Address
50 Earl Street, Hamilton, ON
Price
$ 2,499,999
Property Attributes
  • ID#X12938224
  • TypeCommercial
  • Listing Status New
  • CityHamilton
  • AreaGibson
  • NeighbourhoodGibson
  • Postal CodeL8L 6L2
  • Style
  • Taxes$ 1
  • Price$ 2,499,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5442
Data Source:
Toronto Real Estate Board (TRREB)
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.

Price History
3/31/2026 Listed $2,499,999

General Features

Cooling Yes
Utilities Yes
Security Features No
Heater Type Gas Forced Air Closed
Parking Spaces 12
Amps 200
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 157.5
Business Type Other
Community Features Public Transit
County Hamilton
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Hamilton
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 1.0
Virtual Tour https://www.myvisuallistings.com/cvtnb/362419
Building Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Legal Description LTS 29 & 30,PL 245 ; HAMILTON

Interior Features

Clear Height Feet 16
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type None
SoilTest Environmental Audit
Spa No
Building Area Total 5442.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8L 6L2

Price
AVG $1.25M
$2.5M
Visits
AVG 7
348
Data Provided by Inside Real Estate®