INSTITUTIONAL OR LAND PROPERTY
91 CARRINGTON COURT, ANCASTER, ONTARIO

The property is improved with an attractive structure containing a gross floor area of approximately 9,420 square feet including the finished basement of approximately 2,796 square feet. The site is located within the downtown area of the former Town of Ancaster, now the community of Ancaster in the City of Hamilton. PROPERTY DESCRIPTION The property is improved with an institutional structure built in 1955 and containing a gross floor area of approximately 9,420 square feet including the finished basement of approximately 2,796 square feet. The structure operated as a traditional place of worship prior to the termination of services. According to the City of Hamilton, the property is zoned "Institutional (I) Zone". This zoning permits places of worship, as well as a variety of institutional land uses, buildings and structures accessory thereto. In addition, permitted land uses include cemeteries, mausoleums and columbarium's and structures accessory thereto excluding crematoriums. INCOME The Gregory School for Exceptional Learning is currently leasing parts of the building at a rent of $2,420 per month. The lease term expires June 31 2010 subject to the tenant's renewal rights. Globalive Wireless Management Corp. has leased an unused area of the site of six meters by 8 meters at a rate of $1,000 per month on a one year term with long term renewal rights. ASKING PRICE Pre Offer Documentation is available subject to the execution of a Purchaser Acknowledgement and Waiver Agreement which is available by contacting Pierre Gagne, Steve Pocrnic or Jim Betteto.

For a printable pdf version of the LAND information - Click here.

For a printable pdf version of the INSTITUTIONAL information - Click here.

For a copy of the Purchaser Acknowledgement and Waiver Form P.G.G. - Click here.

For a copy of the Purchaser Acknowledgement and Waiver Form for Co-operating Brokers - Click here.

1. Limitations and Disclaimer - The sale of the Property will be on a "purchaser's due diligence" basis. Prospective purchasers are responsible for satisfying themselves, through whatever verification or due diligence process they determine is necessary, as to the accuracy and completeness of any information and as to the potential of the Property. Neither the Vendor nor P.G. GAGNE COMMERCIAL REAL ESTATE CORP., Brokerage ("PGG") nor Pocrnic Realty Advisors ("PRA") makes any representation or warranty, whether express or implied, as to the accuracy or completeness of any such material, information, reports or statements. The Vendor and PGG/PRA expressly disclaim any and all liability for any errors or omissions in all information, material, reports or any other written or oral communication obtained by, given to or made available to any prospective purchaser. The Vendor reserves the right to remove the Property from the market at its discretion. 2. Brokerage Disclosure - It is understood that PGG/PRA acts as the Listing Brokerages for the Vendor and owes to the Vendor a fiduciary duty and will be compensated by the Vendor. Vendor has agreed to the possibility that PGG/PRA, while representing the best interest of the Vendor, may introduce the Property to and provide services to one or more purchasers in accordance with the offering process. 3. Co-Operating Brokerage - Unless advised otherwise in writing, it shall be conclusively deemed that any co-operating brokerage involved on behalf of a prospective purchaser will act as representative of the purchaser. Co-operating brokerages will be required to register their client.