202 Cannon Street East, Hamilton | Image 1

202 Cannon Street East

Hamilton, Beasley

  • 0 bed 0 bath
$1,899,999 est.*: $6,436/mo
For Sale

Added 2 months ago

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  • Type: Vacant Land

  • Lot Size: 66.82 x 84.28 Feet

  • Age: No Data

  • Taxes: $17,404 per year

  • Days on Site: 55 Days

  • Added: Oct 17, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X9399804

  • Listed By: Keller williams signature realty, brokerage

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.

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Property

  • Status: Sale

  • Property Type: Vacant Land

  • Area: Hamilton

  • Community: Beasley

  • Availability Date: Immediate

  • Assessment Amount: $572,000

  • Assessment Year: 2024

Utilities

  • Electricity: No

  • Gas: Yes

  • Cable: No

  • Telephone: No

Building

  • Water Supply: Municipal

  • Special Designation: Unknown

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 78-79 PL 255 PT 3 62R16343; CITY OF HAMILTON

  • Taxes: $17,404

Land

  • Cross Street: Cathcart St. and Can

  • Municipality District: Hamilton

  • Fronting On: East

  • Parcel Number: 171640177

  • Sewer: Sewers

  • Lot Depth: 84.28 Feet

  • Lot Frontage: 66.82 Feet

  • Acres: < .50

  • Zoning: D5

  • Waterfront: None

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Walker's Paradise

  • Daily errands do not require a car.
94 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
79 /100

Biker's Paradise

  • Daily errands do not require a car.
93 /100
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Map of 202 Cannon Street East, Hamilton
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.71 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.73 km
JK-8

St. Lawrence Catholic Elementary School

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1.22 km
JK-8

Bennetto Elementary School

Elementary: Public
1.07 km
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Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
0.18 km
JK-8

Cathy Wever Elementary Public School

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1.00 km
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St. Charles Catholic Adult Secondary School

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2.58 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.20 km
9-12

Cathedral High School

Secondary: Catholic
0.89 km

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