16 Cannon Street E, Hamilton, ON L8L 1Z5
Hamilton, ON, L8L 1Z5 · Beasley
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.
Features & Amenities
- Basement: Other
- Garage: None
- Cooling: Other
- Heat Type: Other
- Heat Source: Other
- Style: 2-Storey
- Construction: Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Lot Size | 0 Feet |
| Basement | Other |
| Garage | None |
| Parking Spaces | 8 |
| Heat Type | Other |
| Heat Source | Other |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $18,282 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Exterior Features
- Controlled Entry
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Aluminum Siding
- Foundation Details
- Unknown
- Roof
- Unknown
- Basement
- Other
Heating & Cooling
- Heat Type
- Other
- Heat Source
- Other
- Cooling
- Other
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 8
- Parking Total
- 8.00
- Parking Features
- Available
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.22
- Lot Size Units
- Feet
- Lot Depth
- 110.00
- Lot Width
- 114.00
Financial & Tax
- Tax Annual Amount
- $18,282
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 0
- Kitchens Above Grade
- 0
- Kitchens Total
- 0
- Bedrooms Above Grade
- 0
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- East
- County Or Parish
- Hamilton
- Cross Street
- Cannon St E & James St N
- Directions
- Cannon St E & James St N
- Special Designation
- Unknown
- Showing Requirements
- List Brokerage
Location
16 Cannon Street E, Hamilton, ON L8L 1Z5, Hamilton, ON, L8L 1Z5