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50 EARL STREET, Hamilton (Gibson)
2026-03-31
Quick Summary
MLS®#X12938224
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 5442 sqft
- Building Type: Special Purpose
- Utility Water: Municipal water
Land
- Land Size: 100 x 157.5 FT ; 100.20 x 157.90 x 100.20 x 157.90
Zoning
- Description: (Institutional) (Daycare) D/S-1822
Information entered by Right At Home Realty, Brokerage
Listing information last updated on: 2026-05-11 11:35:07
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Your One Percent Realty Commission savings†
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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