• Mobile: 416-473-8225
  • Office: 416-473-8225

$1,899,999
Available - For Sale
Listing ID: X9399804
202 Cannon St East , Hamilton, L8L 2A8, Ontario


ATTENTION INVESTORS and DEVELOPERS!!! This is a golden opportunity to capitalize on Hamilton's thriving downtown real estate market. Rare opportunity to own a prime residential building lot in Central Hamilton! This corner property located at Cannon/Cathcart measures approximately 67' x 85'. The existing buildings on the site are vacant and their services have been disconnected, making them ready for demolition. The proposed development is a 6.5-storey apartment building consisting of 26 units. Site Plan Approval process is well underway. Furthermore, an Environmental Risk Assessment is being conducted and has been approved for reimbursement under the city's ERASE Redevelopment grant program. Zoned D5, this corner lot will give you the freedom to create the perfect investment property. Don't miss out on this chance to invest in a prime location with endless possibilities!
Extras:   With vacant existing buildings, ready for demolition and services already disconnected, the path is clear for the proposed 6.5-storey apartment building comprising 26 units.
Price $1,899,999
Taxes: $17403.96
Assessment: $572000
Assessment Year: 2024
Address: 202 Cannon St East , Hamilton, L8L 2A8, Ontario
Lot Size: 66.82 x 84.28 (Feet)
Acreage: < .50
Directions/Cross Streets: Cathcart St. and Cannon St.
Property Type: Vacant Land
Sewers: Sewers
Water: Municipal
Utilities-Cable: N
Utilities-Hydro: N
Utilities-Gas: Y
Utilities-Telephone: N
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Keller Williams Signature Realty, Brokerage
Personal Picture
Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Vacant Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
Style:
Lot Size: 66.82 x 84.28(Feet)
Approximate Age:
Tax: $17,403.96
Maintenance Fee: $0
Beds:
Baths: 0
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years