16 Cannon Street E, Hamilton, ON L8L 1Z5
Hamilton
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 16 Cannon Street E, Hamilton, ON L8L 1Z5
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13432900
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
On market since Jun 11, 2026
What comparable homes actually sold for in the last 12 months.
16 Cannon Street E, Hamilton, ON L8L 1Z5 is listed for $3,500,000 CAD.
16 Cannon Street E, Hamilton, ON L8L 1Z5 has 0 bedrooms and 0 bathrooms.
16 Cannon Street E, Hamilton, ON L8L 1Z5 is a Multiplex.
16 Cannon Street E, Hamilton, ON L8L 1Z5 is in Hamilton, Ontario.
16 Cannon Street E, Hamilton, ON L8L 1Z5 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 16 Cannon Street E, Hamilton, ON L8L 1Z5 (MLS# X13432900). You can also send a message through the contact form on this site.
