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Home ON Greater Hamilton Hamilton Old Hamilton Beasley
16 CANNON STREET E
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16 CANNON STREET E $4,990,000
$4,990,000
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16 CANNON STREET E
Hamilton (Beasley), Ontario L8L1Z5

MLS® Number: X12558772
0
Bathrooms
0 - 699
Square Feet

Listing 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. (41677068)

Location Description

Cannon St E & James St N

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
0 - 699 sqft
Community Name
Beasley
Land Size
114 x 110 FT
Annual Property Taxes
$18,282.18
Parking Type
No Garage
Time on REALTOR.ca
26 days

Building

Bathrooms
Total
0
Interior Features
Basement Type
Other, See Remarks
Building Features
Features
Flat site
Foundation Type
Unknown
Fire Protection
Controlled entry
Heating & Cooling
Heating Type
Other
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
0 - 699 sqft

Land

Lot Features
Frontage
114 ft
Land Depth
110 ft
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