50 Earl Street

ActiveHamilton · Gibson129 days on marketMLS® X12938224
$2,499,999
$459 / sq ft
Bedrooms0
Bathrooms0
Interior5,442 sq ft
Lot Size15,812 sq ft
TypeCommercial
ListingFor Sale
Days on Market129

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX12938224
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size5,442 sq ft
Lot Size15,812 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodGibson
CityHamilton
Postal CodeL8L 6L2
ProvinceON
Listed DateMarch 31, 2026
Days on Market129
Price per Sq Ft$459
BrokerageRight At Home Realty, Brokerage

Location

Similar Properties Nearby

Photo of 20 Somerset AvenueJust Listed
$498,995
20 Somerset Avenue
Hamilton · 3 bed · 2 bath · Single Family Home

Sold Properties Nearby

Sign in to reveal recent sold prices in this area.

Virtual tour

Listed by Right At Home Realty, Brokerage