16 Cannon Street E
Beasley Hamilton L8L 1Z5

$4,990,000
Residential Freehold beds: 0 baths: 0.0

Main Photo: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
Photo 1: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
Photo 2: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
Photo 3: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12558772
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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
< 700
Lot Depth:
110'
Lot Frontage:
114'
Topography:
Flat
Direction Faces:
East
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Kitchens:
0
Bedrooms Above Grade:
0
Kitchens Above Grade:
0
Rooms Above Grade:
0
Heating type:
Other
Heating Fuel:
Other
Foundation:
Unknown
Roof:
Unknown
Basement:
Other
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
No
Possession Details:
Immediate
Pool:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Taxes:
$18,282.18 / 2024
Assessment:
$- / 2025
Hamilton
Hamilton
Beasley
Other
Controlled Entry
Aluminum Siding
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Other
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Nov 19, 2025
  • Photo 1: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
    Photo 1 of 3
  • Photo 2: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
    Photo 2 of 3
  • Photo 3: 16 Cannon Street E in Hamilton: Beasley House for sale : MLS®# X12558772
    Photo 3 of 3
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Data was last updated November 19, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,599,500
Min list price:
$615,000
Max list price:
$3,300,000
Avg days on market:
65
Min days on market:
1
Max days on market:
240
These statistics are generated based on the current listing's property type and located in Hamilton. Average values are derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.