Apartment buildings for sale in Hamilton–Niagara

16 Cannon Street E, Hamilton

Units not stated
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Updated June 11, 2026
$3,500,000
Underwrite this building

Opens our underwriting tool with this listing's price filled in. Every assumption stays editable.

Request the package

We'll send the full listing package and, if useful, our read on the numbers.

Photo 1 of 3
Photo 2 of 3
Photo 3 of 3

Details from the listing

Property taxes$18,282 (2025)
Lot size0.217 acres
OccupancyVacant
HeatOther, Other

From the listing

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.

Request the package

We'll send the full listing package and, if useful, our read on the numbers.

Your details are used to deliver the package and follow up on this listing only, unless you also subscribe above.

Listings refreshed October 1, 2026 at 12:25 a.m. ET