50 Earl ST, Hamilton, ON L8L 6L2
50 Earl ST, Hamilton, ON L8L 6L2
50 Earl ST, Hamilton, ON L8L 6L2
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
-
Est. payment /mo
5,442 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,442 sqft

Subdivision Gibson

MLS Listing ID X12938224

Annual Tax Amount $1

Tax Year 2025

Property Sub-Type Commercial Retail

Lot Depth 157.5

Lot Front 100.0

Property Description

This renovated church property has been advanced toward childcare / daycare / day care / day-care use with layout potential accommodating approximately 70 children and is also well suited for private school, educational, training, community or other permitted institutional uses. Exceptional opportunity to acquire a freestanding institutional building in the heart of Hamilton, strategically located near Hamilton General Hospital and surrounded by established residential neighborhoods. This former place of worship has undergone extensive capital upgrades and offers approximately 5,442 sq ft of functional space over two levels on a generous 100 ft x 157 ft lot with on-site parking and outdoor area potential. The flexible floor plan features large open program areas, finished lower level, kitchen facilities, multiple washrooms and adaptable space for multi-room operations. Significant improvements include upgraded 200-amp electrical service, complete removal of knob and tube wiring with ESA certification, new plumbing, city-permitted sewer replacement, new flooring, washrooms, interior finishes, doors and building systems. Phase I Environmental Site Assessment completed with no Phase II recommended at the time of report. Institutional buildings of this scale, location and level of improvement are increasingly difficult to replicate due to zoning, planning timelines and rising construction costs. This presents a compelling opportunity for investors seeking future income potential and favorable cap rate positioning through tenant placement and stabilization. Located within a major healthcare employment corridor, the property benefits from strong underlying demand driven by healthcare professionals, families and community services. Ideal for investors or operators with vision to secure a strategic asset today and position for future leasing to established childcare operators, educational users or community-based organizations as funding programs evolve.

Location

Province ON

County Hamilton

Area Hamilton

Zoning (Institutional) (Daycare) D/S-1822

Interior

Cooling Yes

Inclusions EXISTING LIGHT FIXTURES, EXISTING HVAC SYSTEMS, NEW WOODEN PRIVACY FENCE, NEW ASHPHAULT DRIVEWAY PAVING, EXIT GATE, EXTERIOR CONCRETE RESURFACING, SAFETY BOLARDS, PARKING LOT SAFETY FENCE, NEW BASEMENT WINDOWS, EXTERIOR FULL BUILDING WASH / PAINTING

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 100.0

Lot Depth 157.5

Building

Building Age 100+

Others

Security Features No

ParcelsYN No

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Listed by Right At Home Realty, Brokerage

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

Broker License ID: 9520476

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