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$3,500,000

16 Cannon St E

Hamilton, ON L8L 1Z5

16 Cannon St E, HamiltonListed at $3,500,000 2-Storey. MLS® X13432900.

New this week
< 700sqft
2-Storey
8Parking
$18,282.18 (2025)

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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.

Price & Status History

Price history is locked

Property Details

Property TypeMultiplex
Style2-Storey
CommunityBeasley
Rooms0
Kitchens0
Washrooms0
Square Feet< 700 sqft
Lot Size0.22 acres (9,453 sq ft)
Lot Dimensions114 × 110 ft
Lot Size Area0.217 sqft (MPAC)
Fronting OnEast
Dir/Cross StCannon St E & James St N
Garage TypeNone
DriveAvailable
Parking Drive Spaces8
Total Parking Spaces8
ExteriorAluminum Siding
RoofUnknown
FoundationUnknown
BasementOther
Heating TypeOther
Heating SourceOther
A/COther
SewersSewer
Taxes (2025)$18,282.18
HSTIn Addition To
Listed Date6/11/2026
Days on Market5 days
PossessionImmediate
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

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Listing Courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

MLS® #X13432900

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 16 Cannon Street E

This multiplex (2-Storey) is located in the Beasley neighbourhood of Hamilton.

Features include a other basement, 8 parking spaces.

Additional details: lot dimensions of 114 × 110 feet.

Listed at $3,500,000 CAD with annual property taxes of $18,282.18 (2025).