- Size
- < 700sq ft
- Lot
- 114 x 110 ft
- Tax a year
- $18,2822025 tax year
- Parking
- 8none
- Days on market
- Members
The brief
About 16 Cannon St
16 Cannon St is a multiplex in Beasley, Hamilton, listed for sale at an asking price of $3,000,000 (MLS® X13432900).
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.
Insights
Condition Score
Fair56/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $18,282 / 2025
- MLS® number
- X13432900
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- < 700 sqft
- Lot Size
- 114 x 110 ft
- Listed on
- Parking
- None, 8 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Beasley
- Municipality
- Hamilton
Building
- Size
- < 700 sqft
- Construction
- Alum Siding
Inside
- Basement Type
- Other
Parking
- Driveway
- Available
- Garage Type
- None
- Additional Parking
- 8
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Other
Land
- Sewer
- Sewers
- Frontage
- 114 ft
- Depth
- 110 ft
- Lot Size
- 114 x 110 ft
Additional
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
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 |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,000,000 | N/A | Pc | X13432900 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $600,000
- Total mortgage amount
- $2,400,000
- Total interest payment
- $1,706,100
- Total purchase cost
- $4,706,100
- Mortgage payment
- $13,687/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$15,211- Rent $0
- Shortfall $15,211
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $61,475
- Total land transfer tax
- $61,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $57,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $3,000,000
- $25,000
- Ontario total
- $61,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
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.
The land
Lot
- Lot area
- 12,540 sq ft1,165 m²
- Street frontage
- 114 ft34.7 m
- Depth
- 110 ft33.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m119 test or monitoring holes also recorded.250 m
- 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.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.5 km9.5 km
Province of Ontario open data
Around the home3
- Nearest rail line: 690 m690 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.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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 km
- 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.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- 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.At the 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor 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
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| West Harbour GO | GO Transit train: Lakeshore West | 700 m |
| Hamilton GO Centre | GO Transit train: Lakeshore West | 800 m |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Dr. J. Edgar Davey Elementary Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 600 m | 49%Grade 6 average |
| Hess Street Junior Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 800 m | 55%Grade 6 average |
| St. Lawrence Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1.2 km | 73%Grade 6 average |
| ÉÉC Notre-DameConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 3.2 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Cathedral High SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 · French Immersion | 1.4 km | 43%Grade 9 math |
| École secondaire Georges-P-VanierConseil scolaire Viamonde | French-language public · grades 9–12 | 2.4 km | 73%Grade 9 math |
| Westdale Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 · French Immersion | 2.8 km | 57%Grade 9 math |
| Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 3.3 km | 36%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Beasley are shown to signed-in members.