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202 Cannon Street E Hamilton, Ontario L8L 2A8

$1,899,999

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! (id:56248)

Property Details

MLS® Number 40560599
Property Type Vacant Land
AmenitiesNearBy Hospital, Public Transit, Schools

Building

BasementType None
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 85 Ft
SizeFrontage 67 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription D5

https://www.realtor.ca/real-estate/26664547/202-cannon-street-e-hamilton

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