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 & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13432900
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	700 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Beasley
City	Hamilton
Postal Code	L8L 1Z5
Province	ON
Listed Date	June 11, 2026
Days on Market	56
Price per Sq Ft	$5,000
Brokerage	AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP