16 Cannon Street E, Hamilton, ON L8L 1Z5
Beasley, Hamilton · Near Cannon St E & James St N · View map
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.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- < 700 sq ft
- Bathrooms
- 0
- Lot size
- 114 x 110 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Fireplace
- No
Garage & parking
- Driveway spaces
- 8
- Total parking
- 8
- Parking features
- Available
Taxes & other
- Property taxes
- $18,282/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Cannon St E & James St N
- Neighbourhood
- Beasley
More
- MLS® number
- X13432900
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The home and its surroundings
- Controlled Entry
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
16 Cannon Street, Hamilton, ON L8L 1Z5
Beasley, Hamilton · Near Cannon St E & James St N
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Listing history for 16 Cannon Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 16 Cannon Street E
Answers come straight from this home’s MLS® listing.
How much is 16 Cannon Street E listed for, and what would it cost each month?
16 Cannon Street E is listed for $3,000,000. With 20% down ($600,000), the mortgage payment would be roughly $12,101 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,625 a month, all in. That figure is an illustration, not a quote.
Is 16 Cannon Street E freehold or a condo, and is there a monthly fee?
16 Cannon Street E is a multiplex in Beasley, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 16 Cannon Street E have a garage and parking?
The listing does not show a garage. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.
What style of home is 16 Cannon Street E?
16 Cannon Street E is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 16 Cannon Street E, and what is the lot size?
The lot is listed as 114 x 110 ft.
What are the property taxes for 16 Cannon Street E?
Property taxes are $18,282 a year (2025), or about $1,524 a month.
Where is 16 Cannon Street E?
16 Cannon Street E is in the Beasley community of Hamilton. The nearest main intersection is Cannon St E & James St N. The postal code is L8L 1Z5.
Is 16 Cannon Street E still for sale?
Yes. It is an active listing (MLS® X13432900). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 16 Cannon Street E asking?
Similar properties for sale nearby right now include 184 King Street E at $2,480,000 (7 bed), 374 Highway 8 at $2,295,000 (7+2 bed) and 41 Albert Street at $2,495,000 (11+4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 16 Cannon Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 16 Cannon Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Beasley, picked by style, size and price.
Multiplex$2,480,000184 King Street E, Hamilton7 bed · 8 bath · BeasleyCourtesy of: RE/MAX PREMIER INC.View home →
Multiplex$2,295,000374 Highway 8, Hamilton7+2 bed · 7 bath · Stoney CreekCourtesy of: ROYAL LEPAGE MEADOWTOWNE REALTYView home →
Multiplex$2,495,00041 Albert Street, Hamilton11+4 bed · 13 bath · BlakeleyCourtesy of: RE/MAX METROPOLIS REALTYView home →Courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.