197 Sherman Ave N
Gibson, Hamilton
$599,000
Buy with Dwelly and Save $5,990
Home Details
Buy with Dwelly and save $5,990 refund
Refunds vary by sale price, market and are subject to a minimum commission. Please get in touch and read the Refund Terms and Conditions to learn more.
Listing Description
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 Licence " ( see attached ). The new owner is responsible to transfer the licence 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.
City: Hamilton
Neighborhood: Gibson
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jul 8, 2025 | 45 | $599,000 | N/A | New | X12271226 |
Rooms
Room dimensions for 197 Sherman Ave N, Hamilton
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 197 Sherman Ave N is 3259
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $599000 |
| Down Payment | $119800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $479200 |
Monthly Payment
| Mortgage Payment | $2953 |
| Property Taxes | $306 |
| Maintenance Fees | $0 |
| Monthly Payment | $3259 |
Sold Comparables
Sold Comparables homes near 197 Sherman Ave N, Hamilton
About 197 Sherman Ave N, Hamilton
Located at 197 Sherman Ave N , this Hamilton house is available for sale. This property was listed for $599,000 on Mon Aug 18 2025. This house's size is 1500-2000 Sqft. It has 2 bedrooms and 3 bathrooms. The property includes the following rooms: Games, Living, Kitchen, Primary, 2nd Br. This property comes with 2 parking spots. 197 Sherman Ave N, Hamilton is situated in the Gibson neighbourhood.
MLS#: X12271230 · $599,000 · 2 bedroom house in Gibson, Hamilton