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Property Description
INVESTORS & DEVELOPERSTake Note! Exceptional opportunity to secure a prime corner lot in the heart of downtown Hamilton. Located at Cannon & Cathcart, this approximately 67' x 85' property offers immense potential for residential development. The site is currently vacant with services disconnected, ready for demolition and transformation. A proposed 6.5-storey, 26-unit apartment building is already in motion, with Site Plan Approval well underway. Bonus: an Environmental Risk Assessment is in progress and approved for reimbursement through the Citys ERASE Redevelopment Grant Program. Zoned D5, this lot offers flexibility and vision in a rapidly growing urban market. Don't miss out on this chance to invest in a prime location with endless possibilities!
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Nearby Intersections
Property Features
Hospital, Public Transit, Other, School
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Property Details
Address
202 Cannon Street
Community
City
Postal Code
L8L 2A8
Property Type
Vacant Land, Vacant Land
Zoning
D5
Lot Size
67' x 84'
Acreage
5,631.3 Feet
Taxes
$4,097 (2025
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Listing contracted with Real Broker Ontario Ltd.
Major Price Improvement - Now $999,000 (Previously $1.275M)! Outstanding opportunity to own a prime 8.23-acre corner lot at the high-traffic intersection of Hwy 5 & Hwy 8. Zoned A2, offering a wide range of permitted uses including (but not limited to): Single Detached Dwelling, Residential Care Facility, Veterinary Services (Farm Animals), Kennel, Nursery, Home Industry, Agricultural Operations, Abattoir, Agricultural Processing, and Farm Product Supply. Development-Ready: Brand new drilled water well, Environmental Phase 1 completed, Hydrogeological and archaeological studies completed. Natural gas available at the lot line. Everything is in place to start building immediately (subject to zoning allowances). All completed studies and reports are included in the sale. Buyers and their agents are encouraged to perform their own due diligence regarding permitted uses and development regulations. Contact the City of Hamilton Zoning Department for full A2 zoning details.
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For more info on this property, please click the Brochure button. Rare opportunity to own a prime, unobstructed waterfront building lot on Beach Blvd., possible to be complete with City-approved building plans for a 4,433 sq. ft. home. Photos included in the listing reflect the approved design, photos contain rendering photos.
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