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197 SHERMAN AVENUE N, Hamilton (Gibson) — listed at $549,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Games room | Main level | 5.48 x 12.2 meters |
| Living room | Second level | 3.66 x 5.47 meters |
| Kitchen | Second level | 3.66 x 3.66 meters |
| Primary Bedroom | Second level | 3.66 x 4.87 meters |
| Bedroom 2 | Second level | 3.6 x 3.6 meters |
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Who is 197 SHERMAN AVENUE N best suited for?+
With 2 bedrooms and 3 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
How is the space laid out across floors?+
This is a 2-storey single family. The 2 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,667.99, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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