I don't have enough recent comparable sales to call this one's price, but 88 days on market. Here's everything I've got on it — ask me anything.
Hamilton · Beasley
16 Cannon Street E
Multiplex
MLS® #X13432900
Listed for$3,500,00088 days on market
— bed — bath 8 parking < 700 sq ft~$5,000/sq ft
88 days on market
11 schools within 1 km
Transit stop ~80 m
Free · about 10 seconds
Is $3,500,000 a fair price?
See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.
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Est. all-in monthly~$17,808/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools
Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.
Southern Ontario CollegiatePrivate · Secondary · ..0.3 km
Dr. J. Edgar Davey (New) Elementary Public SchoolPublic · Elementary & Secondary · Hamilton-Wentworth DSB0.6 km
Immigrants Working Centre - IWC AcademyPrivate · Secondary · ..0.6 km
Hamilton Downtown Islamic SchoolPrivate · Elementary & Secondary · ..0.7 km
Rebecca Street Alternative Education Secondary SchoolPublic · Secondary · Hamilton-Wentworth DSB0.8 km
James Street Alternative EducationPublic · Secondary · Hamilton-Wentworth DSB0.8 km
Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.
Getting around
Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.
James at CannonNearest transit · Bus stop~80 m
West HarbourNearest GO / rail · GO / regional rail~700 m
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Hamilton
569,353Population (2021)
40.8Median age
$86,000Median household income
65.7%Home owners
34.3%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details
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 data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.
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