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$549,000

197 SHERMAN AVENUE N

Beds

2

Baths

3.1

Sqft

Year

Location

See the block, not just the house.

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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. (id:65958)

Subtype
Single Family
Structure
House
Community
Gibson
Common interest
Freehold
Lot dimensions
20 x 157.9 FT ; Pie-Shaped Lot ( 40' Rear ) !
Bedrooms
2 above grade
Parking
2 total
Stories
2
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$3,667.99
Photos
22
MLS#
X13005194
Area
HAMILTON_(GIBSON)

Features and systems

Parking

Detached GarageGarageStreet

Basement

UnfinishedFull

Appliances

RefrigeratorStoveWindow Coverings

Cooling

None

Exterior

BrickStone

Flooring

Carpeted

Foundation

Poured Concrete

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Gibson). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,694/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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