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.
About this home
Photos of 197 Sherman Avenue N
Facts and features of 197 Sherman Avenue N
| Type | Detached |
|---|---|
| Style | 2-Storey |
| Bedrooms | 2 |
| Bathrooms | 3 |
| Size | 1500-2000 sq ft |
| Lot | 20 x 157.9 Feet |
| Parking | 2 |
| Garage | Detached |
| Heating | Water |
| Cooling | None |
| Basement | Unfinished, Full |
| Exterior | Stone, Brick |
| Taxes | $3,668 (2025) |
| Days on market | 197 |
| Listing brokerage | RE/MAX REALTY SERVICES INC. |
Rooms
5 rooms, with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Primary Bedroom | Second | 12′ 0″ Ă— 16′ 0″ 3.66 Ă— 4.87 m | Broadloom |
| Game Room | Main | 18′ 0″ Ă— 40′ 0″ 5.48 Ă— 12.2 m | open concept, 2 pc bath, 3 pc bath |
| Living Room | Second | 12′ 0″ Ă— 17′ 11″ 3.66 Ă— 5.47 m | broadloom, picture window |
| Bedroom 2 | Second | 11′ 10″ Ă— 11′ 10″ 3.6 Ă— 3.6 m | Broadloom |
| Kitchen | Second | 12′ 0″ Ă— 12′ 0″ 3.66 Ă— 3.66 m |
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197 Sherman Avenue N
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197 Sherman Avenue N
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MLS® X13005194 Data source: PropTx Listed April 16, 2026