$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 |
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| Keller Williams Signature Realty, Brokerage |
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At a Glance:
| Type: | Freehold - Vacant Land |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Beasley |
| Lot Size: | 66.82 x 84.28(Feet) |
| Tax: | $17,403.96 |
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