For sale

$3,500,000

Est. $14,885/mo

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16 Cannon St E, Hamilton, ON L8L 1Z5

About this home

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.

Multi-familyProperty Type

9,452 sq ftLot Size

8 spacesParking

Listing updated: Jun 11, 2026 at 01:28pm

Redfin checked: a minute ago

•Source:TREB #X13432900

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Around this home

Schools
Places
Transit

0.6km

Dr. J. Edgar Davey (new) Elementary Public School

Public, JK-8 • Assigned

0.6km

Sir John A MacDonald Secondary School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Other interior features

Heating & cooling
Has cooling
Other cooling

Sale and tax history for 16 Cannon St E

Sale History
Tax History

Date

Event

Price

TREB #X13432900

Jun 11, 2026

Listed

$3,500,000

TREB #X12558772

May 14, 2026

Delisted

—

Nov 19, 2025

Listed

$4,990,000

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. 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.

TREB #X4301164

Jan 2, 2019

Delisted

—

Jan 2, 2019

Delisted

—

Nov 12, 2018

Listed

$1,688,000

TREB #X4072053

Jul 19, 2018

Delisted

—

Mar 20, 2018

Listed

$1,888,800

TREB #X3693653

Oct 31, 2017

Delisted

—

Jan 26, 2017

Listed

$1,988,000

TREB #X1717722

Jan 2, 2010

Delisted

—

Oct 5, 2009

Listed

$699,900

Public record

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Single Family Residential

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Last updated by owner on Aug 9, 2023.

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