For saleMLS® X13874182

105 - 1076 Gainsborough Road, London North, ON N6H 5L5

North I, London North · Near Hyde Park Road · View map

$100,000
2Beds
Sale of businessType
Outside/SurfaceGarage
NoneParking
$100,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing

About this home

Turnkey cold-plunge & infrared-sauna recovery studio - fully built, fully permitted, fully equipped. London, Ontario. Rare opportunity to acquire a purpose-built 773 sf ground-floor recovery studio in a new mixed-use building on a high-traffic arterial corridor (Hyde Park / Gainsborough). Three premium commercial cold plunge tubs (Plunge All-In with integrated chiller & filtration) + four-person Clear light infrared sauna, all purchased new in 2024 and very lightly used. Complete commercial fit-out including rubber flooring, change rooms, washroom, laundry, dedicated electrical, plumbing, HVAC, sprinklers, lighting, and professional finishes. All City of London permits, engineering, and fire-code approvals already in place - original build-out and permitting cycle took nearly a year. Approximately $158,000 invested in assets and improvements. Lease runs to May 2029 with two further three-year options. Assignment permitted with landlord consent (not to be unreasonably withheld). Permitted uses include Medical, Wellness, Commercial Recreation, or Personal Service - ideal for cold plunge, contrast therapy, recovery, physiotherapy, massage, or adjacent wellness concepts with no change-of-use required. This is an asset-and-position sale of an operating-ready facility that was never traded at scale. The studio is ready for immediate use by an operator who can staff consistent hours and execute marketing. No material membership base or proven earnings history - buyer builds demand from a clean start. Equipment and improvements alone represent significant replacement cost and time savings versus building from scratch. Ideal for an experienced wellness operator, physiotherapist, or recovery-focused entrepreneur seeking a turnkey platform without the construction, permitting, and time risk. Asset purchase with lease assignment.

The home

Type
Sale of business
Bedrooms
2
Kitchens
1

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating fuel
Gas
Heating type
Electric Forced Air
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Cross street
Hyde Park Road
Neighbourhood
North I

More

MLS® number
X13874182

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Want to know something that isn’t listed?
Estimated monthly cost$466per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1076 Gainsborough Road, London North, ON N6H 5L5

    North I, London North · Near Hyde Park Road

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    Sold history

    Listing history for 1076 Gainsborough Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

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    Questions & answers

    Frequently asked questions about 105 - 1076 Gainsborough Road

    Answers come straight from this home’s MLS® listing.

    How much is 105 - 1076 Gainsborough Road listed for, and what would it cost each month?

    105 - 1076 Gainsborough Road is listed for $100,000. With 20% down ($20,000), the mortgage payment would be roughly $403 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $466 a month, all in. That figure is an illustration, not a quote.

    Is 105 - 1076 Gainsborough Road freehold or a condo, and is there a monthly fee?

    105 - 1076 Gainsborough Road is a sale of business in North I, London North. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 105 - 1076 Gainsborough Road have?

    105 - 1076 Gainsborough Road has 2 bedrooms.

    Does 105 - 1076 Gainsborough Road have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 105 - 1076 Gainsborough Road?

    105 - 1076 Gainsborough Road is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 105 - 1076 Gainsborough Road heated and cooled?

    Heating is electric forced air (gas). Cooling is yes.

    Where is 105 - 1076 Gainsborough Road?

    105 - 1076 Gainsborough Road is in the North I community of London North. The nearest main intersection is Hyde Park Road. The postal code is N6H 5L5.

    Is 105 - 1076 Gainsborough Road still for sale?

    Yes. It is an active listing (MLS® X13874182). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 105 - 1076 Gainsborough Road asking?

    Similar properties for sale nearby right now include 19 - 1225 Wonderland Road N at $75,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1076 Gainsborough Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 105 - 1076 Gainsborough Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

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    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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