ft
Lot depth:
110 Ft
Listed on:
Nov 19, 2025
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Instant estimate:
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$716,815
lower than listed price
i
High
$4,413,935
Mid
$4,273,185
Low
$4,112,951
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90 Oaklands Park Court
1/20
$4,699,000
5 days
90 Oaklands Park Court
3+1BD
3BA
10 Parking
3,000-3,500 sqft
MLS#: W12545674
HARVEY KALLES REAL ESTATE LTD.
5 days

About 16 Cannon Street E

16 Cannon Street E is a Hamilton multiplex for sale. 16 Cannon Street E has an asking price of $4990000, and has been on the market since November 2025. This multiplex listing is (over) 700 sqft.

There are a lot of great restaurants around 16 Cannon St E, Hamilton City. If you can't start your day without caffeine fear not, your nearby choices include St James Espresso Bar & Eatery. Groceries can be found at Ola Bakery which is not far and you'll find Grover Dental Care not far as well. Interested in the arts? Look no further than You Me Gallery and Art Gallery of Hamilton. If you're an outdoor lover, multiplex residents of 16 Cannon St E, Hamilton City are not far from McLaren Park and Beasley Park.

Transit riders take note, 16 Cannon St E, Hamilton City is only steps away to the closest public transit Bus Stop (JAMES at CANNON) with route A-line Express.