197 Sherman Avenue N, Hamilton, ON L8L 6M8
Gibson, Hamilton · Near Sherman / Barton · View map
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
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 5
- Basement
- Unfinished, Full
- Lot size
- 20 x 157.9 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stone, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Total parking
- 2
- Parking features
- Street Only
Taxes & other
- Property taxes
- $3,668/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- 30-60 Days/ TBA
- Cross street
- Sherman / Barton
- Neighbourhood
- Gibson
More
- Price per sq ft
- ~$314 (at 1,750 sq ft)
- MLS® number
- X13005194
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The home and its surroundings
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
197 Sherman Avenue, Hamilton, ON L8L 6M8
Gibson, Hamilton · Near Sherman / Barton
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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.
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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 2-storey detached home 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.
How many bedrooms and bathrooms does 197 Sherman Avenue N have?
197 Sherman Avenue N has 2 bedrooms and 3 bathrooms.
Does 197 Sherman Avenue N have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. In total the listing counts 2 parking spaces.
Does 197 Sherman Avenue N have a finished basement?
The listing describes the basement as unfinished, full.
What style of home is 197 Sherman Avenue N?
197 Sherman Avenue N is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 197 Sherman Avenue N, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 20 x 157.9 ft.
How is 197 Sherman Avenue N heated and cooled?
Heating is water (gas). 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 Sherman / Barton. The postal code is L8L 6M8.
Is 197 Sherman Avenue N still for sale?
Yes. It is an active listing (MLS® X13005194). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 197 Sherman Avenue N asking?
Similar detached homes for sale nearby right now include 36 Sherman Avenue N at $499,900 (5 bed), 466 Cannon Street E at $585,000 (2 bed) and 44 Arthur Avenue N at $669,900 (2+2 bed). 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.
Similar detached homes nearby
More detached homes for sale near Gibson, picked by style, size and price.
2-storey detached home$499,90036 Sherman Avenue N, Hamilton5 bed · 2 bath · StipleyCourtesy of: RIGHT AT HOME REALTYView home →
2-storey detached home$585,000466 Cannon Street E, Hamilton2 bed · 2 bath · GibsonCourtesy of: Real Broker Ontario Ltd.View home →
2-storey detached home$669,90044 Arthur Avenue N, Hamilton2+2 bed · 2 bath · GibsonCourtesy of: ROYAL LEPAGE STATE REALTYView home →Courtesy of: RE/MAX REALTY SERVICES INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.