202 Cannon St E
Beasley, Hamilton
$1,899,999
Buy with Dwelly and Save $19,000
Home Details
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Listing Description
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.
City: Hamilton
Neighborhood: Beasley
Property History
Rooms
Room dimensions for 202 Cannon St E, Hamilton
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 202 Cannon St E is 10817
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1899999 |
| Down Payment | $380000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1519999 |
Monthly Payment
| Mortgage Payment | $9367 |
| Property Taxes | $1450 |
| Maintenance Fees | $0 |
| Monthly Payment | $10817 |
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About 202 Cannon St E, Hamilton
Located at 202 Cannon St E , this Hamilton house is available for sale. This property was listed for $1,899,999 on Fri Feb 14 2025. This house's size is 66.82 x 84.28 Feet. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 202 Cannon St E, Hamilton is situated in the Beasley neighbourhood.
MLS#: X9399804 · $1,899,999 · null bedroom house in Beasley, Hamilton