For saleMLS® X13005174

197 Sherman Avenue N, Hamilton, ON L8L 6M8

Gibson, Hamilton · Near Barton / Sherman · View map

$549,000
3Baths
2000Sq ft
Store w apt / officeType
Double DetachedGarage
2 totalParking
$3,668/yrTaxes
$549,000
FreeholdNo monthly condo fee
Double Detached garage2 parking spaces in total
Lot 20 x 157.9 ftThe land comes with the home

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.

The home

Type
Store w apt / office
Square footage
2000 sq ft
Bathrooms
3
Lot size
20 x 157.9 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Hot Water

Garage & parking

Garage
Double Detached
Driveway spaces
2
Total parking
2

Taxes & other

Property taxes
$3,668/yr
Tax year
2025
Occupancy
Owner
Possession
30-60 Days / TBA
Cross street
Barton / Sherman
Neighbourhood
Gibson

More

MLS® number
X13005174

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,520per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    197 Sherman Avenue, Hamilton, ON L8L 6M8

    Gibson, Hamilton · Near Barton / Sherman

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    Sold history

    Listing history for 197 Sherman Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 197 Sherman Avenue N

    Answers come straight from this home’s MLS® listing.

    How much is 197 Sherman Avenue N listed for, and what would it cost each month?

    197 Sherman Avenue N is listed for $549,000. With 20% down ($109,800), the mortgage payment would be roughly $2,215 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,520 a month, all in. That figure is an illustration, not a quote.

    Is 197 Sherman Avenue N freehold or a condo, and is there a monthly fee?

    197 Sherman Avenue N is a store w apt / office in Gibson, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 197 Sherman Avenue N have a garage and parking?

    Yes. The listing shows the garage as double detached. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.

    What style of home is 197 Sherman Avenue N?

    197 Sherman Avenue N is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 197 Sherman Avenue N, and what is the lot size?

    The lot is listed as 20 x 157.9 ft.

    How is 197 Sherman Avenue N heated and cooled?

    Heating is gas hot water. The listing does not show air conditioning.

    What are the property taxes for 197 Sherman Avenue N?

    Property taxes are $3,668 a year (2025), or about $306 a month.

    Where is 197 Sherman Avenue N?

    197 Sherman Avenue N is in the Gibson community of Hamilton. The nearest main intersection is Barton / Sherman. The postal code is L8L 6M8.

    Is 197 Sherman Avenue N still for sale?

    Yes. It is an active listing (MLS® X13005174). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 197 Sherman Avenue N asking?

    Similar properties for sale nearby right now include 197 Sherman Avenue N at $549,000 (2 bed), 817 King Street E at $624,900 and 597 Barton Street E at $699,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 197 Sherman Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 197 Sherman Avenue N?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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