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

9,453 sq ftLot Size

8 spacesParking

Listing updated: Sep 17, 2026 at 09:53pm

Redfin checked: 2 minutes ago

•Source:TREB #X13432900

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Around this home

Schools

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

Interior features
Other interior features
Basement present (Other details)

Heating & cooling
Has cooling (Other)

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.

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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