$ 549,000
197 Sherman Avenue North
Supermarket

197 Sherman Avenue North

Detached
Hamilton, Ontario L8L 6M8
2 3 1+1 2(2) 1500-2000 sqft
2 3 1+1 2(2)
1500-2000 sqft
$ 549,000
Sale
Taxes $3,668 2025
Maintenance None
Estimated Monthly Mortgage $1425
Estimated Closing Costs $--
Supermarket

History

MLS®# X13005194

MLS®# X13005194

2026.04.15 New $549,000

Other Records

2026.04.15 - 2026.04.15 New $549,000
2025.07.08 - 2026.03.31 MLS®# X12271230 Expired $599,000
2025.07.08 - 2025.07.08 New $599,000

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
2-Storey
Size (sqft)
1500-2000
Lot Size
20 × 157.9 Feet
Parking
2 Total Parking Spaces
2 Detached Garage
0 Parking Spaces
Last Update
2026-04-16
Possession Date
30-60 Days/ TBA
Listing Date
2026-04-15
Basement
Unfinished, Full
Fireplace
N
Heating
Gas
Pool
None
Air Conditioning
None
Broker
RE/MAX REALTY SERVICES INC.
Room(s) Stories
Length x Width ( Size )
Descriptions
Game Room Main
40ft x 18ft (719.6 ft2 ) 12.2m x 5.48m (66.9 m2 )
Living Room Second
17.9ft x 12ft (215.5 ft2 ) 5.47m x 3.66m (20 m2 )
Kitchen Second
12ft x 12ft (144.2 ft2 ) 3.66m x 3.66m (13.4 m2 )
Primary Bedroom Second
16ft x 12ft (191.9 ft2 ) 4.87m x 3.66m (17.8 m2 )
Bedroom 2 Second
11.8ft x 11.8ft (139.5 ft2 ) 3.6m x 3.6m (13 m2 )

About

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. All electrical light fixtures, all window coverings, fridge, stove, shed, bar fridge.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $3,668 2025 year
Community:Gibson
DetachedMarket Stat
Avg. Sold Price
$600,000.00
YoY +5.32 %
Avg. Rent
$1,412.50

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 2963 / 3052 English
Fraser Rank(2018) 2935 / 3064 Catholic English
Fraser Rank(2018) 2624 / 3052 Catholic English
Fraser Rank(2018) 2588 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 591 / 747 Secondary Catholic English
Fraser Rank(2023) 641 / 747 Secondary Catholic French
Fraser Rank(2023) 582 / 747 Secondary Catholic English

Neighbourhood

Groceries
Nations Fresh Food 2.7 km
Unit 445, 2 King Street West, Hamilton, ON, L8P 1A2

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