16 Cannon St E

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.

Listing Details

MLS #

X13432900

Board

PROPTX

Market

ontario

Property Type

Multiplex

Style

2-Storey

Garage

None

Parking Spaces

8

Basement

Other

Heating

Other

Cooling

Other

Pool

None

Lot Size

114 × 110 ft

Annual Taxes

$18,282/yr

Listed By

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Listed On

June 11, 2026