16 Cannon Street E Hamilton, ON L8L 1Z5
Listing Courtesy of: PropTX - IDX / Listed By: Avison Young Commercial Real Estate Services, Lp

  16 Cannon Street E Hamilton, ON L8L 1Z5

Active
$3,500,000 (CAD)

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.

MLS®:
X13432900
Taxes
$18,282(2025)
Lot Size
9,453 SQFT
Type
Multifamily
Style
2-Storey
County
Hamilton
Community
Beasley

Listed By

Avison Young Commercial Real Estate Services, Lp
Source
PropTX - IDX
Last checked Aug 28 2026 at 4:22 PM EDT
Bathroom Details
Interior Features
  • Other
Property Features
  • Foundation: Unknown
Heating and Cooling
  • Other
Basement Information
  • Other
Pool Information
  • None
Exterior Features
  • Aluminum Siding
  • Roof: Unknown
Utility Information
  • Sewer: Sewer
  • Fuel: Other
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Available
Stories
  • 2
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