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$3,500,000
For SaleListed 56 days ago

16 Cannon Street East, Hamilton, ONL8L 1Z5

Beasley
< 700 ft²
Multiplex8 Parking114 × 110 ft Lot
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Property Information

Property TypeMultiplex
Lot Size114 × 110 ft
BasementOther
Parking8 parking spaces · Available
Property taxes$18,282/yr (2025)
Days on Market56 Days
Listed DateJun 11, 2026
MLS® NumberX13432900

Monthly Cost

Description

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.

Listing History

Event
Date
Price
Listed
Jun 11, 2026
$3,500,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

View on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Hamilton school catchments

Licensed Childcare Nearby

Licensed childcare nearby
From Ontario’s Ministry of Education registry
6
Licensed centres nearby
0.5km
Closest centre
6
CWELCC
3
Before & after care
Licensed Child Care Centre
First Class Children'S Centre
139 Rebecca Street, Hamilton
0.5 km
CWELCC
Full day · Half day
Operator: 1237462 Ontario Inc. - First Class Children'S Centre
Licence #23068·Child Care Centre
Licensed Child Care Centre
Wesley Child Care Programs - Dr. J. Davey School
99 Ferguson Avenue, Hamilton
0.6 km
CWELCC
Full day · Before & after school
Operator: Wesley Urban Ministries Inc.
Licence #57292·Child Care Centre
Licensed Child Care Centre
Hamilton Downtown Ymca Child Care Centre
79 James Street, Hamilton
0.7 km
CWELCC
Full day · Before & after school
Operator: Ymca Of Hamiltonburlingtonbrantford
Licence #06574·Child Care Centre
Licensed Child Care Centre
Hamilton Early Learning Centre
10 George Street, Hamilton
0.7 km
CWELCC
Full day
Operator: Hamilton Early Learning Centre Inc.
Licence #12153·Child Care Centre
Licensed Child Care Centre
Ywca Hamilton - Downtown Child Care Centre
75 Macnab Street, Hamilton
0.8 km
CWELCC
Full day · Half day
Operator: Ywca Hamilton
Licence #12944·Child Care Centre
Licensed Child Care Centre
Wesley School Age Program-Hess Street Site
107 Hess Street, Hamilton
0.8 km
CWELCC
Full day · Before & after school
Operator: Wesley Urban Ministries Inc.
Licence #55475·Child Care Centre

About Beasley

View Beasley on Market

Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

26%
Homeowners
42%
Households with kids
$45,600
Median income
34
Median age
More about this area
1.6
Avg. household size
39%
University degree
18%
Newcomers (immigrants)
Age profile797 residents
Under 2011%
20–3440%
35–6430%
65+18%

StatCan 2021 Census · this home’s dissemination area (DA 35250468). Values are randomly rounded by Statistics Canada for privacy.

Homes for sale nearby

DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Jun 11, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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