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197 Sherman Avenue

197 Sherman Avenue

Hamilton, ON

  • 2 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Detached
  • 147 days on market
$549,000

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.

Listing Details

Taxes (2025)
$3,668
Listed
April 15, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Stone, Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
None
Lot Size
20 x 157.9 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Sherman / Barton
Parcel Number
171940228
Possession
30-59 days
Occupancy
Owner+Tenant

Included

Inclusions
All electrical light fixtures, all window coverings, fridge, stove, shed, bar fridge.
Rental Items
Hot Water Tank ( if rental )

Schools

Elementary

  • St. Ann (Hamilton) Catholic Elementary School0.3 km

    Catholic · Hamilton-Wentworth CDSB · 375 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • Prince of Wales Elementary Public School0.7 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 49% met the provincial standard

  • Cathy Wever Elementary Public School0.9 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard

Secondary

  • Bernie Custis Secondary School Secondary School1 km

    Public · Hamilton-Wentworth DSB · 955 students

    Grade 10 literacy: 65% met the provincial standard

  • Cathedral High School1.7 km

    Catholic · Hamilton-Wentworth CDSB · 1650 students

    Grade 10 literacy: 64% met the provincial standard

  • System Alternative Education Sir Isaac Brock Secondary School2 km

    Public · Hamilton-Wentworth DSB · 65 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

needs work

AI-generated from listing photos. Not professional advice.

Community

Postal area L8L

Population
32,312
Private dwellings
14,444
Median age
36.4
Average household size
2.4
Median household income
$65,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Hamilton · last 12 months

Median sold price
$680,000
Homes sold
4,962
Median days on market
28
Sale-to-list price
97.1%

Based on 4,962 recorded sales of residential freehold properties in Hamilton over the last 12 months.

Rooms

2-piece, 3-piece, 4-piece

Second

  • Bedroom 211'10" x 11'10"
  • Kitchen12' x 12'
  • Living Room12' x 17'11"
  • Primary Bedroom12' x 16'

Main

  • Game Room

Listed by

RE/MAX REALTY SERVICES INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$109,800

Estimated Monthly Payment

$2,697

Land transfer tax

Estimated land transfer tax$7,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,697/mo (20% down, 5.5%)

Taxes: $306/mo · Insurance: $137/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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