Gurvinder Nokwal REALTOR®
For Sale Detached 186 days on market

$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
Map

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

Room Level Dimensions
Primary Bedroom Second 12′ 0″ × 16′ 0″
Game Room Main 18′ 0″ × 40′ 0″
Living Room Second 12′ 0″ × 17′ 11″
Bedroom 2 Second 11′ 10″ × 11′ 10″
Kitchen Second 12′ 0″ × 12′ 0″

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

Minimum for this price: $29,900 (5.45%)

Amortization, years

Estimated mortgage payment

$2,431 per month

Principal and interest
$2,431
Property tax
$306
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
Total, before legal fees
$117,255
Talk to me about financing

Estimates 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

197 Sherman Avenue N, Hamilton, ON L8L 6M8 Gibson, Hamilton, ON L8L 6M8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$549,000 197 Sherman Avenue N, Hamilton, ON L8L 6M8
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