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.
PT LT 78-79 PL 255 PT 3 62R16343; CITY OF HAMILTON
Possession Date
Immediate
Taxes (2023)
$17,403.96
Assessment (2024)
$572,000
Directions/Cross Streets
Cathcart St. and Cannon St.
Neighbourhood
Beasley
Area
Hamilton
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
E
Waterfront
None
Special Designations
Unknown
Lot
66.82 x 84.28 ft
Acreage
<.50
Sewers
Sewers
Utilities-Hydro
N
Utilities-Gas
Y
Utilities-Cable
N
Utilities-Telephone
N
Water
Municipal
Zoning
D5
Seller Property Info Statement
N
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