$3,000,000
For SaleList: 2026-06-11
X13432900
$3,000,000
Added 147 days ago
MLS® X13432900
Hamilton, ON, L8L 1Z5
Multiplex
Added 147 days ago
MLS® X13432900
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Broker remarks from the listing.
Quick facts
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 sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 16 Cannon Street E, Hamilton, ON L8L 1Z5 (Multiplex)
$3,000,000
For SaleList: 2026-06-11
X13432900
(Sign in required)
Price ChangeList: 2026-06-11 | End: 2026-10-15
X13432900
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Jun 11, 2026 | Oct 15, 2026 | $3,000,000 | For Sale | X13432900 |
| Jun 11, 2026 | Oct 15, 2026 | (Sign in required) | Price Change | X13432900 |
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