16 Cannon Street E
Hamilton (Beasley), ON L8L 1Z5
- —Bedrooms
- —Bathrooms
- 8Parking
- < 700Sq Ft
- $18,282Tax
- 114×110 ftLot Size
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Sale & Price History for 16 Cannon Street E, Hamilton, Beasley
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 16 Cannon Street E, Hamilton, Beasley
Summarized Description
- Premier redevelopment site in downtown Hamilton.
- Conditionally approved for a 16-storey tower.
- Opportunity for 130 residential units.
- Potential for 132,000 SF total GFA.
- Excellent transit access within walking distance.
- Competitive land cost at $35 per buildable SF.
- Aligns with high-rise intensification policies.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $18,282
- Land Transfer Tax Fee
- $61,475
- Basement Type
- Other
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Controlled Entry
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Unknown
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 114.00 ft
- Lot Depth
- 110.00 ft
- Lot Size
- 0.217
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Other
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
Washrooms
- —-piece
- Municipality
- Hamilton
- Neighbourhood
- Beasley
- Main cross streets
- Cannon St E & James St N
- Directions
- Cannon St E & James St N
- MLS® number
- X13432900
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-11
- Updated on
- 2026-10-15
- Days on market
- 128 days
- Possession type
- Immediate
- Co-op commission
- 2.5% of the sale price
- Seller
- Listed by
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Home Market Value
Current home valuation for 16 Cannon Street E, Hamilton, Beasley, Hamilton, ON. Listed for $3,000,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 16 Cannon Street E, Hamilton, Beasley
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
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$600,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,400,000 | $2,250,000 | $2,100,000 | $1,950,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $11,718monthly | $10,986monthly | $10,253monthly | $9,521monthly |
Land Transfer Tax
$61,475
$61,475
Around this home
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