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    16 Cannon Street E, Hamilton, ON L8L 1Z5

    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    16 Cannon Street E, Hamilton, ON L8L 1Z5
    For Sale Active Residential Freehold

    16 Cannon Street E, Hamilton, ON L8L 1Z5

    $4,990,000

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    16 Cannon Street E, Hamilton, ON L8L 1Z5, Hamilton, ON

    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.

    Property Highlights

    For Sale
    • icon

      MLS NO.

      X12558772

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      Type

      Residential Freehold

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      Sub Type

      Multiplex

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      Parking

      8.0

    Complete Property Details

    Property Type Residential Freehold
    Sub Type Multiplex
    Transaction Type For Sale
    Status Active
    Contract Status Available
    MLS® Number X12558772
    Living Area Range < 700
    Total Bedrooms 0
    Bedrooms Above Grade 0
    Total Bathrooms 0
    Total Kitchens 0
    Kitchens Above Grade 0
    Rooms Above Grade 0
    Interior Features Other
    Fireplace No
    Central Vacuum Yn No
    Construction Aluminum Siding
    Roof Unknown
    Lot Width 114.0
    Lot Size 0.217
    Lot Size Units Acres
    Parking Features Available
    Parking Total 8.0
    Covered Spaces 0.0
    Garage Type None
    Garage No
    Pool None
    Direction Facing East
    Cooling Other
    Heat Source Other
    Heat Type Other
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 16 Cannon Street E, Hamilton, ON L8L 1Z5
    City Hamilton
    Neighbourhood Beasley
    County / Region Hamilton
    Province / State ON
    Postal Code L8L 1Z5
    Cross Street Cannon St E & James St N
    Directions Cannon St E & James St N
    Country CA
    List Price $4,990,000
    Annual Taxes $18,282
    Tax Year 2024
    Legal Description PT LT 6 JAMES HUGHSON SURVEY (UNREGISTERED) E/S JAMES ST PT 9, 10, 11 62R1582 EXCEPT PT 1 62R2825; PT LT 5 JAMES HUGHSON SURVEY (UNREGISTERED) W/S HUGHSON ST, PT LT 6 JAMES HUGHSON SURVEY (UNREGISTERED) W/S HUGHSON ST AS IN AB352539, S/T & T/W VM276459; S/T AN EASEMENT AS IN WE913367 CITY OF HAMILTON
    Possession Type Immediate
    Possession Details Immediate
    Listing Office AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
    Board Toronto Regional Real Estate Board
    Original Entry 2025-11-19T16:38:40Z
    Media Updated 2025-11-19T16:38:40Z
    Photos Updated 2025-11-19T16:38:40Z
    Last Modified 2025-11-19T16:38:40Z
    System Modified 2025-11-19T16:38:40.091488Z
    MLS Status New
    Architectural Style 2-Storey
    Basement Other
    Co List Office Name AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
    Ddfyn Yes
    Expiration Date 2026-05-13
    Foundation Details Unknown
    Heat Source Multi Other
    Heat Type Multi Other
    Hstapplication In Addition To
    Occupant Type Vacant
    Originating System Id A00001796
    Parcel Number 171650156
    Parking Spaces 8
    Public Remarks 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.
    Showing Requirements List Brokerage
    Street Name Cannon
    Street Number 16
    Street Suffix Street
    Vendor Property Info Statement No
    Washrooms Type1 0
    Washrooms Type1 Pcs 0