16 Cannon Street E, Hamilton, ON L8L 1Z5
Hamilton, ON L8L 1Z5
About this property
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.
Property facts & features
- Property type
- Multiplex
- MLS® number
- X13432900
- Source status
- Price Change
- Bedrooms
- 0
- Bathrooms
- 0
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L8L 1Z5
- Parking spaces
- 8
- Garage
- None
- Lot depth (source units)
- 110
- Annual property tax
- 18282.18
- Basement
- Other
- Laundry
- Not provided
- Interior features
- Other
- Exterior features
- Controlled Entry
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $3,000,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
Sign in to request eligible VOW access →Plan your monthly ownership costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
A verified map location is not yet available for this listing.
Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.
Explore active properties in Hamilton →Listing brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13432900. Information deemed reliable but not guaranteed.