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City Centre · Building price report

Cannon Gardens, City Centre: apartment prices, October 2026

124 Harrington Street, a sectional-title scheme registered in 2007. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.

27 sales recorded in Cannon Gardens since 2023, median price R1.79m.

27 registered salesR30,300/m² median
Value my apartment in Cannon Gardens

Data: City of Cape Town public records, 27 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Feb 2023 to Jun 2026 · Updated 21 October 2026 · Method
Gold: Cannon Gardens · grey: homes sold in City Centre since 2023

Cannon Gardens in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R1.79mMedian sale price since 2023 (61 m² median)
R30,300Median price per m² since 2023
9 salesR36,100Median price per m², 2025 and 2026
R49,400/m²−27 %Compared with the City Centre apartment median per m²
R1.10m to R2.98m27Registered sales since January 2023
R13,400/moEstimated rent for a median 61 m² unit
estimate9.0 %Estimated gross yield (5.6 % net)
What is your home worth in City Centre?Compare your unit with every sale in Cannon Gardens: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About Cannon Gardens

A Harrington Street apartment block with a communal rooftop swimming pool, shared laundry and garaged parking, with Table Mountain views from some apartments. Among 37 City Centre buildings with at least five sales since 2023, Cannon Gardens ranks above the neighbourhood median by price per m² (number 13). The sectional-title scheme was registered in 2007. The highest price registered here since 2023 was R2.98m, for a unit of 61 m², in Jun 2026. The units that changed hands range from 41 m² to 75 m², mostly one- and two-bedroom sizes (median 61 m²).

Source: 103 Cannon Gardens, 124 Harrington Street, Tyson Properties

2Prices and trend

What Cannon Gardens sells for

Medians of registered sales. With a handful of sales a year, the mix of units sold moves these figures: read the trend with care.

Apartments in Cannon Gardens sell for about 27 % less per m² than the City Centre median, a way into the neighbourhood below its usual price level. Units sold range from 41 m² to 75 m², with a median of 61 m². 27 sales were registered since January 2023, the most in 2023 (10). The median price per m² moved from R29,400 in 2023 and 2024 to R36,100 in 2025 and 2026, +23 %.

Floor, view and condition move the price of each unit: value your apartment in Cannon Gardens against these sales, free.

Median price per m² by year

R27k202310 salesR33k20248 salesR32k20256 salesR39k20263 sales

Number of sales under each year. 2026 is partial.

Against the neighbourhood

Cannon GardensR36,100
City Centre medianR49,400
Mandela Rhodes PlaceR35,500
The SquareR31,100
IconR37,500

Median price per m², sales since January 2025 where available. City Centre median: apartments sold since January 2025.

YearSalesMedian priceMedian price per m²
20263R2.35mR38,525
20256R1.78mR31,641
20248R1.82mR32,689
202310R1.55mR27,183
3Recent sales

Every sale registered in Cannon Gardens since 2023

Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.

RegisteredSizePricePrice per m²
Jun 202661 m²R2.20mR36,066
Jun 202661 m²R2.98mR48,852
Apr 202661 m²R2.35mR38,525
Dec 202541 m²R1.79mR43,780
Nov 202553 m²R1.79mR33,774
Sep 202541 m²R1.70mR41,341
Jun 202561 m²R1.80mR29,508
Mar 202565 m²R1.70mR26,154
Mar 202561 m²R1.76mR28,934
Oct 202461 m²R1.92mR31,475
Aug 202441 m²R1.39mR33,902
May 202441 m²R1.45mR35,366
Apr 202453 m²R1.90mR35,849
Apr 202461 m²R2.10mR34,426
Mar 202475 m²R1.70mR22,667
Mar 202461 m²R1.85mR30,328
Jan 202461 m²R1.80mR29,508
Sep 202361 m²R1.55mR25,410
Sep 202359 m²R1.52mR25,847
Aug 202361 m²R1.85mR30,328
Jul 202341 m²R1.10mR26,829
Jun 202361 m²R1.55mR25,410
Jun 202359 m²R1.43mR24,153
Apr 202360 m²R1.90mR31,667
Mar 202341 m²R1.20mR29,268
Feb 202361 m²R1.70mR27,869
Feb 202369 m²R1.90mR27,536
4Rent and yield

What a unit in Cannon Gardens would earn

Estimates, not observed rents: Sellect model from the price level, the same as in your free report.

Estimate

Rent for a median unit

R13,400 /month

A 61 m² unit at the building median of R1.79m would rent for about R13,400 a month: a gross yield of about 9.0 % and about 5.6 % net, after rates, levies, management and empty months.

Rates at the City’s 2026/27 residential rate, levies estimated at R45 per m² a month, management 8 %, vacancy 4 %.

Your unit

Value your flat in Cannon Gardens

Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Cannon Gardens and gives a value range, the rent and the net yield, in 60 seconds.

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Frequently asked questions

How much does an apartment in Cannon Gardens cost?

Since January 2023, 27 apartments were registered as sold in Cannon Gardens, City Centre, at a median of R1.79m for 61 m², or R30,300 per m². Prices ranged from R1.10m to R2.98m.

Is Cannon Gardens expensive for City Centre?

Units in Cannon Gardens sell for a median of R36,100 per m², 27 % below the City Centre apartment median of R49,400 per m² for sales since January 2025.

What rent can I get for a flat in Cannon Gardens?

About R13,400 a month for a 61 m² unit, a gross yield of about 9.0 % (5.6 % net). This is a Sellect estimate from the price level; your free report adjusts it to your unit.

Where do these figures come from?

From sales registered at the Deeds Office and published by the City of Cape Town, analysed by Sellect. Bundles, parking bays, storerooms and implausible prices are excluded. Figures are medians and indicative, not a valuation.

Nearby buildings

Other buildings in City Centre

Sources and method. City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect; data updated 21 October 2026. Sales are shown per building, without unit numbers or owners’ names. Rents and yields are Sellect estimates. Figures are indicative, not a valuation.