Size
-
Lot size
-
Street frontage
-
Possession
Immediate
Price per sqft
-
Taxes
$18,282.18 (2025)
Parking Type
-
Style
2-Storey
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Description
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.
Broker: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
MLS®#: X13432900
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:
Jun 11, 2026
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Instant estimate:
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$527,334
lower than listed pricei
High
$3,070,580
Mid
$2,972,666
Low
$2,861,198
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1/35
$3,199,000
100 days
3+2BD
5BA
10 Parking
2,000-2,500 sqft
MLS#: W12839598
RE/MAX ESCARPMENT REALTY INC.
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1/39
$3,279,000
87 days
5BD
6BA
8 Parking
3,500-5,000 sqft
MLS#: W12886888
RE/MAX ESCARPMENT REALTY INC.
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