Room 1
Level not provided
16 Cannon St
Beasley, Hamilton, Ontario L8L 1Z5
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13432900
- Board
- TRREB MLS®
- Days on market
- Tax
- $18,282
- Size
- < 700 sqft
- Lot
- 114 × 110 Feet
- Parking
- None, 8 Parking
Listing History
Buy/Sell history for 16 Cannon St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $3,000,000 | N/A | Pc | X13432900 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Beasley
- Municipality
- Hamilton
Inside
- Basement Type
- Other
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Other
Building
- Size
- < 700 sqft
- Construction
- Alum Siding
Parking
- Driveway
- Available
- Garage Type
- None
- Add. Parking
- 8
- Total Parking
- 8
Land
- Sewer
- Sewers
- Lot Size
- 114 × 110 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Unknown
- Roof
- Unknown
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
15 records read 9 on record nearby 6 checked, none on recordRead 2026-11-05
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m119 test or monitoring holes also recorded.
- Groundwater recorded about 7 m below ground nearbyThe middle water level in the well records within 500 m (392 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 9.5 km
Province of Ontario open data
Around the home
- Nearest rail line: 690 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 60 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is P & H Milling Group a Division of Parrish & Heimbecker Limited — P & H Milling Group - Hamilton, 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Rogers. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$13,752
- Down payment$600,000
- Mortgage amount$2,400,000
- Total interest$1,725,600
- Total cost$4,725,600
Cash flow analysis
$13,752
Total monthly payment
$15,276
Break-even down payment
100%
Cash flow-$15,276
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$3,000,000
$3,000,000
CAD
Estimated market value
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