202 Cannon Street E,Hamilton, ON L8L 2A8
Hamilton, ON L8L 2A8
Description
Rare downtown Hamilton infill redevelopment opportunity near transit, James Street North, the West Harbour and downtown amenities. The approximately 0.12-acre site is zoned Downtown Residential (D5), permitting up to 12 storeys as of right. Preliminary plans contemplate a conservative six-storey residential development containing approximately 27 units, offering potential to explore additional density. The property may also appeal to purchasers pursuing a larger land assembly and potential high-density redevelopment, subject to rezoning and municipal approvals. Significant intensification is occurring nearby, including the proposed 101-metre tower at 188 Cannon Street East. Ideal for an affordable-housing provider, non-profit organization, boutique developer or investor seeking an urban infill opportunity. Significant environmental and pre-development work has been completed, with an extensive due-diligence package available to qualified purchasers. Property is being sold as-is. Images include a rendering.
Details
| MLS # | 40855059 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 51 |
| Listing Provided By | Blair Blanchard Stapleton Ltd. | Adrian Mekli |
Features
| Zoning | D5 |
|---|---|
| Acreage | 0.12 |
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Urban, Rectangular, City Lot, High Traffic Area, Public Transit |
|---|
Utilities
| Utilities | At Lot Line-Gas, At Lot Line-Hydro |
|---|---|
| Sewer | Sewer (Municipal) |
Taxes
| Tax Annual Amount | 4097 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 2A8 |
| Area | 14 Hamilton Centre |
| Subarea | 140 Beasley |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $899,000 low | high Med: $2,850 On site: 51 low | high Med: 51.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8L 2A8 |
| Area | 14 Hamilton Centre |
| Subarea | 140 Beasley |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $899,000 low | high Med: $2,850 On site: 51 low | high Med: 51.5 | |
