Multiplex · For sale
16 Cannon Street E, Hamilton
$3,000,000
Listing brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP · MLS® X13432900
Property report for this address · zoning, second units, flood, schools (public records)
- Listing brokerage
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
- Type
- Multiplex
- Deal
- For sale
- Category
- Residential · Multi-unit homes
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- < 700 sq ft
- Lot
- 114 x 110 ft
- Area
- Beasley
- MLS® number
- X13432900
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.
The information provided herein is deemed reliable but is not guaranteed accurate by PROPTX.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Public records · not part of the MLS® listing
Before you offer: public records for this address
Looking up flood, heritage, permits and planning records…
