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16 Cannon Street East, Hamilton, ON L8L1Z5

$3,500,000700Sqft Beasley

Property Overview

  • Row / Townhouse Home Type
  • 12540 Sqft Lot Size
  • BeasleyCommunity
  • 0 Beds
  • 0 Full Baths
  • 0 Half Baths
  • 8 Parking Space(s)
  • Property Taxes
  • 79 days Days on Market
  • X13432900 MLS® #
  • $5,000 Price / Sqft
  • Two Storey Style
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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.

Interior Details

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Exterior Details

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More Information

Property

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Parking

Yes
8
No Garage

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 4:32:26 PM UTC.