$599,000
Available - For Sale
Listing ID: X12271230
197 Sherman Aven North , Hamilton, L8L 6M8, Hamilton


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.
Price $599,000
Taxes: $3667.99
Assessment Year: 2025
Occupancy: Tenant
Address: 197 Sherman Aven North , Hamilton, L8L 6M8, Hamilton
Directions/Cross Streets: Sherman / Barton
Rooms: 5
Bedrooms: 2
Bedrooms +: 0
Family Room: F
Basement: Unfinished, Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Game Room 17.97 40.02 Open Concept, 2 Pc Bath, 3 Pc Bath
Room 2 Second Living Ro 12 17.94 Broadloom, Picture Window
Room 3 Second Kitchen 12 12
Room 4 Second Primary B 12 15.97 Broadloom
Room 5 Second Bedroom 2 11.81 11.81 Broadloom
Washroom Type No. of Pieces Level
Washroom Type 1 2
Washroom Type 2 3
Washroom Type 3 4
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 2
Washroom Type 7 3
Washroom Type 8 4
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Detached
Style: 2-Storey
Exterior: Stone, Brick
Garage Type: Detached
(Parking/)Drive: Street Onl
Drive Parking Spaces: 0
Park #1
Parking Type: Street Onl
Park #2
Parking Type: Street Onl
Pool: None
Approximatly Square Footage: 1500-2000
Property Features: Public Trans
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTY SERVICES INC.
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style: 2-Storey
Lot Size: x 157.90(Feet)
Approximate Age:
Tax: $3,667.99
Maintenance Fee: $0
Beds: 2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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