$549,000
Est. payment $2,431/moCalculate yours
197 Sherman Avenue N, Hamilton, ON L8L 6M8
Gibson, Hamilton, ON L8L 6M8
- 2 Beds
- 3 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX REALTY SERVICES INC. MLS® X13005194
About this home
Amazing opportunity ! Fully detached all brick building operating as a sports club / bar with a two bedroom rental apartment on the upper level. Premium 20′ X 158′ pie - shaped lot ( 40′ rear ) located in the up and coming ” Gibson Community “. This is a fully operational ” Sports Club” with a 64 person capacity and is being sold with the ” Liquor Sales License ” ( see attached ). The new owner is responsible to transfer the license to his / her name. The building is solid but needs cosmetic updating on all three levels, large rear yard with multiple storage buildings and a detached all brick garage fronting onto the rear laneway. All fixtures and chattels are included ” as-is “, no financials are available for the Sports Club and there is no guarantee that the Alcohol and Gaming Commission will accept the new applicant. This is a perfect opportunity for the new owner to live / work in the same location and create equity by improving the existing building / property. Second floor apartment has a side entrance as well as a rear stairwell. Hot water gas heat, gas hot water tank ( rental ). Sale price includes the building and operating business.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Unfinished, Full
Building & Systems
- Heating
- Water (Gas)
- Cooling
- None
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 20 x 157.9 Feet
- Parking
- Detached garage · 2 total
Financial
- Property Taxes
- $3,668 (2025)
Location
- Neighbourhood
- Gibson
- Cross Street
- Sherman / Barton
- Direction Faces
- West
Listing
- MLS® Number
- X13005194
- Days on Market
- 186
- Listed On
- 2026-04-15
- Possession
- 30-60 Days/ TBA
- Listed By
- RE/MAX REALTY SERVICES INC.
Rooms
Features
Interior
- None
Property
- Public Transit
Pool
- None
- Included
- All electrical light fixtures, all window coverings, fridge, stove, shed, bar fridge.
- Rental items
- Hot Water Tank ( if rental )
Mortgage calculator
Estimated mortgage payment
$2,431 per month
- Principal and interest
- $2,431
- Property tax
- $306
- Condo fees
- $0
- Estimated monthly cost
- $2,737
Your mortgage
- Mortgage amount
- $439,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $290,056
Cash to close
- Down payment
- $109,800
- Land transfer tax
- $7,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $117,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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