Type: Multiplex
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 18,282 ( 2024)
Updated: 2025-11-19 16:38:40
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.
Multiplex
Status: For Sale
MLS #: X12558772
Price: $ 4,990,000
Address: 16 Cannon Street
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 18,282
Tax Year: 2024
Lot Size:
Neighbourhood: Beasley
Nearest Intersection: Cannon St E & James St N
City: Hamilton
Postal Code: L8L 1Z5
DOM: 120 Days
Last Update: 2025-11-19 16:38:40
Bedrooms: 0
Bathrooms: 0
Rooms: 0
Kitchens: 0
Family Room:
Fireplace:
Basement: Other,
Central Vacuum:
Exterior: Aluminum Siding,
Driveway:
Garage: Available
Garage Spaces:
Parking Spaces: 8.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Water:
Sewers: